Business

Portugal’s Aptoide says wins first court ruling against Google

LISBON (Reuters) – Portuguese app store Aptoide said on Monday a local court has ruled against Alphabet Inc’s Google, ordering it to stop removing Aptoide’s app from users’ mobile phones without their knowledge in a landmark case. FILE PHOTO: An illuminated Google logo is seen inside an office building in Zurich September 5, 2018. REUTERS/Arnd WIegmann/File Photo “This…is the first ...

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Oil little changed despite Saudi pledge to boost output

NEW YORK (Reuters) – Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia’s pledge to raise crude production to a record high, two weeks before U.S. sanctions potentially choke off Iranian supplies. FILE PHOTO: Pump jacks operate at sunset in an oilfield in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Saudi Energy Minister ...

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Linde-Praxair deal clears final hurdle with U.S. antitrust nod

FRANKFURT (Reuters) – Industrial gases groups Praxair and Linde won U.S. antitrust approval for their $86 billion merger on Monday, clearing the last hurdle for the deal in the nick of time. The Praxair logo is seen during a news conference with Linde in Munich, Germany, June 2, 2017. REUTERS/Michaela Rehle The all-share merger of equals will create an industry ...

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Exclusive: Aston Martin considers flying in components, changing ports to handle Brexit

LONDON (Reuters) – Aston Martin is considering flying in car components and moving more parts through UK ports other than Dover to avoid possible border friction after Britain leaves the European Union, its boss told Reuters. FILE PHOTO: An Aston Martin logo is seen on a car at a dealership in central London, Britain August 29, 2018. REUTERS/Henry Nicholls Chief ...

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FTC gives conditional approval to Praxair-Linde merger

(Reuters) – The U.S. Federal Trade Commission said on Monday that it will require Praxair Inc and Linde AG to divest assets in nine industrial gases product markets in United States, as part of a settlement that resolves charges that their proposed merger would likely be anticompetitive. The Praxair logo is seen during a news conference with Linde in Munich, ...

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Italy relief, hopes for China stimulus buoy global stocks

LONDON (Reuters) – European shares crept higher on Monday on relief over Italy’s budget, tracking rallies in Asia markets after China promised to provide stimulus to stabilize its economy and offset the impact of U.S. tariffs. Promises of tax cuts and coordinated official statements of support for stock markets in the world’s second-largest economy saw Chinese shares stage their biggest ...

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Global banks curb China travel after UBS banker stopped from leaving

HONG KONG (Reuters) – Global banks including Citigroup (C.N) and Standard Chartered (STAN.L) have asked their private banking staff to postpone or reconsider travel to China after authorities there prevented a UBS (UBSG.S) banker from leaving the country, sources said. FILE PHOTO – A paramilitary policeman watches a flag-raising ceremony at Tiananmen Square ahead of the opening session of the ...

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