In a significant development for the mobile technology industry, Google (NASDAQ:GOOG) has agreed to buy Motorola Mobility (NYSE:MMI) for $12.5 billion, or $40 a share, in cash to defend its Android ecosystem.
In the patent war over Samsung's Galaxy tablet in Europe, Apple may have released false evidence to the German courts against the Korean firm.
No euro zone member states will be allowed to quit the currency bloc, European Central Bank Governing Council member Yves Mersch said in an interview published on Monday in the China Business News.
The victims haven't been identified yet, but they are believed to all be related and also Jersey residents.
Samsung's Galaxy products are increasingly disappearing from store shelves in Europe and Australia thanks to an intellectual property fight with Apple, say recent reports.
Italian Economy Minister Giulio Tremonti stepped up calls for a more coordinated response to the euro zone debt crisis, including the creation of euro bonds, ahead of a crucial Franco-German summit next week.
Britain's finance minister called for some form of fiscal union to resolve the euro zone's debt crisis on Saturday, while his Italian counterpart renewed a call for the introduction of common euro zone bonds.
Korean company Samsung Electronics will go to a German court on August 25 to try to overturn a ban on it selling flagship Galaxy tablets in most of the European Union.
Israel's interior minister has given final approval for a plan to build 1,600 settler homes in East Jerusalem, a project whose announcement last year during a visit by U.S. Vice President Joe Biden caused a diplomatic rift with Washington.
Man threw smoke bomb, took two hostages A man fired shots and set off a smoke bomb at the Defence Ministry in Estonia's capital Tallinn and then was killed as police moved in, officials said on Thursday.
Secret exploratory peace talks between the United States and the Taliban have reportedly crumbled after details of the negotiations were leaked.
The Dow Jones industrial average dropped 520 points on Wednesday wiping out Tuesday's rebound as investors continue to worry about the European debt crisis and the health of the global banking system. The Dow's 4.62 percent drop has placed the blue-chip index back below the 11,000 level, closing at the lowest level since last September.
It seems everything going Apple's way. A day after the consumer technology giant briefly surpassed Exxon Mobil to become the world's largest public company by market capitalization, it won a legal battle against Samsung in Europe.
In another victory for Apple's legal team, courts in Germany ruled against rival Samsung Electronics, barring it from selling its competing tablet computer in most of the European Union.
A German court ruled that Samsung Galaxy tablet computers cannot be sold in any EU country besides the Netherlands.
The European Central Bank is actively buying government bonds in the secondary market, ECB President Jean-Claude Trichet said on Tuesday, urging governments to implement new measures agreed at July 21 crisis talks quickly.
The Dow Jones Industrial average closed the day on Monday at 634.76 points. The drop is the sixth worst point decline for the Dow in the last 112 years and the worst since December 2008. Additionally, every stock in the Standard and Poor's 500 index dropped on Monday.
The Dow Jones industrial average plummeted more than 600 points midday Monday, as the disarray continues following Standard & Poor's downgrading of the United States' credit rating on Friday. The Dow traded down 536.18 points, or 4.7 percent, at 10908.43. It is fast on track to having its worst day since December 2008. Additionally, the Standard & Poor's 500 index sharply went down 68.49 points, or 5.7 percent, to 1130.89.
The European Union expressed concern on Monday about a second visit to Chad by Sudanese President Omar al-Bashir, saying he should have been arrested there under an International Criminal Court warrant.
Prime Minister Tayyip Erdogan has an unspoken pact with the Turkish electorate: he delivers rapid economic growth, jobs and money, and voters let him shape what kind of democracy this Muslim nation of 74 million people becomes.
A judge Monday refused to release former Ukrainian Prime Minister Yulia Tymoshenko from police detention, increasing political tension around her trial on a charge of abuse of office.
The European Central Bank said on Sunday it would "actively implement" its controversial bond-buying programme to fight the euro zone's debt crisis, signaling it will buy Spanish and Italian government bonds to halt financial market contagion.
