Page 1025 - Bloomberg/reuters

Failed Apple ban could still be a win for Samsung

The ruling may help the Korean smartphone maker ward off a US import ban on its own mobile phones in two other patent cases

UK industrial output increases as manufacturing rebounds

Industrial output increased 1.1% from May after stagnating for three months

Newspaper buyout rush lures Amazon founder in turnaround push

Newsweek has foundered under multiple owners and other deals have yet to show returns

Vodafone seeks $1.3 billion in damages from Telecom Italia

Vodafone and Telecom Italia are two biggest wireless firms in Italy, together controlling about two thirds of cellphone market

HSBC falls after earnings as Gulliver says markets slow

The shares fall nearly 4.6%, the most since February 2012

UK services surge to fastest in more than six years

The activity index rose to 60.2 from 56.9 in June, the highest since December 2006

Services PMI contracts less than estimates

IBT Media buys Newsweek from Diller's IAC after online shift

IBT is acquiring Newsweek after the 80-year-old magazine shifted to online-only in January

In US, Apple breathes easy on iPhone 4 with Presidential backing

The dispute is the latest in a series of spats between the world's two biggest smartphone vendors

'A different breed'

Berkshire profit advances 46% on railroad, derivatives

Net income rises to $4.54 bn from $3.11 bn

New York Times sells Boston Globe for $70 million

NYT had bought the Globe for $1.1 bn 20 years ago, mostly in stock

China services growth picks up in sign economy may be stabilising

Michael Dell sweetens buyout bid offer with dividend

The shares jumped the most since February to as high as $13.66

Diageo sees some 'soft spots' in emerging markets as sales rise

Organic sales in Asia Pacific rose 3% in the year, slower than 4% in nine months

Snowden gets Russian sanctuary

He has been awarded asylum in Russia for a year, his presence has raised tensions with US a month before Obama's planned visit

Citigroup ordered to pay $10.8 mn for soured RBS investment

An arbitration panel found the New York-based lender liable to pay a customer over his losses on investments in RBS

ArcelorMittal cuts profit target

The Lakshmi Mittal-headed company's profit has been damaged by falling steel demand in its biggest markets

Potash's $20-bn market transformed by Uralkali

Facebook tops $38 IPO price for first time since day of debut

Facebook increased 1.5 per cent to $38.20 at 9:31 am in New York on Wednesday, erasing losses since the May 18, 2012 IPO and rebounding from a low of $17.55 in September