Merck Anticlotting Drug Meets Goal but Has Bleeding Risk An experimental anticlotting drug from Merck reduced the risk of heart attacks and related events in a clinical trial, but significantly increased bleeding. Source: Wall Street Journal
Apple Is Challenged in China Over iPad Name Proview Technology (Shenzhen) has filed for a temporary restraining order in a Shanghai court to stop Apple from using the iPad name in mainland China. Source: Wall Street Journal
Sistema Shyam Plans Plea Against License Cancellation The Indian unit of Russia's Sistema is preparing to file an appeal asking the Supreme Court to review its order cancelling the company's telecommunications licenses along with those of several others. Source: Wall Street Journal
Mahindra Profit Falls 10% Mahindra &Mahindra posted a worse-than-expected 10% fall in its third-quarter net profit from a year earlier when it had recorded an exceptional gain. Source: Wall Street Journal
Lloyds to Cut 990 Jobs Lloyds is eliminating close to 1,000 U.K. positions and closing some offices, as the bank continues to reduce costs and streamline its business. Source: Wall Street Journal
Boeing Jet Financing Risks Disruption Boeing faces a potentially damaging disruption in financing of new aircraft deliveries due to a political fight in Washington over The Export-Import Bank of the United States. Source: Wall Street Journal
Motorola wants portion of iPhone, iPad sales Motorola Mobility Holdings Inc. has asked Apple Inc. to pay a potential royalty of 2.25 percent on sales of some iPhones and iPads using its patented technology -- totaling more than $1 billion in 2011. Source: Chicago Tribune
