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Qatar Airways set to start buying shares in American Airlines

By Conor Humphries | DUBLIN Qatar Airways is to press on with plans to build a stake of up to 4.75 percent in American Airlines (AAL.O) in the near future, despite the “categorical” opposition of the U.S. company’s management, Qatar Chief Executive Akbar al-Baker said on Thursday. The state-owned carrier notified American Airlines ...

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Cyber Risk

Danish shipping giant A.P. Moller-Maersk (MAERSKb.CO) expects container shipments to be back to normal early next week, it said on Thursday, as the impact of last week’s cyber attack extends into its third week. Maersk, which handles one in seven containers shipped globally, said this week it had restored its ...

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EU fines Google $2.7bn for breaching competition rules

The European Union has imposed a record €2.42bn ($2.72bn) fine on technology giant Google, for abusing its dominance as a search engine by giving illegal advantage to its own shopping service. “What Google has done is illegal under EU antitrust rules. It denied other companies the chance to compete on ...

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Italy bank deal lifts Europe shares, dollar on back foot

  By Nigel Stephenson | LONDON Shares rose in Europe on Monday, with Italian banks gaining after a deal to wind up two failed regional lenders, while the dollar and U.S. bond yields held close to recent lows as subdued inflation raised questions over the outlook for monetary policy. The-pan-European ...

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