
UK to impose rules limiting power of Google, Facebook
Nov 29, 2020 23:26 pm UTC| Business
The UK will impose new rules next year aimed at limiting the power of Google and Facebook by giving users more control over their data, helping small businesses thrive against them, and ensuring they dont force news...

Siemens' hydrogen-powered trains to replace diesel units in Germany
Nov 29, 2020 19:31 pm UTC| Business
Siemens and Germanys rail operator Deutsche Bahn will test a two-car hydrogen-powered train with a 370 mile-range and CO2 emissions reduction technology. The tests will commence in 2024 and run for one year. It will...

Fine on France's GTT to aid South Korean dockyards in building LNG carriers, save on licensing costs
Nov 29, 2020 18:07 pm UTC| Business
South Koreas Fair Trade Commission (FTC)s 12.52 billion won fine on Gaztransport Technigaz (GTT) S.A. is expected to help Korean shipyards build LNG carriers faster and save up to 10 billion won per vessel on licensing...

Samsung posts 32.6% global smartphone profit share in Q3, narrows gap with Apple
Nov 29, 2020 16:17 pm UTC| Business
Samsung Electronics Co. accounted for a 32.6 percent share of profits worldwide generated from the smartphone segment in the third quarter, up from an 18.8 percent share a year earlier, narrowed the gap with Apple...

Sulbing ordered to return 956 million won licensing fee to Chinese firm
Nov 29, 2020 15:48 pm UTC| Business
South Koreas Supreme Court upheld a lower courts ruling that ordered Sulbing, one of the countrys biggest dessert cafe chains, to return the licensing fee of 956 million won paid by a Chinese company. Sulbing signed a...

Hanwha Systems awarded $40 million space radar deal
Nov 29, 2020 15:36 pm UTC| Business
Hanwha Systems has awarded a 45 billion won deal by the Defense Industry Technology Centers research and development project to develop a next-generation space radar that can detect and track space objects with...

Report of Tesla deal lifts Doosan Solus stocks
Nov 28, 2020 23:40 pm UTC| Business
Doosan Solus stocks rose 6.7 percent from a day before to 49,400 won on Friday, following a news report that it is in talks with Tesla to supply copper foil for Tesla electric vehicles in Europe. Doosan Groups material...