News Highlights: Top Company News of the Day - Friday at 5 AM ET

Dow Jones2024-12-27
 
Chinese EV Battery Maker CATL Seeks Hong Kong Listing 
 

The world's largest electric-vehicle battery maker is the latest Chinese company seeking to tap Hong Kong's fundraising market.

 
Taiwan Blocks Uber's $950 Million Takeover of Local Foodpanda Business 
 

Taiwan has blocked Uber Technologies' planned takeover on anticompetition concerns, thwarting the U.S. company's efforts to expand in Asia.

 
Court Orders Recall of Signify Products for Infringing Seoul Semiconductor Patents 
 

A German court has ruled that certain products made by Signify must be recalled and destroyed for allegedly infringing on patents of South Korean light-emitting-diode maker Seoul Semiconductor.

 
Netflix Christmas Games Set New NFL Streaming Record 
 

The streaming service's first live football games drew large audiences and avoided major technical glitches.

 
UnitedHealth and CVS Received Millions in Opioid Rebates Through Medicare 
 

As the U.S. opioid crisis deepened, Medicare plans administered by UnitedHealth and CVS Health were a top source of OxyContin sales, a Barron's investigation found.

 
Suntory Prepares for Tariff Wars Ahead of Trump's Return 
 

The Japanese maker of Jim Beam bourbon whiskey is preparing for rising risk of global trade wars by stockpiling in Europe.

 
Microsoft Is Forcing Its AI Assistant on People-and Making Them Pay 
 

The tech company has made Copilot part of its 365 subscription service in several markets and raised prices.

 
E-mart, Alibaba Plan Online-Shopping Joint Venture 
 

Alibaba and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50-50 joint venture.

 
Some Japan Airlines Flights Canceled, Delayed After Cyberattack 
 

The company said it identified the cause of the failure and that its systems had been recovered.

 
Sekisui Chemical to Mass-Produce Solar Films in $2 Billion Project 
 

The Japanese chemical company announced Thursday that it will establish a subsidiary in January to produce perovskite solar cells, which are light and flexible.

 
 

(END) Dow Jones Newswires

December 27, 2024 05:00 ET (10:00 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment