Amazon, Microsoft cloud services could face tougher EU rules
Amazon and Microsoft cloud services could face stricter EU competition rules after Brussels on Tuesday launched probes to assess their market power. Brussels had been under pressure to include the services under the scope of a major law because of the dominance of US cloud providers, which hold around two thirds of market share in […]
Venezuelan opposition leader looks to ‘new era’ without Maduro
With US warships deployed within striking distance of Venezuela, the country’s opposition leader Maria Corina Machado spoke Tuesday of her vision for “a new era” without President Nicolas Maduro. Maduro, whose last two re-elections were rejected as fraudulent by the United States and other countries, fears the naval deployment is a regime-change plot under the […]
Meta wins major antitrust case as US judge rules no monopoly
A US judge dismissed the federal government’s antitrust lawsuit against Meta on Tuesday, ruling that the tech giant’s acquisition of Instagram and Whatsapp did not constitute an illegal monopoly in social media. The ruling delivered a major victory to Meta after a five-year battle that began when the US agency filed suit claiming the company […]
South Africa to host G20 summit boycotted by US
South Africa will host the G20 summit this weekend, aiming to secure commitments on debt relief for developing countries and to tackle global inequalities as the United States boycotts the event. US President Donald Trump, who has clashed with South Africa over its G20 agenda, is skipping the summit amid a wider US retreat from […]
China passes US to return as Germany’s top trade partner
China has reclaimed its title as Germany’s top trading partner, dethroning the United States after President Donald Trump launched his tariff onslaught, official data showed Wednesday. Total trade between Europe’s biggest economy and China from January to September this year grew slightly to nearly 186 billion euros ($215 billion), according to federal statistics agency Destatis. […]