Norway Offshore Oil Workers Reach Wage Deal, Averting Strike 
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Fiat Chrysler Automobiles NV (FCA) will invest $250 million in India to manufacture a mid-size, three-row SUV, assemble the Jeep Wrangler and Jeep Cherokee, and launch a new version of its Jeep Compass SUV.
FCA's three-row SUV will compete with Ford Motor's Endeavour and Toyota Motor's Fortuner SUVs in India.
Adding new vehicles to its portfolio will help FCA increase local sourcing of components, achieve better economies of scale, reduce costs, and boost sales.
FCA currently has less than a 1 percent share of India's passenger vehicle market.
The new SUVs will be produced and assembled at its plant in western India, which it jointly owns with domestic automaker Tata Motors.
Indian automakers have been struggling to cope with slowing domestic demand beginning in 2019, even before it got stung by the effect of the pandemic.
Japan's Honda Motor Co closed one of its two plants in India while General Motors last month stopped locally producing cars.
The latest investment will bring FCA's total in India to over $700 million.
