Qualcomm (QCOM.O), the world’s no.1 chipmaker, was fined 242 million euros ($272 million) by the European Commission on Thursday for blocking a rival from the market about a decade ago, its second EU antitrust penalty.
The United States and its allies have launched a major military exercise off the coasts pf Australia in the Pacific region, in a move that seems to be part of America’s policy shift towards confronting China’s growing influence in the region.
The US House of Representatives has voted to pass resolutions that block the sale of precision-guided munitions (PGMs) to Saudi Arabia and the United Arab Emirates over their crimes against the people of Yemen, defying veto threats by President Donald Trump.
India’s monsoon rains were 20% below average in the week ending on Wednesday, the weather office said, as summer showers turned patchy over the central, western and southern parts of the country, raising concerns over the progress of crop plantings.
Boris Johnson, favorite to be the next British prime minister, on Wednesday refused to say whether he would seek to shut Parliament to facilitate a no-deal Brexit but agreed such a plan could be convenient for him.
The head of Alborz Chamber of Commerce, Industries, Mining and Agriculture announced the willingness of economic activists in the two provinces of Alborz and Iraq's Basra to expand trade and economic cooperation.