Georgia Governor Brian Kemp will announce on Friday that Hyundai Motor Group is investing more than $7 billion in the state, an announcement coinciding with a visit by President Joe Biden to Seoul, sources told Reuters.

Asian stocks slid on Thursday, tracking a steep Wall Street selloff, as investors worried about global inflation, China's zero-COVID policy and the Ukraine war, while the safe-haven dollar eased.

British low-cost carrier easyJet said demand was strong, with bookings in the last 10 weeks consistently above pre-pandemic levels, as it reported a first-half headline loss of 545 million pounds ($674 million), in line with its guidance.

MILAN (Reuters) -Italy's top insurer Assicurazioni Generali said on Thursday it posted a smaller-than-expected drop in Q1 net profit after impairments on its Russian investments for 136 million euros ($142.75 million).

(Reuters) -China has removed a three-year restriction on imports of Canadian canola seed, Canadian officials said in a statement on Wednesday that didn't provide a reason for the lifting of curbs, but trade is likely to be limited by low stocks and high prices.

From meme-stock enthusiasts to retirees, this year's steep dive for both stocks and U.S. Treasury prices has upended portfolios for individual investors who had enjoyed watching their wealth grow during the historic rally in financial assets early in the coronavirus pandemic in 2020.