Apple Wins Watch Ban Pause In US Patent Feud
A federal court handed Apple a victory on Wednesday by suspending a ban on the US sale of its latest watch models in a feud over patents with health company Masimo.
Apple To Appeal US Watch Ban
Apple said on Tuesday it will appeal a US ban on its latest smartwatch models after the Biden administration opted to not veto a ruling on patent infringements.
Ratcliffe Pleads For Patience After Agreeing Man Utd Deal
Jim Ratcliffe has directly contacted Manchester United fans to plead for patience after agreeing to take a stake in the struggling English football giants.
Russia Says Redirected Most Oil Exports To China, India
After President Vladimir Putin sent troops to Ukraine in February 2022, Western countries hit Russia with a slew of sanctions including a European Union embargo on its seaborne oil deliveries.
More news
Argentina's Milei Orders Major Deregulation Of Economy
Argentina's new leader Javier Milei unveiled Wednesday a series of measures to deregulate the country's struggling economy, eliminating or changing more than 300 rules via presidential decree, including on rent and labor practices.
Warner Brothers Discovery Explores Merger: Report
Warner Brothers Discovery shares slid more than 5 percent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global.
Toyota Shares Sink After Daihatsu Suspension, US Recall
Daihatsu said Wednesday it would suspend domestic and overseas shipments of all its vehicles in light of an independent panel's report that found it had been manipulating tests as long ago as 1989
US Bans Pharmacy Rite Aid From Facial Recognition Use
Pharmacy group Rite Aid was ordered Tuesday to stop using facial recognition for the next five years by a US regulator, which said the company falsely identified consumers as shoplifters using the technology.
Toyota Subsidiary To Halt All Shipments Over Rigged Safety Tests
Toyota subsidiary Daihatsu said Wednesday it will suspend shipments of all car models in Japan and abroad, following news it had rigged safety tests.
US Jury Orders Monsanto To Pay $857m Over Chemicals In School
A US jury on Monday ordered chemical company Monsanto to pay $857 million to seven people at a school in the western state of Washington who said they were sickened by chemicals leaking from light fittings.
Panama Says Its Canal Produced Record Revenue Despite Drought
About six percent of global maritime trade passes through the canal each year, and the Panama Canal Authority earns money from tolls and services rendered to ships.
Google To Pay $700 Mn To US Consumers, States In Antitrust Settlement
Google parent Alphabet has agreed to pay $700 million as part of an antitrust settlement made public on Monday, with the funds going to US customers of its Android app store and state governments.
Vietnam Property Developer Faces Trial Over $12.5 Bn Bond Fraud
The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank "for personal purposes", the official government website said.
Rate Pauses In View On Busy Central Banking Day In Europe
On a bumper day for central banks in Europe, policymakers were holding their final meetings of 2023 -- a year marked by steep interest rate hikes to tame runaway consumer prices.
Pfizer Expects To Complete Purchase Of Seagen On Thursday
The big US drugmaker announced the transaction on March 13, pointing to Seagen's prominence in innovative cancer treatment.
Big Tech Stumbles In Google's Epic Defeat
Google' stinging defeat against Fortnite-maker Epic Games in a California courtroom could be an important blow against big tech's decades of supremacy on antitrust matters in the United States.
US Fed Pause Expected Amid Flurry Of Rate Decisions
With a pause deemed extremely likely, attention is on the language of the Fed's decision, along with its accompanying economic forecasts, and the post-meeting press conference by Fed Chair Jerome Powell.
Fortnite's Epic Games Wins US Court Fight With Google
Epic sued Google and Apple in 2020, accusing the tech titans of abusing control of their respective shops selling apps and other digital content on mobile devices.
US Fed Expected To Pause Again As Inflation Edges Closer To Target
The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.
TikTok Announces $1.5 Bn Deal To Restart Indonesia Online Shop
Indonesia in September banned sales on social media to protect small businesses that were losing out to e-commerce giants, forcing TikTok to close its online shopping business in October.
Stock Markets Mostly Rise Before US Jobs
Stock markets mostly gained and the dollar firmed Friday before the release of key US jobs data, but Tokyo was knocked by the yen's recent rally.
Eskom To Appoint Dan Marokane As New CEO: Report
The search for the new Eskom CEO started last year when former CEO Andre de Ruyter resigned abruptly from his post in February 2022 and alleged that members of the energy company were involved in corruption.
McDonald's Eyes Big Expansion, Plans CosMc's Small-chain Pilot
McDonald's announced an aggressive expansion roadmap Wednesday to reach 50,000 restaurants worldwide by 2027, as the chain unveiled plans to roll out CosMc's, a new network of small-format shops focused on cold beverages.
Bitcoin Rally Shines Spotlight On Investor Risks
A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility.
Stock Markets Advance On Rate-cut Hopes
Global equities rose Wednesday with Frankfurt striking a record peak, as investors tracked resurgent hopes of interest rate cuts from the European Central Bank and the US Federal Reserve.
Banque Pictet To Pay Nearly $123 Mn Over Secret Bank Accounts
Banque Pictet et Cie will pay nearly $123 million under a deferred prosecution agreement in which the private bank admitted to helping US taxpayers evade $50.6 million in taxes, US officials announced Monday.
Divided US High Court Hears Challenge To $6bn Purdue Opioid Settlement
The US Supreme Court appeared divided on Monday as it heard a challenge to Purdue Pharma's $6 billion opioids settlement immunizing the Sackler family that controlled the drugmaker from future litigation.
Stock Markets Diverge As Traders Temper Rate-cut Bets
Major stock markets diverged Tuesday, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far.
Moody's Downgrades Outlook On China Credit Rating Over Debt Fears
Ratings agency Moody's on Tuesday downgraded the outlook on China's credit rating to "negative" from "stable" on the back of rising debt in the world's second-largest economy.
China's Evergrande Liquidation Case Adjourned Until January: HK Court
Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.
Bitcoin Soars Past $40,000 On Optimism For US Trading Approval
Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will soon allow broader trading of the world's biggest cryptocurrency.
Eurozone Inflation Falls To More Than Two-year Low
Inflation in the eurozone fell to its lowest level in more than two years in November, official data showed Thursday, raising hopes the European Central Bank could soon cut interest rates.
Intense Talks As OPEC+ Meets To Decide Over Output Amid Tumbling Prices
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices.
Uber To Partner With London's Black Cabs Despite Disputes
Uber is to roll out its service to London black cabs next year, it announced Wednesday, despite long-running friction between drivers of the traditional taxis and the US-based firm.
Pages
- MOST READ IN Business
- 1
- 2
- 3
- 4
- 5
