South Korean conglomerate SK Group has announced $22 billion in investments in the United States across a broad complex of sectors, including large-capacity batteries, electric vehicle charging manufacturing, semiconductor manufacturing, and pharmaceuticals.This is in addition to the company's recent announcement of a $7 billion investment in EV batteries.SK will invest the half of its total inves...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.