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Europe
Navigation Company TomTom is Making a Profit Again
Navigation service provider TomTom succeeded in posting a net profit in the first three months of this year after periods of losses that preceded it.
The navigation technology of the Dutch company gained market share among car…
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Man Ploughs into Pedestrians in Norway: One Dead, Two Injured
In the Norwegian town of Steinkjer, north of Trondheim, a man drove his car into several pedestrians. A man in his twenties died of his injuries in the hospital, and two others suffered minor injuries. The Norwegian police report this.…
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German Market Regulator Takes a Closer Look at Apple
The German competition authority places Apple under stricter supervision. This American tech company has a lot of power in several sectors. That is why the maker of iPhones is given a special status that gives market watchdog…
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IEA Reports Record Sales of Heat Pumps in Europe
Sales of heat pumps in Europe rose to a record level last year due to sharply higher energy prices. The International Energy Agency (IEA) reports this in a report.
According to the IEA, European sales jumped 40 percent compared to…
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Financial Times: Swiss Judiciary is Investigating Credit Suisse Takeover
Swiss justice has opened a criminal investigation into the state-backed takeover of banking group Credit Suisse by UBS Group, reports the British business newspaper Financial Times.
According to a report, the prosecutor in Bern is…
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Meta Considers Ban on Political Advertising in Europe
The top of Meta, the parent company of Facebook, Instagram and Whatsapp, is looking at a company-wide ban on political advertising in Europe out of concern that otherwise, Facebook and Instagram will not be able to comply with future EU…
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European Negotiators Set Target Figures for the Roll-Out of Charging Stations
By 2026, drivers of electric cars on the main European thoroughfares must be able to charge their vehicle every sixty kilometres. Negotiators from the European Parliament and the Swedish EU Presidency have reached a political agreement.…
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European Commission: Alitalia Must Repay Government Loan
The loan of 400 million euros that the Italian government provided to the airline Alitalia in 2019 is illegal state aid, the European Commission has ruled.
Italy must recover the money plus interest from the company.
In May 2017,…
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