Explained | The Nord Stream pipeline leaks: what happened and what is at stake? 

Explained | The Nord Stream pipeline leaks: what happened and what is at stake? 

Europe looks at a harsh winter as hopes that Nord Stream pipelines would open up in the next few months are dampened due to extensive damage to the pipelines caused by four successive leaks  Europe looks at a harsh winter as hopes that Nord Stream pipelines would open up in the next few months are […]

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Inflation hits record 10% in 19 European Union countries

Inflation hits record 10% in 19 European Union countries

Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar Inflation in the European countries using the euro currency has broken […]

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EU recommends suspending billions in funding to Hungary

EU recommends suspending billions in funding to Hungary

The move comes amid concerns over democratic backsliding and the possible mismanagement of EU money in Hungary The move comes amid concerns over democratic backsliding and the possible mismanagement of EU money in Hungary The European Union’s executive branch recommended Sunday that the bloc suspend around 7.5 billion euros ($7.5 billion) in funding to Hungary […]

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Amazon may have to tweak proposals for ending business practices probes, EU regulator says

Amazon may have to tweak proposals for ending business practices probes, EU regulator says

In July, the U.S. online retailer said it would set up a data silo, preventing its retail arm from using data from its marketplace to make competing private label products In July, the U.S. online retailer said it would set up a data silo, preventing its retail arm from using data from its marketplace to […]

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Google Android decision encouraging ‘win’ for EU, Vestager Says

Google Android decision encouraging ‘win’ for EU, Vestager Says

A European court ruling this week that upheld a record European Union antitrust fine against Alphabet Inc’s Google over its Android mobile operating system represents a clear “win” for regulators who confront technology giants, said EU competition chief Margrethe Vestager. “This is a win,” Vestager said in an interview with Bloomberg TV Thursday. “A huge […]

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Web-connected devices may have to meet new EU cybersecurity rules

Web-connected devices may have to meet new EU cybersecurity rules

Providers of internet-connected technology — from Apple iPhone software to baby monitors — will have to meet new cybersecurity requirements in the European Union or face fines and possibly have the product taken off the market, according to a draft proposal seen by Bloomberg. New rules from the European Commission called the Cyber Resilience Act, […]

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Inflation hits 9.1% in countries using euro currency

Inflation hits 9.1% in countries using euro currency

Inflation is at the highest levels since record-keeping for the euro began in 1997 Inflation is at the highest levels since record-keeping for the euro began in 1997 Inflation in the European countries using the euro currency hit another record in August, fuelled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual […]

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Greece’s exit from enhanced EU scrutiny ends 12 years of pain: PM

Greece’s exit from enhanced EU scrutiny ends 12 years of pain: PM

Greece was hit with pension cuts, spending curbs, tax increases after it sought its first bailout in 2010 Greece was hit with pension cuts, spending curbs, tax increases after it sought its first bailout in 2010 Greece’s exit on Saturday from the European Union’s so-called enhanced surveillance framework for its economy ends 12 years of […]

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EU antitrust regulators quiz developers on Google app payments

EU antitrust regulators quiz developers on Google app payments

EU antitrust regulators have asked app developers whether Alphabet unit Google’s threat to remove apps from its Play Store if they use other payment options instead of its own billing system has hurt their business, two people familiar with the matter told Reuters. Critics say fees charged by Google and Apple at their mobile app […]

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EU likely to bolster Apple probe with new evidence, no new charges

EU likely to bolster Apple probe with new evidence, no new charges

EU antitrust regulators are set to beef up an investigation into Apple, triggered by Spotify, with new evidence but not new charges, in the hope of speeding up the case, people familiar with the matter said. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes at the intersection of technology, business […]

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