Month: August 2023
Hyundai, Kia Recalling Over 91,000 Cars in U.S.
Hyundai Motor and its smaller sibling, Kia, are recalling more than 91,000 vehicles in the U.S. over potential fire risks.
Read MoreOil Adds to Gains Following Saudi, Russian Production Changes
Oil prices edged higher after Saudi Arabia and Russia said they’d extend a round of oil production cuts, while the Russian Black Sea port of Novorossiysk was reportedly the target of a drone attack overnight.
Read More6 white ex-officers in Mississippi plead guilty to assault on 2 Black men
Kristen Clarke of the Justice Department said the Mississippi officers “caused harm to the entire community who feel that they can’t trust the police officers who are supposed to serve them.” (Image credit: Rogelio V. Solis/AP)
Read MoreGloomy UK Outlook Prompts Pictet AM to Cut Sterling Position to Underweight
Sterling’s strength could be fragile due to a weak U.K. economic outlook, Pictet Asset Management said, as it cut its position on the currency to underweight from neutral.
Read MoreTrump ordered not to talk to election trial witnesses, which include inner circle
Former US president potentially already in violation of order, as daughter Ivanka, son Trump Jr, and current employees involved in case
Read MoreRashid Johnson exhibit at Israel Museum seeks to create ‘discourse about Blackness’
With just three artworks, upcoming installation feels like a ‘personal shout of anxiety,’ says curator Nirith Nelson, who hopes art will speak to Israelis of Ethiopian descent
Read MoreWho is Alexei Navalny – the jailed Putin critic some Russians hope could overthrow him?
President Vladimir Putin’s most vocal critic has been handed a fresh prison term, which could keep him behind bars for another two decades.
Read MoreImporting Laptops Into India Will Now Require a Permit
India is making it harder to import laptops, tablets and other consumer-electronics devices to boost local manufacturing and curb imports from China, government and industry officials said.
Read MoreCredit Agricole Profit Jump as Insurance Lifts Revenue
Credit Agricole reported a second-quarter net profit of €2 billion on sales that rose 19%, boosted by insurance income, with €1 billion in net inflows at its asset-management business.
Read MoreMaersk Sees Improved Outlook as Cost Cuts Offset Lower Earnings
Maersk posted a sharp drop in second-quarter net profit, as freight rates and volumes fell, but cost-cutting helped it beat expectations and prompted the company to raise the lower end of its full-year guidance range.
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