LIVE – Mega fine for Meta in the making, consumer confidence is falling

11.08 – Mega fine for Meta Platforms is imminent

Meta Platforms, the owner of Facebook, can face a fine of USD 1.3 billion in the European Union. This is what sources say The Wall Street Journal. The fine is imposed because Meta forwards privacy-sensitive data from EU citizens to the US. The fine is expected to be officially announced later today.

11.01 – Consumer confidence falls

10.57 – Fintech company Wise under pressure due to departure plans top duo

The British fintech platform Wise, which specializes in international payments, loses 4 percent on the stock exchange due to a double announcement. CFO Matt Briers will leave the company next year, while CEO Kristo Käärmann will take paternity leave from September.

Kristo Käärmann, Estonian co-founder and CEO of Wise (ex-Transferwise) – Getty Images

09.31 – E-bike builder Cowboy enters into an alliance with bicycle shops

The Brussels luxury bicycle manufacturer Cowboy announces a partner network for retail and service. There will be a “Retail Partner Network” with independent bicycle shops across Europe, in addition to the company’s own shops. “This new model will increase the brand’s retail and service presence across the continent,” the company says. Cowboy has the ambition to attract 300 new Retail Partners in 60 European cities by the end of the year.

Photo Cowboy

09.20 – Super merger among business lawyers: Allen&Overy merges with Shearman&Sterling

More than 3,900 top lawyers from 49 countries will come under one roof as a result of the merger announced by A&O (Allen & Overy) and Shearman & Sterling. The new office will be called A&O Shearman.

09.03 – Bel20 opens slightly higher

The Brussels stock index Bel20 opens the new trading week with a profit of 0.11 percent, to almost 3,741 points.

08.45 – Distribution sector unions take to the streets

In an hour or two, the national demonstration of the distribution sector will start in Brussels, an initiative of the three major trade unions ACV, ABVV and ACLVB. 10,000 to 15,000 participants are expected. The reason for the event is the social unrest at Delhaize. 👉 More wallpaper here

07.52 – Mitsotakis wins Greek elections

New Democracy, the conservative bloc around current Prime Minister Kyriakos Mitsotakis, wins the elections in Greece, but does not get an absolute majority. 👉 Read more

Kyriakos Mitsotakis addresses his supporters. —Getty Images

About admin

Check Also

Is PEPE coin going to rise or is the bull run cycle over, are $COPIUM and AiDoge the new trending cryptos?

NB! This is a paid press release. After its sudden appearance on the crypto market, …

Bir cevap yazın

E-posta hesabınız yayımlanmayacak. Gerekli alanlar * ile işaretlenmişlerdir