STOCKHOLM (Reuters) - Finnish telecom firm Nokia ( NOKIA.HE ) has suffered a setback after a source close to the matter confirmed it had lost out to Samsung Electronics ( 005930.KS ) on a part of the contract to supply new 5G equipment to Verizon ( VZ.N ) in the United States.

With

MILAN (Reuters) - Italy’s antitrust authority said on Monday it had opened an inquiry into Google Inc, Apple Inc and Dropbox Inc over cloud computing services.

“The proceedings relate to alleged improper commercial practices and the possible inclusion of unfair clauses in contract conditions,” the authority said in a statement

LAGOS (Reuters) - When Loveth Metiboba’s baby had diarrhoea, she worried that taking him to a clinic near her home in Nigeria’s capital, Abuja, might expose them both to the coronavirus.

“The idea of going to the clinic was very scary,” said Metiboba, a researcher for a charity.

Instead, the clinic, run by Nigerian health technology firm eHealth Africa, sent her a web browser link to hold a video chat with a doctor who diagnosed her son with a mild illness and

SINGAPORE (Reuters) - Australians’ credit card debts fell to a 15-year low in July, data showed on Monday, as the pandemic drives a global surge in repayments that analysts say will hurt banks at a time when consumers are also reining in their spending.

Reserve Bank of Australia figures showed total interest-incurring credit card balances fell 3.2% month-on-month to A$22.5 billion ($16 billion) in July, the lowest since July 200

PARIS (Reuters) - The European Union’s chief Brexit negotiator Michel Barnier said on Monday that negotiations on future relations were difficult and declined to comment on a report Britain was planning legislation to override parts of the divorce deal.

In what would be one of

BERLIN (Reuters) - German industrial output rose far less than expected in July, suggesting Europe’s largest economy faces a slow return to production levels that preceded the crisis unleashed by the coronavirus pandemic.

Industrial output rose by 1.2% on the month, a third successive increase after record drops in March and April during a lockdown

SHANGHAI/HONG KONG (Reuters) - China’s biggest chipmaker SMIC ( 0981.HK ) plunged a fifth on Monday in response to news of potential U.S. sanctions against the company, wiping about $28 billion off its market value and prompting analysts to predict doom if a ban is implemented.

On Friday, Reuters

LONDON (Reuters) - Thursday’s European Central Bank meeting should be anything but dull: the euro is surging, inflation is negative for the first time since 2016 and there is heightened uncertainty about the coronavirus as the number of new cases edges higher.

No major policy moves are expected since the ECB has acted aggressively to

* US markets shut for Labor Day holiday on Monday

* Spot gold may bounce to $1,949/oz - technicals

* India’s coronavirus infections overtake Brazil

* Markets await ECB policy decision on Thursday

* Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser (Recasts, updates prices)

By Brijesh Patel

Sept 7 (Reuters) - Gold steadied in a tight range on Monday, paring initial gains after a firmer dollar offset support from renewed fears over