European Union Probes Amazon As Scrutiny Over Tech Giants Grows

BRUSSELS (AP) — While the U.S. Congress talks about reining in big tech companies, Europe is taking action. The European Union said Wednesday it is investigating whether Amazon uses data from independent retailers to gain an unfair advantage, a decision that could lead to changes in how the internet’s biggest marketplace works. The move echoes similar antitrust actions against Google […]

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Amazon Expands Product Serialization Service To More Countries

Amazon.com Inc. has expanded its product serialization service to seven more countries as part of the e-commerce giant’s efforts to prevent sales of counterfeit products on its platform. Amazon said in a statement that it has expanded Transparency, its product serialization service, to France, Germany, Italy, Spain, U.K., India, and Canada. Transparency provides a unique, alphanumeric non-sequential code for every […]

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Neo-fascist Golden Dawn party crashes out of Greek parliament

Far-right party fails to pass three percent threshold in national election following years in legislature. Seven years and four elections since first entering Greece‘s parliament, the neo-fascist Golden Dawn party has been knocked out of the crisis-hit country’s legislature. With nearly all of the ballots in Sunday’s general election counted, Golden Dawn had gained 2.93 percent of the votes, failing to clear […]

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Europe demands Iran reverse course as Tehran violates the nuclear deal

The European signatories fighting to save the Iran nuclear deal in the wake of America’s unilateral withdrawal last year expressed concern in response to repeated violations of the 2015 agreement by Tehran this past week. The European Union, the United Kingdom, France, and Germany have condemned Iran’s latest actions and urged the country to reverse course. Iran is threatening progressive […]

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Iran's president trolls nuclear deal signatories after breaching uranium stockpile limit: 'If you want to express regret and issue a statement, you can do it now'

Iran put signatories to the 2015 nuclear deal in a bind this week after it breached a limit on its enriched uranium, and threatened to grow the stockpile to weapons-grade levels by next week. European nations warned Iran not to proceed, and issued a statement on Tuesday evening saying that they “regret this decision by Iran.” Afterward, Iranian President Hassan […]

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UK Financial Watchdog Grants License to London-Based Crypto Asset Firm

London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was announced in a press release on July 1 Being FCA-authorized gives Prime Factor Capital the right to operate as a full-scope AIFM under the European Union’s AIFM Directive (AIFMD). […]

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European shares move higher ahead of pivotal G20 meeting

(Reuters) – European stocks edged higher on Friday, as investors treaded cautiously ahead of a critical G20 meeting where the outcome of U.S-China trade talks will be closely monitored against the backdrop of a slowing global economy. U.S. President Donald Trump is set to hold a high-profile meeting with Chinese President Xi Jinping on Saturday, and markets are nervous over […]

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May Warns Tory Rivals She Could Vote to Stop a No-Deal Brexit

Prime Minister Theresa May has given her strongest signal yet that she could oppose her successor if he tries to force the U.K. out of the European Union without a deal. Speaking to reporters on her way to the Group of 20 summit in Japan, May declined to promise she will loyally follow the orders of the next Conservative Party […]

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