CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
South Korean firm Posco Energy sued US-based FuelCell Energy for 922 billion-won in damages due to the latter's unilateral cancellation of their license contract in the fuel cell business.
Posco Energy, a wholly-owned energy unit of South Korean steelmaker Posco, filed the suit with the International Court of Arbitration of the International Chamber of Commerce in London and Singapore.
Three months earlier, FuelCell Energy had filed a complaint Posco Energy and its wholly-owned fuel cell business unit Korea Fuel Cell with the ICC in London and Singapore for 229 billion won due to a violation of their business contract.
Posco Energy's license deal with FuelCell Energy, which was signed in 2007, gave it exclusive rights to sell the US firm's fuel cell products in Asia until 2023.
FuelCell Energy is also required to consult with Posco Energy if it intends to independently do business in South Korea and other Asian markets.
The US firm now seeks to enter the South Korean market, where there is an increasing demand for fuel cells due to the government's push for hydrogen fuel cell vehicles and hydrogen-based energy consumption.
Posco Energy has invested $84 million in FuelCell Energy.
