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SK Innovation fuels LG Chem feud with EV battery patent lawsuit

A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd said it plans to sue bigger rival LG Chem Ltd in the United States over alleged patent infringement related to electric vehicles (EV).



6 years ago

With racing and music events, Tesla gets over marketing allergy in China

Tesla Inc has always shown disdain for marketing, with CEO Elon Musk boasting his company does not advertise, instead using the money it would have spent to develop products.



6 years ago

Japan's curbs on high-tech materials exports to South Korea could backfire

Japan's curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip supply chain, suppliers and experts say.



6 years ago

Billionaire Fredriksen seeks investors for shipping-to-fish empire: media reports

Industrialist John Fredriksen is seeking investors to take larger stakes in his companies and could relinquish control of operations as part of a plan to reduce his workload, the Norwegian-born 75-year-old told two newspapers on Friday.



6 years ago

Factbox: Month of bond market milestones - How low can you go?

August has turned out to be another month of milestones for bond markets as an escalating trade conflict fans recession fears, pushing borrowing costs deeper and deeper into negative territory.



6 years ago

China, U.S. trade negotiating teams maintaining 'effective communication': China

Chinese and U.S. trade negotiating teams are maintaining effective communication, China's Foreign Ministry said on Friday at a daily news briefing in Beijing.



6 years ago

Oil prices fall but set for big weekly gain on trade dispute hopes

Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric.



6 years ago

Asian shares near one-week top on soothing trade tone, overall mood cautious

Asian shares jumped to a one-week high on Friday as the United States and China showed a willingness to resolve their trade dispute by returning to the negotiating table, though lingering recession fears tempered some of the enthusiasm.



6 years ago

Nippon Steel to cut capex spending as U.S.-China trade war crimps demand

Nippon Steel Corp will cut its planned capital expenditures for the three-year period to March 2021 by between 10% and 20% as weaker steel demand amid the U.S.-China trade war has eroded its profits, a company official said on Friday.



6 years ago

Month of bond market milestones: How low can you go?

August has turned out to be another month of milestones for bond markets as an escalating trade conflict fans recession fears, pushing borrowing costs deeper and deeper into negative territory.



6 years ago

Global stocks scale one-week high on trade hopes, yuan softens

World stocks rose to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped gains with China's yuan softening again, on track for its weakest month in 2-1/2 decades.



6 years ago

Oil prices fall but set for big weekly gain as trade dispute rhetoric eases

Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric.



6 years ago

Malaysia's AirAsia cuts Airbus A330neo order plans, adds A321XLR

Malaysia's flagship budget airline AirAsia Group Bhd slashed its plans for Airbus SE A330neo orders by nearly two-thirds to 12, but said it would order 30 of the new long-range A321XLR narrowbodies.



6 years ago

Toyota won't build cars at UK factory the day after Brexit

Japan's Toyota will not build cars at its British factory the day after Britain leaves the European Union as part of plans to handle any disruption from a potentially disorderly Brexit.



6 years ago

Disabled workers chase 'dream jobs' in tight U.S. labor market

Megan Helsel, a kayaking wildlife specialist, has her dream job, and T'angelo Magee is making headway toward his, a commercial pilot. Both say work is central to their identity. Both are disabled.



6 years ago