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  • EBay supports Google over Brussels antitrust probe: FT

    EBay supports Google over Brussels antitrust probe: FT

    EBay Inc Chief Executive John Donahoe has supported arguments made by Google Inc in its defense in an antitrust case, saying the two companies are direct competitors in online shopping, the Financial Times reported.

  • India's Ratan Tata buys stake in Chinese phone maker Xiaomi

    India's Ratan Tata buys stake in Chinese phone maker Xiaomi

    Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.

  • Alibaba, China Telecom tie up to sell phones

    Alibaba, China Telecom tie up to sell phones

    Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.

  • Nokia denies return to phone manufacturing

    Nokia denies return to phone manufacturing

    Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones.

  • SEC's stock market reform club locks out retail brokers

    SEC's stock market reform club locks out retail brokers

    The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group will be conspicuously absent: retail brokerages.

  • More central banks meet, but ability to pilot economies in doubt

    More central banks meet, but ability to pilot economies in doubt

    Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much.

  • Deutsche Bank first-quarter profit falls by half as legal charges bite

    Deutsche Bank first-quarter profit falls by half as legal charges bite

    Deutsche Bank's (DBKGn.DE) earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal charges eroded gains in investment banking revenue, while it prepares to unveil details of a strategic overhaul.

  • Asian shares inch up; focus on central banks, Greece

    Asian shares inch up; focus on central banks, Greece

    Asian shares scaled seven-year highs following stellar earnings from a few U.S. hi-tech giants, but investors were cautious ahead of central bank meetings this week in the U.S. and Japan and on deadlock in creditors' talks with Greece.

  • McCain urges shifting drone program to Pentagon

    McCain urges shifting drone program to Pentagon

    Drone strikes against suspected enemy combatants on foreign soil should be run by the U.S. military and not the CIA, Senate Armed Services Committee Chairman John McCain said on Sunday.

  • Republican presidential contenders woo evangelical voters

    Republican presidential contenders woo evangelical voters

    Republican presidential hopefuls in Iowa and elsewhere have recently begun sounding a call to arms to Christian conservatives, describing what they say is an urgent threat to religious liberty.

  • Clinton Foundation admits making mistakes on taxes

    Clinton Foundation admits making mistakes on taxes

    The Clinton Foundation's acting chief executive admitted on Sunday that the charity had made mistakes on how it listed government donors on its tax returns and said it was working to make sure it does not happen in the future.

  • Kerry, Iran's Zarif to meet at UN anti-nuclear arms conference

    Kerry, Iran's Zarif to meet at UN anti-nuclear arms conference

    Iranian Foreign Minister Mohammad Javad Zarif will meet U.S. Secretary of State John Kerry at the opening of a UN conference on the global anti-nuclear weapons treaty on Monday, as they try to make progress in talks on a long-term atomic deal.

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