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3 FAANG Stocks Lost $47 Bn In 1 Day: How Apple, Google, Meta, Amazon May Face 10-20% Fines On Turnover By EU

FAANG giants Apple Inc, Google's parent Alphabet Inc, and Meta Platforms nosedived overnight, losing cumulatively 47 billion dollars in a single trading session. The reason why investors are bearish on these big techs is because of possible penalties by the European ...

EU Court Largely Upholds USD 4 Billion, Google Android Antitrust fFne

One of the European Union's highest courts has largely upheld the bloc's biggest-ever antitrust fine, issued to Google by the bloc's competition enforcers in 2018 over its Android mobile operating system. The European Court of Justice's General Court on Wednesday mostly ...

'EU' Leader Calls For Russian Oil Ban in New Set of Sanctions

The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia in a sixth package of sanctions targeting Moscow for its war in Ukraine. European Commission President Ursula von der Leyen also proposed that ...

EU Begins, Emergency Gas Talks

European Union officials are holding emergency gas talks following Russia's decision to abruptly turn off supplies to Poland and Bulgaria, according to the bloc's top official. European Commission president Ursula von der Leyen said the announcement by Gazprom "is ...

India, EU Announce Launching Trade & Technology Council, To Deal With New Challenges

Prime Minister Narendra Modi and European Commission President Ursula von der Leyen on Monday announced the setting up of an India-EU Trade and Technology Council, a high-level strategic mechanism to tackle key trade, economic and technological challenges. India is ...

Brexit Deadline Extended By 3 Months

The European Union on Monday agreed to extend the deadline for Brexit to 31 January 2020, according to a tweet from the European Council president Donald Tusk. Tusk has said that the bloc would allow for a so-called "flextension," which ...

What Is A Trade War? All About Current Global Trade War Threats

Global trade war is largely feared and tensions are only mounting with trigger being US President Donald Trump's plan to levy trade tariffs on import of steel and aluminium @ 25% and 10% respectively. This was a protectionist measure to safeguard ...

Nifty Ends Higher; Global Markets On Edge As UK Votes On EU Referendum

Indian benchmark indices ended the day higher, as global markets remained on the edge, even as Britishers voted for a referendum to stay or leave the EU. Most Asian markets closed higher, as the odds of the UK staying in ...

Are Gold Prices Going To Hit Record In India If Britain Exits The EU?

The price of 24k gold in India at the start of the year was around 24,900 per 10 grammes. As we write it has scaled a new 2016 peak of Rs 29,750 per 10 grammes. Next week we are going ...

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