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Foo Yun Chee

Setback for Nvidia's $54 billion ARM bid as EU regulators open probe

Oct 27 2021

BRUSSELS Nvidia suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM on concerns the deal could lead to higher prices, less choice and reduced innovation.

Hackers-for-hire are biggest cybersecurity threat -EU agency

Oct 27 2021

BRUSSELS Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, with the COVID-19 pandemic and home working creating opportunities for cybercriminals, EU cybersecurity agency ENISA said in its annual report on Wednesday.

EU tech rules should curb cloud computing providers, study says

Oct 26 2021

BRUSSELS (Reuters) -Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google and Facebook should also tackle providers of cloud computing services for possible anti-competitive practices, a study said on Tuesday.

EU tech rules should curb cloud computing providers, study says

Oct 25 2021

BRUSSELS, Oct 26 Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google and Facebook should also tackle cloud computing services providers over potential anti-competitive practices, a study said on Tuesday.

Data group S&P gains EU nod for $44 billion IHS takeover

Oct 22 2021

BRUSSELS Business information provider S&P Global Inc on Friday moved a step closer to market-leading duo Bloomberg and Refinitiv after gaining EU antitrust approval for its $44 billion takeover of IHS Markit.

EU's Vestager warns of more anti-cartel raids, criticises 'no-poach' deals

Oct 22 2021

BRUSSELS EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe's anti-trust chief warned on Friday, as she also sounded the alarm about competition in labour markets due to "no-poach" deals.

EU's Vestager warns of more anti-cartel raids

Oct 22 2021

BRUSSELS, Oct 22 EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe's anti-trust chief warned on Friday.

New benchmark rates to replace Swiss Libor, EONIA next year, EU says

Oct 22 2021

BRUSSELS (Reuters) -Two new interest rate benchmarks will replace the Swiss Libor rate and the Euro Overnight Index Average (EONIA) in contracts and financial instruments from next year, the European Commission said on Friday.

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