Friday, October 18, 2019

Europe Business

EU interrogates Facebook about Libra

Several official bodies have asked Facebook to clarify how its currency, Libra, and how it will be used to prevent it from being used for illegal or terrorist acts, as was the case with the European Commission and the...

Juvenescence allocates $ 100 million to develop anti-aging technology

The elixir of life could be developed technologically by investing $ 100 million in a life sciences company called Juvenescence in collaboration with drug developers and artificial intelligence experts, to find treatments and techniques to treat age-related diseases and...

European Central Bank closes one of its websites after malware attack

The European Central Bank (ECB) has shut down one of its websites after being hacked and infected with malware. The ECB said no market-sensitive data has been hacked, but the BIRD has been hacked, which it uses to provide...

EU imposes duties on Indonesian bio diesel

The European Union (EU) imposes import duties on subsidized bio diesel from Indonesia to create more competition for EU producers, authorities said yesterday. The European Commission imposes a temporary duty of between eight and 18 per cent, but warns it...

Spanish oil company Repsol slashes the sales in Venezuela for the second time

Spanish energy company Repsol continues to cut its sales in Venezuela, which at the end of the first half of 2019 amounted to 393 million euros ($ 437 million), almost 14 percent less than at the end of 2018. According...

British body pushes Amazon to avoid cooperating with Deliveroo

The UK's Competition Control Authority (CMA) has issued decisions to Amazon, which plans to merge with Deliveroo, a leading local delivery company, to limit its relationship with the British company. The regulatory body CMA says that the two companies could...

Environmentalists target Amazon in France, demand measures to protect climate change

Hundreds of environmentalists protested outside the Amazon headquarters in Paris and at two regional distribution centers in France on Tuesday as part of escalating climate change demonstrations. The protest was attended by groups including Friends of the Earth and Yellow...

Lawyers warn: Facebook’s Libra will cause serious tax problems in Europe

Top European tax lawyers have warned that the new digital currency for Facebook Libra will cause serious  tax problems for users in Europe. According to the financial times, The lawyers explained that the tax problem that stems from the idea...

Italy slaps $ 1.1 million fine on Facebook after Cambridge Analtica data leak

It seems that Facebook continues to suffer from the consequences of its indulgence in dealing with data users of social platform and leaking, where the company has recently received a new slap after the Italian user control and protection...

Erdogan warns Macron: “What capacity you advocate gas exploration in the eastern Mediterranean”

Turkish President Recep Tayyip Erdogan has issued a stern warning to French President Emmanuel Macron, who called on Turkey to stop its gas exploration in the Mediterranean. "What are you saying, what are you doing there? We have coasts in...

Latest News

Johnson: We have a great new deal that puts us in control

Boris Johnson said on twitter: "We have a great new deal that puts us in control, now Parliament should...

Trump will host G7 2020 summit at his Doral golf resort in Florida

US President Donald Trump will host G7 economic summit next year at one of his real estate properties, the Trump National Doral Golf Resort...

Italy plans to impose 3 percent tax on tech giants from 2020

Italy has decided to impose a new tax on digital companies, including US technology giants, as part of the 2020 budget project, a move...

Demonstrations in Catalonia entered third day in a row

Demonstrations I in Catalonia entered their third day in a row, reaffirming their demands for independence from Spain, leading to clashes with police. In Barcelona,...

Kurdish militia and their allies suspended combat missions against IS

Kurdish militia and their allies have completely suspended their combat missions against the Islamic State (IS) jihadist militia. "We have frozen all our activities against...