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Qualcomm strikes new licensing deal with LG

(Reuters) – Qualcomm Inc said on Tuesday that it has entered into a new five-year patent license agreement with LG Electronics Inc to develop,...

U.S. yield curve: Invert, steepen, repeat

By Richard Leong (Reuters) – A swift steepening of the U.S. 2-year/10-year yield curve after it inverted last week may have given investors hope that...

Kohl’s quarterly profit beat lifts shares even as sales dip

(Reuters) – Department store operator Kohl’s Corp <KSS.N> reported better-than-expected quarterly profit and revenue on Tuesday and said it expects to benefit from newer...

Stocks futures subdued after strong rebound on stimulus hopes

By Medha Singh (Reuters) – U.S. stock index futures treaded water on Tuesday as investors paused after a three-day run that was driven by hopes...

Huawei founder details ‘battle mode’ reform plan to beat U.S. crisis

By Sijia Jiang HONG KONG (Reuters) – China’s Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and...

Lufthansa will hold its ground in short-haul price war: CEO

FRANKFURT (Reuters) – German carrier Lufthansa <LHAG.DE> will continue to fight for market share in the hotly contested market for short-haul flights, where it...

Exclusive: WhatsApp in talks to launch mobile payments in Indonesia –...

By Fanny Potkin JAKARTA (Reuters) – Facebook Inc’s <FB.O> messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile...

UBS names new CEO for European Union operations

FRANKFURT (Reuters) – UBS <UBSG.S> on Tuesday announced the appointment of Christine Novakovic as the chief executive officer of the Swiss Bank’s European Union...

Climate change could rain on Saudi Aramco’s IPO parade

By Clara Denina , Sinead Cruise, Rania El Gamal and Simon Jessop LONDON/DUBAI (Reuters) – Saudi Aramco’s biggest asset could also be a liability. The state...

Japan’s Docomo to resume orders of Huawei P30 Pro smartphones

TOKYO (Reuters) – NTT Docomo <9437.T> will resume taking orders of Huawei P30 Pro smartphones from Wednesday, the largest Japanese telco said on its...
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