China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains 
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement 
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
Hyundai Motor Co. seeks to raise its stake in its 230,000-unit-a-year plant in Izmit, Turkey to 97 percent by acquiring a 27 percent stake held by Kibar Holding.
The South Korean carmaker holds a 70 percent stake in the plant, and Kibar owns the remaining 30 percent.
Early this month, Hyundai Motor submitted documents to the Turkish authorities to buy most of Kibar's stake in its local factory.
Hyundai produces compact models in Turkey, such as the i10 and i20, which it mostly exported to Europe.
Hyundai will also invest US$208 million in the Turkey plant to meet the growing demand for electrified vehicles.
Beginning in 2030, Hyundai will gradually shift its EV lineup forward in key markets, such as the US, Europe, and China.
Hyundai expects EV sales to rise further due to stringent regulations on carbon dioxide emissions, particularly in Europe.
The company will maintain an internal combustion engine vehicle (ICE) production capacity in emerging markets, such as India and Russia, but will be limited to less than 50 percent.
Hyundai has seven plants in South Korea and 10 overseas, with four in China and one in the US, the Czech Republic, Russia, India, Brazil, and Turkey, with a combined production capacity reaching 5.5 million vehicles.
