By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking Qualcomm’s rivals how the U.S. chipmaker’s business practices and the way it licenses its products affect them, as part of an investigation begun seven months ago, a document seen by Reuters showed. Qualcomm has been feeling the regulatory heat in Europe, the United States, China, Japan and South Korea in recent years as watchdogs focus on its licensing
By Christine Murray RIVIERA MAYA, Mexico (Reuters) – Cuba is in advanced talks with Chinese telecoms equipment company Huawei to do more business on the Communist island, Cuban finance minister Lina Pedraza said on Friday. He’s Chinese by the way,” Pedraza said on the sidelines of the World Economic Forum on Mexico’s Caribbean coast. “He is very advanced in negotiations with a Cuban company,” Pedraza added. Asked if the Chinese
President Obama told Yahoo, Senator Warren is ‘absolutely wrong’ in her criticism of a U.S. trade pact with a dozen Asian nations that he says will help protect American interests across the continent.
Commerce Secretary Penny Pritzker says there are new signs China is improving legal protections for western firms.
Japanese automakers Toyota and Mazda are considering a comprehensive tie-up in environmentally-friendly technology amid tightening regulations to cut greenhouse gas and tough emerging market competition, a report said Saturday. Under the partnership, Toyota plans to supply fuel cell and plug-in-hybrid technology to Mazda, which has lagged in electric-vehicle technology, the newspaper said. In return, Mazda will consider offering its proprietary “Skyactiv” green technology to Toyota, which it hopes to use
China’s consumer inflation was more muted than expected in April and producer prices fell for the 37th consecutive month, adding to concerns about growing deflationary pressures which are likely to trigger further policy easing. A seasonal jump in food prices aside, some economists said the figures pointed to moderate price pressures and lacklustre domestic demand in the world’s second-biggest economy. “Consumer prices remained sluggish in April and the risk of
Alibaba Group Holding Ltd., China’s biggest e-commerce company that held its initial public offering last year, bought $56.2 million of stock in U.S. online retailer Zulily Inc. this week, according to a regulatory filing. The purchases brought Alibaba’s holdings of Seattle-based Zulily to 11.5 million shares, or a 9.3 percent stake, according to regulatory filings and data compiled by Bloomberg. Alibaba’s Zulily holdings were worth $152.9 million at Friday’s closing
Miley Cyrus has combined her musical talents with her desire to spread awareness and love. The singer teamed up with transgender rocker and Against Me! frontwoman Laura Jane Grace and…
French arthouse movie director Agnes Varda is to receive an honorary Palme d’Or at this year’s Cannes film festival, the first female handed the coveted award, organisers said Saturday. Only Woody Allen, in 2002, Clint Eastwood in 2009, and Bernardo Bertolucci, in 2011, have been granted the distinction “given to renowned directors whose works have achieved a global impact but who have nevertheless never won the Palme d’Or,” a festival
NEW YORK (AP) — HBO did not defame a British sporting-goods company with a report that showed children stitching the company’s soccer balls, a federal jury in Manhattan has decided.