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Category: Business

Hyundai to invest $7.4 bln in U.S. by 2025, with electric cars in focus
June 6, 2021May 31, 2021 riscosnowcom

Hyundai to invest $7.4 bln in U.S. by 2025, with electric cars in focus

Business

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

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Ant leapfrogs banks to top China fund sale rankings
June 5, 2021May 31, 2021 riscosnowcom

Ant leapfrogs banks to top China fund sale rankings

Business

Alibaba affiliate Ant Group became China’s largest seller of non-money-market mutual funds in the first quarter, industry data showed, disrupting a market dominated by banks

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Wizz Air joins airlines cancelling Tel Aviv flights
June 4, 2021May 31, 2021 riscosnowcom

Wizz Air joins airlines cancelling Tel Aviv flights

Business

Wizz Air has cancelled all flights to Tel Aviv on Friday and Saturday, joining other airlines in avoiding Israel due to escalating conflict there. Flights

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Global equity funds receive biggest money inflow in four weeks
June 3, 2021May 31, 2021 riscosnowcom

Global equity funds receive biggest money inflow in four weeks

Business

According to Refinitiv data, global equity funds received $15.1 billion worth of inflows, the biggest in four weeks. However, the inflows mainly involved cyclical stocks,

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Google leads U.S. business push to preserve work permits for H-1B spouses
June 2, 2021May 31, 2021 riscosnowcom

Google leads U.S. business push to preserve work permits for H-1B spouses

Business

Alphabet Inc’s Google said on Friday it was leading about 30 companies and trade groups in opposing a lawsuit that seeks to stop over 90,000

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Lines, tokens and money brokers: Myanmar’s crumbling economy runs low on cash
June 1, 2021May 31, 2021 riscosnowcom

Lines, tokens and money brokers: Myanmar’s crumbling economy runs low on cash

Business

If you do not get a token, you either have to queue for hours for the few functioning cash dispensing machines outside or go to

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Musk tweets, dogecoin leaps and bitcoin retreats
May 31, 2021 riscosnowcom

Musk tweets, dogecoin leaps and bitcoin retreats

Business

Bitcoin was heading on Friday for its worst week since February, while dogecoin leapt by a quarter, as the latest tweets on cryptocurrencies from Tesla

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