Trading Ideas
Google confirms it will appeal $5 billion EU antitrust fine
Google has confirmed the expected, that it will indeed appeal the record $5 …read more […]
Month: July 2018
Business News
Exclusive: Canada housing agency pushes for better income checks to catch fraud
Canada’s housing agency has asked the country’s tax authority to take a “more direct and formal role” verifying income claimed on mortgage applications, part of a two-year plan to tackle mortgage fraud, documents obtained by Reuters show.
Trading Ideas
Ala. congresswoman wins runoff turning on loyalty to Trump
U.S. Rep. Martha Roby won Alabama’s Republican runoff, fighting through lingering fallout from her years-old criticism of then-candidate Donald Trump in a midterm contest that hinged on loyalty to the GOP president. The four-term incumbent will now represent the GOP on the November ballot having defeated Bobby Bright, a former Democrat who tried to cast himself as the more authentic Trump ally in the low-turnout Republican contest. The Trump White House was on Roby’s side. …read more […]
Business News
Morgan Stanley beats estimates on higher trading revenue
Morgan Stanley reported a better-than-expected quarterly profit on Wednesday, driven by gains in its fixed income and equities trading businesses, sending its shares up 3.3 percent.
Business News
Stocks hit one-month high, dollar puts squeeze on gold
World stocks hit a one-month high on Wednesday as a bullish outlook from the head of the U.S. central bank and rising company earnings buoyed the mood, lifted the dollar and sent safe-haven gold to a one-year trough.
Business News
Google hit with record $5 billion EU antitrust fine
EU regulators hit Google with a record 4.34 billion euros ($5 billion) antitrust fine on Wednesday for using its Android mobile operating system to squeeze out rivals.
Business News
Google says will appeal EU fine
Google said it will appeal against a record 4.34-billion-euro ($5.04 billion) fine levied by EU antitrust regulators on Wednesday over illegal restrictions on Android smartphone makers and mobile network operators.
Business News
Uber hires former adviser to David Cameron to lead lobbying in northern Europe
Uber Technologies has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm’s lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London.
Business News
EU regulators fine Google record $5 bln in Android case
EU antitrust regulators levied a record 4.34-billion-euro($5.04 billion) fine against Google on Wednesday for illegal restrictions on Android smartphone makers and mobile network operators.
Business News
VietJet Air, Boeing announce MoU for 100 737 MAX planes
Vietnamese budget airline VietJet Air and Boeing Co said on Wednesday they had reached a provisional agreement for 100 Boeing 737 MAX airplanes.
Business News
Novartis joins Pfizer in halting U.S. drug price hikes
Novartis expects to hit the top of its 2018 sales guidance after a strong second quarter, the CEO said, despite joining Pfizer in freezing its U.S. drug prices for the rest of the year following pressure from President Donald Trump.
Business News
EU to fine Google record 4.3 billion euros over Android: source
The European Commission will fine Google a record 4.3 billion euros ($5 billion) on Wednesday over its Android mobile operating system, a source close to the matter told Reuters.
Business News
Dollar’s advance puts squeeze on gold, Brexit and BoE blues sink sterling
The world’s major stock markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted bond yields and sent safe-haven gold to a one-year trough.
Business News
EU to hit Google with 4.3 billion euro fine in Android case: source
EU antitrust regulators will on Wednesday levy a 4.3-billion-euro ($5 billion) on Google for using its dominant Android mobile operating system to block rivals, a person familiar with the matter said.
Business News
Keep ThyssenKrupp whole, German minister urges
German Labor Minister Hubertus Heil said he was increasingly concerned about the situation at submarines-to-elevators conglomerate ThyssenKrupp after it lost its top officials under pressure from shareholders to restructure.