23 November 2014

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European Parliament may propose Google break-up in draft resolution

European Parliament may propose Google break-up in draft resolution

The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc’s  search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company’s dominance in the search market.European politicians have grown increasingly concerned about Google’s and other American companies’ command of the Internet industry, and have sought ways to curb their power. A public call for a break-up would be the

Indian finance minister pledges "second-generation" reforms

NEW DELHI India s Finance Minister Arun Jaitley promised on Sunday to unveil a whole series of "second-generation" reforms to try to kickstart the stuttering economy.In an interview with the Press Trust of India (PTI) news agency, Jaitley said the reforms that would be unveiled in the budget early next year would help the country cross the six percent growth mark in 2015-16."The country needs a larger opening out in more sectors... I think we have a lot of exciting times ahead of us

OPEC divided on oil output before crucial meeting

OPEC divided on oil output before crucial meetingLONDON: The OPEC oil producers cartel will hold one of its toughest and most significant meetings in recent years as, faced with sliding prices, its members must contemplate whether to cut output.Ahead of Thursday´s meeting of the Organization of Petroleum Exporting Countries in Vienna, home to the cartel´s headquarters, its dozen member countries are split on what direction to take after a 30 percent drop in crude prices since June has slashed revenues.OPEC´s poorer members, led by

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