EU prosecutors investigating 300 fraud cases involving nearly €4.5 billion

EU prosecutors investigating 300 fraud cases involving nearly €4.5 billion

By Christy Gren - Sep 14, 2021

EPPO investigates and prosecutes cases in 22 European Union Countries where Poland, Hungary, Sweden, Denmark and Ireland remain out of the scene.

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EU rolls out ambitious plans to end carbon-emissions by 2050

EU rolls out ambitious plans to end carbon-emissions by 2050

By Anna Domanska - Jul 15, 2021

The European Union has come out with plans to make the region carbon- free with a set of regulations that will restrict fossil fuel usage and  imports of the same. The European Co

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Germany’s economic rebound slowed by global chip shortage; challenges at bay

Germany’s economic rebound slowed by global chip shortage; challenges at bay

By Anna Domanska - Jul 09, 2021

The Association of German Automobile Manufacturers (VDA) cut its growth forecast for 2021 car sales to 3% from 8%, citing a global chip shortage affecting assembly production. The

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UK watchdog whacks Amazon with probe for unfair data collection practices

UK watchdog whacks Amazon with probe for unfair data collection practices

By Christy Gren - Jun 11, 2021

The Competition and Markets Authority will focus on whether Amazon, Inc. favors merchants that use its delivery services.

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EU and U.K. launch antitrust probes in Facebook

EU and U.K. launch antitrust probes in Facebook

By Christy Gren - Jun 04, 2021

The European Union and the UK have launched an antitrust probe into Facebook’s use of advertising data in its classified ads business. The investigation comes as regulator peer i

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IMF says the world needs to commit $50 billion to combat the pandemic

IMF says the world needs to commit $50 billion to combat the pandemic

By Anna Domanska - May 24, 2021

The International Monetary Fund, IMF, says that the world would need $50 billion to fight the pandemic. It proposes that the commitments from the various countries and agencies can

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Aon – Willis asset disposal aims to ease approval of $30 billion merger

Aon – Willis asset disposal aims to ease approval of $30 billion merger

By Anna Domanska - May 13, 2021

Aon Plc and Willis Towers Watson have agreed to sell $3.6 billion worth of assets to rival Arthur J. Gallagher & Co. in a bid to appease European competition regulators over th

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Digital tax law stand-off between US and EU set to escalate

Digital tax law stand-off between US and EU set to escalate

By Anna Domanska - Feb 19, 2021

The US government has consistently rebuffed efforts by any country to tax the big tech companies like Amazon, Google, Facebook and Alphabet. Governments in France, Italy and the U

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Google, Facebook to face hefty fines over failure to comply with new EU law

Google, Facebook to face hefty fines over failure to comply with new EU law

By Anna Domanska - Sep 12, 2018

Google, Twitter and Facebook have taken monumental steps to remove extremist content from their platforms. To hedge their bets, the European Commission is set to propose a tough la

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