Apple, Samsung CEOs agree to mediation in U.S. patent fight
SAN FRANCISCO (Reuters) – Apple Inc and Samsung Electronics have agreed to attend a mediation session to be held on or before February 19, as they prepare to clash in court in March over smartphone patents.
Insight: Credit Suisse sticks with money-losing U.S. brokerage
NEW YORK (Reuters) – Credit Suisse Group AG is betting it can turn around its unprofitable U.S. private wealth business with new loan products and a focus on the ultra-rich, a strategy greeted with skepticism by some securities analysts and former offi…
Global food prices steady in December: FAO
ROME (Reuters) – Global food prices were almost unchanged in December after staying flat the month before, but prices on average declined 1.6 percent in 2013 versus the previous year, the United Nations food agency said on Thursday.
Exclusive: Singapore Airlines-Tata Indian jv orders Airbus A320s – sources
SINGAPORE (Reuters) – Singapore Airlines has chosen Airbus’s A320 to launch its new Indian joint venture with Tata Sons , scoring a victory over rival Boeing as the airline market in Asia’s third biggest economy shows signs of a revival.
China 2013 vehicle sales up 13.9 pct -industry group
BEIJING (Reuters) – Vehicle sales in China rose 13.9 percent last year from a year earlier, beating expectations and capped off by a 17.9 percent surge in December, the China Association of Automobile Manufacturers (CAAM) said on Thursday.
IBM to invest $1 billion to create new business unit for Watson
(Reuters) – IBM said it will invest more than $1 billion to establish a new business unit for Watson, as the tech giant hopes to get more revenue from the supercomputer system that beat humans on the television quiz show “Jeopardy”.
China inflation hits 7-month low, eases tightening fears
BEIJING (Reuters) – China’s annual consumer inflation slowed more sharply than expected to a seven-month low of 2.5 percent in December, easing market fears of monetary policy tightening although the central bank is tapping the brakes on bank liquidity…
Danone to sue New Zealand’s Fonterra over baby formula recall
WELLINGTON/PARIS (Reuters) – French food group Danone said it would sue wholesale dairy exporter Fonterra and stop buying products from the New Zealand firm following a contamination scare that sparked the recall of infant milk formula across Asia.
Qualcomm CEO says still in the dark on China antitrust probe
LAS VEGAS (Reuters) – Qualcomm’s CEO Paul Jacobs said on Wednesday that the U.S. mobile chipmaker still has not been notified about why it has come under antitrust scrutiny in China since late last year.
Boeing machinists allege unfair labor practices, seek revote
NEW YORK/SEATTLE (Reuters) – Angry Boeing machinists have filed eight unfair labor practice charges with the National Labor Relations Board alleging their union’s top leaders manipulated a recent contract vote, and demanding that ballots be recast.
