LG, SK: Joe Biden lauded S. Korean companies’ battery dispute settlement
Apr 12, 2021 07:50 am UTC| Business Economy
LG Energy Solutions and SK Innovation are South Korean lithium battery-makers that have been battling in court over patent infringement. The case has been going on for almost two years now, and after many bumps, both sides...
SK finally agreed to settle with LG over the battery dispute
Apr 12, 2021 06:47 am UTC| Business Economy
SK Innovation finally settled with LG Energy Solution and agreed to pay KRW2 trillion or around $1.8 billion. The deal was reached at the last minute since it was only a few hours away when the 10-year import ban on SK was...
Road building is supposed to cut congestion and boost the economy – my research suggests otherwise
Apr 11, 2021 12:33 pm UTC| Economy
British politicians, national and local, tend to like investing in roads. The Treasury believes that the Department for Transports approach to economic analysis is sound, and so is willing to award substantial funds. The...
Welfare dependency of foreign nationals during the pandemic: insights from Switzerland
Apr 11, 2021 12:31 pm UTC| Politics Economy
Welfare expenditures are a contested field, not just politically but also in public discourse. This hotly debated theme includes expressions of support for those in need, discussions on attempts to control social benefits,...
SK hynix to retain investment in Kioxia as it eyes Intel's NAND unit
Apr 10, 2021 09:57 am UTC| Business Economy
South Koreas No. 2 chipmaker SK hynix Inc., has no plan to retrieve its investment in Japanese semiconductor firm Kioxia Holdings Corp. amid speculation it may sell its stake to fund its acquisition of Intel Corp.s NAND...
Renesas to resume production at fire-damaged plant by April 19
Apr 10, 2021 02:46 am UTC| Business Economy
Renesas Electronics Corp. will resume production lines halted by a March 19 fire at its main plant in Naka, Ibaraki Prefecture, on April 19. But the company expects it will take until at least late June before shipments...
KT to offer music streaming service, distribute K-pop music in Vietnam
Apr 10, 2021 02:34 am UTC| Business Economy
South Korean telecom giant KT Corp. has clinched a deal with Vietnam Television Cable to develop a music streaming platform and cooperate in K-pop music distribution and the management of intellectual property in...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects