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HuaweiSYDNEY- The euro eased to fresh one-week lows against the dollar on Monday, extending a broad pullback started late last week when worries about Europe’s debt crisis saw Spanish bonds come under renewed pressure.
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WASHINGTON - Google Inc faces a $25,000 fine for impeding a U.S. investigation into the Web search leader’s data collection for its Street View project, which allows users to see street level images when they map a location.
LONDON - India’s Tata Steel plans to invest up to 800 million pounds ($1.3 billion) in its facilities in Wales over the next five years, the First Minister of Wales, Carwyn Jones, said in a statement, after returning from a visit to India.
DUBAI — Saudi Arabia’s shares slumped the most in almost eight months on investor concern that oil prices may retreat amid signs the global economic recovery is slowing.
The rupee has come under renewed pressure, weakening to a three-month low of 51.6 to a dollar before edging up. Analysts say dollar is unlikely to slip below Rs50 anytime soon.
Sony has little chance of winning back its reputation as an innovator or vaulting ahead of stronger rivals with the “ordinary” turnaround plan its new chief unveiled last week, analysts said.
Huawei, a leading global information and communications technology (ICT) solutions provider, has made a successful foray into the UAE smartphone market by introducing its flagship models in the emirate, its senior official said.
Britain’s kept its AAA grade with a stable outlook at Standard & Poor’s as the ratings company disagreed with Moody’s Investors Service and Fitch Ratings on the risks to the government’s ability to pay its debts.
Singapore’s central bank tightened its monetary policy Friday by allowing for a stronger currency to combat the island’s stubbornly high inflation rate.
Google improved its short-term finances even as it seeks to preserve its long-term interests.
