Applied Optoelectronics Reaches Settlement In Patent Infringement Dispute Against Molex

RTTNews | 137 days ago
Applied Optoelectronics Reaches Settlement In Patent Infringement Dispute Against Molex

(RTTNews) - Applied Optoelectronics, Inc. (AAOI) announced Friday that it has settled its patent infringement dispute and related litigation against Molex, LLC on mutually satisfactory terms.

The details regarding the confidential settlement agreement were not disclosed.

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Australian Dollar Rises As RBA Holds Interest Rate At 13-Year High

Australian Dollar Rises As RBA Holds Interest Rate At 13-Year High

The Australian dollar strengthened against other major currencies in the Asian session on Monday, after Australia central bank maintained its interest rate for the eighth straight session at a 13-year high, as underlying inflation remains too high.
RTTNews | 5h 43min ago
Australia Holds Interest Rate At 13-Year High

Australia Holds Interest Rate At 13-Year High

Australia central bank maintained its interest rate for the eighth straight session at a 13-year high on Tuesday as underlying inflation remains too high. The policy board of the Reserve Bank of Australia governed by Michele Bullock decided to hold the cash rate target at 4.35 percent. The bank had previously changed its rate in November 2023, when it was lifted by 25 basis points.
RTTNews | 6h 50min ago
European Economic News Preview: UK Final Services PMI Data Due

European Economic News Preview: UK Final Services PMI Data Due

Final services Purchasing Managers' survey from the UK and unemployment from Spain are due on Tuesday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE is slated to issue industrial production for September. Economists forecast output to fall 0.5 percent on month, in contrast to the 1.4 percent increase seen in August.
RTTNews | 7h 38min ago
Sensex, Nifty Extend Losses For Second Day

Sensex, Nifty Extend Losses For Second Day

Indian shares traded lower for a second straight session on Tuesday due to persisting Middle East tensions and uncertainty surrounding the closely contested U.S. presidential election.
RTTNews | 8h 24min ago