EU says Apple’s App Store breaks competition rules after Spotify complaint
Apple has "abused its dominant position" in the distribution of music streaming apps, the European Commission said.
CNBC Europe
Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.
The European Commission announced Friday a preliminary finding that Apple had abused its dominant market position.
Lockdowns are lifting, but VCs remain bullish on food delivery start-ups
Venture capitalists are continuing to invest in food delivery start-ups, even though the margins are often small. Taster is the latest start-up to raise money.
Wind energy could generate 3.3 million jobs within five years, industry body claims
Several countries want to make wind energy a crucial tool in their pivot away from fossil fuels.
Euro zone economy slips into another recession as Covid lockdowns bite
The region might be in a technical recession, but economists are optimistic about growth looking ahead.
Barclays beats expectations in the first quarter as loan impairment charges slide
The British bank said credit impairment charges had fallen "significantly" to £55 million, down from £2.1 billion a year before.
Shell raises dividend for second time in six months after first-quarter earnings beat forecasts
Shell raised its dividend by around 4%, its second increase in six months, as the oil major seeks to reassure investors it has gained a more stable footing.
BNP Paribas gets a boost from equity trading as net profit rises 11%
BNP Paribas reported first-quarter net income of 1.8 billion euros ($2.18 billion) — an 11% increase from the previous quarter.
The European Super League plan collapsed. But it might not be dead forever
Now known as the "dirty dozen," 12 powerful European soccer clubs tried to form their own enclosed league.
Turkey goes into its first full lockdown as a third Covid wave surges
Residents fear the economic impact of the lockdown on a population already battered by high inflation, rising unemployment and a dramatically weakened currency.
Tyson Fury calls out UFC's Francis Ngannou; Derek Chisora backed by Michael 'Venom' Page
Tyson Fury has exchanged challenges with Francis Ngannou, the UFC's new heavyweight champion.
Dubai Airports boss blasts UK travel ban as ‘wrong,’ ‘not practical’ as traffic slumps by nearly 70%
The U.K. has indicated the UAE could stay on the red list due to its international transit hub status, despite its rapid vaccination campaign.
Global electric vehicle numbers set to hit 145 million by end of the decade, IEA says
Major carmakers are looking to increase their electric vehicle offering.
Arsenal: Spotify owner Daniel Ek to present 'very compelling offer' to Kroenke family
Spotify owner Daniel Ek says he is prepared for a "long journey" with his bid to buy Arsenal.
Stock exchange group Euronext acquires Borsa Italiana in a deal worth over $5 billion
The deal was first announced in October and received the greenlight from European regulators in March.
Amazon is raising eyebrows in Ireland with reports of a new e-commerce hub
The e-commerce giant is reportedly opening its first fully fledged fulfilment center in Dublin to service the Irish market.
Spotify founder 'very serious' about buying his favorite club, Arsenal, says he's secured funding
"I've been an Arsenal fan since I was 8 years old," Swedish billionaire and Spotify CEO Daniel Ek told CNBC. "I'm prepared that this could be a long journey."
British government takes a first step toward allowing ‘self-driving’ cars on public roads
The U.K. government announced that the first types of "self-driving" cars could be on British roads by the end of 2021.
UAE could stay on the UK's travel ‘red list’ indefinitely, and mixed messages are stoking confusion
"We're not restricting the UAE due to the level of coronavirus in the UAE," U.K. Transport Secretary Grant Shapps said. "The issue is one of transit."
Archegos hit to UBS stuns investors as shares slide
Market players surprised with UBS hit from Archegos scandal.
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