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EU fines Moody’s for failing to disclose conflicts of interests

The European Union’s markets watchdog said on Tuesday it has fined credit ratings firm Moody’s 3.7 million euros ($4.35 million) for breaching rules including the failure to disclose conflicts of

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Hyundai Motor to suspend South Korea production due to chip shortage

South Korea’s Hyundai Motor Co said on Tuesday it would suspend production at its Ulsan No.1 plant in South Korea from April 7-14 because of a shortage of semiconductor chips

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Imperial Brands off to good start, eyes vaping improvement

Imperial Brands Plc said on Tuesday it is off to a “good start” this year as the maker Gauloises and Winston cigarettes looks to capitalise on higher tobacco prices and

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Hyundai Motor to suspend some South Korea output due to chip, component supply issues

South Korea’s Hyundai Motor Co said on Tuesday it plans to temporarily suspend production at its Ulsan No.1 plant in South Korea due to chip and component supply issues from

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Suez Canal debacle shows value of Northern Sea Route, Russia says

Russia’s energy ministry said on Monday a stranded container ship blocking Egypt’s Suez Canal has highlighted the safety and sustainability of its Northern Sea Route (NSR) and Russian energy pipelines.

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Traffic in Suez Canal resumes after stranded ship refloated

Shipping was on the move again late on Monday in Egypt’s Suez Canal after tugs refloated a giant container ship which had been blocking the channel for almost a week,

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Samsung Electronics’ Texas chip production returns to near-normal levels

Samsung Electronics said on Tuesday that production at its U.S. chip plant at Austin, Texas had returned to near-normal levels as of last week after more than a month of

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