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Qualcomm loses its antitrust battle with China, will fork over $1 billion

2015-02-10 19:07:19| Semiconductors - Topix.net

In its desire to prop up its own state-run companies, such as Semiconductor Manufacturing International Corp. and Spreadtrum Communications, China launched antitrust claims against mobile chipmaker Qualcomm. According to a report by Reuters , the fruits of China's labor have grown as both parties reached a $1 billion settlement.

Tags: china battle billion fork

 

Talisman Energy loses $1.59 billion in fourth quarter of 2014

2015-02-10 13:15:05| Oil & Gas - Topix.net

Calgary-based Talisman Energy is reporting a loss of US$1.59 billion in the fourth quarter of 2014, or $1.54 per share. The loss compares with a loss of $1 billion, or 98 cents per share, in the same quarter a year earlier.

Tags: energy fourth quarter billion

 
 

Talisman Energy loses $1.59 billion in fourth quarter of 2014

2015-02-10 12:38:36| Energy - Topix.net

Calgary-based Talisman Energy is reporting a loss of US$1.59 billion in the fourth quarter of 2014, or $1.54 per share. The loss compares with a loss of $1 billion, or 98 cents per share, in the same quarter a year earlier.

Tags: energy fourth quarter billion

 

NYC subway train loses power, stranding riders for 2 1/2 hours before being towed to station

2015-02-02 20:41:41| Railroads - Topix.net

Rush-hour commuters were stranded Monday on a packed subway train that lost power for 2 1/2 hours before it could be towed to a station, and five other trains were stuck behind it. The Manhattan-bound No.

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Oil loses its lustre on pyre of price volatility

2015-02-01 03:35:44| Oil & Gas - Topix.net

OIL major BP's annual results this week will bear the scars of the plummeting oil price as the group is also expected to unveil sharp cuts in its investment plans. Chief executive Bob Dudley will be taking on the spluttering profits torch and cost-cutting narrative from arch-rival Shell, which reported a slide in underlying fourth-quarter earnings to $3.26 billion last Thursday - about 20 per cent below analysts' expectations.

Tags: price oil loses volatility

 

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