Dec 19- McDonald's Corp and some of its franchisees were named jointly in complaints filed on Friday by the U.S. National Labor Relations Board's Office of the General Counsel, accusing them of labor violations in a widely anticipated move that could have wide-reaching implications for businesses. The complaints strike new ground in treating McDonald's, the...» Read More
BEIJING, Aug 15- Apple Inc has begun keeping the personal data of some Chinese users on servers in mainland China, marking the first time the tech giant is storing user data on Chinese soil. The data will be kept on servers provided by China Telecom Corp Ltd, the country's third-largest wireless carrier, Apple said in a statement on Friday.
*UK GDP data cold comfort for sterling. LONDON, Aug 15- The euro was on track for a second week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc, on concerns about the euro zone's economic prospects and expectations for more stimulus. The data confirmed that the UK economy grew at its fastest annual pace in over six years.
Aug 15- Acura Pharmaceuticals Inc said the U.S. Food and Drug Administration indicated that the company may have to conduct an additional study to determine the abuse-deterrent capability of its experimental painkiller treatment. The FDA in May said data was insufficient to support the company's claim that the drug could not be abused by snorting.
NEW YORK, Aug 15- U.S. stock index futures were higher on Friday, with major indexes on track for a second week of gains, as traders bet there would be no immediate escalation in the tense situations in Ukraine or Iraq.
BRUSSELS, Aug 15- NATO said on Friday that Russia, while calling for de-escalation of the Ukraine conflict, had in fact been escalating it. NATO spokeswoman Oana Lungescu said the alliance was checking eyewitness reports in two British newspapers on Friday that a column of at least 23 Russian military vehicles had crossed into Ukraine overnight.
NATO SAYS RUSSIA, WHILE CALLING FOR DE-ESCLATION, HAS BEEN ESCALATING UKRAINE CONFLICT.
*China economic data points to weakness, euro zone slows. LONDON, Aug 15- Copper held near its lowest level in more than seven weeks on Friday, as a downbeat outlook for the economy in top consumer China raised concerns about demand for industrial metals.
NEW YORK, Aug 15- From American Apparel Inc to Lululemon Athletica Inc, Men's Wearhouse Inc and Best Buy Co Inc, a series of boardroom battles across North America underscore how difficult it can be for companies to part ways with their founders.
LONDON, Aug 15- Following four decades of war, sanctions, nationalization and unrest, oil and gas producers are gradually adjusting to rely less on the Middle East. Diversification away from the Middle East is one of the main reasons why oil prices have remained virtually unchanged as unrest has spread across much of the region since 2011..
The final conference call took place on Thursday between banker-dealers in the $3 billion a day London silver market in the old process of fixing the benchmark silver price.
BEIJING, Aug 15- Apple Inc has begun keeping the personal data of some Chinese users on servers in mainland China, marking the first time that the tech giant is storing user data on Chinese soil. The data will be kept on servers provided by China Telecom Corp Ltd, the country's third-largest wireless carrier, Apple said in a statement on Friday.
JD.COM QUARTERLY REVENUE RISES 64 PCT@. Aug 15- JD.com Inc, China's second-largest e-commerce company, reported a 64 percent rise in quarterly revenue as the number of its active customers nearly doubled.
But in an ironic twist, the feel-good triumph in Brazil may have come at a time when Germany's new "Wirtschaftswunder", or economic miracle, is coming to an end.
*Physical demand still weak in Asia. LONDON, Aug 15- Gold edged up towards $1,315 an ounce on Friday, heading for a second weekly gain, after soft U.S. and European economic data fueled expectations that central banks would stay committed to ultra-loose monetary policy, pushing bond yields lower.
Aug 15- The Hong Kong government issued second-quarter gross domestic product data on Friday showing that the economy fell a seasonally adjusted 0.1 percent over the first-quarter of 2014, while it rose 1.8 percent from the same period last year. KEY FIGURES GROSS DOMESTIC PRODUCT ttt2014tttt ttttt2013tttttt. Q2 Q1 Q4 Q3 Q2.
BEIJING, Aug 15- Apple Inc has begun storing personal data for some Chinese users on servers provided by China Telecom, marking the first time that the company has stored user data on mainland Chinese soil. All data stored with China Telecom, as with all data centre providers worldwide, will be encrypted, Apple said in a statement on Friday.
*Europe stocks set for biggest weekly gain since Feb. The euro, which took a hit on Thursday after data showed Europe's powerhouse economy Germany unexpectedly contracted in the second quarter, edged up against the dollar on Friday but remained near nine-month lows.
LONDON, Aug 15- Brent crude stabilized below $103 a barrel on Friday, close to a 13- month low, on ample supplies of high-quality oil and signs faltering global economic growth may be capping fuel demand.
SHANGHAI, Aug 15- Hong Kong's benchmark index closed at its highest level since November 2010 on Friday, pushed up by index heavyweight China Mobile after official media said the telecom giant would increase investment in instant messaging service Fetion. The Hang Seng Index ended up 0.6 percent at 24,954.94 points, the highest close since Nov. 8, 2010.
*UK GDP data in focus in European session. LONDON, Aug 15- The euro was on track for its fifth week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc on growing worries about the euro zone's gloomy economic prospects and more monetary stimulus.