Hyundai to invest $7.4 bln in the U.S. by 2025
14 May 2021 | 10:21 am
South Korea's Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.
31 Oct 2020
Forbes Africa goes behind the scenes for our October edition celebrating 60 years of Nigerian Independence. Our October issue profiles NIGERIA’S NEW TYCOONS, those remarkable entrepreneurs leveraging technology to help Africa leapfrog years of economic stagnation and missed opportunities to build a new rising Africa. This month we celebrate three such tycoons, Fara Ashiru Jituboh, Iyin Aboyeji and Obi Ozor.
13 Nov 2020
“How can you do the right thing and still get punished for it,” laments Abuja-based restaurateur, as CORRUPT Federal Capital Territory Council personnel seal off her restaurant with staff and customers inside!
6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
15 mins ago
German Chancellor Olaf Scholz is in Niger, continuing a three-country tour of Africa. One of the main motivations is that Germany is interested in new sources of energy. We get analysis from Dr. Douglas Yates of the American Graduate School in Paris. Also, as Hassan Sheikh Mohamud is sworn in as president of Somalia, we take a look at the challenges ahead for him. Elsewhere, it's been a year since the explosion of Mount Nyiragongo near Goma in eastern DR Congo, with many still homeless as a result.
15 mins ago
Austria is dropping its mask wearing mandate for the time being — but expects the measure to be reintroduced after the summer. Swedish officials are also preparing for a new infection spike in autumn. Follow DW for more.
1 hour ago
British coin producer, The Royal Mint, unveiled its £5 coin on Monday (May 23) engraved with Prince William's portrait, in honour of the Duke of Cambridge's 40th birthday on June 21.
1 hour ago
Where do you get oil and gas if you want to end dependence on Russia? Germany imported more than 500,000 barrels of crude oil from Russia every day in 2020. In theory, Iran could step in. But it's complicated.
3 hours ago
The 13-time French Open champion is philosophical about the lack of ranking points on offer at the next Grand Slam, Wimbledon.
3 hours ago
We take you to discover some of France's most remarkable trees. In the village of Lucheux, in the northern Somme region, two triple-centenarian lime trees have intertwined over time to become one. They have even played a part in village history: for the past 300 years, they have shaped the future of married couples. Meanwhile, in the Seine-et-Marne region east of Paris, a Japanese sophora (pictured) arouses wonder and curiosity in observers. It stands in the grounds of a school for teenagers with learning difficulties, who regularly draw the tree.