Apple on Friday sued Qualcomm, accusing the California chipmaker of abusing its market power to demand unfair royalties, echoing charges filed days earlier by US antitrust regulators.
The City of London’s policy chief played down Brexit risks for the world’s top financial hub in an interview with AFP on Friday, even after a string of banks said they may have to shift jobs from London.
Former British finance minister George Osborne will join BlackRock, the world’s largest fund manager, as a part-time advisor from February 1, it announced Friday.
EU Ombudsman Emily O’Reilly said Friday she has opened an investigation into ties European Central Bank President Mario Draghi and aides have with private banks following a complaint from a research group.
Consumer-products giant Procter & Gamble reported better-than-expected quarterly earnings Friday and lifted its 2017 sales forecast, due in part to strong demand for health products.
The world’s biggest multinationals have been put on notice to start paying their fair share of tax — or risk accelerating the rise in populism that has carried Donald Trump to the White House.
A Samsung probe into the exploding batteries that forced the electronics giant to scrap its Galaxy Note 7 smartphones has found irregularly sized batteries caused overheating, the Wall Street Journal reported Friday.
Weakness in the oil and gas sector dented General Electric’s fourth-quarter results, pushing revenues lower despite gains in other industrial divisions, the company reported Friday.
Transportation costs drove up Canadian consumer costs in December, as fuel prices started bouncing back from recent lows, the government statistical agency said Friday.
British retail sales unexpectedly slumped 1.9 percent in December from the previous month, official data showed on Friday.
As Donald Trump prepares to take office as the 45th president of the United States Friday, Beijing will be watching closely amid fears a trade war could break out between the world’s top two economies.