BLOOMBERG South Korea fined Alphabet Inc’s Google 42.1 billion won ($32 million) for using its clout in the mobile app market to squeeze out a local rival, the latest sign of intensifying scrutiny on the US tech firm as it seeks to expand overseas. Google tried to block Korean platform rival One Store Co’s growth, Korea’s Fair Trade Commission said ...

BLOOMBERG Apple Inc Chief Executive Officer Tim Cook has scheduled a trip to open the iPhonemaker’s first stores in India next week, underscoring the company’s ambitions for the country as a growth market and manufacturing base. Cook is likely to preside over the opening of the twin outlets in India’s financial and political capital, people familiar with the matter said, ...

BLOOMBERG US equities traded higher, as the latest readings on jobs and factory-gate inflation were slightly softer than expected, a boost for those hoping the Federal Reserve may be approaching the end point of an era of aggressive interest rate hikes. The S&P 500 rose 0.3% while the more rate-sensitive Nasdaq 100 gained 0.9% after US jobless claims for the ...