Tag Archives: Europe

Yandex, the Russia-based internet company, and its fast grocery unit Yango Deli are rethinking the company’s strategic priorities in the United Kingdom and France, TechFundingNews.com reported Friday (April 1). The news outlet reported Yango Deli delivery will end its operations in France as the business suffers. The company is also exploring the sale of its United Kingdom division, sources told the online news organization. “Yango Deli is gradually suspending its ultra-fast grocery… Source link

European stocks: US President Joe Biden gives a joint press statement with European Commission President Ursula von der Leyen in Brussels, Belgium. Photo: Evelyn Hockstein/Reuters European stock edged higher on Friday as US president Joe Biden and European officials announced plans to send US natural gas to Europe. The FTSE 100 (^FTSE) was up 0.1% to 7,482, while the French CAC (^FCHI) was 0.1% lower. The DAX (^GDAXI) was up by 0.2% as trading closed in Europe. Across the pond, stocks stalled… Source link

The West African country will be the first landing of the ‘Equiano’ cable, which will run from Portugal to South Africa. The West African country of Togo will be the first landing of a new Google undersea internet cable connected to Europe, in what the tech giant and the Togolese government have hailed as a “major digital infrastructure transformation initiative”. The announcement on Friday comes months after Google and Alphabet CEO Sundar Pichai announced a five-year $1bn investment… Source link

A secret deal struck between Google and Meta, the parent company of Facebook, is being investigated by antitrust regulators in the European Union and Britain for potentially undermining competition in the multibillion-dollar digital advertising market. The inquiry, which was announced on Friday by the European Commission and U.K. Competition and Markets Authority, is the latest effort to scrutinize the business practices of the world’s largest technology companies. The regulators said the… Source link

Google logo is seen on a smartphone in front of RT and Sputnik logo in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register March 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Tuesday that it has blocked mobile apps connected to RT and Sputnik from its Play store, in line with an earlier move to remove the Russian state publishers from its news-related features. A number of tech companies have limited… Source link

Nigeria is looking to Europe for funding to complete infrastructure projects such as railways, with a senior official in the West African nation saying Chinese loans are drying up. Analysts say Nigeria’s situation reflects a broader Chinese move away from funding these expensive projects in Africa, where China has provided hundreds of billions of dollars in loans to develop infrastructure as part of its Belt and Road Initiative. Last weekend, Transport Minister Rotimi Amaechi told Nigerian… Source link

Amazon founder Jeff Bezos has an interest in bridge infrastructure. The billionaire, currently the world’s second-richest man, will pay the Dutch city of Rotterdam to dismantle and then rebuild part of a historic 95-year-old bridge to allow his new superyacht, the world’s tallest, to pass through it and out to sea. It’s a move that lies in stark contrast with bridge infrastructure in Bezos’s home country: the United States. A new study by the American Road & Transportation Builders… Source link

“We are an example of the consequences,” said Michal Feix, a former chief executive of Seznam, who now leads its policy and legal work as an outside consultant. Without the new laws, he said, “you just can’t compete.” Google said its success in the Czech Republic was the result of building a superior service. Czechs “choose our products because they help people find the information they’re looking for — and because we make thousands of improvements every year,” Google said… Source link

Yahoo Japan has announced that most of its online services will cease to be accessible in the European Economic Area and the UK as of April 6th. The company’s email, credit card, and ebook services will continue to be available, but everything else is going dark. The given reason is the cost of complying with European regulations, which would include GDPR. In a statement, Yahoo Japan says it would be difficult to provide continuous service for customers in the EEA and UK, and went… Source link

(Bloomberg) — Concern among some big European nations about economic fallout raises the risk of a split with the U.S. on how strongly to hit Russia with fresh sanctions if it invades Ukraine, according to people familiar with the matter. Most Read from Bloomberg Western allies are united in their desire to prevent a war as they enter high-stakes talks this week aimed at defusing tensions with Russia, warning it faces massive penalties for any incursion. Actions that have been discussed… Source link