Wires

  • SEOUL, Jan 21- South Korea's culture minister was arrested on Saturday suspected of involvement in drawing up a blacklist of artists critical of President Park Geun-hye amid a graft scandal that led to the president's impeachment by parliament. Cho Yoon- sun is the first sitting minister ever to be arrested, the special prosecutor's team, which had applied for...

  • Jan 20- Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. In the lawsuit filed in U.S. District Court for the Southern District of California, Apple accused Qualcomm of...

  • ROCKVILLE, Md. _ Supernus Pharmaceuticals Inc. on Friday reported third-quarter profit of $61.8 million. Three analysts surveyed by Zacks expected $60.1 million. Access a Zacks stock report on SUPN at https://www.zacks.com/ap/SUPN.

  • BUDAPEST- Hungarian National Bank Governor Gyorgy Matolcsy, Hungarian Prime Minister Viktor Orban and Bank of China Ltd Chairman Guoli Tian are scheduled to attend 4th "Lamfalussy" memorial conference- 0800 GMT. LONDON- Czech Central Bank board member Vojtech Benda to attend "ING Client Breakfast" in London. WASHINGTON- Mexican Foreign Minister Luis Videgaray...

  • Jan 21- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 23- Jan Norway Auction of Treasury bills 23- Jan Belgium OLO Auction 24- Jan United States Sale of 2- year notes 24- Jan Japan Auction of 40- year government bonds 24- Jan Spain Auction of 3- and 9-...

  • BRUSSELS- ECB Board Member Peter Praet delivers a speech at "European Pillar of Social Rights Conference", organised by European Commission in Brussels- 1315 GMT. COPENHAGEN- Norges Bank Deputy Governor Egil Matsen gives a speech at a "Seminar on active ownership in pension funds" arranged by Pension Research Centre and Copenhagen Economics- 1410 GMT.

  • The villagers obtained a $9- billion judgment against Chevron in Ecuador in 2011. But the company has no assets in Ecuador, and the villagers have been suing it in the United States, Canada, Brazil and Argentina to enforce the decision. On Friday, the Ontario Superior Court of Justice in Toronto ruled Chevron Canada Ltd is a separate entity from Chevron Corp, and is...

  • WASHINGTON, Jan 20- The Trump administration, hours after taking office on Friday, suspended a plan to cut mortgage insurance premiums on federally insured home loans that the U.S. government had estimated would save eligible homeowners an average of $500 a year. The move immediately drew fire from Democrats, and it offered an early example of the potential...

  • "The company is cooperating with the SEC's investigation and cannot predict the eventual scope, duration or outcome of the matter at this time," Herbalife said. Trump has also referred to the FCPA, which is at the heart of the SEC's Herbalife probe, as a "horrible law" that he said puts U.S. companies at a disadvantage. The SEC's probe of Herbalife comes on the heels of a...

  • TOULOUSE, France, Jan 20- Japan Air Commuter took delivery of its first European ATR turboprop airplane on Friday, gambling on attracting foreign tourists to a little-visited archipelago as Japan bids to place Amami and Ryukyu islands on UNESCO's World Heritage list. The first direct sale of ATR turboprops to Japan is seen as a breakthrough for the...

  • Jan 20- Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government filed a lawsuit that accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. In the lawsuit filed in U.S. District Court for the Southern District of California, Apple accused...

  • NEW YORK, Jan 20- Merger activity among independent wealth management firms in the United States hit an all-time high in 2016 as more of the industry's aging workforce retired, the economy strengthened and more advisers were able to obtain financing for acquisitions, according to new study. The report, published this week by the industry consultant firm...

  • SAO PAULO, Jan 20- Itaú Unibanco Holdings SA, Brazil's largest private sector lender, said on Friday it has reached an agreement to postpone to January 2022 the acquisition of shares of Colombia's CorpBanca. Initially Itaú Unibanco was tp acquire CorpBanca shares on Jan. 29. Itaú plans to buy Colombia's CorpBanca using its Chilean arm Itaú CorpBanca.

  • Donald Trump built his campaign on early morning tweet storms and hashtag-worthy slogans. Now president, he's in control of the White House's powerful social media arsenal, including the official@ POTUS Twitter account that has nearly 14 million followers. The White House's official Twitter and Facebook accounts were quickly purged and rebranded for the...

  • Jan 20- Puerto Rico Governor Ricardo Rossello on Friday criticized a set of recommendations by the federal board in charge of managing the U.S. territory's finances, signaling a potential power struggle between the government and the board on how to pull the island out of economic crisis. The board's letter had called for Puerto Rico to save more than $4.5...

  • MEXICO CITY, Jan 20- Mexico's president said on Friday he wanted to strengthen relations with his new U.S. counterpart Donald Trump, whose threats and barbs against the country raised fears of a major economic crisis, and battered its currency. President Enrique Pena Nieto, pilloried at home for meeting Trump in August after the New York businessman called...

  • Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang, who could not be reached for comment, was one of four people charged on Jan. 10 in a case that has complicated his brother's expected run for president of South Korea following his...

  • Jan 20- Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government filed a lawsuit that accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over a key semiconductor in mobile phones. In the lawsuit filed in U.S. District Court for the Southern District of California, Apple accused...

  • NEW YORK, Jan 20- A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. "The company has taken a decisive step to rightsize its balance sheet," Pat Nash, one of the...

  • The 100- page complaint filed Friday in a San Diego federal court depicts Qualcomm as a greedy monopolist abusing its power in a key segment of the mobile chip market to extort royalties for iPhone innovations that have nothing to do with Qualcomm's technology. Apple says it has been cooperating with government regulators who have been investigating...