Ford Motor Co. was blasted by its largest labor union for halting construction on a $3.5 billion battery plant in Michigan amid scrutiny of its ties to a Chinese battery maker by Republican lawmakers.
One of the world’s leading home-appliance makers is looking to electric vehicles to help boost its growth, specifically infotainment systems and components that are used in cars.
(Bloomberg) — Dancing With the Stars, the ABC talent contest, will return Tuesday night, becoming one of the first new shows to come back after a five-month long strike by screenwriters.
The world’s top soy exporter Brazil is at risk of losing ground in key European Union markets as limited data will make it hard for traders to prove compliance with forest-protection laws.
Billions of dollars from humanitarian aid and rising trade with Asian neighbors has propelled Afghanistan’s currency to the top of global rankings this quarter — an unusual spot for a poverty-stricken country with one of the world’s worst human rights records.
UBS Group AG hired longtime trading executive Brian Williamson as it seeks to expand its US execution hub, set up to help asset managers and hedge funds cut costs tied to running a trading desk.
A peace deal between Saudi Arabia and Israel is “probably not a matter of if, it’s a matter of when,” said Shaikh Abdullah bin Rashid Al Khalifa, Bahrain’s ambassador to the US.
(Bloomberg) — Retreating inflation could force companies to relinquish some of the pricing power they’ve wielded recently, a headwind likely to weigh on equities in the final months of 2023, according to JPMorgan Chase & Co.’s Marko Kolanovic.
Russia is still relying on European shipping to transport its oil even as the country’s supplies exceed Group-of-Seven price caps, according to a researcher.
The United Auto Workers’ strike “damages” the US auto industry at a time when President Joe Biden seeks to attract manufacturing investment, said Stella Li, Americas president for BYD Co., the Chinese EV and plug-in hybrid maker.
