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Category: Europe

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EU Fines Apple $2 Billion for App Store Antitrust Violation
EuropeWorld

EU Fines Apple $2 Billion for App Store Antitrust Violation

byayotilewaMarch 4, 2024March 4, 2024
Brussels levied a historic fine of 1.84 billion euros ($2 billion) against Apple (AAPL.O) on…
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Exor Acquires 10.1% Stake in Clarivate, With Potential Increase to 17.5%
EuropeInvesting

Exor Acquires 10.1% Stake in Clarivate, With Potential Increase to 17.5%

byayotilewaMarch 4, 2024March 4, 2024
Italy’s Agnelli family, through its investment arm Exor, has acquired a 10.1% stake in Clarivate,…
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Elon Musk’s SpaceX Fined $3,600 by U.S.
BusinessEuropeinsuranceTechnologyWorld

Elon Musk’s SpaceX Fined $3,600 by U.S.

byayotilewaFebruary 14, 2024February 14, 2024
Elon Musk’s SpaceX was fined $3,600 by U.S. worker safety officials this month following an…
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Meta to Detect AI Tech Across Facebook and Instagram
AsiaBusinessCommoditiesEuropeFintechWorld

Meta to Detect AI Tech Across Facebook and Instagram

byayotilewaFebruary 7, 2024February 7, 2024
Meta, the parent company of Facebook, announces its intention to roll out technology capable of…
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World Bank’s Managing Director to Embark on  Visit to Nigeria
AfricaBreakingEuropeInvestinginvestmentLocalWorld

World Bank’s Managing Director to Embark on Visit to Nigeria

byayotilewaFebruary 6, 2024February 6, 2024
Anna Bjerde, the Managing Director of Operations at the World Bank, is poised to undertake…
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Iraq Bans Eight Local Banks from U.S. Dollar Transactions
BankingBreakingBusinessEuropeFinanceWorld

Iraq Bans Eight Local Banks from U.S. Dollar Transactions

byayotilewaFebruary 5, 2024February 5, 2024
Iraq has implemented a ban on eight local commercial banks from conducting U.S. dollar transactions…
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Delta Air Lines Ranks 11th on 50 Most Admired Companies List
AfricaAsiaBreakingEuropeLocalTechnologyWorld

Delta Air Lines Ranks 11th on 50 Most Admired Companies List

byayotilewaFebruary 2, 2024February 2, 2024
Delta Air Lines has secured the 11th position on Fortune Magazine’s prestigious Top 50 Most…
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Mixed Start for European Stock Markets as Investors Await Key Inflation Data
EuropeStock

Mixed Start for European Stock Markets as Investors Await Key Inflation Data

byEkeminiJanuary 8, 2024January 8, 2024
European stock markets began the week with mixed trading, reflecting subdued risk appetite among investors.…
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British International Investment Joins SDG Outcomes Fund with $10 Million Commitment
AfricaEurope

British International Investment Joins SDG Outcomes Fund with $10 Million Commitment

byakintundeJuly 24, 2023July 24, 2023
British International Investment (BII), the UK’s development finance institution and impact investor, has pledged $10…
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European stock markets experience losses to start the new week.
EuropeMarket

European stock markets experience losses to start the new week.

byakintundeJune 26, 2023June 26, 2023
The new week brought losses to European stock markets, mirroring the decline in Tokyo, as…
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Poll Shows Several British Don’t Want To Pay For Coronation
Europe

Poll Shows Several British Don’t Want To Pay For Coronation

byakintundeApril 19, 2023April 19, 2023
According to a recent poll that was performed and released on Tuesday, more than half…
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EU Allocates $102.5 million for Humanitarian Aid to Nigeria and other Countries
AfricaEurope

EU Allocates $102.5 million for Humanitarian Aid to Nigeria and other Countries

byakintundeJanuary 27, 2023January 27, 2023
According to the European Union, the humanitarian aid of €102.5 million will support Nigeria and…
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European Shares Decline as China Data Renews Economic Concerns.
EuropeMarket

European Shares Decline as China Data Renews Economic Concerns.

byakintundeJanuary 18, 2023January 17, 2023
Following China’s announcement of its weakest annual economic growth in nearly 50 years, which increased…
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After Weeks of Negotiations, EU Nations Agree on a Gas Price Cap.
EnergyEurope

After Weeks of Negotiations, EU Nations Agree on a Gas Price Cap.

byakintundeDecember 20, 2022December 20, 2022
The energy ministers of the European Union approved a gas price cap. The price ceiling…
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UK Inflation Drops from a 41-year High as Fuel Price Surge Subsides.
EuropeFinanceMarket

