Legal & Regulatory

EU regulators fine Infineon, Samsung, Philips 138 million euros

European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards.


Pakistan parliament backs embattled prime minister as crisis deepens

Pakistan's parliament threw its weight behind embattled Prime Minister Nawaz Sharif on Tuesday as a deepening crisis over violent protests demanding his resignation prompted fears of an army intervention.

Virgin Money eyes 2 billion pound stock market listing

Virgin Money [NRTRK.UL], the British financial services company partly owned by Sir Richard Branson, is in talks over a possible 2 billion pound ($3.32 billion) stock market listing as early as next month, Sky News reported on Sunday, citing people familiar with the matter.

EU regulators to decide on Facebook, WhatsApp deal by Oct. 3

European Union antitrust regulators will decide by Oct. 3 whether to clear world No. 1 online social network Facebook's $19 billion offer for mobile messaging startup WhatsApp, the European Commission said on Monday.


Latest News

A judge on Friday lifted a suspension on her order directing Microsoft Corp (MSFT.O) to turn over a customer's emails stored overseas to U.S. prosecutors, but the software company said it would not release any emails while it appeals the ruling.
Nearly two thirds of the French believe companies should be allowed exemptions to the country's 35-hour working week if they reach agreements with trade unions, two polls showed on Saturday.
Britain's CSR (CSR.L) has rebuffed an approach from Microchip Technology (MCHP.O), saying that the undisclosed price proposed by Microchip was not enough if its U.S. rival wants to bolster its role in the "Internet of Things" with the chipmaker's radio technology.
China's Dalian Wanda group and Tencent Holdings Ltd (0700.HK) said on Friday they would set up a 5 billion yuan ($814 million) e-commerce joint venture with Baidu Inc (BIDU.O), as the firms push into the high-growth e-commerce sector.
For a growing U.S. aging population, tracking heart health via a smartphone can mean the difference between life and death. This week, two Silicon Valley startups received a green-light from the U.S. Food and Drug Administration for mobile applications
Great Western Bancorp Inc, the U.S. subsidiary of National Australia Bank Ltd (NAB.AX), filed with U.S. regulators on Thursday for an initial public offering.
Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday.
Waddoup had retained in its ruling in favor of the Browns, whose lives as a man married to four wives has been played out on the small screen. The final ruling will still give way to procedural questions, including whether the Browns would seek compensation for damages following their move to Nevada, Deseret News said.
Asia Resource Minerals (ARMS) , the Indonesia-focused miner formerly known as Bumi Plc, needs to refinance its debts soon in order to survive, its accountants said on Thursday, as the firm posted a wider first-half underlying loss.
A family feud and employee revolt that tipped New England supermarket chain Market Basket into chaos ended late Wednesday with a deal to sell the company to its ousted CEO, Arthur T. Demoulas, according to a statement announcing the deal.
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