China November factory activity unexpectedly returns to growth
Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth.
Apple ‘taking a deeper look’ at map policies after calling Crimea part of Russia
Apple Inc is “taking a deeper look at how we handle disputed borders” after it referred to the Russian-annexed Crimean Peninsula as part of Russia in its Maps and Weather apps for Russian users, a company spokeswoman told Reuters on Friday.
Buffett’s Berkshire outbid for Tech Data: CNBC
Billionaire investor Warren Buffett was thwarted in trying to spend some of the $128.2 billion of cash at his Berkshire Hathaway Inc, after a private equity firm outbid him to buy technology equipment distributor Tech Data Corp for $5.14 billion, CNBC …
Connected car prices may rise if Qualcomm wins antitrust case: auto makers
The cost of cars equipped with ultra-fast 5G wireless technology is likely to go up if microchip supplier Qualcomm Inc’s patent licensing practices fail to change, a trade group representing major automakers and two leading automotive suppliers said …
Nokia says working to end patent licensing row with Daimler, others
Nokia said on Friday it was working to end a row with Germany’s Daimler and other firms which have complained to the EU antitrust regulators about the level of fees charged for technology patents from the Finnish company.
Oil slumps but sets monthly gain ahead of OPEC meeting
Oil prices fell on Friday, with U.S. crude dropping more than 4%, on fresh trade tensions and record high U.S. crude production, but they still ended the month higher as OPEC watchers expect an extension next week to a pact to throttle oil output beyon…
Stocks dip as trade worries halt record rally, dollar falls
Oil prices slumped and a gauge of global equity markets on Friday edged away from an all-time high it nearly breached earlier in the week as doubts simmered over the outlook for signing an initial deal to ease U.S.-China trade tensions.
Musk’s defamation trial over ‘pedo guy’ tweet is narrowed
The British cave explorer who sued Tesla Inc’s Elon Musk for branding him “pedo guy” in a tweet has narrowed his defamation case against the electric car maker’s chief executive, and is no longer seeking damages for an emailed suggestion he might be a…
That frenzied Black Friday crush? Not this year
The frenzy associated with Black Friday shopping was missing this year as U.S. retailers offered earlier discounts and more consumers shopped online, though spot checks around the country showed traffic picked up after a sluggish morning.
Wall Street slips as U.S.-China tensions weigh, investors watch retail
Wall Street’s major indexes ended Friday’s shorter session lower as U.S.-China discord over Hong Kong fueled investor anxiety about trade talks and retail stocks dipped as in-store Black Friday sales appeared to draw smaller crowds.
