Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025

SEOUL, May 22 (Reuters) – Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with US firms in advanced technology. The investments, announced during a visit to Seoul by President Joe Biden, are for robotics, urban air mobility, autonomous driving and artificial … Read more

New York judge approves congressional map, throwing Democrats into disarray

People fill out ballots during voting in the New York primary election at a polling site in the Brooklyn borough of New York City, New York, US, June 22, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com register May 21 (Reuters) – A New York judge approved a new congressional map that … Read more

Biden says ‘hello’ to North Korea’s Kim amid tensions over weapons tests

SEOUL, May 22 (Reuters) – US President Joe Biden, in Seoul before heading to Japan as part of his first Asia trip as president, had a simple message for North Korea’s Kim Jong Un: “Hello… period,” he told reporters on the last day of his visit to South Korea on Sunday. Biden said he was … Read more

Turkey’s Erdogan discusses concerns with NATO hopefuls Sweden and Finland

Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.com register ISTANBUL, May 21 (Reuters) – Turkish President Tayyip Erdogan, who has objected to Sweden and Finland … Read more

Boeing’s Starliner capsule docks with space station in uncrewed flight test

CAPE CANAVERAL, Fla., May 20 (Reuters) – Boeing’s (BA.N) new Starliner crew capsule docked for the first time with the International Space Station (ISS) on Friday, completing a major objective in a high stakes do-over test flight into orbit without astronauts aboard. The rendezvous of the gumdrop-shaped CST-100 Starliner with the orbital research outpost, currently … Read more

Biden, South Korea’s Yoon vow to deter North Korea but offer COVID aid

SEOUL, May 21 (Reuters) – President Joe Biden and his new South Korean counterpart agreed on Saturday to hold bigger military drills and deploy more US weapons if necessary to deter North Korea, while offering to send COVID-19 vaccines and potentially meet Kim Jong Un. Biden and Yoon Suk-yeol said their countries’ decades-old alliance needed … Read more

U.S., others walk out of APEC talks over Russia’s Ukraine invasion

BANGKOK, May 21 (Reuters) – Representatives of the United States and several other nations walked out of an Asia-Pacific trade ministers meeting in Bangkok on Saturday to protest Russia’s invasion of Ukraine, officials walked out. The walkout was “an expression of disapproval at Russia’s illegal war of aggression in Ukraine and its economic impact in … Read more

Wall Street Week Ahead: As bear market looms, battered Wall St seeks elusive ‘Fed put’

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com register NEW YORK, May 20 (Reuters) – The Federal Reserve’s determination to raise interest rates until it squashes the highest inflation in decades is darkening … Read more

Is Russia fielding laser weapons in Ukraine? Pentagon does not think so

Participants are seen at the stand of Russian state nuclear agency Rosatom during the International military-technical forum “Army-2021” at Patriot Congress and Exhibition Center in Moscow Region, Russia August 23, 2021. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com register WASHINGTON, May 20 (Reuters) – The Pentagon said on Friday there were no … Read more

Factbox: The Great Rebrand: Western business reborn in Russia under new names

May 20 (Reuters) – McDonald’s Corp (MCD.N) is selling its restaurants in Russia to one of its current local licensees, who will reopen the branches under a new name yet to be decided – the most high-profile rebranding so far of companies extricating themselves from Russia. read more Scores of Western brands have said they … Read more