The record fine, about 4% of Alibaba’s 2019 China revenues, comes amid a crackdown on technology conglomerates and indicates that China's antitrust law enforcement on internet platforms has entered a new era after years of laissez-faire approach.
European Council President Charles Michel is suffering from bad nights due to his embarrassment over a seating arrangement incident at a meeting in Ankara this week, he told German newspaper Handelsblatt.
ROSE HALL, St Vincent and the Grenadines (Reuters) -La Soufriere volcano on the eastern Caribbean island of St. Vincent erupted on Friday after decades of inactivity, sending dark plumes of ash and smoke billowing into the sky and forcing thousands from surrounding villages to evacuate.
U.S. President Joe Biden asked Congress to sharply hike spending on climate change, cancer and underperforming schools, but his first budget wishlist on Friday drew howls of bipartisan concern over military spending.
A prosecutor said on Saturday that Italy's right-wing League leader Matteo Salvini should not be sent to trial over illegally detaining migrants in a case being considered by a court in the Sicilian city of Catania.
Wall Street is kicking off a crucial reporting season as U.S. companies provide quarterly results a year after the coronavirus pandemic crippled the economy and as investors look for reasons to support a stock market at record highs.
The European Union has suggested that it and the United States suspend tariffs imposed on billions of dollars of imports for six months, EU trade chief Valdis Dombrovskis was quoted as telling Germany's Der Spiegel on Saturday.
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