Fri, 27 Jan 2012 11:20:02 +0100 (Reuters) - Hana Financial Group Inc. Chairman Kim Seung-yu speaks during a news conference at the group's main office in Seoul January 27, 2012. South Korean regulators on Friday endorsed Hana Financial Group Inc's 3.9 trillion won ($3.48 billion) acquisition of Korea Exchange Bank, paving the way for U.S. private equity firm Lone Star's sale of the local lender and closing the final chapter of a drawn out and acrimonious saga. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS HEADSHOT)
Samsung 4Q profit rises 17 pct on smartphone sales
Fri, 27 Jan 2012 06:10:07 +0100 Samsung Electronics Co. reported a 17 percent jump in fourth quarter profit on the strength of smartphone sales even as the company battled claims it had copied Apple's iPhone. (Source: Associated Press)
Fri, 27 Jan 2012 04:10:14 +0100 SEOUL (Reuters) - Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals. The South Korean firm, the world's top technology firm by revenue, is locked in breakneck competition with Apple Inc in the red-hot smartphone market, and said its telecoms business earned a record 2.64 trillion won profit in October-December on increased sales of its flagship Galaxy smartphones. ... (Source: Reuters)
Apple again loses Dutch bid for Samsung tablet ban
Tue, 24 Jan 2012 13:00:17 +0100 AMSTERDAM (Reuters) - Apple again lost a bid on Tuesday to have Samsung tablet computers banned in the Netherlands in a Dutch appeals case over infringing copyrights of its iPad tablet computer. Apple, which has been locked in legal battles with Samsung in almost a dozen countries involving smartphones and tablets, had appealed a Dutch ruling, which said last year Galaxy Tab 10.1 models were not a copy of Apple's iPad. A Dutch appeals court dismissed Apple's appeal, confirming the Dutch lower court's ruling. ... (Source: Reuters)
French fashion house Courreges co-Presidents Jacques Bungert ...
Tue, 24 Jan 2012 11:30:08 +0100 (Reuters) - French fashion house Courreges co-Presidents Jacques Bungert (L) and Frederic Torloting (R) pose at the end of an interview with Reuters at their offices in Paris January 23, 2012. A year after the advertising duo of Bungert and Torloting took over Courreges, emblematic fashion design house of the 1960's, plan to launch their website and to handle the distribution of their perfume line. Picture taken January 23, 2012. REUTERS/John Schults (FRANCE - Tags: FASHION BUSINESS)