(Reuters) -India’s competition regulator said on Monday it has approved the settlement proposal of Alphabet’s Google in the Android TV case, under which it had charged the company over anticompetitive practices. The Competition Commission of India had said the U.S. tech giant abused its Android operating system’s position in the smart television market in the…
By Sheila Dang HOUSTON (Reuters) -Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing the company a step closer toward its goal of growing production from the ocean basin by 50% this year. The $1.6 billion project called Ballymore, located about…
By Carolina Mandl NEW YORK (Reuters) -Global hedge funds last week dumped the so-called Magnificent Seven megacap stocks, bringing their exposure to the group to a two-year low just ahead of their earnings, according to a Morgan Stanley note to clients seen by Reuters. The bank said the Magnificent Seven stocks accounted for more than…
(Reuters) -Wall Street’s main indexes each slid to more than one-week lows on Monday after U.S. President Donald Trump doubled down on attacks against Federal Reserve Chair Jerome Powell, amplifying concerns about the central bank’s autonomy and rattling markets. Trump repeated his criticism of Powell, saying in a Truth Social post that the economy could…
