Europe's most senior financial regulator has hit back at "rearguard lobbying" by the hedge fund and private equity industries, saying he "will not be intimidated" by an attempt to undermine a deal to regulate the industry for the first time.
Deutsche Börse said it would take the European Commission to court to try to overturn its decision last month to block its tie-up with NYSE Euronext, in what would have been the world's largest exchange deal.
Cisco Systems is to appeal against the European Union's regulatory clearance of Microsoft's takeover of Skype, it has announced, citing concerns that the new entity will dominate video calling to the detriment of the wider market.
Nine days after New York State Attorney General Andrew Cuomo made public emails to, from, and about current and former Intel CEOs Paul S. Otellini and Craig Barrett, Intel settled a four-year-old antitrust case that semiconductor rival AMD had filed against it.
A radical reshaping of Europe's patchy system of financial supervision moved a step closer on Wednesday when the European Commission unveiled legislation which officials hope will guard against a repeat of last year's financial crisis.
The election of 736 members from 27 member countries to the European Parliament in June will be the biggest transnational electoral contest there has ever been. Between them they will represent more than 500,000,000 people.
The European Commission handed down its ruling in a landmark anti-trust case against Intel Wednesday, fining the computer chip giant a record $1.45 billion for abusing its dominant position in the computer processing unit (CPU) market.
With its record $1.45 billion fine levied against Intel for allegedly anticompetitive activities, the European Commission -- the executive arm of the European Union -- is again showing its appetite for taking on and punishing big American companies.
The European Commission has expanded an informal probe into whether the licensing strategies of two rival groups of DVD developers are anti-competitive by seeking information from film studios, the EU executive said.
European Union veterinary experts have backed plans to boost surveillance of migratory birds and impose stricter bans on imports as officials desperately tried to find ways to curb the spread of deadly bird flu on the continent.
European Union leaders have overcome their differences to agree to the bloc's first constitution and must now push ahead with their search for a compromise candidate to be the next European Commission president.
The property deal that enabled Real Madrid to clear debts of $326 million and buy players such as David Beckham and Zinedine Zidane is being investigated by the European Commission and the Spanish government.
Technology stocks on Monday posted their highest close in 2-1/2 years as investors counted on upcoming earnings results of companies ranging from Yahoo! to Apple Computer, slated for release later in the week.