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Tag: Auto Business

Hyundai to take stake in German hydrogen fuelling group H2 Mobility

Hyundai Motor Co (005380.KS) will invest in Germany’s H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles.

JPMorgan profit soars on recovery but questions linger over lending outlook, competition

JPMorgan Chase & Co (JPM.N) second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on Tuesday that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates, weak loan demand and a slowdown in trading.

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