“Fortnite” maker Epic Games said on Friday Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a bitter feud over the technology giant’s control of the iOS app ecosystem.
Global investors piled into equity funds in the week to July 3 on expectations of U.S. rate cuts following weaker economic indicators and dovish remarks from Federal Reserve Chair Jerome Powell.
Visa and Mastercard will extend caps on tourist card fees agreed five years ago with EU antitrust regulators by another five years to 2029, the European Commission said on Friday.
Hong Kong’s Cathay Pacific Airways will buy back the remaining 50% of preference shares that were issued to the Hong Kong SAR Government on July 31, the company said on Friday.
China’s securities regulator vowed on Friday to clamp down harder on financial fraud, saying it is pushing for harsher punishment against lawbreakers as it seeks to revive confidence in the country’s struggling stock markets.
With the European Union’s extra duties on Chinese-made electric vehicles (EVs) taking effect on Friday, some carmakers have been considering whether to raise their prices or take other measures in response.
The European Commission said on Friday it had requesting Amazon provide more information on the measures the U.S. e-commerce giant has taken to comply with its Digital Services Act (DSA) obligations.
Investors poured $19 billion into bond funds in the week to Wednesday, the biggest inflow since February 2021, as they locked in high yields, Bank of America said in a research note on Friday.
China-based electric automaker Nio said on Friday Steven Wei Feng has stepped down as its chief financial officer, effective immediately, citing personal reasons.
The European Commission has begun canvassing the region’s semiconductor industry for its views on China’s expanded production of older generation computer chips, two sources familiar with the matter told Reuters.
