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Swatch prefers go-it-alone route for smartwatch plans

BIEL (Switzerland) (Reuters) – Swatch Group is happy to go it alone with a launch next year of watches with “smart” features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion. The … Continue reading

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French PM says ECB must do more to tackle overvalued euro

PARIS (Reuters) – French Prime Minister Manuel Valls reiterated on Sunday calls for the European Central Bank to go “further” in tackling the problem of an overvalued euro. Speaking at a Socialist party gathering in La Rochelle, Valls said the … Continue reading

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Passive funds an active threat for Europe’s fund managers

LONDON (Reuters) – Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will be parked in a fund that simply moves … Continue reading

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Merkel unhappy with Draghi’s apparent new fiscal focus

BERLIN (Reuters) – A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in … Continue reading

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AT&T sues Cox Communications for patent infringement

(Reuters) – ATT (T.N) is suing Cox Communications for infringing eight patents dealing with network quality after the regional cable provider ignored its complaints about the issue and made “billions” off of the technology, according to a new lawsuit. In … Continue reading

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AT&T sues Cox Communications for patent infringement

(Reuters) – ATT (T.N) is suing Cox Communications for infringing eight patents dealing with network quality after the regional cable provider ignored its complaints about the issue and made “billions” off of the technology, according to a new lawsuit. In … Continue reading

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U.S auto sales seen ending summer without a sizzle

DETROIT (Reuters) – U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years … Continue reading

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U.S auto sales seen ending summer without a sizzle

DETROIT (Reuters) – U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years … Continue reading

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Oracle loses bid to restore $1.3 billion SAP verdict, could get new trial

(Reuters) – Oracle Corp (ORCL.N) failed to revive a $1.3 billion jury verdict in its long-running copyright dispute with German software company SAP SE (SAPG.DE) as a U.S. appeals court said Oracle must choose to accept a lower amount or … Continue reading

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Oracle loses bid to restore $1.3 billion SAP verdict, could get new trial

(Reuters) – Oracle Corp (ORCL.N) failed to revive a $1.3 billion jury verdict in its long-running copyright dispute with German software company SAP SE (SAPG.DE) as a U.S. appeals court said Oracle must choose to accept a lower amount or … Continue reading

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