The European Commission claimed yesterday that it had saved the economy from the "perverse effects" of a multi-billion-euro merger that would have forged the world's largest stock exchange.EU competition chief Joaquin Almunia said Brussels had shot down
Banco Santander and Banco Bilbao Vizcaya Argentaria were among 15 Spain-based financial firms downgraded by Standard & Poor's after the credit-ratings agency reduced the nation's grade last month. Santander, Spain's biggest bank, was lowered to A+ from A
SAMSUNG is being probed by European Union anti-trust regulators over the licensing of patents to other mobile-phone manufacturers.The European Commission has said it will investigate whether Samsung broke a 1998 commitment to license any standard essenti
THE eurozone remains at risk of collapse or of losing one of its members to a default, a prominent Irish banker and former EU commissioner has warned.Peter Sutherland, chairman of Goldman Sachs International and outgoing head of the European Policy Centr
Deutsche Boerse and NYSE Euronext have extended the deadline for completion of their planned merger to March 31 next year as they seek to convince European regulators to back the $9bn (€6.9bn) deal.The exchanges, which agreed the merger on February 14, t
THE Government has promised to implement fresh measures to open the banking sector up to new entrants, including getting bailed-out banks to offer "certain services" to newcomers, as a trade-off for the massive state aid they have gotten.Details of the n
THE EU has said it will extend emergency rules for bank bailouts and guarantees as the sovereign debt crisis continues to eat away at lenders' solvency.The bloc's competition chief Joaquin Almunia said yesterday that the rules would apply at least until
Microsoft confirmed to ReadWriteWeb this morning that the formal competition... Full Article at ReadWriteWeb
Microsoft filed a formal antitrust complaint against Motorola Mobility this... Full Article at The Register
Feb. 22 (Bloomberg) -- Microsoft Corp. filed a complaint with European Union... Full Article at BusinessWeek
Apple has lodged a complaint with the European Commission over Motorola... Full Article at The Register
(Updates with company comment in fifth paragraph.) Feb. 17 (Bloomberg) -- Motorola... Full Article at BusinessWeek
(Updates with company comment in fifth paragraph.) Feb. 17 (Bloomberg) -- Motorola... Full Article at BusinessWeek
Sir Richard Branson: The bmi merger plan will give BA monopoly on Scottish... Full Article at The Daily Record
The Pope faces a $789 million yearly tax bill after the Italian government... Full Article at Drudge ReTort: Red Meat for Yellow Dogs