UK Inflation Drops from a 41-year High as Fuel Price Surge Subsides.

byakintundeDecember 14, 2022December 14, 2022
Inflation in the United Kingdom came in slightly lower than expected in November, at 10.7%,…
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UK Jobless Rate Increases, but Salary Growth Worries the Bank of England.
Europe

UK Jobless Rate Increases, but Salary Growth Worries the Bank of England.

byakintundeDecember 13, 2022December 13, 2022
The unemployment rate in Britain increased for a second month, and as the economy struggles,…
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Britain prepares for Strike Action as Nurses Walk Out.
EuropeHealth

Britain prepares for Strike Action as Nurses Walk Out.

byakintundeDecember 13, 2022December 13, 2022
The largest wave of industrial action to hit the nation in decades will hit Britain…
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British Economy Recovers from Royal Funeral Blow.
EuropeMarket

British Economy Recovers from Royal Funeral Blow.

byakintundeDecember 12, 2022December 12, 2022
The British economy recovered from the one-time public holiday marking Queen Elizabeth’s funeral in September…
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European Shares Decline amid recession concerns as telecom and utilities struggle.
Europe

European Shares Decline amid recession concerns as telecom and utilities struggle.

byakintundeDecember 9, 2022December 12, 2022
In response to growing concerns about an impending recession, European shares dropped, with utilities and…
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Bank of England to add 50 bps to Bank Rate on Dec. 15.
BankingEuropeMarket

Bank of England to add 50 bps to Bank Rate on Dec. 15.

byakintundeDecember 8, 2022December 8, 2022
Despite the economy entering a recession, the Bank of England will increase Bank Rate by…
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In Spite of a Prolonged Recession, the Bank of England Raises Rates by the Highest Since 1989.
Europe

In Spite of a Prolonged Recession, the Bank of England Raises Rates by the Highest Since 1989.

byakintundeNovember 3, 2022November 3, 2022
On Thursday, the Bank of England increased interest rates to their highest level since 1989;…
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Ukraine Gets Pounded by Missiles.
Europe

Ukraine Gets Pounded by Missiles.

byakintundeOctober 31, 2022October 31, 2022
Even though Russia had reneged on a U.N. Backed agreement to secure exports from the…
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The Financial Facility For London Transportation Is 500million STG.
Europe

The Financial Facility For London Transportation Is 500million STG.

byakintundeSeptember 21, 2022September 21, 2022
The British capital’s transportation system will receive 500 million pounds ($567 million) from London municipal…
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The Impact Of Europe’s Energy Crisis Will Grow Over Time.
EnergyEurope

The Impact Of Europe’s Energy Crisis Will Grow Over Time.

byakintundeSeptember 12, 2022September 12, 2022
The energy crunch is a long-term issue that will increase public debt in Europe; render…
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Market Operations Will Cease On September 19 At The Bank of England.
Europe

Market Operations Will Cease On September 19 At The Bank of England.

byakintundeSeptember 12, 2022September 12, 2022
In accordance with its standard procedure for public holidays, the Bank of England said that…
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Turkey’s Inflation Exceeds 80%
EuropeFinance

Turkey’s Inflation Exceeds 80%

byakintundeSeptember 5, 2022February 8, 2023
According to figures released, Turkey’s annual inflation increased to 80. 21% in August, somewhat less…
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United Airlines, Emirates Set To Announce Codeshare Agreement.
Europe

United Airlines, Emirates Set To Announce Codeshare Agreement.

byakintundeSeptember 2, 2022September 2, 2022
United Airlines (UAL. O) and Dubai’s Emirates are set to announce a codeshare agreement in the coming…
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British Household Energy Bills To Jump 80% To Over $4,000 A Year.
Europe

British Household Energy Bills To Jump 80% To Over $4,000 A Year.

byakintundeAugust 27, 2022August 27, 2022
British energy bills will jump 80% to an average of 3,549 pounds ($4,188) a year…
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Britain To Support Rebuilding Of Ukrainian Transport Network.
Europe

Britain To Support Rebuilding Of Ukrainian Transport Network.

byakintundeAugust 26, 2022February 8, 2023
Britain will share technical expertise with Ukraine as part of a new package of support…
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Low-Growth, High-Inflation Era Beckons Post-Pandemic America.
Europe

Low-Growth, High-Inflation Era Beckons Post-Pandemic America.

byakintundeAugust 25, 2022August 25, 2022
On paper, T.J. Semanchin’s Wonderstate Coffee business seems more productive than ever; with fewer workers…
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