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.
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.
EasyJet has the flexibility to convert more of an order for Airbus A320 planes into larger A321neos, the chief executive of the British low-cost airline said on Wednesday.
Alphabet Inc’s Google is expected to be fined a record 4.3 billion euros ($5.00 billion) by the European Union over its Android system, Bloomberg reported on Wednesday.
The U.S.-driven trade war has become the biggest “confidence killer” for the global economy, China’s foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be “wilful”.
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.
China’s foreign ministry said on Wednesday that a U.S. trade war has become the biggest “confidence killer” for the global economy, and that the whole world would fight back if the United States continued to impose tariffs.
Bolstered by a strong second-quarter, CEO Vas Narasimhan said he expects Novartis to hit the top of its 2018 sales guidance despite joining rival Pfizer in freezing U.S. drug prices for the rest of the year.
European planemaker Airbus said on Wednesday that supplier Pratt & Whitney was catching up on engine delays and there would be an improvement especially in the second half of the year.
Asian share markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.
Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country’s importance to the ride-hailing firm as it faces new competition.
Advanced Micro Devices (NASDAQ:AMD) has been on fire since its last earnings report in late April. While AMD stock wasn’t trading at its absolute lows when it reported, it was pretty close. Anyway, the quarter helped propel shares from roughly $10 to more than $16 currently.10 Dow Jones Titans to Buy Now …read more […]
Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.
China’s aviation regulator will cut flights by Air China’s Boeing 737 fleet by 10 percent and cancel the licenses of the pilot and co-pilot involved in an emergency descent last week, Chinese state television said on Wednesday.
Despite a massive backlog of Model 3 reservations, Tesla is having trouble finding customers for the premium Model 3 variants that it can actually build profitably. …read more […]
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