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Janet Yellen: US stocks fluctuated, after the benchmark index’s biggest two-day decline since June, as a report that  Ms Yellen was picked to lead the Federal Reserve offset concern that the debt impasse will harm the economy. Photograph: Reuters/Gary Cameron

Deadlock in Washington was the main topic on the floors of stock markets yesterday, prompting investors to mark time and wait to see what happens.The (...)

Ireland was the fourth largest recipient of foreign direct investment from the US in 2012.

US firms invested $129.5 billion in Ireland over the five years to 2012, about 14 times what the firms invest in China, a new report from the Ameri(...)

Google, the world’s most popular search engine, submitted its proposals earlier this month after the European Commission outlined four areas of concern about its business practices, saying these could restrict consumer choice and competition. Photograph: Mike Blake/Reuters

Google’s rivals will have the chance to comment on concessions proposed by the US internet company to end an EU antitrust investigation, in a m(...)

The complaint comes as the European Commission’s antitrust chief, Joaquin Almunia, continues an investigation into Google’s dominance

Fairsearch Europe, a group including rivals Microsoft, claims the Android operating system is a “deceptive way” to dominate the search market. (...)

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