The Federal Trade Commission’s blockbuster antitrust lawsuit against Amazon.com Inc. alleges a far-reaching monopolistic scheme to stifle competition across online marketplaces and harm US consumers and businesses.
The European Central Bank should increase the amount of money it requires lenders to park with it interest-free by as much as 10 times, Governing Council member Robert Holzmann told the WirtschaftsWoche magazine.
North Korea will expel the US Army soldier who bolted across the border from South Korea in July, but didn’t give any indication on how it would arrange his return.
Spanish conservative opposition leader Alberto Nunez Feijoo failed as expected in an initial bid to win parliamentary backing to form a government, putting acting Prime Minister Pedro Sanchez a step closer to retaining power.
US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed home-purchase applications.
Binance said it exited its Russia business by selling it to CommEX, a crypto exchange that says it officially launched on Tuesday.
UBS Group AG sought to convince France’s top court on Wednesday to overturn a reputation-damaging conviction and €1.8 billion ($1.9 billion) penalty for helping wealthy French clients stash away undeclared funds in Swiss accounts.
Climate change, freak weather events and the energy transition will make it harder for the European Central Bank to properly gauge the euro zone’s economic health and set monetary policy, according to some of the institution’s latest research.
Veteran banker Sandeep Chopra, has resigned as a managing director at DBS Group Holdings Ltd.’s India unit, according to people familiar with the matter.
The European Union is finalizing partnerships with the Democratic Republic of Congo and Zambia to boost local industries as the bloc competes with China to secure critical materials for the green and digital sectors.
