European markets close slightly higher; H&M up 15% after profit beat; Sweden holds rates
This was CNBC's live blog covering European markets.
Operation asian news
Hyundai considering hybrid vehicle production at $7.6 billion Georgia EV plant
NEW YORK – Hyundai Motor is reevaluating its plans to exclusively produce all-electric vehicles at a new plant under construction in Georgia, an executive told CNBC on Wednesday.
Thursday Briefing: Russia’s Online Attack on Ukraine Aid
Russia has intensified its spread of online disinformation in an effort to derail military funding in the U.S. and Europe for Ukraine, according to experts and intelligence assessments. The campaign largely uses harder-to-trace technologies to amplify arguments for isolationism ahead of the U.S. elections.
Taiwan's Advantech aims to turn Malaysia into Southeast Asia hub
PENANG, Malaysia -- Taiwanese industrial computer maker Advantech is stepping up investment in manufacturing and other operations in Malaysia to create a regional hub for serving customers across Southeast Asia, a strategy it plans to replicate in Mexico and Turkey.
H&M shares jump 14% as profit smashes expectations
Shares of H&M leapt 14% in early deals on Wednesday, after the Swedish retailer significantly beat profit expectations for its fiscal first quarter.
Filmmaker Draws Censors’ Wrath: ‘A Price I Have to Accept’
China’s film industry was operating under a planned economy when Wang Xiaoshuai graduated from Beijing Film Academy in 1989. Only a few studios, all state-owned, were allowed to make movies.
Japan's Kuraray plans Singapore plant for packaging that cuts food waste
TOKYO -- Japanese plastic maker Kuraray will construct a $410 million plant in Singapore under plans announced Tuesday, aiming to boost output of a packaging material that helps to reduce food waste.
Shipping giant Maersk confirms it chartered ship that collided with Baltimore bridge
Danish shipping giant Maersk on Tuesday confirmed it had chartered the container ship which crashed into the Francis Scott Key Bridge in the U.S. city of Baltimore in the early hours of the morning.