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Take Five: The burning bush

A swathe of Australia the size of South Korea is being razed by fire. The toll so far: 27 lives, more than 1,800 homes, a billion animals. But that's probably a fraction of the eventual costs. Analysts who have done the .....»»

Category: topSource: reutersJan 10th, 2020

GM, South Korea"s LG hook up in EV battery joint venture

General Motors and South Korea's LG Chem announced they will invest $2.3 billion to set up an electric vehicle battery joint venture near a shuttered GM plant in Ohio. Conway G. Gittens has the details......»»

Category: videoSource: reutersDec 5th, 2019

GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio

General Motors Co and South Korea's LG Chem said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

GM, LG Chem set $2.3 billion electric vehicle battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

GM, LC Chem set $2.3 billion electric vehicle battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

GM, LC Chem announce $2.3 billion EV battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

South Korea"s Hyundai Motor unveils plan to invest $52 billion over six years

Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, about one-third of the expenditure focused on electric and autonomous vehicles, the company said on Wednesday......»»

Category: topSource: reutersDec 3rd, 2019

Holiday season shoppers have already spent $50.1B online: Adobe

Holiday season shoppers have already spent $50.1 billion between Nov. 1 and Nov. 26, according to data from Adobe Analytics . That's a 15% increase from 2018. A quarter of shoppers have finished their online shopping for the season, though perhaps the.....»»

Category: topSource: marketwatchNov 27th, 2019

Feuding Korean firms risk disrupting electric car battery supplies

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......»»

Category: topSource: reutersNov 26th, 2019

Hyundai Motor to invest $1.55 billion in first Indonesia car plant

South Korea's Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market......»»

Category: topSource: reutersNov 26th, 2019

Korea memory-IC industry output value rises 5.5% in 3Q19, says Digitimes Research

The production value of South Korea's memory chip industry increased 5.5% sequentially to KRW19.8 trillion (US$17.06 billion) in the third quarter of 2019, according to Digitimes Research......»»

Category: topSource: digitimesNov 11th, 2019

These Arizona tourist attractions saw the highest attendance in 2018

Arizona saw a record number of tourists in 2018, proving a boost to both local and state economies. In 2018, a record 45.4 million visitors spent at least one night in Arizona. Those tourists spent a total of $24.4 billion during the state’s 20.....»»

Category: topSource: bizjournalsNov 4th, 2019

On the scene as MBJ counts down the Fastest Growing Companies (photos)

They account for $23.5 billion in revenue. They employ 77,000 people. They increased their revenue on average by 36.4 percent from 2016 to 2018. They are the Fastest Growing Companies in the Mid-South. Memphis Business Journal hosted its i.....»»

Category: topSource: bizjournalsOct 28th, 2019

Debt-Burdened HMM To Issue $562.4 Million Convertible Bond

South Korea-based ocean box shipping line Hyundai Merchant Marine (KRX: 011200) has revealed plans to issue a 660 billion Korean won (US$562.4 million) convertible bond. read more.....»»

Category: blogSource: benzingaOct 25th, 2019

AB InBev loses $13 billion in value as beer drinking slows in Brazil and South Korea

Anheuser-Busch InBev saw more than $13 billion wiped off its market value on Friday, after a profit warning and weaker-than-expected third-quarter earnings growth sparked by reduced demand for its beer in Brazil and South Korea......»»

Category: topSource: reutersOct 25th, 2019

Hyundai, Kia earmark $760 million to settle U.S. lawsuits over engine fires

Hyundai Motor Co and affiliate Kia Motors Corp have earmarked a total of 900 billion won ($757.86 million) to settle U.S. class action litigation and address engine-related issues in the United States and South Korea......»»

Category: topSource: reutersOct 11th, 2019

Georgia tourism industry posts record 2018

Tourists spent $31 billion in Georgia last year, a 4.8% increase over 2017. The Peach State welcomed a record of 111.67 million visitors in 2018, supporting 475,000 jobs and generating $66.2 billion in economic impact, up 4.7% compared to the previo.....»»

Category: topSource: bizjournalsSep 12th, 2019

HMM Trims Second Quarter Loss, Reports Revenue Increase Of 12.8%

Hyundai Merchant Marine (011200.KS), South Korea's largest container carrier, said it had an operating loss in the second quarter of 2019 of 112.9 billion won (about $93 million at the current exchange rate of about 1,215 won to the U.S. read more.....»»

Category: blogSource: benzingaAug 14th, 2019

HMM Trims Second Quarter Loss, Reports Revenue Increase Of 12.8%

Hyundai Merchant Marine (011200.KS), South Korea's largest container carrier, said it had an operating loss in the second quarter of 2019 of 112.9 billion won (about $93 million at the current exchange rate of about 1,215 won to the.....»»

Category: earningsSource: benzingaAug 14th, 2019

South Korea to spend $6.5 billion on R&D to cut reliance on Japanese imports

South Korea on Monday announced plans to invest about 7.8 trillion won ($6.48 billion) in research and development to foster the local production of materials and equipment over the next seven years and cut reliance on Japanese imports......»»

Category: topSource: reutersAug 4th, 2019