MADRID (Reuters) - Facebook has been fined 1.2 million euros ($1.4 million) for allegedly collecting personal information from users in Spain that could then be used for advertising, the national data protection watchdog said on Monday. The fine stemmed from an investigation into the social net...

BRUSSELS (Reuters) - Google said on Monday it had launched an appeal against the European Commission’s decision to fine it a record 2.4 billion euro ($2.9 billion) for favoring its shopping service in internet searches. The Commission said on June 27 that Google had abused its dominance in Eur...

LONDON (Reuters) - From Brazilian gospel to Puerto Rican reggaeton and Dutch hip-hop, music streaming company Deezer is scouring the globe for gaps in the market where it can survive and thrive against Spotify and Apple. The French firm has little hope of success going toe-to-toe with its far bigger...

SHANGHAI/BEIJING (Reuters) - China’s largest bitcoin exchanges are awaiting clarification from the government following more media reports that Beijing is planning to ban trading of virtual currencies on domestic exchanges, but markets were largely subdued on Monday. Spokeswomen for the OkCoin...

JERUSALEM (Reuters) - Israel and China have signed a $300 million trade agreement meant to boost the export of Israeli environmental-friendly energy and agricultural technologies to China, Israel’s Finance Ministry said on Monday. Foreign Minister Moshe Kahlon was in Beijing to sign the &ldquo...

TOKYO/HONG KONG (Reuters) - U.S. hedge fund Elliott Management Corp said on Monday it has a stake of just over 5 percent in Hitachi Kokusai Electric (6756.T), further complicating a stalled bid by U.S. buyout firm KKR & Co LP (KKR.N) to acquire the company. KKR agreed in April to buy the chip ma...

BEIJING (Reuters) - Apple Inc (AAPL.O) will launch an expected “iPhone 8” on Tuesday, hoping the number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market after six quarters of falling sales. Chinese shoppers, however, a...

LONDON (Reuters) - Vodafone said it would spend about 2 billion euros ($2.4 billion) to provide around 13.7 million new ultrafast broadband connections to homes and businesses by the end of 2021 in Germany, its biggest European market. The British company said on Monday the additional spending on it...

SHANGHAI (Reuters) - China’s new-energy auto firms saw shares surge in Monday morning trade, extending recent strong gains, after a government official said over the weekend that China had begun looking at a ban on traditional petrol-engine cars. Chinese electric-car maker BYD Co Ltd, backed b...

NEW DELHI (Reuters) - India’s aggressive push to electrify all new vehicles by 2030 is compelling auto part manufacturers and carmakers to draw up early plans for electrification, company executives said. A new auto policy is in the works and will include a roadmap for electric vehicles, a gov...

FRANKFURT (Reuters) - PSA Group will support newly acquired Opel introducing electric cars but the switch must be profitable for it to be successful, PSA Chief Executive Carlos Tavares told German paper Bild am Sonntag. Politicians and regulators across the globe are promoting electric cars after Vo...

PARIS (Reuters) - France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said in a joint letter. France is leading a push to clamp down on the taxation of such compani...

TOKYO (Reuters) - A group including Bain Capital and South Korea’s SK Hynix (000660.KS) has raised its offer for Toshiba Corp’s (6502.T) chip business to 2.4 trillion yen ($22.3 billion) including a 200 billion yen investment in infrastructure, sources familiar with the matter said. The ...

(Reuters) - U.S. electronics retailer Best Buy Co said on Friday it was pulling Kaspersky Lab’s cyber security products from its shelves and website, amid concerns that the firm may be vulnerable to Russian government influence. Best Buy felt there were "too many unanswered questions" and so d...

NEW YORK (Reuters) - Demand for exchange-traded funds that would provide exposure to cryptocurrencies like bitcoin is strong, but regulators will likely wait until the underlying market matures more before approving such products, a panel of securities industry experts said on Friday. The U.S. Secur...

MONTREAL (Reuters) - The United Nations’ aviation agency is backing the creation of a single global drone registry, as part of broader efforts to come up with common rules for flying and tracking unmanned aircraft. While the International Civil Aviation Organization cannot impose regulations o...

(Reuters) - Apple Inc’s (AAPL.O) 11 foreign lawsuits against Qualcomm Inc (QCOM.O) can proceed while the company’s dispute plays out in the United States, a U.S. federal judge in San Diego ruled Sept. 7. Qualcomm and Apple are facing off in federal court over Qualcomm’s licensing f...

(Reuters) - About two-thirds of American adults are getting “at least some of their news on social media” with two-in-ten doing so often, according to a Pew Research Center survey this week. About 67 percent of American adults somewhat rely on social media platforms such as Facebook Inc,...

(Reuters) - Equifax Inc (EFX.N) faced a storm of criticism on Friday over a hack that may have compromised personal data for some 143 million Americans, with customers clamoring for answers and cyber security experts questioning the response to the massive breach. Lawmakers also joined the chorus, s...

NEW YORK (Reuters) - Bitcoin fell sharply on Friday after a report from a Chinese news outlet said China was planning to shut down local crypto-currency exchanges, although analysts said this was just a temporary setback. Sources close to a cross regulators committee that oversees online finance act...