May 22, 2019

EU sees no compliance issues in Google shopping, rivals disagree

Europe’s antitrust chief said on Wednesday she did not see any problems with the way Google was complying with her order to boost competition in online […]
May 22, 2019

Status quo at Renault-Nissan must be changed: French finance minister

The current status quo regarding the alliance between French carmaker Renault and its Japanese partner Nissan cannot continue and must be changed as it is currently […]
May 22, 2019

U.S. judge rules Qualcomm practices violate antitrust law

Qualcomm Inc unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose excessive licensing fees, a U.S. judged ruled, sending […]
May 22, 2019

British Steel goes into liquidation after failing to secure loan

British Steel, the country’s second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain’s Official Receiver said on […]
May 22, 2019

British Steel owner Greybull: We worked hard to keep it alive

British Steel’s owner Greybull Capital said on Wednesday it had worked hard to keep Britain’s second largest steel producer alive but that the challenges of Brexit […]
May 22, 2019

UK has agreed an indemnity for British Steel receiver: PM May

Britain has granted an indemnity to the official receiver handling the collapse of British Steel, the country’s second largest steel producer, Prime Minister Theresa May said […]
May 22, 2019

Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries

Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google […]
May 22, 2019

British Steel is open to new buyers: UK business minister

British Steel, which was forced into liquidation on Wednesday after failing to secure an emergency government loan, is open to new buyers, business minister Greg Clark […]
May 22, 2019

Lowe’s cuts full-year profit forecast as higher costs hurt first quarter

Lowe’s Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch up with larger […]
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