NEW YORK, May 24- The U.S. stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. Next week could make it harder to figure out, considering that the long Memorial Day weekend typically signals the start of the summer.» Read More
Dec 20- U.S. patent authorities rejected Apple Inc's key "pinch-to-zoom" patent in an initial ruling, the second setback in less than two months for the iPhone maker in its patent battle with Samsung Electronics Co Ltd.
The three were indicted over changes of conspiring with American clients to hide more than $420 million from the U.S. Internal Revenue Service, the U.S. Attorney's Office in Manhattan had said on Wednesday.
*Iran's clout seen increasing, arms flown to Syria. *Maliki seen playing Washington, Tehran off. But it points to the way the United States has watched its influence in Iraq dwindle.
*Tech stocks weaken after Ericsson makes writedown. LONDON, Dec 20- European equity indexes slipped from multi-month highs on Thursday after fresh signs of friction in U.S. budget talks, while a fall in mobile network maker Ericsson also weighed on markets.
CAIRO, Dec 20- Egypt's opposition, facing defeat over a new constitution in a referendum this weekend, urged its supporters to reject the Islamist-backed charter and pledged to fight on to amend it during elections expected next year.
HONG KONG, Dec 20- Japan's December rally has handed Asia's struggling stock traders an early Christmas present as the rare flurry of activity in Tokyo helps make an otherwise bleak year end on a brighter note.
LONDON, Dec 20- World shares held near 17- month highs on Thursday, ending a week-long rally, while oil fell as the latest setback in talks to avert a U.S. fiscal crisis kept buyers away. "The' fiscal cliff' is a reality and I believe that markets have got themselves into a hopeful state rather than a realistic state," said Gerard Lane, equity strategist at Shore Capital.
Plans to share future replacements for larger models such as the Citroen C5 and GM's Opel Insignia were shelved after the companies failed to reach a "convincing business case", a Peugeot spokesman said.
*Brent crude oil seen averaging $108 in 2013. Reuters monthly survey of 26 analysts forecast North Sea Brent crude oil will average $108 per barrel in 2013, down from an average of $111.71 so far this year.
Ericsson, the world's biggest telecom network equipment maker, will take an 8 billion crown($1.2 billion)charge on its ST-Ericsson venture.
BRUSSELS, Dec 20- European Union regulators dropped an antitrust investigation into Thomson Reuters on Thursday after the company made it easier for customers using its financial instrument codes to switch to competing services. "The commitments offered by Thomson Reuters will enhance competition in this market.
BODAIBO, Russia, Dec 20- It looks like any one of remote eastern Siberia's low-lying, peat-coloured hills: only the thin trenches that scar Sukhoi Log hint at the work of generations of geologists to measure the riches beneath.
LONDON, Dec 20- Gold edged back towards $1,670 an ounce on Thursday, recovering from this week's 3-1/ 2 month low as physical buyers returned to the market, but uncertainty over negotiations surrounding the U.S. fiscal crisis kept traders on the sidelines.
LONDON, Dec 20- Oil slipped below $110 a barrel on Thursday as U.S. budget talks stumbled, stoking concern about demand in the world's biggest oil consumer. President Barack Obama has accused opponents of holding a personal grudge against him while the top Republican negotiator John Boehner called the president "irrational".
Dec 20- Private equity firm KKR& Co LP on Thursday kicked off a joint venture with Suez Environment to run the water and wastewater systems of a New Jersey city it hopes will become a model for cash-strapped local authorities in the United States.
MOSCOW, Dec 20- President Vladimir Putin said he hopes the tycoons selling out of TNK-BP will reinvest the proceeds from Russia's largest ever takeover deal back into the country, but he would not force them to do so.
HONG KONG/ SINGAPORE, Dec 20- Hong Kong's de facto central bank said it is investigating possible misconduct by UBS over its submission of interbank rates, raising the possibility that the bank could face more fines a day after it agreed to pay $1.5 billion for its role in the Libor scandal.
GENEVA, Dec 20- Japan has launched a complaint against China at the World Trade Organization to challenge anti-dumping duties levied by China on Japanese exports of high performance stainless steel seamless tubes, the WTO said on Thursday.
TOKYO, Dec 20- Bank of Japan Governor Masaaki Shirakawa said on Thursday that the central bank will debate next month whether there is any room to review the level of price growth that it sees as desirable in the long run. We also received a request recently from the Liberal Democratic Party's Shinzo Abe to review our price goal.
GENEVA, Dec 20- Japan has launched a complaint against China at the World Trade Organization to challenge anti-dumping duties levied by China on Japanese exports of high performance stainless steel seamless tubes, the WTO said on Thursday. The complaint is the third brought to the global trade body by Japan this year. All three have been against China.