U.S. appeals court revives Apple bid for Samsung injunction
WASHINGTON (Reuters) – A U.S. appeals court on Monday breathed new life into Apple’s long-running attempt to secure an injunction banning the sale of some devices made by Samsung Electronics Co Ltd, ordering a California judge to reconsider imposing a …
Fed’s message of no rate hike until 2015 is sinking in: study
SAN FRANCISCO (Reuters) – The Federal Reserve has effectively communicated its commitment to ultra-easy policy, so that economists and traders correctly understand that interest rates will likely stay near zero until “sometime in 2015,” according to a …
Senate hearing on Wall St’s physical commodities trading postponed
(Reuters) – A U.S. Senate Banking Committee hearing on Wall Street’s role in physical commodities trading, which been scheduled for Wednesday, has been postponed, an aide to the committee said on Monday.
Goldman to resume talks on sale of metals warehouse unit: source
NEW YORK/LONDON (Reuters) – Goldman Sachs plans to resume talks with parties interested in buying its metals warehousing business now that new exchange rules have been released, a source familiar with the matter said on Monday.
Federal judge orders MF Global to pay $1 billion to customers
WASHINGTON (Reuters) – A federal judge in New York has ordered MF Global Inc to return more than $1 billion to harmed customers and pay an additional $100 million penalty as part of a civil settlement with U.S. derivatives regulators.
Audi’s advance risks stalling without new technology drive
BERLIN (Reuters) – German luxury carmaker Audi has boasted Vorsprung durch Technik – advancement through technology – as its slogan since the 1970s. But signs are growing it is losing sight of its own advice.
Analysis: In China’s smartphone boom, market share trumps margins
(Reuters) – Savvy U.S. chipmakers are hitching their wagons to Chinese smartphone makers, willing to sacrifice profit margins to boost sales volumes in the world’s second-largest mobile phone market.
China reform plans lift shares, Dow, S&P 500 at new highs
NEW YORK (Reuters) – Global equity markets climbed on Monday, riding economic reform plans in China, while the dollar slipped and benchmark U.S. stock indices rose to record highs, buoyed by the prospect of continued Federal Reserve stimulus.
U.S. home builder sentiment stabilizes in November: NAHB
NEW YORK (Reuters) – U.S. homebuilder confidence stabilized in November after falling for two straight months, though steady home demand was tempered by worries about further fiscal battles in Washington, the National Association of Home Builders said …
BMW launches fuel-efficient, ‘still cheeky’, new Mini
OXFORD (Reuters) – BMW unveiled a more fuel efficient, third-generation version of its iconic Mini on Monday, as the world’s biggest luxury carmaker looks to retain its leadership in the lucrative high-end compact car market.
