
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...