A coordinated effort to create panic about the health of Bulgarias banking system has led the European Commission to extend a credit line of 3.3 billion lev ($2.3 billion USD). Bugarian President Rosen Plevneliev and other government leaders have sought to avert a crisis by emphasizing that all money stored with the countrys banking institutions is safe. […]
BRUSSELS (Reuters) – European Union antitrust regulators will decide by July 30 whether to clear Apple Incs $3 billion bid for music streaming and audio equipment company Beats, the European Commission said on Wednesday. IPhone maker Apple unveiled the deal last month, which will help it catch up in the fast-growing and lucrative music streaming […]
By Foo Yun Chee LUXEMBOURG (Reuters) – U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06-billion-euro ($1.44 billion) fine handed down by European Union antitrust regulators five years ago for blocking rival Advanced Micro Devices . The European Commission in its 2009 decision said Intel tried to thwart AMD by giving rebates […]
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