Nokia halts legal action against Daimler with mediation offer in patent row
Finnish telecoms equipment maker Nokia has suspended legal action against German carmaker Daimler in the hope that mediation will resolve their dispute over technology licensing fees.
‘It’s time:’ Mexico urges Pelosi to act on North American trade deal
Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House of Representatives Speaker Nancy Pelosi to make a decision about the United States-Mexico-Canada Agreement, saying it was time to move forward with the trade deal.
Walmart Chile pulls court requests for police protection, but warns looting continues
Walmart in Chile on Monday pulled requests it filed earlier with Chilean courts demanding police protection for its supermarkets, but said looting of its stores continued and that the situation following weeks of unrest remained “complex.”
U.S. consumer inflation expectations rebound from five-year low: NY Fed
U.S. consumers’ inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a five-year low in a New York Federal Reserve survey, potentially offering relief to policymakers worried about sagging in…
S&P 500, Nasdaq edge higher; tariff deadline in focus
The S&P 500 and Nasdaq indexes edged higher on Monday, with investors keeping a close watch on headlines around U.S.-China trade as planned tariffs on Chinese imports kick in on Dec. 15.
Xerox expects revenue growth of up to $1.5 billion with HP takeover
Xerox Holdings Corp expects its proposed acquisition of personal computer company HP Inc to result in sales growth of as much as $1.5 billion for the combined company, according to a presentation by the printer maker.
Exclusive: Hyundai’s $1.8 billion shipbuilding deal with Daewoo faces full EU probe – sources
World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with rival shipbuilder Daewoo will face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday.
Intel creates chip to control quantum computers
Quantum computers aim to carry out tasks in just a few minutes that would take today’s best conventional computers thousands of years. But in nearly every photograph of the devices, there’s a tangle of wires in the background connected to equipment tha…
Wall Street dips at open on weak Chinese data; tariff deadline looms
U.S. stocks opened slightly lower on Monday, as weak data from China rekindled fears of a slowdown in the world’s second-biggest economy, while investors looked for any positive news on trade talks ahead of a tariff deadline later in the week.
Exclusive: Hyundai’s $1.8 billion deal with Daewoo faces EU probe – sources
World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday.
