Urgent.News

What's breaking now, across thousands of outlets.

Monday, 2 November 2026 Reading Room

More in Business

MOTIE Faces KHNP-Daewoo E&C Mediation Call

As negotiations between the primary contractor Korea Hydro & Nuclear Power (KHNP) and the builder Daewoo E&C consortium over the new Czech nuclear power plant construction project have broken down…

  • MOTIE to mediate KHNP-Daewoo E&C nuclear plant negotiations
  • Negotiations terminated Nov 2 over cost, risk-sharing disputes
  • MOTIE aims to maintain 'On Time, On Budget' competitiveness

·businesskorea.co.kr

Automakers Enter China-Triggered Speed Race

Artificial intelligence (AI) drastically reduces the development time for new vehicles. China has publicly declared that it will shorten new vehicle development, which used to take 4 to 5 years, to…

  • Automakers aim to cut vehicle development from 4 to 2 years.
  • Chinese automakers lead with efficient supply chains and quick launches.
  • Volkswagen and XPeng completed ID. UNYX 09 SUV in 24 months.

·businesskorea.co.kr

Broadcom Loses Supreme Court Appeal with Pressure on Samsung

U.S. semiconductor company Broadcom has finally lost a lawsuit filed to cancel the penalty surcharge imposed by the Fair Trade Commission for forcing a long-term agreement on Samsung…

  • Broadcom semiconductor company loses Supreme Court appeal.
  • Fair Trade Commission imposed $14M surcharge on Samsung.
  • Case revolved around Broadcom's demand for Samsung contract.

·businesskorea.co.kr

More from Monday 2 November →