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UBS cannot arbitrate vs Nasdaq over Facebook IPO: court

NEW YORK - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering.

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HTC forecasts higher fourth-quarter sales; above market estimates

TAIPEI - Taiwanese smartphone maker HTC Corp said on Friday that it expects revenue in the fourth quarter to reach T$43 billion-T$47 billion ($1.4 billion-$1.57 billion), beating market expectations of T$41.5 billion.

3:19am EDT

Siemens seen picking EQT for hearing aids next week

MUNICH/LONDON - Siemens is likely to pick EQT [EQT.UL] next week to buy its hearing aids unit for about 2 billion euros ($2.5 billion), two sources familiar with the matter said.

5:30am EDT

Panasonic raises profit outlook as restructuring shows results

TOKYO - Panasonic Corp raised its full-year operating profit outlook by 13 percent and returned to a net cash positive position for the first time in five years after a drastic restructuring chopped unprofitable product lines in smartphones, plasma TVs and semiconductor chips.

Media 4:47am EDT

Japan's wireless carriers told to unlock phones starting next year

TOKYO - Japan's wireless network providers are to lift restrictions on which network their subscribers can use, the government said, demanding that all smartphones and tablets to be sold with their SIM cards unlocked upon customers' request starting next year.

2:33am EDT

Hiring business drives LinkedIn's revenue beat

- Corporate networking site LinkedIn Corp reported better-than-expected quarterly profit and revenue as more businesses used its services to hire staff.

Media 30 Oct 2014

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