
Microsoft eyeing TikTok's US operations
Aug 03, 2020 23:42 pm UTC| Business
Microsofts formal declaration of its interest to acquire for TikToks US operations provoked an outcry on Chinese social media and criticism from a prominent Chinese investor in ByteDance, which owned TikTok. President...

LG Chem takes 24.6% share to become world's No. 1 EV battery supplier
Aug 03, 2020 22:04 pm UTC| Business
LG Chem Ltd. became the worlds largest supplier of electric vehicle (EV) batteries in the first half by taking a 24.6 percent market share, up from last years 10.4 percent. Date by SNE Research also revealed that 10.5...

LG boosts smartphone market share in N. America to 13.9%
Aug 03, 2020 20:39 pm UTC| Business
LG Electronics Inc. grabbed a 13.9 percent share of the North American smartphone market in the second quarter, up 1.3 percentage points from the first quarter and 0.3 from last year. A company official noted that...

Hyundai Mipo wins deals for 3 vessels, brings Korea Shipbuilding's total to 7 in 5 days
Aug 03, 2020 19:27 pm UTC| Business
Hyundai Mipo Dockyard Co. bagged deals to build two 50,000-ton petrochemicals carriers (PCs) for an Asian company for an estimated 405 trillion won each and a 1,000-seat ferry ship for 108 billion won. Hyundai Mipo did...

US to pay Sanofi, GSK $2.1-B for 100 million doses of COVID-19 vaccine
Aug 02, 2020 00:13 am UTC| Business
The US government will pay $2.1 billion to Sanofi SA and GlaxoSmithKline Plc for 100 million doses of COVID-19 vaccines covering 50 million people and underwrite the drug makers testing and manufacturing. Each of the 50...

S. Korean-built nuclear reactor in UAE begins operations
Aug 01, 2020 23:26 pm UTC| Business
Operations have started at the first unit of the South Korean-built Barakah nuclear power plant in the United Arab Emirates (UAE). Dubais ruler Sheikh Mohammed bin Rashid al-Maktoum announced via Twitter that nuclear...

S. Korea bans Australian poultry and eggs due to avian influenza outbreak
Aug 01, 2020 18:39 pm UTC| Business
South Koreas agriculture ministry has banned poultry and egg imports from Australia due to an outbreak of H7N7 avian influenza at a free-range egg farm in the state of Victoria. The ministry warned locals from visiting...
Tariff Tremors: Trump’s Greenland Fight Rattles Global Markets