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Apple sues Qualcomm over patent licensing practices

  Bloomberg Apple Inc. sued Qualcomm Inc., accusing it of monopolizing the market for chips for wireless devices and withholding $1 billion in retaliation for cooperating with South Korean antitrust authorities. Apple is demanding Qualcomm hand over money that was supposed to be a rebate for licensing fees. Qualcomm is holding back the money as punishment for Apple cooperating with ...

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Nissan, Toyota back UK plants despite May’s Brexit plan

  Bloomberg Toyota Motor Corp. and Nissan Motor Co. say they’ll keep making cars in the UK despite Prime Minister Theresa May’s plan to leave the European Union’s single market, which could make exporting from British factories less lucrative. May’s Brexit plan won’t derail Nissan’s commitment to build new versions of its Qashqai and X-Trail sport utility vehicles at its ...

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London home presales slump to four-year low

  Bloomberg Sales of London homes under construction last year dropped to the lowest level since 2012, leaving developers with a record number of unsold properties. Purchases of homes currently being built fell 22 percent to 20,695 from a year earlier, according to a report by Molior London seen by Bloomberg. The number of unsold properties that are under construction ...

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