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Hyundai set to make EVs in US

Bloomberg Hyundai Motor Group, which owns both the Hyundai and Kia car brands, said it will build electric vehicles in the US as part of a $7.4 billion investment that also covers hydrogen refuelling stations and unmanned flying taxis. The investments will be made through 2025, Hyundai said in a statement. It didn’t specify how much money would go to ...

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Oil climbs as cyberattack knocks out US pipeline

Bloomberg Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the US out of action. West Texas Intermediate and Brent both rose as gasoline surged as much as 4.2% to the highest since May 2018, before paring gains. Colonial Pipeline Co, a supplier of gasoline, diesel and jet fuel to the ...

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UAE, Singapore discuss means to develop ties

SINGAPORE / WAM Jamal Abdullah Al Suwaidi, UAE Ambassador to the Republic of Singapore, has met with Grace Fu, Singaporean Minister of Sustainability and the Environment, to discuss means to further develop bilateral ties. The parties also reviewed ways to further promote cooperation between the UAE and Singapore, especially in the fields of environment and sustainable development. Al Suwaidi discussed ...

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