Al Gore’s Generation Investment Launches $1.7 Billion Fund
(Reuters) – An investment group chaired by former U.S. Vice President Al Gore on Wednesday launched a $1.7 billion fund…
Reuters
Ericsson To Restructure Operations, Two Executives To Depart
STOCKHOLM (Reuters) – Ericsson on Wednesday laid out plans to restructure its operating units to focus on mobile infrastructure and…
UK Inflation Hits 9%, Highest Since 1980s
LONDON (Reuters) -British consumer price inflation hit an annual rate of 9.0% in April, the highest since official estimates began…
Hyundai Motor Group Plans To Invest $16.5 Billion In S.Korea EV Business
By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group said on Wednesday it plans to invest a total of 21 trillion…
Sony Readies For Metaverse Revolution With Cross-platform Push
By Sam Nussey TOKYO (Reuters) – Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role…
Toyota Taps Wells To Beat Water Supply Disruption In Central Japan
TOKYO (Reuters) – Toyota Motor Corp is using well water at its factories to avoid the impact of an industrial…
Shanghai Authorities Allow Some Financial Firms To Resume Work – Sources
SHANGHAI (Reuters) – Shanghai authorities issued a new ‘white’ list containing 864 financial institutions, allowing them to resume work, three…
Asian Stocks Wobble As Growth Doubts Loom
By Tom Westbrook SINGAPORE (Reuters) – Asia’s stockmarkets struggled to carry recent gains into a fourth straight session on Wednesday…
Fed’s Evans Wants Smaller U.S. Rate Hikes By July Or Sept
By Dan Burns (Reuters) -Chicago Federal Reserve Bank President Charles Evans on Tuesday said he supports moving to a shallower…
Japan’s GDP Shrinks As Surging Costs Raise Spectre Of Deeper Downturn
By Daniel Leussink and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy shrank for the first time in two quarters in the…