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Google to face new EU antitrust charges

Google could face a lawsuit in the EU that accuses it of anticompetitive conduct in the digital advertising. The company risks its fourth billion-euro fine.

14 October 2022
Executives of major U.S. banks: high capital requirements hurt lending

At the moment, the U.S. Federal Reserve is engaged in a thorough review of what bank capital should be. Thus, it’s absolutely clear that the introduction of stricter rules for certain categories of banks is inevitable.

14 October 2022
Uber and Lyft shares dropped as a proposal by the U.S. Department of Labor arises

The U.S. Department of Labor is putting forward a bill that would prevent firms from treating workers as independent contractors as of Tuesday. The measures are expected to affect sectors, including delivery, ride-hailing and others, where these workers are needed.

12 October 2022
EC reviews whether the deal between Microsoft and Activision will affect competition

Game developers have received a question from EU anti-monopoly regulators.

10 October 2022
Boeing 737 MAX landed in China for the first time since 2019

According to the information provided by flight tracking internet services, Boeing 737 MAX, belonging to the national airline of Mongolia, MIAT Mongolian Airlines, successfully landed at the airport in the Chinese city of Guangzhou. The event became the first time this model of jet executed a commercial flight on the territory of China since spring 2019, when 737 MAX had been banned from flying in the country.

10 October 2022
Canada approves upgraded Pfizer vaccine

According to data published on the official website of the Government of Canada, improved COVID-19 booster vaccines produced by Pfizer Inc in conjunction with BioNTech SE to protect against the Omicron BA.4 and BA.5 subvariants were approved on Friday.

10 October 2022
Nasdaq needs clear legal regulation to launch a crypto exchange

Tal Cohen, executive vice president at Nasdaq, said that the U.S. stock exchange does not plan to launch a cryptocurrency exchange anytime soon. Legal regulation of the issue by policymakers needs to be determined first.

7 October 2022
Deal between Microsoft and Activision may be approved by the end of November

The U.S. Federal Trade Commission (FTC) may come to a decision on the deal between Microsoft and Activision by the end of November. Earlier, the Microsoft company has offered to acquire Activision for $69 million.

6 October 2022
Japanese Ministry of Health Approves Pfizer's COVID Vaccine for Children

Pfizer Inc. in Japan has received approval for two versions of the COVID-19 vaccine.

6 October 2022
Visa to suffer the greatest losses as new debit-card rules appear

New guidelines approved by the Federal Reserve (Fed) on debit card transactions could have a negative impact on the financial performance of companies that operate payment systems. However, the updated rules aren't as harsh as expected, analysts note.

5 October 2022