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May 07, 2013

EU backs Apple in Google's Motorola patent move

BRUSSELS: EU anti-trust officials said on Monday that Google-owned Motorola was abusing its leading position in Germany's mobile phone market by filing a patent injunction against Apple over some core smartphone functions.

May 06, 2013

Firms rush to relocate in low-tax Britain

More than 40 multinational companies have inquired about relocating their headquarters to the UK because of the cuts in corporation tax.

May 05, 2013

Nigerian regulator aims to limit MTN mobile dominance

ABUJA (Reuters) - Nigeria's telecoms regulator has ordered South African mobile operator MTN to charge customers the same rate whether calling rival operators or other MTN users, in order to reduce its market dominance, it said on Friday.

May 04, 2013

RBS sees government stake sale next year as it posts quarterly profits of £826m

Royal Bank of Scotland has reported its best quarterly result in more than a year with a pre-tax profit of £826m and said it expects the goverment to be able to start selling its stake it the lender by the middle of next year or even earlier.

May 03, 2013

May 02, 2013

Google faces fresh grilling by MPs over tax

Matt Brittin, head of Google's northern European operations, will be called again to face the Public Accounts Committee, along with its auditor Ernst & Young.

May 01, 2013

Gazprom profits fall 10 per cent in 2012

MOSCOW: The world's largest gas company Gazprom today reported $ 38 billion in net profits for 2012, the third-biggest profits of any global company, but the figure was down around 10 per cent from the year earlier due to falling sales and rising costs.