SEOUL (Reuters) - Hyundai Motor Co ( HYMTF ) and sister company Kia Corp ( KIMTF ) will recall about 170,000 electric vehicles (EVs) in South Korea over problems with software in the charging systems, South Korea's transport ministry said on Thursday. Hyundai will recall 169,332 EVs in the country, affecting five EV models, including Ioniq-series and Genesis models, the...

05:55 AM EDT, 03/14/2024 (MT Newswires) -- (Updates with the stock move in the headline and the last paragraph.) Lennar ( LEN ) on Wednesday reported Q1 earnings of $2.57 per diluted share, up from $2.06 a year earlier. Analysts polled by Capital IQ expected $2.20. Total revenue for the quarter ended Feb. 29 was $7.31 billion, up from $6.49...

ZURICH (Reuters) - UBS's rescue takeover of Credit Suisse a year ago has created new risks and challenges for the Swiss economy, the Organisation for Economic Cooperation and Development said on Thursday, the latest international forum to raise concerns about the deal. The acquisition may have safeguarded financial stability, but also raises questions about UBS's domestic dominance and the need...

Weibo Corp ( WB ) reported a fourth-quarter fiscal 2023 revenue growth of 3% year-on-year to $463.67 million, beating the consensus of $454.97 million. Revenue of the Chinese social network company grew by 5% Y/Y on a CC basis. Adjusted EPS of $0.31 missed the consensus of $0.50. The stock price climbed after the results. Weibo’s advertising and marketing revenues climbed 3% Y/Y...