Apple awarded $290 mln in Samsung patent case
A US federal jury Thursday ordered Samsung to pay $290 million in damages to Apple in a partial retrial of a blockbuster patent case involving the two smartphone giants.
22 November 2013
BHP sees China driving resources demand for 15 years
Anglo-Australian mining giant BHP Billiton on Thursday said China's economic growth was resilient enough to drive strong demand for commodities for the next 15 years.
21 November 2013
US opens Tesla safety review, company orders changes
A US government agency said Tuesday it was investigating fires in Tesla electric vehicles, as the company ordered modifications aimed at reducing what it called a negligible risk.
20 November 2013
Taiwan firm sues Samsung for patent infringement
A Taiwanese electronics company said Wednesday it has filed a lawsuit against South Korean tech giant Samsung for allegedly infringing on its optics technology patents.
20 November 2013
Drugs scandal rocks Britain's troubled 'ethical' bank
Britain's Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs.
Forbes magazine publisher seeks buyer
Forbes Media, the family-owned group known for its business magazine which chronicles great wealth, said Friday it is up for sale.
Chevron ordered to pay Ecuador $9.51 bn on appeal: court
An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.
13 November 2013
China to allow more private investment in state firms: report
China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.
Major Sudan airline grounded, blames US sanctions
A major Sudanese airline serving South Sudan and the Middle East suspended operations Sunday, blaming American sanctions, as a document confirmed German carrier Lufthansa will also end flights to Sudan.
No time left for KEGOC to run the IPO in 2013
“It’s the privilege of the Government to decide on timing of the IPO (…) If there’s a decision, we will be able to float the Company’s shares within half a year”: the Company’s Chairman of the Board.
BMW says 'on course' after good Q3
German luxury car maker BMW said Tuesday it is confident of meeting its full-year forecasts after business developed favourably in the third quarter.