America’s Roundup: Dollar edges higher as traders await U.S. inflation report, Wall ends lower, Gold ticks up, Oil settles lower as halted Russian pipeline flows appear temporary, demand fears rise-August 10th,2022
HiteJinro has yet to reach a settlement with its unionized drivers even after five months into the conflict.
Apple is expected to produce less than 1.5 million units of its first mixed reality headset that could enter the market in early 2023
Macau has seen its casino industry sales shrink by a whopping 95 percent following China’s rigorous zero-COVID-19 policy, setting an all-time low record ever since statistics were made available in 2009.
Beginning October, Hormel’s internal segments will consist of Retail, Foodservice, International, and Brand Fuel.
According to Mark Armstrong, a packaging specialist at Iceland, bag sealing was a challenge, as was ensuring the material had the necessary barrier properties.
Hyundai Motor and its Indian affiliate have charged HGM, the Indian arm of South Korean knockoff car maker Global Motors, of improperly utilizing the name "Hyundai" and the automaker's emblem.
Analyst Ming-Chi Kuo predicts Apple will raise iPhone 14 costs, possibly increasing the base model’s price to nearly $1,000
Japan's Nissan suspends Russia production due to worsening situation
Nissan Motor Co has suspended production in Russia for the first half of the business year that began April 1 due to bleak prospects of the situation improving, according to its CEO Makoto Uchida.
According to a spokesman, Uchida believes the situation could get more serious and prolonged.
The manufacturer has informed the staff and will keep an eye on the situation to lessen its effects.
Nissan stopped exports and production in Russia in March following Russia's invasion of Ukraine, increasing logistical risk as Western countries applied a number of economic penalties.
The disclosure occurred at a time when businesses throughout the world are being urged to sever their ties with Russia.
The lowest percentage among the Group of Seven countries, only 2.4% of Japanese businesses operating there have done so since the invasion started on February 24.
Renault SA, a Nissan alliance partner, withdrew from Russia in May due to growing criticism of its presence there.