Category: Specialized & Regional
Specialized & Regional Networks
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EU court backs Meta fight against gatekeeper label for Marketplace, but not for Messenger
BRUSSELS, June 3 : Europe’s second-highest court on Wednesday backed Meta Platforms’ fight against the labelling of its Marketplace platform as a gatekeeper under EU rules but rejected its challenge against the same designation for its messaging app Messenger.”The decision does not satisfy the requirements in
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Nippon Paint, Sherwin-Williams end takeover pursuit, AkzoNobel shares tumble
TOKYO/GDANSK, June 3 : Nippon Paint and Sherwin-Williams said on Wednesday they had decided to terminate their efforts to jointly acquire rival paint maker AkzoNobel.Shares of the Dulux paint maker fell more than 20 per cent in early trade after being halted initially, and were set for their worst-ever tradin
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OECD cuts 2026 global growth forecasts over Mideast war fallout
If energy disruption persists well into next year, some economies could fall into outright recession, with Asian countries reliant on Middle East energy supplies expected to be hit hardest.
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Fire sweeps through New Delhi building, killing at least 21 people
NEW DELHI: At least 21 people were killed in a fire at a hotel in Delhi on Wednesday (Jun 3), police said, in one of the worst such incidents in the capital in recent years.”It is with profound sorrow that 21 persons have been declared dead in this tragic incident,” police said in a press…
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Amazon launches Prime in South Africa for under $4 a month
June 3 : E-commerce giant Amazon.com said on Wednesday it has launched its paid Prime service in South Africa, offering faster deliveries and media content for 59 South African rand ($3.61) a month or 399 rand a year. Here are some details: • Amazon Prime is already available in 26 other countries, w
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Iranian drone attack hits Kuwait airport as US and Iran trade strikes
Kuwait suspended commercial flights after drones heavily damaged its international airport, hours after Iran fired missiles at Kuwait and Bahrain and the US struck an Iranian military facility on Qeshm Island. Iran’s IRGC said it had targeted the US Navy’s 5th Fleet headquarters in Bahrain.
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Alphabet’s $80 billion stock sale leaves Wall Street in ‘unprecedented territory,’ says Goldman’s Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet’s underwritten offerings.
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