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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
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Chinese Ceramics Worth 1 Billion Euro Donated To British Museum
A 1,700-piece private collection of Chinese ceramics with an estimated value of 1 billion euro ($1.27 billion) has been donated to the British Museum -- a record for any UK institution.
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Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
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EU Top Court Triumphs In Crackdown On Apple's Tax Deal, Google's Practices
The EU's top court on Tuesday delivered two major victories in the bloc's battle against tech giants by ruling against Apple and Google in separate legal sagas with billions of euros at play.
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Apple Hit With $2 Billion EU Antitrust Fine in Spotify Case, Will Appeal
Brussels on Monday fined Apple EUR 1.84 billion euros $2 billion for thwarting competition from music streaming rivals via restrictions on its App Store, the iPhone maker's first ever penalty for breaching EU rules.
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Apple Hit With Over $ 1.95 billion EU Antitrust Fine In Spotify Case
Apple was hit with an EU antitrust fine of over 1.8 billion euros ($1.95 billion) on Monday, its first ever, for preventing Spotify and other music streaming services from informing users of payment options outside its App Store.
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France Announces $11 Billion Budget Cut To Tackle Deficit
The French government on Thursday announced budget cuts of 10 billion euros ($11 billion) as it seeks to rein in its budget deficit after growth failed to meet expectations.
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"A Lack Of Will On...": Ukraine Urges Allies For Action Against Russia
Since Moscow's invasion in February 2022, Western sanctions have led to the freezing of some 300 billion euros of Central Bank of Russia foreign exchange reserves around the world.
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Receding Floodwaters In Central Greece Leave Massive Trail Of Destruction, Hundreds Trapped
Receding floodwaters have revealed a trail of devastation in central Greece left by a rainstorm that raged for three days, killing at least six people and causing billions of euros worth of damage.
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Data Theft, Espionage To Cost Germany $224 Billion in 2023: Survey
The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany 206 billion euros ($223.55 billion) in 2023, Germany's digital association Bitkom said Friday.
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Ukraine Says Dam Collapse Caused 1.2 Billion Euros Damage
The destruction of the vast Kakhovka hydro-electric dam has caused 1.2 billion euros of damage, Ukraine's environment minister said on Tuesday, warning that mines unearthed by flooding could wash onto other European countries' shores.
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EU Regulator Moves Top Court to Make Apple Pay Over $14 Billion in Back Taxes
EU competition regulators appealed to the bloc's highest court on Tuesday to override a lower tribunal and make Apple pay a record EUR 13 billion ($14.3 billion or roughly Rs. 1,18,450 crore) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager'...
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European Union Slaps Massive Fine On Facebook Owner Meta Over Data Rules
Facebook owner Meta has been fined a record 1.2 billion euros ($1.3 billion) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday.
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EU Antitrust Regulators Quiz Microsoft’s Rivals on Request for Customer Data
EU antitrust regulators are asking Microsoft's rivals what kind of customer data they are required to provide to the US tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. The European Commission asked recipients for a list of contractual clauses requiring these companies...
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Strikes-Hit UK Pledges 94 Billion Euros In Cost-Of-Living Budget
Britain on Wednesday said its cost-of-living support for this year and next would total 94 billion Euros ($114 billion), as it forecast the UK to stay out of recession with inflation slowing sharply.
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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
-
Chinese Ceramics Worth 1 Billion Euro Donated To British Museum
A 1,700-piece private collection of Chinese ceramics with an estimated value of 1 billion euro ($1.27 billion) has been donated to the British Museum -- a record for any UK institution.
-
Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
-
EU Top Court Triumphs In Crackdown On Apple's Tax Deal, Google's Practices
The EU's top court on Tuesday delivered two major victories in the bloc's battle against tech giants by ruling against Apple and Google in separate legal sagas with billions of euros at play.
-
Apple Hit With $2 Billion EU Antitrust Fine in Spotify Case, Will Appeal
Brussels on Monday fined Apple EUR 1.84 billion euros $2 billion for thwarting competition from music streaming rivals via restrictions on its App Store, the iPhone maker's first ever penalty for breaching EU rules.
-
Apple Hit With Over $ 1.95 billion EU Antitrust Fine In Spotify Case
Apple was hit with an EU antitrust fine of over 1.8 billion euros ($1.95 billion) on Monday, its first ever, for preventing Spotify and other music streaming services from informing users of payment options outside its App Store.
-
France Announces $11 Billion Budget Cut To Tackle Deficit
The French government on Thursday announced budget cuts of 10 billion euros ($11 billion) as it seeks to rein in its budget deficit after growth failed to meet expectations.
-
"A Lack Of Will On...": Ukraine Urges Allies For Action Against Russia
Since Moscow's invasion in February 2022, Western sanctions have led to the freezing of some 300 billion euros of Central Bank of Russia foreign exchange reserves around the world.
-
Receding Floodwaters In Central Greece Leave Massive Trail Of Destruction, Hundreds Trapped
Receding floodwaters have revealed a trail of devastation in central Greece left by a rainstorm that raged for three days, killing at least six people and causing billions of euros worth of damage.
-
Data Theft, Espionage To Cost Germany $224 Billion in 2023: Survey
The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany 206 billion euros ($223.55 billion) in 2023, Germany's digital association Bitkom said Friday.
-
Ukraine Says Dam Collapse Caused 1.2 Billion Euros Damage
The destruction of the vast Kakhovka hydro-electric dam has caused 1.2 billion euros of damage, Ukraine's environment minister said on Tuesday, warning that mines unearthed by flooding could wash onto other European countries' shores.
-
EU Regulator Moves Top Court to Make Apple Pay Over $14 Billion in Back Taxes
EU competition regulators appealed to the bloc's highest court on Tuesday to override a lower tribunal and make Apple pay a record EUR 13 billion ($14.3 billion or roughly Rs. 1,18,450 crore) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager'...
-
European Union Slaps Massive Fine On Facebook Owner Meta Over Data Rules
Facebook owner Meta has been fined a record 1.2 billion euros ($1.3 billion) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday.
-
EU Antitrust Regulators Quiz Microsoft’s Rivals on Request for Customer Data
EU antitrust regulators are asking Microsoft's rivals what kind of customer data they are required to provide to the US tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. The European Commission asked recipients for a list of contractual clauses requiring these companies...
-
Strikes-Hit UK Pledges 94 Billion Euros In Cost-Of-Living Budget
Britain on Wednesday said its cost-of-living support for this year and next would total 94 billion Euros ($114 billion), as it forecast the UK to stay out of recession with inflation slowing sharply.
