Huawei files lawsuit to prove it is not a security threat to the US
Feb 11, 2021 09:42 am UTC| Business Economy
Huawei has been blacklisted in the U.S. after Donald Trumps administration labeled the company as a threat to the countrys security. Now the Chinese company decided to take steps to prove it is not a national...
US trade panel backs LG in trade secret dispute, bans SK import
Feb 11, 2021 00:00 am UTC| Economy Business
The US International Trade Commission (ITC) ruled in favor of South Korean battery maker LG Energy Solution Ltd. in a trade secret case over SK Innovation Co. and issued a 10-year import ban on some of the latters...
Coca-Cola top Q4 estimates with $1.46 billion net income, as cost cuts offset reduced sales
Feb 11, 2021 00:00 am UTC| Economy Business Investing
Coca-Cola reported a fourth-quarter net income of $1.46 billion, or 34 cents per share, down from $2.04 billion, or 47 cents per share, a year earlier, as fresh pandemic curbs globally closed its biggest sales drivers,...
Asics and Casio team up to help runners train better
Feb 10, 2021 23:58 pm UTC| Economy Business
Asics Corp. and Casio Computer Co. have collaborated to offer a special app with a sensor device that would improve the jogging and training styles of runners of all levels. The app will analyze users running styles and...
TSMC eyes $9 billion from debt markets to fund expansion
Feb 10, 2021 23:56 pm UTC| Economy Business Investing
Taiwan Semiconductor Manufacturing Co. (TSMC) would raise nearly $9 billion from the debt markets to help fund expansion and pollution prevention-related efforts, after hiking revenue and capital spending estimates in...
Toyota jacks up profit forecast to 54%, says chip supply not yet an issue
Feb 10, 2021 23:55 pm UTC| Economy Business
Toyota Motor Corp boosted its full-year earnings forecast by a bigger-than-expected 54 percent, saying it has an up to four-month stockpile of chips and was not immediately expecting a shortage to hit production. The...
Volkswagen looking for industrialized approach to flying vehicles in China
Feb 10, 2021 23:51 pm UTC| Economy Business
Volkswagen is looking at an industrialized approach to flying vehicles in China by investigating potential concepts and partners in a feasibility study. Europes largest automaker noted that vertical mobility could be...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight