SHANGHAI (Reuters) – Juneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks…
SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) complex in South Korea, where it plans to invest about 20…
‘That’s A Racist Term’: Black Mom Called ‘Token’ By School Board Member Plans To Sue Reagan Reese on August 16, 2022 A black conservative mom called a “token person” by…
Image credit: Pie Tap Pizza Workshop Dive into this week’s top stories from Atlanta, Chicago, Dallas, Denver, Houston, Las Vegas, Los Angeles, Miami, New York, Orlando, Philadelphia, Phoenix, San Diego,…
By Rajesh Kumar Singh CHICAGO – Frontier Group Holdings Inc is targeting capacity growth of up to 20% through the decade, Chief Executive Barry Biffle told Reuters, as the budget…
MOSCOW – Russian largest gold producer Polyus plans a bond issue worth no less than 3.5 billion Chinese yuan ($517 million), the Interfax news agency reported on Monday, citing a…
(Reuters) – Alphabet Inc’s YouTube is planning to launch an online store for streaming video services, the Wall Street Journal reported on Friday. The company has renewed talks with entertainment…
(Reuters) – Chinese officials are planning a possible trip by Xi Jinping to Southeast Asia in November for what could be the leader’s first foreign trip since the COVID-19 pandemic…
BERLIN – Germany’s finance ministry wants to raise income tax thresholds and slightly increase child benefits in response to the highest inflation in the country in decades, ministry officials said…
By Julie Zhu and Sophie Yu HONG KONG/BEIJING – Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, China’s Luckin Coffee believes it has…
(Reuters) – Snap Inc is in early stages of planning layoffs, the Verge reported on Monday, citing people familiar with the plans. The scope of the job cuts is currently…
BANGKOK – Thailand plans to raise its mininum wage for the first time in more than two years, by 5% to 8% to help workers cope with the impact of…
By Shreya Jain and Allison Lampert TORONTO – The pace of job creation is slowing in Canada, hammered by the sharp rise in interest rates, but that is yet to…
SHANGHAI – China’s CATL, the world’s largest battery maker, is pressing ahead with plans to deliver lower-cost lithium iron batteries to Ford Motor Co and with plans for battery production…
OSLO – Swedish truck maker Volvo Group plans to establish a large-scale production plant for battery cells, gradually building it up towards 2030 to meet a growing demand for zero-emission…
(Reuters) – Citigroup Inc is planning to hire 500 employees over the next three years for a new wealth division, Bloomberg News reported on Tuesday, citing an interview with the…
SEOUL – South Korea’s Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million),…
BERLIN – Preparation for a listing of Volkswagen’s sportscar brand Porsche later this year is continuing, with a decision expected in late summer, the carmaker’s chief financial officer said on…
US Army Plans To Create A Fat Camp For Overweight, Out Of Shape Recruits Micaela Burrow on July 27, 2022 The Army announced plans Tuesday to establish a “prep course”…
By Richa Naidu LONDON – Reckitt Benckiser, maker of Dettol cleaning products and Durex condoms, has contingency plans in place to keep a major European facility from shutting down if…
By Selena Li and Samuel Shen HONG KONG/SHANGHAI – UBS Group AG plans to set up a wholly owned mutual fund business in China, two people with direct knowledge of…
SEOUL – South Korea’s top financial regulator unveiled on Tuesday a draft plan for supporting distressed financial companies to prevent failures, rather than waiting to bail them out after they…
By Andy Bruce and Elizabeth Piper LONDON – The final two candidates in the race to succeed British Prime Minister Boris Johnson clashed on Monday in a televised debate, during…
(Reuters) – China plans to sort U.S.-listed Chinese companies based on the sensitivity of the data they hold in an attempt to stop U.S. regulators from delisting hundreds of firms,…
By Marcela Ayres and Bernardo Caram BRASILIA – Economic advisers to Brazil’s leading presidential candidate are drafting plans for a more aggressive foreign exchange policy, including more market interventions and…