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GM South Korea suspends two factories owing to procurement issues

General Motors Co (NYSE:GM) has halted production at its two South Korean sites owing to the refusal of a local supplier to provide automobile components, a GM Korea official told Reuters on Wednesday.

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Written by: Charlie Brooks

Published on: July 20, 2022

Stock News

Deutsche Bank promotes Eigendorf to the position of chief sustainability officer

Deutsche Bank (ETR:DBKGn) named Joerg Eigendorf chief sustainability officer on Wednesday. The bank sees itself as a lender firms can rely on as they transition to a greener future.

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Written by: Aria Thomas

Published on: July 20, 2022

Stock News

Tianjin, China, suspends several enterprises due to new COVID restrictions

Tianjin, China, suspends several enterprises due to new COVID restrictions

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Written by: Skylar Williams

Published on: July 19, 2022

Stock News

Asian stocks decline as investors consider central bank rate decisions

Asian shares declined on Tuesday, following Wall Street’s overnight declines and on heightened concerns about COVID-19 outbreaks in China, as the dollar remained below last week’s peak and traders focused on impending central bank meetings.

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Written by: Haiden Holmes

Published on: July 19, 2022

Stock News

Norway’s Telenor Q2 beat predictions, and the company wants to get a handle on costs

Telenor announced slightly above-projected second-quarter earnings and reiterated its forecast Tuesday. The business will try to reign in escalating expenditures in the second half of the year.

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Written by: Charlie Brooks

Published on: July 19, 2022

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