Google handed setback as EU court upholds record fine
The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.
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Lufthansa back in private hands as govt sells rescue stake
Lufthansa said Wednesday the German state had sold the stake it took in the airline as part of a rescue package at the peak of the Covid pandemic, and booked a healthy profit in the process.
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Europe's battle with Big Tech: billions in fines and tough laws
The European Union is on a mission to rein in US tech giants, which have been accused of tax avoidance, stifling competition, raking in billions from news without paying for it and spreading misinformation.
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New-look Barcelona show positive signs in defeat to Bayern
Barcelona showed against Bayern Munich on Tuesday that the worst may be behind for them but have not yet managed to pull level with football’s elite in the quest for the Champions League glory.
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Queiroz returns 'home' to take up Iran post
Carlos Queiroz said he feels "at home" after he returned to Tehran on Wednesday to take charge of Iran for a third successive World Cup finals campaign.
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EU plans 'comprehensive reform' of electricity market
The EU plans a "deep and comprehensive" reform of the electricity market to cope with an energy crisis sparked by Russia's war in Ukraine, European Commission chief Ursula von der Leyen said Wednesday.
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Google loses appeal against record EU antitrust fine
The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.
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Health groups call for fossil fuel non-proliferation treaty
Around 200 health organisations and more than 1,400 health professionals on Wednesday called for governments to establish a binding international treaty on phasing out fossil fuels, which they said pose "a grave and escalating threat to human health".
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Asian stocks slump, tracking US losses after inflation report
Asian markets dropped on Wednesday, tracking losses in the United States and Europe as traders responded negatively to higher-than-expected US inflation data that raised fears of a prolonged period of interest rate hikes.
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Foxconn strikes $19.4 bn deal to make chips in India
Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.
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