Europe

EU Slams Meta's 'Privacy for Cash' Model, Says SocMed Platforms Should Provide Free Option Without Targeted Ads

EU privacy watchdog suggested that Meta platforms and other major online platforms should provide users with the choice to use their services for free, without the inclusion of targeted advertising.


UK Supermarkets Misled Shoppers with Origin Labels on Food, Investigation Finds

The investigation conducted by Which? uncovered cases where labels inaccurately portrayed product origins as British, despite containing ingredients sourced from overseas...

Denmark: Iconic 400-Year-Old Copenhagen Stock Exchange Building Collapses in Fire

A fire broke out during renovations at Denmark's historic stock exchange in Copenhagen today, causing the building to erupt into flames...

UK Receives Record-Breaking Public Donations to Pay Off National Debt

The United Kingdom receives voluntary donations towards reducing national debt at the highest level in the last ten years...


Latest News

George Osborne Opts For Further Cut In Public Spending In Lieu of Tax hiking
George Osborne has over-shoot the borrowing forecast due to weak economic outlook and poor tax receipts. In order to achieve his self imposed goal, he has been left with only two options for his 2016
Nicola Sturgeon Acknowledges Scotland's Economy Challenges, Said The Country Remains Fundamentally Strong After £15 Billion Deficit
Scottish First Prime Minister Nicola Sturgeon said in an interview that the country’s economy remains strong even amid challenges that she acknowledges. She expects that the huge deficit would be mana
Diageo confirms $40-mln payment to Vijay Mallya
Diagio Plc, British liquor major, says it paid $40 million to trouble-ridden Indian businessman Vijay Mallya. This comes close on the heels of an order by Debt Recovery Tribunal (DRT) not to pay Mally
Citigroup sets up new group for rich investors
Citigroup has established a new asset management group to offer varied solutions and services to richest investors across the world. The new global asset management group will function within investme
French Court Verdicts In Favor of Uber’s Geo-Localization Service
A European Union rule requires prior notification to itself in restricting social information service. The rule also bars targeting a specific service. A French court has overturned a government order
VW Group America CEO Michael Horn to step down
Michael Horn is stepping down as CEO of Volkswagen Group of America. Hinrich J. Woebcken will act as an interim CEO for Volkswagen Group of America from 1 April 2016 onwards.
German Utility E.ON Incurred Losses Doubled In 2015, Mulling For Focusing On Renewables
E.ON incurred losses has doubled in 2015 and forecasts for a gloomy 2016 due to historic low energy tariff and transformation of Germany towards renewables. Tremendous growth in the subsidized sector
Nasdaq to acquire International Securities Exchange for $1.1bln
Nasdaq will acquire International Securities Exchange (ISE) for $1.1 billion from Germany's Deutsche Börse. The acquisition transaction is expected to close by end of 2016 year.
Audi rolls out new monster diesel SUV 'SQ7 TDI'
Audi has come out with a high performance diesel prototype sports utility vehicle (SUV) 'SQ7 TDI.' Audi is a premier brand of Volkswagen Group, which is facing regulatory investigation over emissions
Eurogroup and IMF Will Begin Talks on Greece Debt Relief in April
Eurogroup President Jeroen Dijsselbloem said to begin review on Greece debt soon. The group will renew talk after Greek government continue its reform plan.
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