Business News
Timeline: Ryanair struggles with widespread strike action
Ryanair has been hit by strikes across Europe as it struggles in negotiations with trade unions, forcing it to cancel flights and hurting some of its bookings.
Articles by admin
Business News
Qualcomm settles anti-trust case with Taiwan regulator for $93 million
Mobile chipmaker Qualcomm Inc will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years.
Trading Ideas
Stock futures fall amid global financial concerns
Financial concerns are rising involving Turkey and Russia. …read more […]
Business News
Qualcomm reaches settlement in anti-trust case with Taiwan regulator
Mobile chipmaker Qualcomm Inc will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years.
Trading Ideas
Ford Motor’s China sales fall 32 percent in July on continued lack of fresh models
Ford Motor Co (F.N) on Friday said its sales in China fell 32 percent in July from a year earlier to 57,662 vehicles, as the U.S. carmaker continued to suffer from a lack of fresh models in the world’s largest auto market. The latest figure followed a 38 percent tumble in June, leading to the automaker’s worst-ever first-half year in China since starting operations in the country in 2001. For January-July, Ford’s China sales dropped 26 percent versus the same period a year earlier to 458,105 vehicles. …read more […]
Business News
Turkish turmoil, ruble woes knock euro, riskier assets
Worries over the plunging Turkish lira and Russian ruble pulled the euro lower on Friday and rippled through riskier assets worldwide, sending stock markets lower and buoying safe haven assets such as U.S. Treasuries.
Business News
Gene-editing startups ignite the next ‘Frankenfood’ fight
In a suburban Minneapolis laboratory, a tiny company that has never turned a profit is poised to beat the world’s biggest agriculture firms to market with the next potential breakthrough in genetic engineering – a crop with “edited” DNA.
Business News
Trade war threatens reign of luxury stocks
An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury goods firms, with some investors already put off by lofty valuations in a sector powered by shoppers in the two countries.
Business News
Asian shares fall on dim trade outlook; dollar near 13-month peak
Asian stock markets fell on Friday despite signs of greater government support for firms in China, with global trade tensions clouding the outlook for demand.
Business News
Doug Field, former Tesla engineering chief, returns to Apple
Doug Field, who stepped down as the senior vice president of engineering at Telsa Inc last month, is returning to Apple Inc , Apple told Reuters on Thursday.
Business News
Samsung eyes young buyers with gaming, music-friendly Galaxy Note 9
Samsung Electronics Co Ltd unveiled the Galaxy Note 9 “phablet” in New York on Thursday in a key product launch that it hopes will attract younger customers with stepped-up features and services for gamers and music-lovers.
Trading Ideas
Qualcomm reaches settlement in anti-trust case with Taiwan regulator
TAIPEI/SAN FRANCISCO (Reuters) – Mobile chipmaker Qualcomm Inc (QCOM.O) will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years. The settlement replaces a fine of roughly $778 million imposed by Taiwan’s Fair Trade Commission in 2017, when it accused the U.S. firm of refusing to sell chips to mobile handset makers that wouldn’t agree to its patent-licensing terms. It was also accused of cutting iPhone maker Apple Inc (AAPL.O) a royalty discount in exchange for the exclusive use of Qualcomm’s modem …read more […]
Business News
Rangers hold advantage but Gerrard preaches caution
Rangers will head into the return leg of their Europa League qualifier against Maribor with a sense of optimism after a 3-1 win over the Slovenians on Thursday but manager Steven Gerrard knows from experience a two-goal lead in Europe is never enough.
Trading Ideas
Qualcomm Wins Taiwan Reprieve as Global Antitrust Battle Rages
Qualcomm Inc., the smartphone chipmaker fighting regulatory actions and lawsuits threatening its most profitable business, has reached a settlement with Taiwan’s antitrust regulators that reverses most of a $773 million fine. As part of an agreement announced Friday by the Fair Trade Commission, the company will invest $700 million over the next five years and boost research activities in Taiwan, home to a clutch of important suppliers to global names such as Apple Inc. In return, Qualcomm can stop paying fines and retains the right to charge manufacturers royalties on its technology. The commission said Friday it will …read more […]
Business News
China paper rebuts trade war criticism, says ‘an elephant can’t hide’
China’s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that, like an elephant, China cannot hide its size and strength.