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South Korea's Hyundai Motor Co and Kia Corp said on Monday they are not in talks with Apple Inc on developing autonomous vehicles, sending their shares tumbling.
As the trading frenzy in GameStop Corp shares and other social media favorites recedes, investors are eyeing signs of potential market stress that could weigh on broader stock performance in coming weeks.
(Corrects name of party to Progressive Party in third paragraph) BRASILIA, Feb 1 (Reuters) - Brazil’s Senate on Monday chose a lawmaker endorsed by President Jair Bolsonaro to head the upper chamber, giving the far-right leader a base among center-right politicians with whom he had once vowed never to ally. Senator Rodrigo Pacheco won a two-year leadership term by a vote of 57-21. Another new Bolsonaro ally, Arthur Lira of the right-wing Progressive Party, is expected to win the speakership of the lower house later on Monday. Bolsonaro’s support for Pacheco and Lira underscore his embrace...
French-Italian chipmaker STMicroelectronics said on Thursday it planned to increase investments in 2021 to meet higher demand, especially in automotive and microcontroller segments, and forecast first-quarter sales to jump by almost a third year-on-year. Chip makers have...
Buyers of liquefied natural gas (LNG) from the United States are expected to cancel up to five cargoes for loading in March, half the volumes that were cancelled in February, trade sources said on Thursday.