Business confidence among China entrepreneurs rises in fourth quarter vs third quarter: survey

07:06, December 20, 2017

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  Huawei gives Nokia all smartphone patent deals

  Reuters PhotoNokia has signed a multi-year smartphone patent license deal with China’s Huawei – its arch rival in the networks business – giving it royalty agreements with all of the world’s largest handset makers.The Finnish company said on Thursday it would start booking revenue, including a one-off catch-up payment, from the fourth quarter. The two companies did not provide further

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  UK business confidence rises to five-month high in December: Lloyds

  The Canary Wharf financial district is seen at dusk in London, Britain, November 17, 2017. Picture taken November 17, 2017.File Photo:REUTERS/Toby MelvilleConfidence among British businesses has picked up to its highest level since July as firms expect a busier 2018, though optimism remains well below its level before last year’s Brexit vote, a survey by Lloyds Bank showed on Friday.Lloyds’

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  Teva Pharm to lay off a quarter of workforce, suspends dividend

  A Teva Pharmaceutical Industries building is seen in Jerusalem December 14, 2017. Photo: REUTERS/Ammar AwadTeva Pharmaceutical Industries (TEVA.TA) (TEVA.N) is to cut its workforce by more than a quarter, give up many of its manufacturing plants and suspend its dividend on ordinary shares in a much-anticipated overhaul to help pay off its debts.The Israel-based company, the world’s largest generic drugmaker,