European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year.
The European Commission imposed the 376.4 million-euro fine after a court threw out an original 1.06 billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based company used illegal sales tactics to shut out smaller rival AMD.
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British competition regulators gave preliminary approval Friday to Microsoft's restructured $69 billion deal to buy video game maker Activision Blizzard, easing a final global hurdle that paves the way for one of the largest tech transactions in history to go through.
The Competition and Markets Authority said the revamped proposal "substantially addresses previous concerns" about stifling competition in the fast-growing cloud gaming market, which frees players from buying expensive consoles and gaming computers by streaming to tablets, phones and other devices.
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Shares in Europe were mostly lower Friday after mixed trading in Asia following a broad retreat on Wall Street driven by worries over interest rates.
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Singapore police say they have uncovered more luxury watches, gold bars and other assets from a massive money laundering scheme that was busted last month, bringing the total amount of assets seized or frozen to 2.4 billion Singapore dollars ($1.75 billion).
The police had launched further operations related to a group of foreign nationals suspected to be involved in laundering the proceeds of their organized criminal activities, including scams and online gambling, police said in a statement on Wednesday.
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Poland has said it will no longer arm Ukraine and instead focus on its own defense, as the two allies clashed at a key moment in Kyiv's fightback against invasion by Russia.
In a mounting row over grain exports from Ukraine, Poland summoned the Ukrainian ambassador to protest remarks at the U.N. by President Volodymyr Zelensky.
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Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve.
Japan's Nikkei 225 fell 0.1% in morning trading to 33,200.34. Australia's S&P/ASX 200 slipped 0.6% to 7,152.70. South Korea's Kospi edged down 0.1% to 2,556.20. Hong Kong's Hang Seng dipped 0.4% to 17,932.24, while the Shanghai Composite shed 0.3% to 3,115.10.
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Leading Chinese planners voiced confidence on Wednesday in the outlook for the world's second-largest economy, holding key interest rates steady amid signs of improvement in some areas such as services.
The upbeat tone of officials speaking at a news conference in Beijing was in contrast to forecasts by the Asian Development Bank and the Organization for Economic Cooperation and Development, which say weakness in the Chinese economy are expected to further dent global and regional growth.
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Inflation across the U.K. fell unexpectedly in August to its lowest level since Russia launched its invasion of Ukraine, raising hopes that the Bank of England may pause interest rate hikes after another one on Thursday.
The Office for National Statistics said Wednesday that price rises, as measured by the consumer prices index, moderated to 6.7% in the year to August, down from 6.8% in July. The decline took inflation to its lowest level since February 2022, when Russia's invasion of Ukraine led to soaring energy and food prices.
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The U.S. has imposed sanctions on seven people and four companies in China, Russia and Turkey who officials allege are connected with the development of Iran's drone program.
The U.S. accuses Iran of supplying Russia with drones used to bomb Ukrainian civilians as the Kremlin continues its invasion of Ukraine.
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For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports.
Jobs were plentiful, the government's financial coffers grew as other European countries drowned in debt, and books were written about what other countries could learn from Germany.
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