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EU
Apple App Store boss claims that EU digital regulations will negatively impact iPhone user…
Apple executive claims that new EU digital regulations are going to make it harder for users of Apple products, and put them at risk of security threats.
Apple's App Store head Phil Schiller said on Thursday that the new Digital Markets…
The spring is the time when household energy bills are set to fall.
As wholesale gas prices continue their decline despite the new global political turmoil, it is expected that household energy bills will fall by 16 percent or just under £300 per year starting in April.
Since the Ukraine War, Europe has…
Apple pays $12mn in antitrust fine to Russia’s State Budget
Apple paid Rbs1.18bn (12.3mn dollars) to the Russian state budget after a Moscow court found it guilty of abusing the App Store's dominant position.
FAS, Russia’s anti-monopoly regulator, announced Monday that it had received payment in…
After the Red Sea attacks, European retailers and manufacturers are facing a chaotic period
Logistics experts warn that attacks on ships in the Red Sea could disrupt supply chains and create chaos for Europe's retailers and manufacturers.
Since Yemen's Houthi militants, backed by Iran, increased attacks last month on vessels…
Dyson loses €176mn EU damages claim
Dyson lost its battle to get compensation of €176mn from Brussels for damages that it claimed were caused by energy label tests that penalised their vacuum cleaners.
The British engineering company sought redress with the European…
Eurostar is reprimanded for its cheap seat promotion
Eurostar was reprimanded by regulators for "misleading' adverts, after they found that only a small percentage of tickets were sold at the promised £39.
, the train company, urged customers to "treat themselves to a European getaway…
EU prepares €20bn Plan B to Fund Ukraine
The EU is working on a plan to provide Ukraine with a financial back-up of up to 20 billion euros, using a debt-structure that will allow it avoid Viktor Orban's objections about funding this war-torn nation.
Officials are looking for…
EU Ministers Agree on Tough Debt Reduction Rules
As part of an agreement to gradually overhaul the budget framework of the EU, EU finance ministers have given in to German demands for strict debt-reduction regulations.
After months of haggling the package grants EU member states more…
New EU law to police content online catches leading porn sites
After EU regulators determined that three of the largest pornography websites in the world fell under the scope of an important law designed to police online content, they will now be subjected to new regulations including more stringent…
Adobe and Figma abandon merger proposal of $20bn
Adobe abandoned its $20bn proposed acquisition of Figma's product design software, claiming that there was no "clear path" to obtain necessary regulatory approvals from UK and EU watchdogs.
The deal was investigated by both UK and EU…
Ryanair boss Michael O’Leary is on track for a £100mn bonus
Ryanair CEO Michael O'Leary will receive a €100mn Bonus due to the low-cost carrier's shares reaching a new record.
The shares rose to €18.99, which brings their gains for the past year to over 50%. This highlights Ryanair as the most…
EU leaders agree to begin accession talks with Ukraine
EU leaders agreed to start talks with Ukraine for its accession after Hungary's Prime Minister changed his mind about opposing this important step for the country.
This decision is a significant milestone in Kyiv's path towards joining the…
Activist investor Cevian gains 20% thanks to CRH relisting
Cevian Capital, one of Europe's biggest activist investors, has seen gains of nearly 20 percent this year. This is due to the performance of building materials company CRH which switched its primary listing from London to New York this…
How Britain and Germany worked together to defeat France over electric car tariffs
Years ago, Brexiteers referred to the UK as "a treasure island" that brought Berlin billions of dollars in revenue each year.
It was prophesied that one day, the German Chancellor will convince Brussels to give in to British demands and…
Office landlords in Europe are facing a cash crunch of £34bn as a result of home working
Economists warn that office landlords in Europe are going to face a cash crunch of £34bn as more staff work from home.
According to S&P Global, the commercial real estate industry in Europe will face a funding shortage between…
EU regulator warns that Amazon’s acquisition of iRobot may restrict competition
Amazon's proposed $1.45bn purchase of iRobot drew a formal opposition from the EU's Antitrust regulator. The regulator said that the deal would allow Amazon to use its dominant position to punish competitors of the Roomba manufacturer.…
The food industry wants more time for the EU to implement its deforestation regulations
Food industry officials say they are running out of time in order to prepare for the new EU regulations to reduce carbon emissions within supply chains. They accuse Brussels of issuing proposals lacking detail and that will not stop…
Bets on wind energy stocks are profitable for hedge funds
Hedge funds have profited from a series well-timed bets on wind energy stocks. Some are betting that the sector will continue to suffer.
Marshall Wace, Qube Research & Technologies and other quantitative traders have all made…