Day: May 22, 2022

New Zealand PM Ardern to visit U.S. to boost exports, lure tourists

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Published by
Reuters

(Reuters) – New Zealand Prime Minister Jacinda Ardern will visit the United States this week in a bid to boost exports and lure more tourists as the Pacific nation looks to fully reopen its border after more than two years of restrictions. Ardern’s visit comes as U.S. President Joe Biden is on a five-day trip to South Korea and Japan. Her public agenda does not include a meeting with Biden, who is expected to return to Washington on Tuesday. “New Zealand’s relationship with the United States is one of our most enduring and significant. This mission will feature political and security engagemen…

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Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025

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Published by
Reuters UK

By Trevor Hunnicutt and Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with U.S. firms in advanced technology. The investments, announced during a visit to Seoul by President Joe Biden, are for robotics, urban air mobility, autonomous driving and artificial intelligence, the group said. Hyundai Motor Group, which houses Hyundai Motor Co and Kia Corp, on Friday announced plans to invest $5.5 billion in Georgia to build electric vehicle (EV) and battery facilities. Hyundai’s new E…

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