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Polo web name goes to Volkswagen

Volkswagen got away with polo dot eu and Ralph Lauren, the owner of Polo.com was late only by three minutes and 24 seconds. I don’t know the reasons behind their delay may be some car malfunction or some deeply rooted secrets but as far as accruing the freshness from Polo, the brand name is concerned [...]

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Inflation seen as imminent threat to global economy

Mounting risk of inflation is a serious concern for the financial leaders of the world’s top economies. In a recent meeting of Group 20, all the leaders have given the danger of inflation top priority to handle. In the meeting emphasis was laid on to make preparations to adjust interest rate or currency policy to [...]

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Fierce battle ahead over Brussels’ plans to cap car emissions

A fierce debate over European Commission’s ambitious plans to compel vehicle manufacturers to cut greenhouse gas emissions by a roughly 20 percent within five years seems to be imminent now. On one hand, the plan was vehemently criticized by environmentalist branding it as too little too late and as a gimmick to appease the industry [...]

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EU imposes largest ever fine on lift companies

The European Union has fined Otis Elevator Co. and four other elevator and escalator makers $1.3 billion for allegedly running an illegal cartel. These companies were involved in operating cartels for the installation and maintenance of elevators and escalators in Germany, Belgium, Luxembourg and the Netherlands. The fine represents largest ever fine for price fixing [...]

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New threat of fines intensifies Microsoft-European Union dispute

Microsoft received another blow in its eight-year long dispute with the European Commission when antitrust regulators warned Microsoft that it could face further fines for failing to comply with its anti-trust rulings. The European Commission lashed out on the software giant for not changing its behavior since it was fined 497m euros (£331m) in 2004. [...]

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Microsoft responds to EU’s anti-trust charges, seeks clarity on document pricing

Microsoft Corp. requests European regulators to help the company in establishing prices for licensing Windows programming information to its rivals. In this market the latest effort taken by Microsoft in a long-running antitrust dispute that is largely about defining the future of software development and distribution. The software giant is facing the threat of a [...]

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Gazprom enters deal with Italian Eni to pipe natural gas from Libya

Even after the end of the Cold War and the rising US political and commercial hegemony, Russia is still nurturing its ambition to revive its former glory by becoming a major force to reckon with has become clear with the recent move by the state-controlled Gazprom’s foray into Libya. Gazprom, the largest producer of natural [...]

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