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Spanish judge asks EU top court for key Uber ruling

By Julia Fioretti and Andrew Callus BRUSSELS/PARIS (Reuters) – A Spanish judge has asked Europe’s top court if online taxi-hailing app Uber is a “mere transport service” or a digital service, as the U.S. start-up claims, in a case that could set a precedent for legal battles across the continent. A judge in Barcelona has referred a case brought by the city’s main taxi operator against Uber towards the end

PayPal valued at about $52 billion in market return

PayPal, spun off from eBay Inc , is widely expected to build partnerships with e-commerce rivals and try to seize market share from startups such as Stripe and Square and technology behemoth Apple Inc , which unveiled its own mobile payments service last year. PayPal shares soared to $42.55 in early trading, up from Friday’s close of $38.35 when the shares were trading on a “when issued” basis. EBay’s stock

Bidding wars return to home market

Christina and Kevin Dirks have been searching for a house in the Denver area for four months at prices up to $275,000. Bidding wars, a hallmark of last decade’s housing boom, are making a comeback in a number of metro areas across the U.S.

Hackers threaten to leak Ashley Madison's 37 million clients

Ashley Madison’s Canadian parent, Avid Life Media, confirmed the breach on its systems and said it had since secured its site and was working with law enforcement agencies to try to trace those behind the attack. The hackers, who call themselves The Impact Team, leaked snippets of the compromised data online and warned they would release customers’ real names, profiles, nude photos, credit card details and “secret sexual fantasies” unless

Gold hits five-year low under $1,100 on Chinese selling

Gold prices plunged as much as 4 percent to their lowest in more than five years on Monday as sellers in top consumer China offloaded the metal. Spot gold fell $45.55 to its weakest since March 2010 at $1,088.05 an ounce shortly after the Shanghai Gold Exchange opened, with volumes soaring to a record. It regained some ground, trading above the key $1,100 support level, but was still down 2.2