Wednesday, January 22, 2020

Europe Business

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...

Greece may face sanctions from its creditors on budget surplus reduction

Greece may face sanctions from its creditors in the euro zone after the Greek Prime Minister Alexis Tsipras announced Tuesday, to reduce the target core budget surplus from 3.5 to 2.5 percent of GDP. The Greek media pointed out that...

Canadian dollar fell against USD after reaching three-week high

The Canadian dollar fell at the close of trading on Wednesday against its US dollar after hitting a three-week high on Tuesday as the dollar rose broadly ahead of the Fed's latest meeting minutes. The Canadian dollar fell 0.1 percent...

European stocks fell on financial sector losses, LSE up as sterling falls

European stocks fell for a second session on Thursday, weighed down by financial sector losses, but British stocks rallied as the pound fell amid growing concern that an exit without a deal from the European Union could become a...

Italy to issue Panda bonds in China

Chinese market intends to tap into Italy as the first of the western industrialized countries with specially issued bond, called Panda bonds, have already been issued by the German automakers VW, Daimler and recently BMW. Portugal also plan to...

Latest News

US Senate approves Trump trial rules

The US Senate approved early Wednesday morning the rules for the trial of President Donald Trump, and this included...

North Korea shuts the borders for tourists to prevent Corona virus

North Korea has taken measures to tackle the pneumonia caused by the Corona virus, which broke out in Wuhan, central China. The North Korean newspaper...

Corona virus deaths rose to nine: CNHC restricts Wuhan residents from leaving the city

The China National Health Commission today called on Wuhan residents restricted to the city and reduce public meetings to prevent corona virus outbreaks. The government...

Corona Virus: Canada enhances infection control measures

Canadian hospitals and airports are putting in place enhanced infection-control measures as they prepare for the possible arrival of Corona virus that China confirmed...

Facebook plans 1000 new jobs

In view of the increase in hate and false messages, the online service Facebook has announced that it will create 1,000 new jobs in...