By Dave Graham and Daina Beth Solomon MEXICO CITY (Reuters) -Tesla Inc will build a new assembly plant in northern Mexico, the country’s president announced on Tuesday, marking a push by the electric vehicle maker to broaden operations outside the U.S. in a deal an official said was worth over $5 billion. President Andres Manuel …
Tesla to build new plant in Mexico worth over $5 billion, government says Read More »
By David Shepardson WASHINGTON (Reuters) – President Joe Biden on Tuesday called on U.S. airlines to follow American Airlines in committing to eliminating family seating fees as part of their customer service plans. “No one should have to pay extra to be seated with their kids,” Biden wrote on Twitter. “Time for more airlines to …
Biden urges US carriers to follow American Airlines on family seating Read More »
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports fell in February for a fifth straight month in annual terms, trade ministry data showed on Wednesday, although at a slower pace than in January due mainly to calendar effects related to national holidays. Outbound shipments from Asia’s fourth-largest economy fell 7.5% to $50.10 billion in …
South Korea February exports fall for fifth month, with pace easing on calendar effects Read More »
(Reuters) – Mexico has long been a manufacturing hub in North America for multiple automakers, and the country is trying to position itself for the wave of electric vehicles (EVs) to come. The auto sector is a driver of Mexico’s major manufacturing industry, which is heavily integrated into U.S. and Canadian supply chains. Mexican officials …
Factbox-As Tesla prepares a Mexico plant, a look at auto plants in Mexico Read More »
TOKYO (Reuters) – Japan’s factory activity shrank in February at the fastest pace in over two years, a private survey showed, highlighting companies’ struggles amid a global economic slowdown, raw material inflation and policymakers’ calls for higher wages. The final au Jibun Bank Japan Manufacturing Purchasing Managers’ Index released on Wednesday fell to 47.7 in …
Japan factory activity shrinks the most in 2-1/2 years Read More »
BRASILIA, 28 feb (Reuters) – Brasil dijo el martes que reanudará parcialmente los impuestos federales sobre la gasolina y el etanol e impondrá un impuesto sobre el crudo exportado, en un momento en que la administración izquierdista trata de aumentar los ingresos después de haber incrementado el gasto social. La medida impondrá de hecho una …
Brasil reanudará parcialmente los impuestos sobre la gasolina y el etanol Read More »
RIO DE JANEIRO (Reuters) – A Brazilian court on Tuesday granted a request by bankrupt retailer Americanas that it be allowed to immediately pay workers’ wages and settle small supplier debts, for a total of about 192 million reais ($36.7 million). Rio de Janeiro Judge Paulo Assed Estefan said in his ruling the payments would …
Brazil court approves Americanas payment of wages, some debts Read More »
(Reuters) – Customers of Voyager Digital voted in favor of the crypto lender’s Chapter 11 bankruptcy plan, the company said in a tweet on Tuesday. Of those who participated in the voting, “97% of customers representing 98% of the total claims, voted in favor,” the company said. (Reporting by Urvi Dugar in Bengaluru; Editing by …
Crypto lender Voyager’s customers vote in favor of bankruptcy plan Read More »
(Reuters) -Capital A Berhad, parent of Malaysian budget airline AirAsia, returned to profitability in the fourth quarter, benefiting from strong pent-up demand for air travel and said China’s reopening would further improve its business. AirAsia said on Tuesday it expects 150 of its aircrafts to be operational by the end of March, aiming to have …
AirAsia parent posts Q4 profit; expects China reopening boost Read More »
(Reuters) – The Northern Ireland police on Tuesday said they had released four out of six men arrested in relation to the attempted murder of senior detective John Caldwell following investigation. The four men, ages 22, 38, 43 and 45, were released following questioning, the Police Service of Northern Ireland said in a statement, adding …
Northern Irish police release four men detained in detective shooting case Read More »
