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…

The bidding process for the successor of Silicon Valley Bank is being extended by the Federal Deposit Insurance Corp. to give more time to work out a potential deal. The FDIC said Monday that there’s been “substantial interest” from multiple…

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,…

Shell has agreed to pay $10 million to resolve allegations that it polluted the air around its massive new petrochemical refinery in western Pennsylvania, the administration of Gov. Josh Shapiro announced Wednesday. Shell acknowledged that the plant, located along the…

“ Shazam! Fury of the Gods ” felt the fury of the marketplace in its theatrical debut this weekend. The New Line Cinema and Warner Bros. superhero movie opened to a disappointing $30.5 million from 4,071 theaters, according to studio…

BANGKOK — Shares advanced Tuesday in Asia after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business. China’s National Health Commission said Monday that passengers…