Latest News

EU will force big tech to change 'behaviour': competition chief
EU will force big tech to change 'behaviour': competition chief
Economy
by  AFP

The EU is prepared to deploy its full arsenal to force big tech companies to change their behaviour online, the bloc's competition chief said Wednesday, the day before a sweeping new law comes into force. The competition commissioner pointed to a string of cases pursued against tech companies since 2014, to prove her point that Brussels means business.

US Fed's progress against inflation 'not assured': Powell
US Fed's progress against inflation 'not assured': Powell
Economy
by  AFP

The US Federal Reserve's progress in bringing down inflation is "not assured," the chair of the country's central bank told lawmakers in Washington Wednesday, on the first of two days of hearings in Congress. "But the economic outlook is uncertain, and ongoing progress toward our two percent inflation objective is not assured," he added.