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(Reuters) - Alibaba Group Holding Ltd said it was being investigated by the U.S. Securities and Exchange Commission over whether the Chinese e-commerce company's accounting practices violated any federal laws.

BRUSSELS (Reuters) - The European Commission will check on whether it should do more to curb possible unfair practices in the terms of use set by web platforms such as Google, Amazon and Apple Inc's App Store.

BRUSSELS (Reuters) - Online retailers would be banned from stopping a customer in one EU country buying from a website based in another, under a proposal issued on Wednesday to make it easier for consumers to shop across the bloc.

(Reuters) - Hewlett Packard Enterprise Co said it would spin off and merge its struggling IT services business with Computer Sciences Corp, allowing the company to focus on its cloud services business and other fast-growing units.

HELSINKI (Reuters) - Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple and Samsung.

Austria's FACC, hit by cyber fraud, fires CEO
Wed, 25 May 2016 05:11:43 -0400
VIENNA (Reuters) - The head of Austrian aerospace parts maker FACC has been fired after the company was hit by a cyber fraud that cost it 42 million euros ($47 million).

TOKYO (Reuters) - Taiwan's Foxconn said on Wednesday it will not sell Sharp Corp's solar power business, amid concerns from business partners over a possible closure of the struggling division.

JOHANNESBURG (Reuters) - South Africa's central bank told lenders to be vigilant on Wednesday after criminals in Japan stole millions of dollars from automatic teller machines using fake credit cards from South Africa's Standard Bank .

SAN FRANCISCO (Reuters) - Apple Inc , which has resisted pressure from U.S. law enforcement to unlock encrypted iPhones, this month rehired a top expert in practical cryptography to bring more powerful security features to a wide range of consumer products.

Sappeers.com shares surge on debut day
Wed, 25 May 2016 08:34:49 -0400
(Reuters) - Warsaw-based provider of SAP systems services, Sappeers.com, has debuted on Poland’s alternative NewConnect market at 115 percent above the reference price of 3.35 zlotys per share, according to the exchange.

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FINANCE NEWS
PARIS (Reuters) - Executives at Credit Agricole and BNP Paribas sought on Wednesday to convince lawm...
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