Category Business

STATESBORO, Ga. — A South Korean company will build a $40 million factory in coastal Georgia to make heating and cooling systems near a Hyundai Motor Group auto assembly plant. Hanon Systems announced Tuesday that it would build the plant…

SEOUL, South Korea — A passenger opened an emergency exit door during a South Korean flight Friday, causing air to gust inside the cabin before the plane landed safely, airline and government officials said. Some people aboard the Asiana Airlines…

SEOUL, South Korea — The leaders of South Korea and Germany on Sunday pledged more cooperation in building stable industrial supply chains and addressing the challenges posed by nuclear-armed North Korea as they met in Seoul after flying in from…

JOHANNESBURG — South African President Cyril Ramaphosa has canceled his trip to the World Economic Forum in Davos in order to deal with his country’s worsening power blackouts. Ramaphosa’s office made the announcement in a statement late Sunday. He had…

In the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 members. Questions flowed as the bank’s financial status…

MONTGOMERY, Ala. — Three current and former former executives of a shipbuilder that constructs vessels for the U.S. Navy have been indicted on accounting fraud charges accusing them of falsely inflating the company’s reported earnings, federal prosecutors said. Craig Perciavalle,…