Lawsuit against iPad infringement is rejected

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Source: BBC

China's court rejected Apple's accusation of Proview Technology, China's technology company, of infringement trademark of iPad. Proview has a legally registered iPad trademark along with other 2,000 trademarks in countries including China, the court claimed. Meanwhile, Preview also brought a complaint against Apple's infringement of its copyrights on 10 billion yuan, reported Caixin Online.

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Wed, 07 Dec 2011 07:40:14 GMT

India suspends retail reform

India's parliament restarted its work after it was announced the country suspends retail reform aimed at opening the sector to large foreign retailers. The decision was postponed till it would be possible to reach a consensus, reported parliament. The conflict arose as the opposition claimed the new reform would destroy thousands of jobs and small businesses while supporters insisted it would bring wider choice and

Wed, 07 Dec 2011 07:38:04 GMT

Barclays decreases China's growth forecast

Barclays Capital cut China's GDP growth forecast from 8.4% to 8.1% for 2012 citing the downturn in the euro-zone. Investments are expected to fall next year but domestic consumption will play a role of stabilizing factor, reported Barclays. CPI is expected to ease from 5.5% projected in 2011 to 3.2% in 2012 due to decline in exports and risk of overcapacity, Barclays added.

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