Kazakhstan reports sharp fall in oil production as output and exports decline
Kazakhstan has reported a sharp fall in oil production, with both output and exports declining in the first quarter of the year, according to gover...
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
The jury agreed with Masimo's claim that Apple Watch's workout mode and heart rate notification features violated its patent rights, as confirmed by a Masimo spokesperson.
Apple disagreed with the verdict and stated it would appeal. An Apple spokesperson noted that over the past six years, Masimo had filed lawsuits in multiple courts, asserting more than 25 patents, most of which were deemed invalid. The patent in question expired in 2022 and relates to historic patient monitoring technology from decades ago.
Masimo called the ruling a "significant win" in its ongoing efforts to protect its innovations and intellectual property.
The California lawsuit is part of a broader and contentious patent battle between Apple and Masimo, with Masimo accusing Apple of poaching its employees and stealing its pulse oximetry technology for use in Apple Watches.
In 2023, a U.S. trade tribunal blocked imports of Apple's Series 9 and Ultra 2 smartwatches after finding they infringed Masimo’s patents. Apple removed blood-oxygen reading technology from its watches to comply with the ban but reintroduced an updated version in August with approval from U.S. Customs and Border Protection.
On Friday, the ITC decided to hold a new proceeding to assess whether the updated watches should be subject to the ban. Masimo is also pursuing an ongoing lawsuit against Customs over the decision, while Apple has challenged the import ban in a federal appeals court.
In 2023, a California judge declared a mistrial in Masimo’s trade-secret case against Apple after the jury failed to reach a unanimous verdict. Last year, Apple won a minimal $250 verdict in Delaware over allegations that Masimo’s smartwatches infringed two Apple design patents.
U.S. President Donald Trump warned that any Iranian ships approaching ports in the Strait of Hormuz would be "immediately eliminated" on Monday, as the U.S. started its blockade.
Millions of Orthodox Christians across the globe celebrated Easter, known as Holy Pascha, on Sunday (12 April) with midnight liturgies, candlelight processions and deeply rooted local traditions reflecting centuries of faith.
Afghanistan’s Foreign Ministry said on Sunday that talks with Pakistan had been positive, while Türkiye stressed the importance of stronger ties between Kabul and Islamabad.
Centre-right Peter Magyar's Tisza Party has won a landslide in Hungary after a night of counting in the Hungarian election. Viktor Orbán has conceded defeat after 16 years in power. "We have done it. Tisza and Hungary have won this election", Magyar said to cheering supporters in Budapest.
The U.S. military began a blockade of Iran's ports on Monday, President Donald Trump said, and Tehran threatened to retaliate against its Gulf neighbours' ports after talks in Islamabad on ending the war broke down at the weekend.
China’s export growth slowed sharply in March, as the fallout from the Middle East conflict pushed up energy and shipping costs, weakening global demand and exposing risks in Beijing’s reliance on manufacturing to drive growth.
A French fashion label is placing China at the heart of its global ambitions, choosing Shanghai for its worldwide debut in a move that shows growing confidence in the country’s consumer market and cultural influence.
Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with many of the reductions expected to affect its marketing division, The Wall Street Journal reported on Wednesday, citing sources familiar with the plans.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
The U.S. national average retail price of petrol rose above $4 a gallon for the first time in over three years on Monday (30 March), according to GasBuddy data, as the U.S.–Israeli war with Iran continued to roil global energy markets.
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