Facebook and Google logos Peter Foley / Bloomberg | fake pictures Google and Facebook may be forced to pay Australian news publishers to distribute their content, in a landmark regulatory move by the country’s competition regulator. Australia’s Competition and Consumer Commission was tasked with the government earlier this year to …
Read More »
Caterpillar Inc. excavators are on display for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, USA on Monday, January 27, 2020. Luke Sharrett | Bloomberg | fake pictures Industrial machinery manufacturer Caterpillar said Friday that lower costs and priority spending helped it offset a $ 1.4 billion decrease …
Read More »
European stocks traded higher on Friday morning as investors monitored corporate earnings and economic data in the last trading session of the month. The pan-European Stoxx 600 Index rose 0.35% with tech and bank stocks leading the way. BNP Paribas reported a decrease in net income of around 7% for …
Read More »
New Nokia President and CEO Pekka Lundmark (C) shakes hands with President and Chief Executive Officer Rajeev Suri after a press conference at Nokia headquarters in Espoo, Finland on 2 March 2020. Markku Ulander | Lehtikuva | AFP via Getty Images Nokia saw earnings rise 22% to 316 million euros …
Read More »
Billions of dollars in tech revenue is at risk across Asia Pacific due to the latest U.S. restrictions on Chinese smartphone maker Huawei, the rating agency Standard and Poor’s said in a report this week. President Donald Trump’s administration introduced a new rule in May That requires foreign companies that …
Read More »