SK Innovation fuels LG Chem feud with EV battery patent lawsuit
A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd said it plans to sue bigger rival LG Chem Ltd in the United States over alleged patent infringement related to electric vehicles (EV).
With racing and music events, Tesla gets over marketing allergy in China
Tesla Inc has always shown disdain for marketing, with CEO Elon Musk boasting his company does not advertise, instead using the money it would have spent to develop products.
Tesla hikes prices for Model 3, other cars in China amid weaker yuan
U.S. electric vehicle maker Tesla Inc had raised prices for some vehicles in China as the yuan trades at its weakest levels in more than a decade.
Oil set for biggest weekly gain since July on trade dispute hopes
Oil prices on Friday were set for their biggest weekly gains since early July, boosted by a decline in U.S inventories and a looming hurricane in Florida, while new signs of trade talks between the United States and China emerged.
Tesla raises prices for some vehicles in China
U.S. electric vehicles maker Tesla Inc said on Friday it had raised prices for some vehicles in China, a decision that comes as the Chinese yuan trades at its weakest levels in more than 10 years.
S&P slashes Argentina’s long-term debt three notches on maturity extension plan
Standard & Poors announced on Thursday that it was slashing Argentina’s long-term credit rating another three notches into the deepest area of junk debt, saying the government’s plan to “unilaterally” extend maturities had triggered a brief default.
Asian shares at one-week top on conciliatory trade tone, stimulus hopes
Asian shares jumped to a one-week high on Friday as the United States and China returned to the negotiating table to resolve their tariff dispute and on hopes central banks and governments will do more to avert a global growth slowdown.
SK Innovation intensifies LG Chem feud with EV battery patent lawsuit
A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd said it plans to sue bigger rival LG Chem Ltd in the United States over alleged patent infringement related to electric vehicles (EV).
Oil prices dip but set for solid weekly gains
Oil took a breather on Friday after three days of solid gains, but was set for its strongest week since early July, boosted by a decline in U.S inventories and a looming hurricane in Florida, while new signs of trade talks emerged.
Oil dips after three days of gains
Oil prices eased on Friday after three days of gains, with concerns about the state of the global economy amid the U.S.-China trade war keeping prices in check.
