Skip to content

Tag Archives: European Commission

Overnight Market News – September 14, 2009

14-Sep-09

European Commission Forecasts Euro Region Exiting Recession in Current Quarter on Stimulus Efforts President Barack Obama to Speak Today to Encourage Congress to Approve Regulatory Overhaul of the Financial Sector a Year after Lehman Brothers Holdings Inc Bankruptcy Filing Chevron Corp and Partners Approve Development of Gorgon Liquefied Natural Gas (LNG) Venture in Australia Russia [...]

EC Fines Intel For Illegal Practices

14-May-09

The European Commission (EC) sent a strong message to the world yesterday, as it fined Intel Corp. a record EUR 1.06B for using illegal practices to maintain market dominance. Though Intel is appealing the ruling, which also orders it to halt these tactics, things do not look good for the world’s biggest chipmaker which paid [...]

Financial News Summary – May 13, 2009

13-May-09

- European Commission Fines Intel Corp EUR 1.06B – US Retail Sales Fall For Second Straight Month in April – Japan’s Current Account Surplus Contracts By Record 48.8%