Nokia initiates global legal action against Amazon and HP over patent violations

Finnish technology giant Nokia (HE:NOKIA) has launched lawsuits against Amazon (NASDAQ:AMZN) and Hewlett-Packard (HP (NYSE:HPQ)) in five global jurisdictions, including…

Westpac’s digital-first strategy propels growth in active users

Westpac, one of Australia’s leading banks, has been recognized for its superior mobile banking app by Forrester. The bank’s CEO,…

European shares hit two-week high on healthcare boost; Fed rate verdict eyed

(Reuters) – European shares rose to a near two-week high on Wednesday, boosted by healthcare stocks, with investors gearing up…

Jury orders Mitsubishi to pay $977 million over crash involving defective seatbelt

(Reuters) – A Pennsylvania jury has ordered Mitsubishi Motors (OTC:MMTOF) to pay nearly $977 million in damages to a man…

WeWork to withhold interest payment on some notes

(Reuters) – Debt-laden WeWork said on Tuesday it has decided to withhold interest payment of about $6.4 million on some…

General Motors Deutsche Bank sees ‘no hit’ from UAW strike in October

Deutsche Bank research released an Industry update on the current state of the auto industry following the tentative conclusion of…

Amgen sales rise, but shares off as investors await obesity data

(Reuters) – Amgen on Tuesday said third-quarter sales rose 5%, but a full-year sales forecast raise only reflected additional revenue…

Dow Jones futures rise in anticipation of Federal Reserve meeting

In Tuesday’s early trading, Wall Street saw Dow Jones futures rise as investors eagerly await the outcome of the Federal…

French inflation slows in October amid ECB’s tight monetary policy

France, the second-largest economy in the eurozone, witnessed a slowdown in inflation during October. This slowdown was primarily due to…

Blackstone, Vista Equity to buy software firm Energy Exemplar

(Reuters) – Blackstone (NYSE:BX) and Vista Equity Partners said on Tuesday they will acquire Australia’s Energy Exemplar, a provider of…