Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions 
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
SK Innovation Co Ltd vowed not to accept any proposal by rival LG Energy Solution to resolve their legal dispute if it would result in crippling its business in the US.
LG reportedly proposed settlement terms to SK, including financial reparations.
The South Korean battery makers are in a feud over claims SK misappropriated LG's electric vehicle battery trade secrets.
Last month, the US International Trade Commission (ITC) prohibited SK’s lithium-ion batteries to be imported into the US for 10 years. A settlement between the two firms would invalidate that ruling.
According to SK, it would “closely review" LG's terms of demand, but those will not be accepted if it would lead to discontinuing or reducing the competitiveness of their battery business in the US.
The ITC ruling can be overturned by US President Joe Biden.
SK, which supplies EV batteries to Ford, Volkswagen, and Hyundai, warned it would be halt construction of a $2.6 billion battery plant in Georgia if Biden overturns the decision.
SK, which has an annual capacity of about 40 gigawatt-hours of batteries, plans to ramp up capacity to about 125 gigawatt-hours of batteries in 2025.
