Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
One Percent Rule Checklist For Safer Forex Trading Risk 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
Baidu Shares Rise in Hong Kong After Apollo Go Robotaxi Launch in Abu Dhabi 
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 
Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York 
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
Syrah Resources and Tesla Extend Deadline on Graphite Supply Dispute to March 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
Hyundai Heavy Industries Holdings Co. (HHI Holdings) has submitted a preliminary bid for a 36.27 percent stake in Doosan Infracore Co. after declaring last month that it would not pursue a purchase due to concerns over the latter's debts.
HHI Holdings reportedly changed its mind after Doosan Group vowed to repay owed by its Chinese unit, Doosan Infracore China Co.
Doosan Heavy Industries & Construction Co. (DHI), the parent of Doosan Infracore, managed to obtain a cash infusion of 3 trillion won from its creditors, including the Korean Development Bank, to help it tide over short-term debts worth 4.2 trillion won, scheduled for payment within the year.
The sale of Doosan Infracore is part of DHI's self-rescue plan.
Credit Suisse, the lead manager for the Doosan Infracore stake sale, invited preliminary bids early this month.
Doosan Bobcat, owned by Doosan Infracore, will be excluded in the proposed sale this time.
The price is expected to start between 700 billion won and 800 billion won, including a premium for management control.
Doosan Group and its sales manager are eyeing to get at least 1 trillion won.
The stake is valued at around 600 billion won based on Doosan Infracore's market cap of 1.65 trillion won.
Doosan Infracore manufactures and sells construction equipment and engines such as excavators.
