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Qualcomm seeks China iPhone ban, expanding Apple legal fight

Bloomberg Qualcomm Inc. filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, the chipmaker’s biggest shot at Apple Inc. so far in a sprawling and bitter legal fight. The San Diego-based company aims to inflict pain on Apple in the world’s largest market for smartphones and cut off production in a country where ...

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China credit growth exceeds estimates despite debt curb vow

Bloomberg China’s broadest gauge of new credit exceeded projections, signaling that the funding taps remain open even as the government pushes to curb excessive borrowing. Aggregate financing stood at$276 billion in September, the People’s Bank of China said, compared with an estimated 1.57 trillion yuan in a Bloomberg survey and 1.48 trillion yuan the prior month. New yuan loans stood ...

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China firms bidding for Chicago Exchange drop out

Bloomberg Two of the three China-based bidders for the Chicago Stock Exchange have withdrawn from the group trying to acquire the market, according to a person familiar with the matter. Chongqing Jintian Industrial Co. and Chongqing Longshang Decoration Co. are pulling out of the deal, according to the person, who asked not to be identified discussing private negotiations. That leaves ...

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