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EU Considers Emergency Approvals To Boost COVID-19 Vaccine Rollout: Reuters
Wednesday, March 3, 2021 - 7:13am | 768Read More...The European Commission is considering emergency approvals for COVID-19 vaccines as a faster alternative to lengthy conditional marketing authorizations used so far, reports Reuters. This potential change comes as the commission is under pressure for slow vaccine approvals contributing...
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Stock Market Update For The Week Ahead: Santa Claus Rally?
Monday, December 28, 2020 - 7:59am | 498Read More...The Last Week In A Nutshell What Happened: Prior to the holiday weekend, on tapering volumes, U.S. index futures balanced. Remember This: “Equity strength at this time of the year is widely known as the Santa Claus Rally, but the term is somewhat misunderstood,” researchers said in...
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UK Reaches Last-Minute Brexit Deal With EU
Thursday, December 24, 2020 - 1:39pm | 523Read More...Just days before a Dec. 31 deadline, the U.K. and the European Union have agreed to terms on a historic Brexit deal that establishes a framework for how European commerce will work starting in January. What Happened: More than four years after the U.K. voted to leave the European Union, the EU...
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Facebook's Latest Pot Shot At Apple: Hope EU Legislation Will 'Set Boundaries' For iPhone Maker
Tuesday, December 15, 2020 - 9:33pm | 458Read More...Facebook Inc (NASDAQ: FB) fired a salvo at Apple Inc (NASDAQ: AAPL), saying it hopes the latest European Union draft rules on reigning in powers of tech giants sets limits for the latter, Reuters reported Tuesday. What Happened: The Mark Zuckerberg-led social media giant reportedly pointed to...
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'The Third Wave': Stock Market Update For The Week Ahead
Sunday, December 6, 2020 - 6:15pm | 1183Read More...The Past Week, In A Nutshell What Happened: In light of hopes for a sustained economic rebound, U.S. broad market indices pushed to new all-time highs. Remember This: “[T]he third wave is now hitting the economy harder than we thought and that the damage is likely to keep adding up in coming...
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Apple Sued For $200M In EU Over Allegations It Deliberately Slowed Down iPhones To Mask Battery Issues
Tuesday, December 1, 2020 - 11:15pm | 393Read More...Apple Inc (NASDAQ: AAPL) has been sued by a consumer advocacy group in Europe over allegations that the company deliberately slowed down iPhones, the Financial Times reported Tuesday. What Happened: Euroconsumers — the advocacy group — is suing the Tim Cook-led company for $217.4...
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French Tax Authorities Nudge Amazon, Facebook To Shell Out Digital Tax: FT
Wednesday, November 25, 2020 - 4:01am | 665Read More...Facebook, Inc (NASDAQ: FB) and Amazon.com, Inc (NASDAQ: AMZN) have received a demand of millions of euros from the French tax authorities, the Financial Times reports. What Happened: France seeks to collect "digital tax" for 2020 from the U.S. technology groups....
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'CBD Is Not A Narcotic': European Court Rules Against Restrictions On CBD Commerce
Monday, November 23, 2020 - 5:09pm | 375Read More...The European Court of Justice ruled on a crucial case last week that could have large consequences over the commercialization of CBD across Europe. The ruling body — the supreme court of the union in matters of European Union law — ruled that CBD is not a narcotic. This...
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Panaxia And Neuraxpharm Advance Partnership To Bring Medical Cannabis To France
Monday, November 23, 2020 - 10:10am | 385Read More...Israel medical cannabis producer Panaxia Labs Israel (TASE: PNAX) and European pharmaceutical company Neuraxpharm are planning to reach the French market. The two companies have agreed to a production, marketing, and delivery partnership to distribute Panaxia...
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Airbnb Could Join Europe's 'Gatekeeper' List Alongside Google And Amazon: FT
Monday, November 9, 2020 - 12:27am | 457Read More...Airbnb Inc could face headwinds in Europe with its potential inclusion as a “gatekeeper” portal under the new Digital Markets Act, the Financial Times reported Sunday. The European authorities are still deliberating over the internet regulation guidelines and the list of...
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'Further Gains Ahead': Stock Market Update For The Week Ahead
Sunday, October 25, 2020 - 5:37pm | 1751Read More...The Past Week, In A Nutshell What Happened: Last week ended negative alongside mixed messaging on stimulus. Remember This: “Markets have come a long way since the March lows, but we believe there may be more room for stocks to run,” said Jeff Buchbinder, Equity Strategist for LPL...
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In A Rare Event, Two Cryptocurrencies Are Set To Merge
Thursday, October 22, 2020 - 2:46am | 324Read More...Two cryptocurrencies are set to merge after Voyager Digital Ltd (OTC: VYGVF), a licensed digital asset broker, said on Thursday it is combining its European operations with LGO SAS. What Happened: The two tokens — VGX and LGO — will be merged post the deal and a new version of the...
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Facebook Rolls Out Dating Service In Europe Amid High Regulatory Scrutiny
Thursday, October 22, 2020 - 12:34am | 455Read More...Facebook Inc (NASDAQ: FB) said Wednesday that it was expanding its dating service to Europe, already available in 20 countries outside the continent — including the United States. What Happened: The opt-in service lets members find “meaningful relationships” based on common...
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AstraZeneca Gets EU Committee Recommendation For Approval Of Heart Failure, Lung Cancer Treatments
Monday, October 19, 2020 - 5:54am | 337Read More...The United Kingdom-based pharmaceutical company, AstraZeneca Plc (NASDAQ: AZN) received The Committee for Medicinal Products for Human Use (CHMP) recommendation for two of its treatments, Forxiga and Trixeo Aerosphere. CHMP is the European Medicines Agency's committee responsible for...
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Facebook Faces 2 Irish Probes Over Handing Of Children's Data On Instagram
Sunday, October 18, 2020 - 8:42pm | 471Read More...Facebook Inc (NASDAQ: FB) is facing two investigations in Ireland over its handling of children's personal data, Reuters reported Sunday. What Happened: Graham Doyle, Deputy Commissioner of the Data Protection Commission (DPC) — the main privacy regulator in the European Union...
