Bloomberg Huawei Technologies Co has secured an extension to a patent licensing deal with Nokia Oyj, suggesting the Chinese company continues to lead in networking technology despite years of punishing US sanctions. The announcement indicates appetite for access to Huawei’s next-generation telecom patents remains strong, despite US accusations the Chinese giant poses a threat to national security. Huawei is …

Bloomberg Stellantis plans to buy a stake in hydrogen company owned by tire-maker Michelin and car-parts supplier Faurecia SE as the automaker tries to bolster its low-emissions offerings. The maker of Fiat and Jeep vehicles will take a “substantial” stake in the Symbio business, with closing of the transaction expected for the first half of 2023, Stellantis said. “This move …

  Bloomberg Oil rises, heading for second weekly gain, as Russia said it may cut crude production in response to the price cap imposed by the Group of Seven on its exports, highlighting risks to global supplies in the New Year. West Texas Intermediate climbed to $79 a barrel, putting it on course for a gain of about 6% for …