News

Israel is pleased at a compromise deal on Iran achieved between the United States Congress and the administration of President Barack Obama, Israeli Intelligence Minister Yuval Steinitz said on Wednesday.

The European Union will accuse Google on Wednesday of abusing its dominant position in Internet searches in Europe, a step that could see the Internet giant fined up to $6.6 billion, the Financial Times and Dow Jones reported on Tuesday.

The U.S. Senate Banking Committee has set up an investigative team in recent weeks that will probe issues ranging from financial regulation to insurance fraud, part of a drive by its new chairman to beef up the panel's oversight function.