Microsoft, Motorola set for second round of trial over patents
SEATTLE (Reuters) – Microsoft Corp takes on Google’s Motorola Mobility unit this week in the second of two landmark trials between the companies that delve into hot disputes over the patents behind smartphone and Internet technology.
Australia’s mining boom rolls on for Chinese entrepreneur in the outback
SYDNEY (Reuters) – Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over. For him its just moved north.
Argentina says to continue paying debts on same terms:Telam
BUENOS AIRES (Reuters) – Argentina will continue paying bondholders on the same terms, its economy minister told state news agency Telam on Saturday, after losing an appeal in its legal battle with creditors who rejected past restructurings of the coun…
Central bankers debate risks from withdrawing global liquidity
JACKSON HOLE, Wyoming (Reuters) – Global financial stability is at risk as central banks draw back from ultra-easy policies that have flooded the world with cash, because emerging markets lack defenses to prevent potentially huge capital outflows, top …
Fed’s Lockhart: ‘comfortable’ with cautious September taper
JACKSON HOLE, Wyoming (Reuters) – The Federal Reserve could announce a cautious first step in tapering bond purchases at its meeting next month, provided there were no “really worrisome” signs the economy was faltering, a top U.S. central banker said o…
Amgen close to buying Onyx for $125 per share: sources
(Reuters) – Amgen Inc is close to buying Onyx Pharmaceuticals Inc for $125 per share, or more than $10 billion, in a deal that is expected to be announced as soon as Monday, two people familiar with the matter said on Saturday.
Emerging countries must be able to control capital flows: study
JACKSON HOLE, Wyoming (Reuters) – Emerging market nations can be adversely affected by large swings in investment and, therefore, must develop tools to control credit flows or risk relinquishing any independent monetary policy, a study shows.
Central banks told to cooperate on managing global liquidity
JACKSON HOLE, Wyoming (Reuters) – Central banks should coordinate to avoid unwanted side effects as they exit from ultra-easy monetary policies that have left the world awash in cheap money, top policymakers were told on Saturday.
EADS, ThyssenKrupp venture raided over suspected bribes in Greek order
FRANKFURT (Reuters) – A joint venture of EADS and ThyssenKrupp and offices of Rheinmetall were raided this week in Germany on suspicion of paying bribes related to an order of submarine equipment from Greece, a spokesman for the state prosecutor in Bre…
Exclusive: SocGen plans $300 million sukuk program in Malaysia – sources
KUALA LUMPUR (Reuters) – Societe Generale will launch a 1 billion ringgit ($300 million) Islamic bond program in Malaysia, two sources familiar with the deal told Reuters, becoming the second major European bank to issue sukuk and the first to do so in…
