UnitedHealth fourth-quarter profit beats on Optum strength
UnitedHealth Group Inc beat Wall Street estimates for fourth-quarter profit on Tuesday, mainly driven by growth in its services business, including its pharmacy benefits unit.
Huawei founder says firm does not spy for China
Huawei’s [HWT.UL] founder Ren Zhengfei on Tuesday rejected claims his company is used by the Chinese government to spy and said he missed his daughter, who is being held by Canadian authorities, the Financial Times newspaper reported.
Nissan plans to file for damages against Ghosn in future: source
Nissan plans to file a civil suit against ousted chairman Carlos Ghosn to claim for damages resulting from alleged misuse of company funds, a person with knowledge of the issue said, which would add to the high profile executive’s legal headaches.
Facebook to invest $300 million to help local news survive
Facebook Inc will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide.
First U.S. crude cargoes head to China since trade breakthrough: sources
Three cargoes of U.S. crude are heading to China from the U.S. Gulf Coast, trade sources said on Monday, the first departures since late September and a 90-day pause in the two countries’ trade war that began last month.
German court throws out Qualcomm’s latest patent case against Apple
A patent lawsuit filed by Qualcomm Inc against Apple Inc was thrown out by a German court on Tuesday, in a reversal for the U.S. chipmaker after it won a recent court ban on the sale of some iPhones in the country.
Oil prices rise on supply cuts, but global slowdown looms
Oil prices rose on Tuesday amid supply cuts by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand.
UK gambling stocks drop after U.S. DOJ reverses opinion on internet betting
Shares of British betting companies, which have been pushing into the United States market because of tighter regulations at home, fell after the U.S. Department of Justice called for wider restrictions on all gambling on the internet.
Tokyo court denies Nissan Ghosn’s latest bail request
The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn’s request for release on bail after his indictment last week on two new charges, making it likely the once-feted executive remains jailed for months.
Oil prices rise 1 percent amid supply cuts, but economic slowdown dims demand outlook
Oil prices rose by around 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand.
