Qualcomm-Samsung axis brings 5G to the masses as Huawei struggles
SAN FRANCISCO/BERLIN (Reuters) – Qualcomm Inc (QCOM.O) promised on Friday to bring 5G mobile phones to the masses with a high-end modem and said its chips would also power mid-price…
Asia shares rise on trade talks hope, firm U.S. data; safe havens sold
TOKYO (Reuters) – Asian stocks gained on Friday, joining a global trend as investors took heart from firm U.S. economic data plans hopes a meeting between U.S. and Chinese negotiators…
Novartis, Lonza deepen biosimilars push with MS, arthritis drug deals
ZURICH (Reuters) – Swiss drugmakers Novartis and Lonza separately deepened their push into so-called biosimilars, betting cheaper copies of name-brand drugs will make headway among cost-conscious insurers and governments. Novartis’s…
Japan’s curbs on high-tech materials exports to South Korea could backfire
TOKYO/SEOUL (Reuters) – Japan’s curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip…
Volkswagen discussing Turkish car tax as it seeks deal on plant: sources
ANKARA/ISTANBUL (Reuters) – German carmaker Volkswagen (VOWG_p.DE) is holding talks with officials in Ankara over Turkey’s vehicle tax regime as it seeks to conclude a 1-billion euro investment to build…
North Korea tests new ‘super-large’ rocket launcher
North Korea said Sunday that leader Kim Jong Un supervised the test-firing of a “newly developed super-large multiple rocket launcher,” another demonstration of the North’s expanding weapons arsenal apparently aimed…
Oil spills into U.S.-China trade war, prices slump
NEW YORK (Reuters) – China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as…
Amgen wins U.S. patent battle on arthritis drug Enbrel, thwarting Novartis
(Reuters) – A U.S. judge on Friday upheld two patents relating to Amgen Inc’s blockbuster rheumatoid arthritis drug Enbrel, denying a challenge by Novartis AG, which is seeking to launch…
North Korea fires projectiles, marking the 4th launch in the last 2 weeks
For the fourth time in less than two weeks, North Korea has fired projectiles into the Sea of Japan, a U.S. official said. Interested in North Korea? Add North Korea…
Apple pays $1 billion for Intel unit in push for chip independence
(Reuters) – Apple Inc (AAPL.O) took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s (INTC.O) modem business in a deal valued at…