Google Sued by Axel Springer, 31 Other Media Groups in Europe for $2.3 Billion Over Digital Ad Practices

Google is facing a 2.1 billion euros ($2.3 billion) lawsuit filed by 32 media organizations in Europe, including Axel Springer and Schibsted, over alleged financial losses due to the company's digital advertising practices.

North Korea Continues to Secretly Send Vast Amounts of Artillery Shells to Russia for War, South Korea Says

North Korea has delivered millions of artillery shells to Russia, according to South Korea’s defense minister...

Ukraine's Volodymyr Zelenskyy Says He 'Can't Understand How Donald Trump Can Be on the Side' of Vladimir Putin Who 'Will Never Stop'

Ukraine's President Volodymyr Zelenskyy said that former President Donald Trump does not seem to understand that Russia's President Vladimir Putin "will never stop."..

Stellantis Partners With Ayvens to Sell 500,000 Cars in Europe, Promoting Sustainable Transportation

Stellantis signed a multi-billion-euro framework arrangement with Ayvens to sell 500,000 automobiles in Europe over three years...

Latest News

European Stock Extended Last Week's Gain Led by Banking and Commodity Sectors
Stoxx Europe 600 Index continued last week's gain. The index sets a new course for the first back-to-back advance in two weeks.
British Retailer Iceland Innovates to Take On German Competitors
In a battle with German's budget stores, Aldi and Lidl, Iceland introduces its food warehouse concept. The concept is an advancement of its old style format with cash-and-carry style.
Italian Banks Face a Bailout Following a Surmounting Bad Loans
Italy faces a €4.95 billion ($5.65 billion) bailout after bad loans in its banks accumulated to an alarming rate. The bank shares have lost close to half of its value in the last 12 months.
European banks under regulators' scanner amid Panama Papers issue
European banking regulators have begun probing links between banks and tax havens in the wake of leakage of Panama Papers. Switzerland's financial watchdog FINMA has cautioned banks to crack down on m
Asian shares, oil, bonds move up ending bruising week
Oil price, Asian stocks and bond yields were trading marginally higher on Friday ending the week on positive mode. Japanese currency Yen continued to rise against US dollar and this also further aided
Argentina to push $12.5bln bond offer in US, UK
Argentina government will market its $12.5-billion bond offer in North America by organizing road shows in New York, Washington and Los Angeles. The $12.5-bln bond offer will be marketed in the US and
Alibaba’s Alipay Will Launch European Expansion This Summer
Alipay is working on a plan to launch services in Europe this summer. The service will make it easier Chinese tourists to make transactions with European merchants using the app.
Canadian Pension Fund to Acquire 40% Stake in Agriculture Unit of Glencore For $2.5 Billion
Glencore is possibly nearer to a deal with Canda’s largest pension fund to sell 40% stake in its agriculture business. CPPIB has agreed to pay $2.5 billion against a total valuation of $6 billion. How
Scandinavian FSAs Summon Banks To Explain Their Accounts Against Panama Papers’ Allegations
Nordea Bank of Sweden and DNB ASA of Norway, largest lenders of the respective countries, have been accused of aiding in tax dodging by the leaked ‘Panama Papers’. DSAs of the respective countries hav
Prosecutors Around The Globe Initiate Probe Over Tax Dodging Leaked Through Panama Papers
Following the leak of documents related to tax dodging by a Panamanian Firm, governments around the globe has initiated probe in this regard. Tax payers are righteous to know the state actions in unea
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