SEOUL: In 2018, South Korea's SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States. With great fanfare, SK Innovation (SKI) broke ground in March on a US$1.7 billion factory in ......
HP Inc on Tuesday posted quarterly earnings above analysts' estimates as higher sales of personal computers and workstations helped counter weakness in its printer business.
A battery-powered Lincoln SUV, due in mid-2022, will be the first Ford Motor Co vehicle built on a custom electrified chassis that resembles a skateboard, which was developed by Ford-backed startup Rivian, according to several people familiar with the program.
A proposal to combat traffic congestion in Chicago by increasing taxes on certain ride-hailing trips won city council approval on Tuesday as the city and ride service companies accused each other of penalizing low-income riders.
Retail subscription for Saudi Aramco's initial public offering (IPO) reached 27.04 billion Saudi riyals (US$7.21 billion) on Tuesday, lead manager Samba Capital said.
Activist investor Blackwells is pushing to remove Tom Barrack, a billionaire friend of President Donald Trump, as CEO of Colony Capital, saying his mismanagement of the real estate and investment firm has cost shareholders billions of dollars in lost gains.
Democratic senators proposed legislation on Tuesday that would set penalties for online companies like Alphabet Inc's Google and Facebook Inc if they mishandle users' personal data.
WASHINGTON: Injury rates reported for workers at Amazon warehouses across the United States are more than double the national average, according to a news investigation into workplace conditions at the electronic commerce giant. The report released on Monday (Nov 25) by Reveal, a project of the ...
Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates.
Wall Street stocks have leap-frogged over a host of concerns, including a stall in corporate earnings and political controversy in Washington, on their way to record highs this month.
