Tag Archives: Europe

Nigeria looks to Europe for funding as Chinese lenders move away from costly projects in Africa

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

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Jeff Bezos paid for his megayacht to pass under a bridge in Europe while over a third of America’s are falling apart

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

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Google Faces New Antitrust Law in Europe

“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

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Yahoo Japan is going dark in Europe

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

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Europe Fears Economic Hit If Russia Is Sanctioned Heavily

(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

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Google delays return to office in Europe, Middle East, Africa – Business Insider

A man walks past a logo of Alphabet Inc’s Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to reuters.com Register Dec 2 (Reuters) – Alphabet Inc’s (GOOGL.O) Google is delaying its return-to-office plan in Europe, the Middle East and Africa on concerns over the Omicron variant of the coronavirus, Business Insider reported on Thursday, citing a company memo. Google had previously extended its voluntary… Source link

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Europe, U.S. Futures Dip; Traders Monitor Oil Spat: Markets Wrap

(Bloomberg) — European and U.S. equity futures slipped Monday and Asian stocks were steady as investors mulled the outlook for Federal Reserve stimulus support and OPEC+ tension over oil. Shares dipped in Japan and Hong Kong and fluctuated in China, where cybersecurity probes into ride-hailing giant Didi Global Inc. as well as some other online platforms highlighted Beijing’s push to curb the influence of the nation’s internet companies. Chinese technology firms fell in Hong Kong. The S&P… Source link

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Google will stop charging search providers for chance to be Android default in Europe

Google is changing how its Android search engine choice screen works in Europe, following complaints from rivals about its pay-to-play model, the company has announced in a blog post. The selection screen appears for users when they first set up an Android device, and is designed to offer a choice of search engines after Google was hit by a record $5 billion antitrust fine in 2018. From September, the search giant is making it free for search engines to be included, and is increasing the… Source link

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Google will stop charging search providers for chance to be Android default in Europe

Google is changing how its Android search engine choice screen works in Europe, following complaints from rivals about its pay-to-play model, the company has announced in a blog post. The selection screen appears for users when they first set up an Android device, and is designed to offer a choice of search engines after Google was hit by a record $5 billion antitrust fine in 2018. From September, the search giant is making it free for search engines to be included, and is increasing the… Source link

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Google just made a key concession to smaller search rivals in Europe

 SOPA Images | Contributor | Getty Images LONDON — Google said Tuesday that it will stop charging a fee for search engines to appear in a list of default search engines on Android that’s exclusive to European users. The so-called “choice screen” was introduced by Google in 2019 in response to a record $5 billion antitrust fine from the European Union targeting anti-competitive practices in its smartphone software. Search engines would have to take part in blind auctions in which they bid to… Source link

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