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Samsung to Fight Apple Smartphone Trial Verdict: Lawyer
May 6th, 2014
Samsung Electronics Co. will challenge a jury’s $120 million award to Apple Inc. in a patent-infringement verdict that was “unsupported by evidence,” a lawyer for the Suwon, South Korea-based company said. Samsung will ask the trial judge and an ...
Saxo Bank: Product Update May 2014
May 5th, 2014
Saxo Bank is proud to offer Stock Options in May 2014 By enabling its direct clients with Stock Options, Saxo increases its multi asset offer. Saxo Bank clients will have access to the top 200 most liquid Stock Options ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
Barclays, Credit Suisse Battle Banker Exodus, Legal Woes
May 5th, 2014
Barclays Plc (BARC), Credit Suisse Group AG and UBS AG (UBSN) will face questions this week about key banker departures, legal challenges and their efforts to boost profitability. Barclays last week lost three top bankers in the U.S. and ...
U.K.’s Transaction Tax Plan on hold by the European court
April 30th, 2014
The U.K. lost a bid to counter plans by 11 European Union nations for a common financial-transactions tax, after the bloc’s top court said it was too soon to rule on the legality of the move. The European Court ...
Asian Stocks Swing From Gain to Loss on Earnings Outlook
April 29th, 2014
Asian stocks swung between gains and losses as investors weighed corporate earnings and after U.S. equities advanced. China Petroleum & Chemical Corp. slid 1.3 percent in Hong Kong after Asia’s biggest refiner posted first-quarter profit that missed analyst estimates. ...
Apple-Samsung $2 Billion Patent Case Over Google Hits Last Round
April 28th, 2014
Apple Inc. and Samsung Electronics Co. head toward the conclusion of their second U.S. patent trial with one last chance to make a case to jurors on whether the $2 billion case is actually a proxy war over Google ...
Russian Companies Shrug Off US Sanctions – For Now
April 23rd, 2014
Soon after U.S. sanctions targeting members of President Vladimir Putin’s inner circle were announced last month, Olga Promptova, a Russian business owner, received a message from a German client who was worried about the delivery of her Russian-made clothing. ...
Google’s Stake in $2 Billion Apple-Samsung Trial Revealed
April 23rd, 2014
Google Inc. (GOOG)’s stake in the outcome of a $2 billion trial over smartphones using its Android operating system was revealed by testimony that the company indemnified Samsung Electronics Co. (005930) against some of Apple Inc. (AAPL)’s patent claims. ...
High-Frequency Fight Starts in Foreign Exchange
April 17th, 2014
Foreign-exchange dealers say they have the solution to the high-frequency trades eroding banks’ profits across financial markets. A currency-dealing platform known as ParFX, established in 2011 by firms from Deutsche Bank AG to Citigroup Inc., was approached last month ...