Alphabet Inc unit Google has launched a 60-day strategy to counter the European Union's push for tough new tech rules by getting U.S. allies to push back against the EU's digital chief and spelling out the costs of new regulations, according to a Google internal document.
The European Union's plan to rein in U.S. tech giants with new rules could cost the 27-country bloc as much as 85 billion euros (US$100.5 billion) in economic growth, Brussels-based think tank ECIPE warned.
Oil prices fell more than 5 per cent, sending Brent to a four-month low on Wednesday as surging coronavirus infections in the United States and Europe lead to renewed lockdowns and expectations that unsteady economic demand will worsen.
JetBlue Airways will continue limiting the number of seats it sells on each flight into the first quarter of 2021, when it will review a current policy of limiting capacity at 70per cent of the plane, Chief Executive Robin Hayes said in an interview on Wednesday.
When accountants at the federal Bureau of Economic Analysis release the latest U.S. gross domestic product report on Thursday, it may be the most fought-over piece of economic data since the measure of broad productive output came into common use in the 1940s.
Germany's anti-trust authority has launched an investigation into Amazon and Apple over possible anticompetitive behaviour, German Frankfurter Allgemeine Zeitung daily reported.
Tiffany & Co is nearing a revised deal to lower its takeover price by LVMH to US$131.50 per share, or US$3.50 less than what was agreed in last November, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Tiffany & Co is nearing a revised deal to lower its takeover price by LVMH to US$131.50 per share, or US$3.50 less than what was agreed in last November, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Tiffany & Co is nearing a revised deal to lower its takeover price by LVMH to US$131.50 per share, or US$3.50 less than what was agreed in last November, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
