Google loses fight against record US$4.95 billion EU antitrust fine

Google loses fight against record US.95 billion EU antitrust fine

The ruling confirms Google Search’s abuse of a dominant position in the context of the Android operating system Published Thu, Jul 2, 2026 · 04:45 PM [BRUSSELS] Alphabet’s Google on Thursday (Jul 2) lost its fight against a record fine imposed by EU antitrust regulators eight years ago for using its Android mobile operating system…

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Japan’s yen jumps, traders alert to intervention risk

Japan’s yen jumps, traders alert to intervention risk

Published Thu, Jul 2, 2026 · 04:10 PM [LONDON] The yen jumped suddenly against the dollar on Thursday (Jul 2), with traders alert to the prospect of intervention from Japan to prop up its stubbornly weak currency. The dollar fell by as much as 0.9 per cent to 161.115 yen and was last trading at…

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European shares slip as AI stocks weigh; US jobs data in focus

European shares slip as AI stocks weigh; US jobs data in focus

Published Thu, Jul 2, 2026 · 03:53 PM EUROPEAN shares slipped on Thursday (Jul 2), tracking a sombre mood in global markets as AI stocks came under pressure, while investors awaited a key employment report out of the United States to gauge the path for interest rates. The pan-European Stoxx 600 index slipped 0.1 per…

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Pro-Palestinian man jailed for one year over death of Jewish demonstrator

Pro-Palestinian man jailed for one year over death of Jewish demonstrator

A man was sentenced to one year in prison over the late 2023 death of a Jewish man during an altercation in California between pro-Israeli and pro-Palestinian demonstrators. Loay Abdel Fattah Alnaji was sentenced to ‌one year in Ventura County Jail and two years of felony probation for the November 2023 death of Paul Kessler, Ventura County District Attorney…

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Japan government panel member calls for moderate BOJ rate hikes

Japan government panel member calls for moderate BOJ rate hikes

He says delaying rate hikes can heighten inflation expectations and push up long-term interest rates Published Thu, Jul 2, 2026 · 03:15 PM [TOKYO] The Bank of Japan (BOJ) should continue to raise interest rates at a moderate pace to rectify excessive yen declines, Toshihiro Nagahama, a government panel member known as an economic aide…

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Vietnam central bank says global risks complicate policymaking

Vietnam central bank says global risks complicate policymaking

The country is facing mounting inflationary pressure due to its exposure to the international economy Published Thu, Jul 2, 2026 · 03:12 PM [HANOI] Global risks are putting pressure on the Vietnamese central bank’s policy management, deputy governor Pham Thanh Ha said on Thursday (Jul 2). The South-east Asian manufacturing hub is targeting economic growth…

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