SEOUL, May 8 Reuters Hyundai Motor Co plans to use the investment it has already lined up for the United States to produce hybrid vehicles at its electric vehicle EV plant there. The world39;s No.3 automaker by sales together with affiliate Kia Corp, aims to use investment in its EV and battery manufacturing facilities in Georgia […]

Reuters Reddit said it could post an adjusted profit in the second quarter thanks to its booming advertising business and contentlicensing deals with AI companies, impressing investors who sent its shares soaring 16 in extended trading on Tuesday. The earnings report the first since Reddit went public in March also included a revenue forecast for the […]

Reuters Vertex Pharmaceuticals beat Wall Street estimates for firstquarter profit on Monday, driven by robust uptake for its blockbuster cystic fibrosis treatments. Cystic fibrosis CF an inherited disorder that causes severe damage to the lungs, digestive system and other organs affects an estimated 105,000 people across 94 countries, according to data from U.S.based CF Foundation. Vertex […]

SAO PAULO, May 7 Reuters Carrefour Brasil, which is controlled by France39;s Carrefour, reported a net profit of 39 million reais 7.7 million for the first quarter, reversing losses in the same period last year, as higher food inflation expanded its profits. On an adjusted basis, it also swung back to the black with a […]