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International News
Samsung, GM to invest $3bln in EV battery factory
Samsung and General Motors (GM) announced on Tuesday that they plan to invest about $3 billion in an electric…
LG Display’s loss exceeds expectations of $823mln
South Korean display panel maker LG Display posted on Wednesday its fourth straight quarterly loss, to reach a 1.1…
Swedish central bank hikes rate 0.5 points to 3.5%
Sweden’s central bank has raised its policy rate by half a percentage point to 3.50 percent in line with market…
BRICS receives membership requests from 19 countries
Nineteen countries expressed an interest in joining the BRICS group of nations, including 13 countries have…
Honda announces strategy for electric vehicles
Honda president, Toshihiro Mibe announced Wednesday developing two new models and a bigger EV with a new platform…
Britain to spend $125mln to use AI in healthcare, education
Britain announced on Monday that it plans to spend 100 million pounds ($124.5 million) in initial funding to…
EU signs deal for sustainable aviation fuel targets
The European Union has signed on Tuesday a deal to set mandatory targets for European airlines usage of sustainable…
First Republic Bank shares fall nearly 50% after withdrawals
First Republic Bank’s shares lost almost half of their value on Tuesday, a day after the mid-size U.S. bank said…
Egypt’s gold prices increase
Gold prices in Egypt continued to increase on Tuesday. Global gold prices have decreased slightly as reflected in…
Russia revives Rostic’s amid KFC exit
Former KFC restaurants in Russia will reopen as Rostic’s on Tuesday to revive the Russian brand born after the…