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Apple targets Google in patent suit  SAN FRANCISCO: A US judge on Wednesday was considering a request by Apple that would pull Google from the sidelines in a long-running patent war with Samsung over mobile gadgets powered by Android software.   Apple urged a federal court in Silicon Valley to add Android 4.1, referred to by Google as Jelly Bean, and the Samsung Galaxy Note 10.1 tablet to a patent suit on track for trial next year, according to reports.   The judge took the request under consideration.   Meanwhile, Samsung has countered with a legal move that says Apple's iPhone 5 infringes on patents held by the South Korean electronics giant.   Samsung and Apple have been waging patent wars in an array of countries in an indirect assault on Google's Android software.   In a separate case, a jury in August declared that Samsung should pay Apple $1.049 billion in damages for illegally copying iPhoneand iPad features.   Samsung has appealed to a higher court to ...

Czech FinMin wants new attempt to sell national airline: report  PRAGUE: The Czech Finance Ministry wants the government to prepare the national carrier Czech Airlines (CSA) for privatisation, news website reported on Wednesday.   "I will ask the cabinet today to request, as the main shareholder, Cesky Aeroholding to prepare the privatisation (of Czech Airlines)," quoted Finance Minister Miroslav Kalousek as saying.   State-owned Cesky Aeroholding also operates Prague Airport.   The government had previously tried to privatise the airline in 2009, following heavy losses from a failed expansion ...
US trade panel OKs five-year duties on China solar products WASHINGTON: United States on Wednesday gave final approval to duties on billions of dollars of solar energy products from China for the next five years, providing struggling US producers with a partial buffer against lower-priced imports.     US International Trade Commissioner voted 6-0 in favor of the duties in a case filed last year by SolarWorld Industries   America and which Beijing has called a protectionist move that threatens the future of the solar energy sector by driving ...
Denmark not discussing more cash for SAS: sources COPENHAGEN: Denmark is not discussing a cash injection for loss-making airline SAS and will not do so until the Scandinavian flag-carrier has a viable business plan, government sources said on Wednesday.   Denmark, which owns a 14.3 percent SAS stake, is not currently in talks about new cash for the airline, a government source said on Wednesday.   "Now, it is about ensuring a business model for the company which makes it able to compete with low-price carriers," the ...
Brazil auto production rose 13pc in October  SAO PAULO: Automobile production in Brazil rose 1 2.8 percent and sales increased 18.6pc in October from September, the national automakers' association said on Wednesday.   Automakers in Brazil produced about 318,700 new cars, trucks and buses last month, while sales totaled a bout 341,600 ve hicles, according to data released by industry group Anfavea.   Auto output had fallen 14.2 percent and sales contracted 31.4 percent in September.   Brazil is a key market for the world's biggest automakers, including ...
Bulgaria September industrial sales fall 4.2pc month/month  SOFIA: Bulgaria's industrial sales fell 4.2 percent on a monthly basis in September, compared to a 4.5 percent drop in August, statistics office data showed on Wednesday.   Year-on-year, industrial sales dropped 0.3 percent in September, down from a 1.7 percent increase a month earlier.   Processing industry sales fell 5.0 percent in September on a monthly basis, sales of electricity, gas and heating fell 2.6 percent and mining industry sales rose 1.8 percent.   Copyright Reuters, 2012 ...
Kingfisher Airlines needs to raise $1bn by November 30  NEW DELHI: Ailing Kingfisher Airlines needs to raise or commit at least $1 billion by Nov. 30, the chairman of State Bank of India told reporters on Wednesday, adding that lenders are not looking at liquidating the carrier's assets as of now.   The bank is the leader of a 17-bank consortium, which has lent about $1.4 billion to the debt-ridden carrier.   Kingfisher, once India's second-largest airline, has not flown since the start of October after a protest ...


Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln