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Apple, Qualcomm agree to drop all patent litigation

Settlement ends long-brewing legal battle and includes an undisclosed payment from Apple. Qualcomm shares rise 23%.

Bank Islam eyes investment funds growth of RM800mil for 2019

KUALA LUMPUR: Bank Islam Malaysia Bhd aims to achieve an investment funds growth of RM800mil this year, driven by the launch of its enhanced Al-Awfar product, which includes new features and attractive offers for customers.

Bank Islam targets investment funds growth of RM800m

KUALA LUMPUR: Bank Islam Malaysia Bhd aims to achieve an investment funds growth of RM800 million this year, driven by the launch of its enhanced Al-Awfar product, which includes new features and attractive offers for customers.

Electric-car bubble at risk of bursting in China

BEIJING: An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business – except when it comes to electric vehicles in China.

Foxconn chairman Gou aims to step down to pave way for younger talent

TAIPEI: The chairman of Taiwan's Foxconn, an assembler of Apple Inc's iPhones, said on Monday he plans to step down in the coming months to pave the way for younger talent to move up the company's ranks.

The US$18bil electric car bubble at risk of bursting in China

BEIJING: An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business -- except when it comes to electric vehicles in China.

Foxconn poised to begin mass production of iPhones in India

TAIPEI: Foxconn Technology Group Chairman Terry Gou said the iPhone will go into mass production in India this year, a shift for the largest assembler of Apple Inc.’s handsets that has long concentrated production in China.

Wall St climbs as financials snap five days of losses

NEW YORK: US stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized above 15-month lows.

Qualcomm loses bid for Apple iPhone import ban in ITC ruling

NEW YORK: Qualcomm Inc on Tuesday lost a bid to have imports of some Apple Inc iPhones banned in a final and binding ruling on one dispute between the two companies by the full U.S. International Trade Commission

S&P 500 slips with Apple, European shares down 4th day

NEW YORK: The S&P 500 Index ended a choppy session slightly lower on Monday as worries about a slowdown in global economic growth lingered and as Apple Inc shares fell after the company unveiled its video streaming service.