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Thursday, August 25, 2011 12:05 AM PDT

Today's Reuters Business News Headlines - Yahoo! News: Gold loses more shine after CME margin hike Diageo beats forecasts despite fragile economies Glencore H1 profit up 50 percent, meets forecasts German consumers downbeat on global recession worries: GfK Analysis: Jobs move cracks door open for Apple rival Samsung Steve Jobs quits as Apple CEO, Cook takes over Samsung gets boost from Dutch court, Jobs resignation Analysis: China's telecom patent boom heralds innovation era Hulu seen drawing bids from Yahoo, others: sources Instant view: Apple CEO Jobs resigns, Cook to take over Argentina taps Canadian firm to revamp nuclear plant Factbox: Apple's history and milestones Text: Letter from Steve Jobs resigning as Apple CEO Starbucks CEO:100+ leaders to stop political gifts Talent agency CAA mulls Silicon Valley office Gold loses more shine after CME margin hike Wed,24 Aug 2011 11:42 PM PDT Reuters - SINGAPORE (Reuters) - Gold fell more than 1 percent on Thursday, extending the previous session's losses, after the CME Group raised trading margins by the most in over two and a half years to curb volatility in bullion that had surged to dizzying heights. Full Story Top Diageo beats forecasts despite fragile economies Wed,24 Aug 2011 11:37 PM PDT Reuters - LONDON (Reuters) - Diageo Plc , the world's biggest spirits group, beat forecasts with a 16 percent rise in annual earnings and despite a fragile global economy set targets for 10-percent plus earnings growth going forward. Full Story Top Glencore H1 profit up 50 percent, meets forecasts Wed,24 Aug 2011 11:33 PM PDT Reuters - LONDON (Reuters) - Commodities trader Glencore met forecasts with a 50 percent rise in first-half profit thanks to rising commodity prices and rosy oil trading conditions in the first months of the year, and said it remained optimistic on global growth. Full Story Top German consumers downbeat on global recession worries: GfK Wed,24 Aug 2011 11:31 PM PDT Reuters - BERLIN (Reuters) - German consumer sentiment fell slightly going into September, a survey showed on Thursday, hitting a 10-month low as the euro zone debt crisis and fears of another recession in Europe and the United States weighed on consumer expectations. Full Story Top Analysis: Jobs move cracks door open for Apple rival Samsung Wed,24 Aug 2011 11:20 PM PDT Reuters - SEOUL (Reuters) - The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world. Full Story Top Steve Jobs quits as Apple CEO, Cook takes over Wed,24 Aug 2011 10:06 PM PDT Reuters - SAN FRANCISCO/LOS ANGELES (Reuters) - Steve Jobs resigned as CEO of Apple Inc on Wednesday and passed the reins to his right-hand man Tim Cook, saying he could no longer fulfill the duties in a bombshell announcement that raised fears his health has deteriorated further. Full Story Top Samsung gets boost from Dutch court, Jobs resignation Wed,24 Aug 2011 08:36 PM PDT Reuters - SEOUL (Reuters) - Samsung Electronics shares rose sharply on Thursday, amid a rally in South Korean large cap stocks and analysts said it received a boost from a Dutch patent ruling and the decision by Apple's Steve Jobs to step down. Full Story Top Analysis: China's telecom patent boom heralds innovation era Wed,24 Aug 2011 07:32 PM PDT Reuters - SINGAPORE (Reuters) - China's telecom giants are building up a war-chest of patents to help give them an edge in the legal battles raging between the world's smartphone makers, aided by Beijing's push to transform the country from workshop to innovator. Full Story Top Hulu seen drawing bids from Yahoo, others: sources Wed,24 Aug 2011 07:07 PM PDT Reuters - NEW YORK (Reuters) - The deadline for initial bids in the auction for Hulu was extended from Wednesday until the end of the week to allow interested parties more time to examine the online video site's financial information, according to people familiar with the situation. Full Story Top Instant view: Apple CEO Jobs resigns, Cook to take over Wed,24 Aug 2011 06:37 PM PDT Reuters - NEW YORK (Reuters) - Steve Jobs resigned as Apple Inc Chief Executive on Wednesday, without specifying a reason. Full Story Top Argentina taps Canadian firm to revamp nuclear plant Wed,24 Aug 2011 05:19 PM PDT Reuters - BUENOS AIRES (Reuters) - Argentina signed contracts worth $444 million on Wednesday with a subsidiary of SNC-Lavalin Group , Canada's top engineering firm, to extend the shelf-life of its Embalse nuclear plant. Full Story Top Factbox: Apple's history and milestones Wed,24 Aug 2011 04:59 PM PDT Reuters - (Reuters) - Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move that ended his 14-year reign at the technology giant he co-founded in a garage. Full Story Top Text: Letter from Steve Jobs resigning as Apple CEO Wed,24 Aug 2011 03:56 PM PDT Reuters - (Reuters) - Following is a letter from Steve Jobs who resigned on Wednesday as chief executive officer of technology giant Apple Inc: Full Story Top Starbucks CEO:100+ leaders to stop political gifts Wed,24 Aug 2011 02:47 PM PDT Reuters - CHICAGO (Reuters) - Starbucks Corp Chief Executive Howard Schultz on Wednesday said that more than 100 U.S. business leaders have signed on to his call to withhold political contributions from lawmakers until they strike a bipartisan debt deal. Full Story Top Talent agency CAA mulls Silicon Valley office Wed,24 Aug 2011 02:46 PM PDT Reuters - NEW YORK (Reuters) - Creative Artists Agency, the largest talent representation firm in Hollywood, is considering opening an office in Silicon Valley to expand ties with the technology community, according to two people familiar with the firm's plans. Full Story Top

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