Apple to drop patent claims against Samsung phone
Apple has agreed to drop its patent claims against Samsung's Galaxy S III Mini after the South Korean rival said it would not sell the gadget in the United States.
30 December 2012
Kazakhstan prolongs oil products export ban into 2013
To prevent critical deficit and prices growth at the domestic market of oil products, Kazakhstan government decided to introduce a 6-month ban on export of oil products.
India set to clear IKEA retail plan: minister
India is on track to approve a bid by Swedish furniture giant IKEA to open its trademark blue-and-yellow stores in the country as it seeks big new markets for its flat-pack products.
28 December 2012
New Japanese finance chief hits out at BoJ: reports
Japan's new finance chief hit out at the country's under-pressure central bank, reports said Thursday, saying it was "slow" in tackling deflation that has plagued the economy for years.
28 December 2012
S. Korea cuts growth outlook for 2012, 2013
The South Korean government on Thursday slashed the nation's growth outlook for 2012 and 2013, citing the eurozone debt crisis and US fiscal woes that continue to dampen global demand.
Samsung hits back at Ericsson in patent battle
South Korea's Samsung Electronics said Wednesday it had filed a complaint to seek a US import ban on some Ericsson products in an escalating patent battle with the Swedish mobile giant.
27 December 2012
Obama breaks off vacation to deal with fiscal cliff
President Barack Obama was to cut his holiday short and head back to Washington on Wednesday to try to address the "fiscal cliff," a set of tax hikes and spending cuts to take effect next year.
27 December 2012
S. Korea's KT bids for Vivendi stake in Maroc
South Korean mobile operator KT said Wednesday it has submitted a preliminary bid for French group Vivendi's stake in Moroccan carrier Maroc in a deal estimated to be worth more than $7 billion.
27 December 2012
China and emerging powers to pay more for UN
China, Brazil, India and other emerging powers agreed to major increases in their United Nations payments as the global body hammered out a new budget deal this week to avoid its own fiscal cliff.
US gun sales soar as owners fear new regulations
US firearm sales have sky-rocketed since the Newtown school massacre, as debate over gun control rages and enthusiasts fear certain assault weapons and high-capacity magazines could be banned.
Instagram sued over contract changes
A lawsuit is seeking to stop Instagram from changing its terms of service, saying the Facebook-owned smartphone photo-sharing service is breaching its contract with users.