European Competition Commissioner (ECC) Margrethe Vestager has become a target of the US media for ongoing cases against Google, Apple, Amazon and Starbucks. European antitrust chief Vestager clarifies that there's no role of nationality of companies in antitrust cases. Not only Amercian companies, but also several frims from different nations are facing charges in anticompetition, cartelling cases, etc.

Oct 04, 2015 10:03 PM EDT

Air France will cut nearly 3,000 jobs starting Monday. Reports say this is due to the airline's proposal that was rejected by the pilot unions.

Oct 04, 2015 09:55 PM EDT

Four major French telecom groups had submitted their application to enter the low-spectrum airwaves bidding set to be held this November. The auction will see the government raising a substantial amount from the tangible assets.

Oct 04, 2015 09:34 PM EDT

The court had ruled out that Exxon Mobil is required to pay a total of $2.63 million in fine. The company is found guilty of committing several offences according to the final report released by the Pipeline and Hazardous Safety Administration.

Oct 04, 2015 07:11 PM EDT

Google invited some media personnel a ride to the driverless car. The executives said they are currently listing partners to build the car.

Oct 04, 2015 07:07 PM EDT

Amazon will no longer sell Apple TV and Google Chromecast by the end of the month. While the online retailer says it is meant to avoid customer confusion, analysts see it as an attempt to favor its own products.

Oct 04, 2015 09:08 PM EDT

Microsoft and Google had agreed to drop their lawsuit accusation for an undisclosed amount. The five years bitter court rival saw both companies agreed to work together regarding intellectual property and they even form a coalition with other tech giants.

Oct 04, 2015 07:02 PM EDT

Brazilian oil and gas company Petrobras' price estimate has been revised lower amid continuous oil price drop, low net realizations per barrel in upstream and downstream operations and S&P downgrade are impacting the company in a negative way.

Oct 04, 2015 09:01 PM EDT

After witnessing flat sales in mobile devices in the second quarter, LG Electronics has decided to launch a series of new smartphones from low end to mid-range to high-end segments. By launching new mobiles continuously, LG hopes to improve sales performance.

Oct 02, 2015 04:46 AM EDT

Around 1 million drones are expected by the FAA to be sold this holiday season. The authorities fear it could have been misused.

Oct 02, 2015 02:32 AM EDT

The uncertainty over US data and timing of interest rate hike put further pressure on Asian stocks. Investors are looking to US jobs data to be announced on Friday for positive triggers that can boost the markets.

Oct 02, 2015 02:28 AM EDT

The third quarter ending September recorded worst performance on Wall Steet since 2011 as Dow Jones and other indices fell over 10 percent. Market analysts say that it was a much-needed correction for the US stocks after continuously rose for 1,326 days.

Oct 02, 2015 02:04 AM EDT