EU slaps Google with record fine of $2.72b
Brussels: European regulators fined Google a record 2.42 billion euros ($2.72 billion) for abusing its dominance of the online search market in...
Phillips to acquire Spectranetics for $2.2b
The Hague: Dutch electronics and health care technology company Philips says it has an agreement to buy The Spectranetics Corporation in a...
Asian stocks slump while Euro rallies
Tokyo: Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare...
Major cyberattack cripples banks and corporations globally
Paris: A new and highly virulent outbreak of data-scrambling software — apparently sown in Ukraine — caused disruption across the world Tuesday....
Qatar says it can survive economic and diplomatic blockade
Washington: Faced with a sweeping set of demands, Qatar insisted Friday it can indefinitely survive the economic and diplomatic steps its neighbors...
Investors pressure forces Uber CEO Kalanick to resign
Uber CEO and co-founder Travis Kalanick resigned Tuesday under pressure from investors.
"I love Uber more than anything in the world and at...
Gulf crisis puts $2b deals into jeopardy: Qatar
DOHA: The political crisis in the Gulf is putting at risk business deals worth $2 billion in Arab countries that have cut...
Gulf neighbors blockade will “leave a lasting wound” says: CEO Qatar airways
Paris: The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting...
Amazon acquires Whole Foods in $13.7b deal
New York: Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole...
Facebook to deploy AI capabilities in combating terrorism on its network
San Francisco: Facebook has started deploying its artificial intelligence capabilities to help combat terrorists' use of its service.
Company officials said in a blog...
Qatar’s migrant workers on Gulf crisis frontline
Doha: Ajit, an Indian electrician, is just seven months into his new job but right now he is a worried man, like...
Energy market seen as vulnerable to prolonged Gulf crisis
Kuwait City: While the Gulf's bitter diplomatic crisis is unlikely to affect energy prices in the short term, a prolonged rift that...
Global stocks pressured by report on Trump probe, Fed hike, soft U.S. data
Tokyo: U.S. stock futures and Asian shares slid on Thursday, hit by soft U.S. economic data, a relatively hawkish Fed and a...
End of an era for Yahoo as Verizon completes $4.48b acquisition
New Jersey: Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa...
A look at the impact of the pound’s fall around the world
Drop in the pound makes it cheaper for people holding other currencies to visit Britain and shop there
LONDON: The drop in the...