South Korean electric vehicle battery leader bets on rapid growth in the US

South Korea’s biggest EV battery maker is betting on rapid growth in the US following a package of climate-friendly tax breaks to move closer to its biggest Chinese rival as competition intensifies in the sector. The North American market for electric vehicle batteries will be the fastest growing in the world this year, said Robert … Read more

Bayer warns of 2023 earnings as inflation remains high, after disappointing quarter

Bayer AG on Tuesday reported fourth-quarter 2022 net profit that missed consensus expectations despite higher sales, saying it expects 2023 profit to be lower than a year earlier as inflation is still high. The German agricultural and pharmaceutical company BAYN, -3.70% registered a net profit of 611 million euros (648.3 million dollars) for the last … Read more

10 largest restaurant companies

The world’s largest restaurant companies are primarily chain operations with a significant international presence. Many have positioned themselves to weather economic cycles by maintaining steady and profitable growth over the long term, and some have companies that control a variety of subsidiary chains. These are the 10 largest restaurant companies by revenue as of December … Read more

China mine collapse finds more bodies, 48 ​​missing

ALXA LEAGUE, China (AP) — Rescuers with backhoes and bulldozers dug through tons of earth and rubble on Thursday for 48 people missing after a landslide buried a quarry in northern China. State broadcaster CCTV said the confirmed death toll from the disaster had risen to five. Conditions in the area remain dangerous and searches … Read more