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Samsung says no interest in buying troubled RIM
Jan 18th, 2012
SEOUL (Reuters) - Samsung Electronics Co said on Wednesday it was not interested in buying ailing Blackberry maker Research In Motion or licensing its operating system, refuting a tech blog report that RIM was seeking to sell itself to the South Korean technology giant. Shares of RIM, which has been the subject of continuous takeover speculation with its stock valuation lingering at multi-year lows, jumped more than 10 percent on the report before falling back after Samsung's denial. ... (Source: Reuters) -
By Miyoung Kim SEOUL (Reuters) - Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers. After costly courtroom battles over technology patents, the two gadget giants are now going... [Full Article]
SEOUL, South Korea (AP) - North Korea fired three short-range guided missiles into its eastern waters on Saturday, a South Korean official said. It routinely tests such missiles, but the latest launches came during a period of tentative diplomacy aimed at easing tensions. (Source: Associated Press)... [Full Article]
By Huw Jones LONDON (Reuters) - The Financial Conduct Authority (FCA) has asked mortgage lenders to check if customers can pay back the loans, stepping in early to head off possible defaults in a sector the government sees as key to reviving growth. The FCA said the capital on 2.6 million interest-only home loans will be due for repayment over the ... [Full Article]
By Chris Reese NEW YORK (Reuters) - Wall Street is looking for the Federal Reserve to buy a total of $1.25 trillion of assets under its latest debt purchase program intended to stimulate the economy, according to a Reuters poll conducted on Friday. The median of forecasts from economists at 15 U.S. primary dealers - the large financial institutions... [Full Article]
AMMAN, Jordan (AP) - Police have arrested eight Syrians on suspicion of inciting riots at a refugee camp near the Jordan-Syria border, a Jordanian security official said Sunday. (Source: Associated Press)... [Full Article]
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