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Lee Han Sun, head of LG Energy Solution intellectual property center, speaks during an interview with Reuters at the company headquarters in Seoul, South Korea, April 23, 2024.

LG Energy Solution to license out battery patents to block tech infringement, exec says

Heekyong Yang |Updated 12 minutes ago |2 min read

By Heekyong Yang SEOUL (Reuters) - LG Energy Solution said on Wednesday it would launch a new business model of licensing out its battery technologies next month, as infringements of the South Korean company's patents surge with competition to ...

A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, March 31, 2016.

Tesla prices Model 3 performance version at $46,364 in China, to deliver from Q3

Reuters |Updated 22 minutes ago |1 min read

BEIJING (Reuters) - Tesla Inc has priced its latest Model 3 performance version vehicle at 335,900 yuan ($46,364.29) in China. The automaker will start delivery of the vehicle from the third quarter this year, according to a notice. ($1 = 7.2448 ...

A humanoid robot developed by Tesla, known as Tesla Bot or Optimus. Tesla/Handout

Tesla could start selling Optimus robots by the end of next year, Musk says

Akash Sriram |Updated 41 minutes ago |2 min read

By Akash Sriram (Reuters) - Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday. Several companies have been betting on humanoid robots to meet ...

Pedestrians are reflected on a curved mirror next to Japan’s national flag in a shopping district in Tokyo, Japan March 19, 2024.

Japan's corporate service inflation perks up in March

Reuters |Updated 42 minutes ago |1 min read

TOKYO (Reuters) - Japan's annual business-to-business service inflation accelerated for the second month to hit 2.3% in March, data showed on Wednesday, suggesting firms continued to pass on rising labour costs thanks to prospects for sustained ...

Commuters walk during the morning rush hour near the Bank of England in the City of London financial district in London, Britain, February 8, 2024.

UK pay settlements edge lower in first quarter, industry survey shows

Reuters |Updated 1 hour ago |2 min read

LONDON (Reuters) - British employers reached slightly lower pay settlements with staff in the three months to the end of March, although early figures for April suggest they picked up again, an industry survey showed on Wednesday. Median basic ...

X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023.

Musk's X Corp appeals dismissal of lawsuit against anti-hate group

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Elon Musk's X appealed the dismissal of its lawsuit against the nonprofit Center for Countering Digital Hate, which faulted him for letting hate speech spread on the social media platform once known as Twitter. X filed a notice of ...

A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021.

Lynas Rare Earths' revenue slumps, misses expectations

Reuters |Updated 2 minutes ago |2 min read

MELBOURNE (Reuters) -Australian miner Lynas posted a slump in third-quarter sales revenue on Wednesday, missing analyst expectations on the back of a plunge in prices for rare earths, while it flagged higher costs at a project in Western Australia.

A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024.

First Quantum Minerals cuts debt by over $1 billion in first quarter

Reuters |Updated 2 hours ago |1 min read

(Reuters) - Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter. The company in February had announced a series of capital restructuring measures that would strengthen its balance ...

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US is reviewing risks of China's use of RISC-V chip technology

Stephen Nellis |Updated 2 hours ago |2 min read

By Stephen Nellis (Reuters) - The U.S. Department of Commerce is reviewing the national security implications of China's work in open-source RISC-V chip technology, according to a letter sent to U.S. lawmakers. RISC-V, pronounced "risk five," ...

The offices where the London Metal Exchange is headquartered are seen in the City of London, Britain, January 18, 2018

LME moves to stop gaming of Russian aluminium sanctions-based rule

Reuters |Updated 3 hours ago |2 min read

LONDON (Reuters) - The London Metal Exchange (LME) moved on Tuesday to stop traders from taking Russian aluminium from its approved warehouses and returning it at a later date to profit from rule changes to comply with new sanctions. The U.S. and ...

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