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Intel wins fight over $1.26 billion antitrust fine

Bloomberg Intel Corp. won a round in its eight-year fight with the European Union (EU) over a $1.26 billion fine in a case that could have ramifications for a list of disputes involving US tech giants including Google and Qualcomm Inc. The EU’s top court ruled that Intel’s appeal had to be reexamined by a lower tribunal, criticising judges for ...

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Kering, LVMH join in ‘size-zero’ model crackdown

Bloomberg French luxury titans LVMH and Kering agreed to curb the use of ultra-skinny models on runways and in advertising campaigns, bowing to a public outcry over unhealthy depictions of young women by the fashion industry. The Paris-based companies said they’d implement stricter guidelines for the treatment of models, including increasing minimum garment sizes for fashion shows as well as ...

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Canada ‘trade deficit’ exceeds 2.5 billion

Bloomberg Canada’s merchandise trade deficit exceeded $2.5 billion for a second month in July as exports slumped. The shortfall of C$3.04 billion followed a revised C$3.76 billion reading for June, Statistics Canada reported on Wednesday from Ottawa. Economists predicted a C$3.3 billion deficit according to the median in a Bloomberg survey. Exports fell by 4.9 percent in July, and are ...

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