German cartel office to take Facebook case to High Court
Germany’s cartel office said on Monday it would appeal a regional court decision to suspend restrictions it had placed on Facebook’s data collection practices to the country’s highest court.
German court suspends restrictions on Facebook data gathering
A German court on Monday temporarily suspended a February decision by the cartel office to order Facebook to restrict its data collection practices in Germany.
German cartel office to take Facebook case to High Court
The German cartel office will appeal a regional court’s decision to suspend restrictions it had imposed on Facebook’s data collection practices to the Federal Court of Justice, Germany’s highest court.
Wall Street bounces as Trump softens stance on trade war
Wall Street rebounded on Monday after U.S. President Donald Trump sought to ease trade tensions with China, soothing investor nerves after an intense feud between the world’s top two economies last week sent stocks into a tailspin.
U.S. business investment appears weak in third quarter
New orders for key U.S.-made capital goods rose modestly in July while shipments fell by the most in nearly three years, pointing to continued weakness in business investment and a slowdown in economic growth early in the third quarter.
KFC partners with Beyond Meat to test plant-based nuggets, wings
Yum Brands Inc said on Monday it will be testing Beyond Meat Inc’s plant-based chicken nuggets and boneless wings at an Atlanta KFC restaurant, the latest fast-food chain trying new options to attract vegan diners.
KKR becomes Axel Springer’s biggest shareholder
KKR has become the biggest shareholder of German media group Axel Springer , paying 2.9 billion euros ($3.2 billion) for a 43.54% stake, the U.S. private equity firm said on Monday.
Trump says China trade deal coming, Beijing calls for resolution
The United States and China sought to ease trade war tensions on Monday, with Beijing calling for calm and U.S. President Donald Trump predicting a deal after markets fell in response to new tariffs from both countries.
German court suspends cartel order restricting Facebook’s data gathering
A German court on Monday issued an interim injunction suspending a cartel office decision in February which sought to restrict Facebook’s data collection practices in Germany.
Amgen to buy Celgene’s psoriasis drug Otezla for $13.4 billion in cash
Amgen Inc said on Monday it would buy Celgene Corp’s psoriasis drug Otezla for $13.4 billion in cash, clearing the way for Bristol-Myers Squibb to go ahead with its $74 billion deal for Celgene.
