Annual inflation in UK in April speeds down to 2.4%
In April this year consumer prices in Great Britain edged up by 0…
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not. That’s what trade authorities informed the previous week.
On Friday, the US International Trade Commission listed up to 25 companies in the probe, such as Toyota Motor Corporation, BMW, Honda Motor Co Ltd as well as Japanese parts suppliers Denso Corporation and Aisin Seiki Co Ltd.
The patent holding company Intellectual Ventures II turned to be the initiator of the probe. In March that company filed a complaint alleging that thermoplastic parts employed in water pumps, engines, electronic power steering units as well as other powertrain parts made by or utilized in vehicles sold by the companies infringe on its patents.
Utilized in parts, coming in contact with high-temperature car components, thermoplastics happened to be more durable and lightweight compared with other materials utilized in vehicle powertrains, thus helping to increase the overall efficiency and also enhance fuel economy.
Similar
Forex today: risk-off sentiment is shaking markets
The US dollar managed to recover after a slight fall. The US dollar index is near $93.80.
Forex today: the greenback is losing ground
It seems like the rally of the greenback has ended. On Monday, the US dollar index was below $93.50. Tuesday’s attempts to recover are not successful. The index is below $93.40. No important economic data will be released today.
Popular
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
Gold edges down toward 3-week minimum after Congress hits spending deal
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
Crude edges down in Asia on Caixin PMI
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
Deposit with your local payment systems
