Tag Archives: European

European news companies sue Google over ad tech dominance

European news companies sue Google over ad tech dominance

European news media companies sued Google for roughly $2.1 billion in damages Wednesday over allegations that the tech giant’s ad technology practices have harmed them.   The case, filed by more than 30 European news media companies, including the German-based company Axel Springer that owns Politico, is the latest challenge to the California-based company over its ad technology, including a case launched by the Department of Justice last year.   The companies suing… Source link

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European Stocks Push Higher on Coattails of S&P: Markets Wrap

European Stocks Push Higher on Coattails of S&P: Markets Wrap

(Bloomberg) — European stocks edged up after the S&P 500 closed at a new record high Friday amid optimism over eventual Federal Reserve interest-rate cuts and as investors look forward to a crucial update on US inflation. Most Read from Bloomberg Rates-sensitive real estate stocks led broad gains across almost every industry group in Europe. Shares in Italian luxury brand Tod SpA shares rose as much as 18% after the founding family said it had enlisted buyout firm L Catterton in a new attempt… Source link

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European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link

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