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Nissan"s South Korean unit planning voluntary redundancies: source

Nissan Motor Co's South Korean unit plans to seek applications for voluntary redundancy, a person with knowledge of the matter said on Friday, as the automaker's shares sank to their lowest in more than a decade......»»

Category: topSource: reutersFeb 14th, 2020

GM may raise investment plan for South Korean unit: source

SEOUL (Reuters) - General Motors Co a.....»»

Category: topSource: reutersApr 25th, 2018

GM Korea to cut output of key SUV as virus hits U.S. exports: document

General Motors Co's South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weighs on its U.S. exports and also disrupts parts supplies......»»

Category: topSource: reutersMay 4th, 2020

Hyundai to provide COVID 19 tests, "drive through" testing support in U.S.

Hyundai Motor Co's North American unit will expand its support for "drive through" testing for the coronavirus and donate 65,000 tests to hospitals in the United States, the South Korean automaker said on Tuesday......»»

Category: topSource: reutersApr 14th, 2020

Samsung starts building $220 million R&D centre in Vietnam

Samsung Electronics has started building a $220 million research and development centre in Vietnam, the South Korean tech giant's local unit said on Monday......»»

Category: topSource: reutersMar 2nd, 2020

Inside Charlotte developer"s plans for new apartment project near South End

A local developer is planning its next multifamily project in the burgeoning Gold District. The Spectrum Cos., in partnership with Charlotte real estate investment management company FCA Partners, will develop a 303-unit, eight-story apartment proje.....»»

Category: topSource: bizjournalsJan 24th, 2020

Opel rules out forced redundancies until July 2025 but reopens voluntary leave scheme

PSA's German unit Opel on Tuesday said it was ruling out forced redundancies until July 2025 - extending its guarantee by two years - but was re-opening a voluntary leave program for older employees that would be limited to 2,100 jobs......»»

Category: topSource: reutersJan 14th, 2020

Chinese delegation plans to travel to Washington to sign trade deal: SCMP

A Chinese trade delegation is planning to travel to Washington on Jan. 13 for the signing of the U.S.-China Phase 1 trade deal, the South China Morning Post reported on Sunday citing a source briefed on the matter......»»

Category: topSource: reutersJan 5th, 2020

Audi to cut 9,500 jobs by 2025: source

Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said......»»

Category: topSource: reutersNov 26th, 2019

Exclusive: Aramco Trading sells first U.S. West Texas Light crude to South Korea"s Hyundai - sources

Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said......»»

Category: topSource: reutersAug 28th, 2019

South Korea bourse fines BofA Merrill Lynch over irregular trading

The Korea Exchange (KRX) said on Tuesday it has imposed a 175 million won ($148,655) fine on Bank of America Merrill Lynch's South Korean unit for irregular trading activities......»»

Category: topSource: reutersJul 16th, 2019

Samsung to Roll Out Crypto Features on Budget Galaxy Phones

South Korean electronics giant Samsung is planning to bring crypto and blockchain features to more phones across its Galaxy range......»»

Category: forexSource: coindeskMay 14th, 2019

Tesla supplier agrees to buy GM"s South Korean plant for EV manufacturing

A South Korean supplier of Tesla Inc said on Friday it had agreed to buy a shuttered auto factory from General Motors' local unit to start contract manufacturing of electric vehicles......»»

Category: topSource: reutersMar 29th, 2019

Crypto Exchange Bithumb to Reduce Staff By Up to 50%

Bithumb, the largest cryptocurrency exchange in South Korea, is halving its staffing levels through voluntary redundancies......»»

Category: forexSource: coindeskMar 18th, 2019

GM agrees to provide $3.6 billion funding to South Korean unit: South Korea

SEOUL (Reuters) - General Motors has agreed to provide $3.6 billion in fresh funding to its troubled South Korean unit, higher than its previously proposed $2.3 billion as part of a preliminary deal, South Korea said on Thursday......»»

Category: topSource: reutersApr 26th, 2018

GM president says near resolution for South Korea unit, union accepts wage deal

SEOUL (Reuters) - General Motors Co's president said on Thursday that it was very close to a resolution to fix its ailing South Korean unit, as its South Korean union accepted a wage deal......»»

Category: topSource: reutersApr 25th, 2018

GM"s South Korean union accepts wage deal

SEOUL (Reuters) - Unionized workers at General Motors Co's South Korean unit voted to approve a tentative wage deal agreed with the automaker, the union said on Thursday......»»

Category: topSource: reutersApr 25th, 2018

GM president says close to resolution to fix its South Korean unit

SEOUL (Reuters) - General Motors Co's president said on Thursday that it was very close to a resolution to fix its ailing South Korean unit......»»

Category: topSource: reutersApr 25th, 2018

GM, South Korea weigh raising investment plan in unit from $2.8 billion: source

SEOUL (.....»»

Category: topSource: reutersApr 25th, 2018

GM Korea averts bankruptcy but how long will it stay?

SEOUL (Reuters) - General Motors' South Korean unit has averted a bankruptcy filing, but analysts and customers, as well as the South Korean government, are debating how long the loss-making company will remain in business......»»

Category: topSource: reutersApr 24th, 2018

GM avoids bankruptcy for South Korean unit with union deal

Read full story for latest details......»»

Category: topSource: cnnApr 23rd, 2018