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Hyundai Motor to take $219 million hit on sale of Russian plant

SEOUL (Reuters) -South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal 7,000 roubles ($77.67), a company official said on Tuesday, making it the latest global automaker to sell

Bolt’s UK tax tribunal win could prove good news for Uber

LONDON (Reuters) - A significant victory for Estonian ride-hailing and food delivery startup Bolt against Britain's tax authority last week could prove to be positive news for its rival Uber. Bolt

Software startup ServiceTitan prepares for 2024 IPO-sources

By Anirban Sen and Milana Vinn NEW YORK (Reuters) - ServiceTitan Inc, a Los Angeles-based startup that makes software to help contract workers manage their businesses, has revived preparations for an

BlackRock updates spot bitcoin ETF proposal to allow cash redemptions

(Reuters) - BlackRock has updated its proposed filing for a spot bitcoin exchange-traded fund (ETF) to allow cash redemptions, in a move which could help it secure an approval from the U.S. Securities

Hyundai Motor to sell Russian plant, will take $219-million hit

SEOUL (Reuters) - South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal 7,000 roubles ($77.67), a company official said on Tuesday, making it the latest global automaker to sell

Hyundai Motor to sell Russian plant for nominal sum, taking $219 million hit

SEOUL (Reuters) -South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal 7,000 roubles ($77.67), a company official said on Tuesday, making it the latest global automaker to sell

Hyundai Motor says to sell Russia plant for token amount

SEOUL (Reuters) - South Korean automaker Hyundai Motor plans to sell its plant in Russia for a token 7,000 roubles ($77.67), a company official said on Tuesday. Hyundai Motor also said in a regulatory

TSMC to promote from within after chairman retires next year

TAIPEI (Reuters) -TSMC , the world's largest contract chipmaker, said on Tuesday that its board had recommended that current CEO and Vice Chairman C.C. Wei succeed Mark Liu who will be retiring next

ByteDance denies reports it plans to acquire Alibaba’s food delivery business

SHANGHAI (Reuters) - ByteDance said on Tuesday that it is not in talks with Alibaba to acquire its Ele.me food delivery business. A spokesperson said the tech firm also "does not have plans to talk

Hyundai Motor to sell Russia plant for token sum, taking $219 million hit

SEOUL (Reuters) - South Korean automaker Hyundai Motor plans to sell its plant in Russia for a token 7,000 roubles ($77.67), a company official said on Tuesday. Hyundai Motor also said in a regulatory

On Camera

US-Pakistan romance is not new. Why does India feel betrayed?

I don’t believe that the US-India relationship has deteriorated beyond repair. There are ways of handling Trump, even if the Pakistanis have outplayed us this year.

BJP MPs go full throttle against Trump even as govt hails enduring India-US ties amid tariff tension

New Delhi: While the Indian government has made a measured response to the 25 percent trade tariff imposed by Donald Trump, many in the BJP...

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Pakistan, Dhaka have played Washington well. Back home, Modi ecosystem has an inner conflict

To protect ourselves from Trumpian diplomacy, first we must introspect the bipolarity within our establishment discourse.