A Chinese anti-trust regulator said on Monday it has given Microsoft Corp 20 days to reply to queries on the compatability of its Windows operating system and Office software suite amid a probe into the world's largest software company. The State Administration for Industry and Commerce (SAIC) questioned Microsoft Vice President David Chen and gave the company a deadline to make an explanation, the agency said in a short statement on its website. SAIC also repeated that it suspected the company has not fully disclosed issues relating to the compatability of the software and the operating system. "[A] special investigation team conducted an anti-monopoly investigation inquiry with Microsoft Vice President Chen Shi (David Chen), and required that Microsoft make a written explanation within 20 days," the SAIC said in a statement on its website.
Spain's third-biggest bank by capitalisation CaixaBank is to buy Barclays' Spanish operations for £800 million ($1.1 billion) as the British bank undergoes major restructuring, Barclays said. The sale includes Barclay's retail banking, wealth and investment management and corporate banking businesses in Spain. In a statement, Barclays said 2,400 staff and 262 branches would transfer to CaixaBank once the deal is completed, likely around the end of the year.
Anti-government protesters armed with rocks and wooden clubs clashed with police in Islamabad Monday, hours after the powerful army called for a peaceful resolution to the political crisis rocking Pakistan. Opposition groups marched to the capital on August 15 in a bid to topple Prime Minister Nawaz Sharif, triggering a crisis that has raised the spectre of military intervention in a country that has been ruled for half its history by the army. The army urged the government and protesters to settle their differences peacefully on Sunday night, but warned it was "committed to playing its part in ensuring security of the state", after clashes left three dead. Violence began on Saturday night when followers of former cricketer Imran Khan and populist cleric Tahir-ul-Qadri tried to storm Sharif's official residence.
Pakistani protesters wielding sticks and throwing stones clashed with police in the center of the capital Islamabad on Monday after weeks of demonstrations demanding Prime Minister Nawaz Sharif's resignation turned violent over the weekend. Despite heavy rain, crowds of protesters tried to break through police lines to push their way to the prime minister's residence. Protesters led by Imran Khan, a renowned cricketer before entering politics, and fiery cleric Tahir ul-Qadri, erupted last month and descended into deadly confrontation on Saturday, with at least three people killed in clashes with police.
By Clare Jim HONG KONG (Reuters) - Hong Kong police on Monday used pepper spray to disperse pro-democracy activists who stormed a security check-point at a venue where a senior Chinese official was explaining Beijing's decision not to grant the former British colony full democracy. Scuffles had broken out at the entrance to the center where Li Fei, deputy secretary general of China's National People's Congress (NPC) Standing Committee, was speaking. Pro-democracy activists inside the building heckled Li, shouting slogans and interrupting his speech explaining Beijing's decision, announced on Sunday, to rule out a fully democratic election for the city's next leader in 2017. Hong Kong returned to Chinese rule in 1997 with wide-ranging autonomy and freedoms not enjoyed on the mainland - a policy called "one country, two systems".
Maria Sharapova crashed out of the US Open while 17-year-old Belinda Bencic became the youngest women's quarter-finalist since 1997 giving Switzerland a double boost after Roger Federer had moved into the last-16. Sharapova's defeat at the hands of fellow former world number one Caroline Wozniacki on Sunday meant that only three of the top 10 seeds in the women's draw were left standing after Bencic had taken care of ninth-ranked Jelena Jankovic. On a day of shocks at the US Open, China's Peng Shuai reached her first singles quarter-final at a major by beating experienced Czech Lucie Safarova while, in the men's draw, fourth-seed David Ferrer was defeated by Gilles Simon of France.