France fines Google 500 million euros over copyright row

Paris: France’s antitrust watchdog slapped a 500 million euro ($593 million) fine on Alphabet’s Google on Tuesday for failing to comply with the regulator’s orders on how to conduct talks with the country’s news publishers in a row over copyright. The fine comes amid increasing international pressure on online platforms such as Google and Facebook […]

Spike in US inflation rattles global markets

Dubai: Asian shares fell on Wednesday after data showing the biggest jump in US inflation in 13 years fuelled some market expectations that the Federal Reserve could exit pandemic-era stimulus earlier than previously thought. Asian markets were mostly lower on Wednesday, tracking a decline on Wall Street as investors weighed the latest quarterly earnings reports from big […]