WASHINGTON (Reuters) -The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.

New investments by South Korean conglomerate SK Group in the United States announced on Tuesday is an example of successful efforts by the Biden administration to create more resilient and secure supply chains, the White House said on Tuesday.

WASHINGTON (Reuters) -South Korea's second-largest conglomerate SK Group on Tuesday said it plans $22 billion in new investments in the United States, in semiconductors, green energy and bioscience projects.

BEIJING/SYDNEY (Reuters) -China has granted certification to the AC352 utility helicopter it is jointly producing with Airbus, state media said on Tuesday, even as the European planemaker awaits Beijing's nod to sell its foreign-made equivalent in the Asian nation.

The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.

China has certified for use a helicopter jointly developed by a state-run company and Airbus SE, state-controlled media reported on Tuesday.