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  • SAN FRANCISCO, Feb 9- Microsoft and Samsung Electronics Co Ltd have settled a contract dispute over patent royalties, though terms of the settlement are confidential, Microsoft said in a statement on Monday. Microsoft sued Samsung last year in a federal court in New York, accusing Samsung of breaching a collaboration agreement by initially refusing to make...

  • Feb 9- Barclays Plc is planning to raise pay for junior investment bankers as the British bank seeks to retain talent, Bloomberg News reported, citing two persons familiar with the matter. Barclays' overall bonus pool is expected to shrink, Bloomberg reported citing another person familiar with the matter. European banks, including Barclays, Deutsche Bank,...

  • The deal also requires Qualcomm to lower its royalty rates on patents used in China, likely helping Chinese smartphone makers like Xiaomi Technology Co Ltd and Huawei Technologies Co Ltd. It removes a major source of concern among Qualcomm investors, sending shares of the U.S. chipmaker up 1.6 percent to $68.18 in after-hours trading. Qualcomm said in a...

  • Feb 9- Microsoft and Samsung Electronics Co Ltd have ended their contract dispute over patents, though terms of the settlement are confidential, Microsoft said in a statement on Monday.

  • RIO DE JANEIRO, Feb 9- Brazil's state-run oil company Petroleo Brasileiro SA announced on Monday that Deyvid Souza da Silva, a member of a pro-government union, was elected to represent its unionized employees on the board of directors. Silva defeated the current board member Silvio Sinedino, who last week voted against the board's appointment of the new chief...

  • Feb 9- Canada's Uni-Select Inc said it would sell its U.S. auto parts distribution business to activist investor Carl Icahn's investment company Icahn Enterprises LP for about $340 million. Icahn Enterprises said in a regulatory filing that the business acquired from Uni-Select would be operated independently from its auto parts subsidiary...

  • Feb 9- Drugmaker Pfizer Inc said it entered into an agreement with Goldman, Sachs& Co to buy back $5 billion of its stock. Pfizer said the accelerated share repurchase was assumed in the forecast for the full year it provided last month. Under the agreement, which forms a part of Pfizer's existing buyback authorization, about 150 million shares will be bought.

  • Feb 9- Apparel retailers Urban Outfitters Inc and Aeropostale Inc reported better-than-expected quarterly sales as holiday season sales in the United States increased the most since 2011.. Urban Outfitters shares were up 7 percent in extended trading, while Aeropostale's stock rose 23 percent. Net sales increased to $1.01 billion for the fourth quarter...

  • The kiwi popped above 74 U.S. cents from $0.7325, staying in a $0.7288- 0.7453 range seen in the last few days. "Very little in the way of data or developments to drive markets left higher oil as a key focus, which helped lift CAD and other commodity currencies to the top of the performance rankings," said Greg Moore, senior currency strategist at RBC Capital Markets.

  • NEW YORK, Feb 9- Stock indexes worldwide slipped on Monday on fears of Greece leaving the euro zone and concerns over conflict in Ukraine, while oil prices surged after an optimistic demand forecast from OPEC. Tensions rose further on Monday after European Commission President Jean-Claude Juncker said Greeks should not expect the euro zone to accept the...

  • Feb 9- Canada's Uni-Select Inc said it would sell its U.S. auto parts distribution business to an affiliate of Icahn Enterprises LP for about $340 million. The deal includes nearly all the assets of Uni-Select USA Inc and Beck/Arnley Worldparts Inc and excludes Uni-Select's FinishMaster paint and coatings business. Uni-Select said it expected to incur an...

  • *Microsoft bond deal holds center stage. The declines reversed an earlier rally during European trading hours as investors spooked by Greece's stand-off with the European Union and deadlier fighting in Ukraine shifted funds to safe-haven government debt. Geopolitical worries were shouldered aside by a massive, unusually long-dated bond offering by...

  • KINSHASA Feb 9- Mining companies said on Monday the Congolese government's suspension of negotiations with them over new regulations could jeopardise investments, and urged it to resist making big changes to the mining code. Democratic Republic of Congo's chamber of mines said in a statement timed to coincide with an industry event in Cape Town that the...

  • CHICAGO, Feb 9- Chicago Mercantile Exchange lean hogs returned to their lowest level in six years on Monday, pressured by softer cash prices and profit-taking after a futures rally last Friday, traders said. Monday afternoon's average market-ready or cash hog price in Iowa/ Southern Minnesota slipped 35 cents per cwt from Friday to $60.59, the U.S. Department of...

  • SAN FRANCISCO/ BEIJING, Feb 9- Qualcomm Inc said on Monday it agreed to pay China a fine of $975 million, ending a 14- month government investigation into anti-competitive practices. Discussions in Beijing over one of the most contentious cases under China's 2008 anti-monopoly law had intensified in recent weeks, culminating in meetings between Qualcomm...

  • WASHINGTON, Feb 9- The Obama administration said on Monday that 2015 Obamacare subsidies are averaging $268 a month for people in 37 states who have qualified for federal assistance to help with premiums through the website, HealthCare.gov. An administration statement, released less than a week before the Feb. 15 close of open enrollment for private health...

  • Feb 10- Chipmaker Qualcomm Inc said it would pay a fine of $975 million to China's National Development and Reform Commission to resolve a 14- month government investigation into anti-competitive practices. Reuters reported earlier in the day about the possible settlement, citing a source, who said the chipmaker and the regulator made significant progress...

  • NEW YORK, Feb 9- U.S. stocks fell on Monday as investors worried about Greek debt negotiations and disappointing Chinese economic data on top of uncertainty about U.S. interest rates.

  • SEOUL, Feb 10- As Samsung Electronics Co Ltd sells fewer of its own smartphones, the South Korean group's components businesses are under pressure to pick up the slack and secure external customers for chips and display panels, including putting these in rival mobile devices. Samsung Display has begun supplying organic light-emitting diode panels to Chinese...

  • WASHINGTON, Feb 9- A bipartisan group of U.S. lawmakers will unveil legislation on Tuesday aimed at stopping trading partners from manipulating their exchange rates to gain a competitive edge amid a wider debate over using trade deals to punish currency cheats. Democratic Senators Sherrod Brown, Debbie Stabenow and Charles Schumer will be joined by...