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Business

Vietnam car maker VinFast to build U.S. battery factory as it goes all-electric

By wasm1com January 16, 2022January 10, 2022

Vietnam's VinFast plans to build electric vehicle battery cells and packs in a new U.S. manufacturing complex, its global chief executive said, as the company pledged to transform itself into…

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Business

Asahi’s flagship Super Dry beer to undergo biggest makeover in 35 years

By wasm1com January 15, 2022January 10, 2022

Japan's Asahi Group Holdings (2502.T) said on Thursday it was making the first "full renewal" of its flagship Super Dry beer brand since its debut in 1987, modifying the taste…

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Business

Investors brace for quantitative tightening as Fed sends hawkish message

By wasm1com January 14, 2022January 10, 2022

Another barometer of Federal Reserve hawkishness is making a bigger appearance on investors’ dashboards: quantitative tightening. Minutes from the Fed's December meeting released on Wednesday showed that officials had discussed…

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Business

Bitcoin, ether near multi-month lows following hawkish Fed minutes

By wasm1com January 13, 2022January 10, 2022

Bitcoin fell below $43,000 on Thursday, testing multi-month lows after minutes from the Federal Reserve's last meeting showed it leaning toward more aggressive policy action, which sapped investor appetite for…

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Business

WarnerMedia, ViacomCBS exploring possible sale of CW Network – WSJ

By wasm1com January 12, 2022January 10, 2022

AT&T Inc's (T.N) WarnerMedia and ViacomCBS Inc are exploring a possible sale of a significant stake or all of the CW Network, which they jointly own, the Wall Street Journal…

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Business

Honda China JV announces 120,000 units-a-year EV factory

By wasm1com January 11, 2022January 10, 2022

Honda Motor Co (7267.T) and its Chinese joint venture partner Dongfeng Motor (0489.HK) said on Thursday they would build a new factory in Wuhan to exclusively manufacture electric vehicles (EVs)…

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Business

New York Times interfered with union activism, U.S. labor agency alleges

By wasm1com January 10, 2022January 10, 2022

U.S. labor officials have filed a complaint accusing The New York Times Co (NYT.N) of unlawfully interfering with the organizing efforts of tech employees by barring a group of workers…

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