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‘iPhone ban will force Qualcomm settlement’

Bloomberg Apple Inc. says a Chinese ban on sales of the iPhone will force it to settle a long and bitter licensing battle with Qualcomm Inc., an outcome that may end up harming the country’s smartphone industry and give its fiercest legal rival a boost. The US company was responding to a Chinese court that ruled this week Apple infringed ...

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General Motors could spin off its China joint venture, says Morgan Stanley

Bloomberg General Motors faces a “sharp and continued drop in profit” from its GM China joint venture in 2019 and beyond and might consider spinning off the JV, Morgan Stanley analyst Adam Jonas said in a note. The strategic and financial options available to an automaker like GM in China “likely shrinks as profitability of the JV declines,” Morgan Stanley ...

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China’s home-price growth eases amid dull buyer demand

Bloomberg China’s home-price gains slowed in November in a further sign the nation’s property market is cooling. New-home prices rose an average 0.98 percent from October when they increased 1.02 percent in the 70 cities tracked by the government, according to Bloomberg calculations based on data released by the National Bureau of Statistics. November’s result snapped five straight months of ...

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