-
Record try-scorer Penaud faces French axe for Six Nations
-
UK approves plans for Chinese mega-embassy in London
-
Rosenior keen to build winning ties with 'world-class' Fernandez
-
Dakar delights in Senegal parade honouring AFCON champions
-
UK comedian Russell Brand in court on two new rape charges
-
France set to face New Zealand with second-string squad
-
Eyeing China, EU moves to ban 'high-risk' foreign suppliers from telecoms networks
-
Struggling Suryakumar will not adapt style to find form before T20 World Cup
-
World stocks sink, gold hits high on escalating trade war fears
-
Easier said than done for US to apply tariffs on single EU states
-
Canada military models response to US invasion: report
-
Salah returns to Liverpool training after AFCON
-
Milan menswear shows add bling with brooches
-
Scotland recall Gray, Cherry for Six Nations
-
Scheib storms to Kronplatz giant slalom victory as Brignone impresses in World Cup return
-
Chagos Islands: international dispute and human drama
-
Thousands of farmers protest EU, Mercosur trade deal ahead of vote
-
Men's Fashion Week kicks off in Paris with tributes for Valentino
-
Lake named as captain as Wales unveil Six Nations squad
-
Royals visit deadly train crash site as Spain mourns
-
Police, pro-Kurd protesters clash at Turkey border with Syria
-
Thai forces razed Cambodian homes on border: rights group
-
Jellyfish-inspired Osaka battles into Australian Open round two
-
Valentino taught us to respect women, says partner
-
Australia stiffens hate crime, gun laws after Bondi attack
-
Mercedes chief designer Owen to leave F1 team
-
Trump unloads on allies as Davos showdown looms
-
Moscow revels in Trump's Greenland plans but keeps concerns quiet
-
Global tourism hit new record level in 2025: UN
-
Senegal poised to party with parade honouring AFCON champs
-
Osaka emerges for Melbourne opener under hat, veil and parasol
-
Dogsled diplomacy in Greenland proves elusive for US
-
Almost half of Kyiv without heat, power, after Russian attack
-
EU vows 'unflinching' response to Trump's Greenland gambit
-
Osaka steals show at Australian Open as Sinner strolls through
-
Brignone impresses in first run of Kronplatz giant slalom in World Cup comeback
-
Osaka emerges for Melbourne opener under white hat and umbrella
-
Malawi suffers as US aid cuts cripple healthcare
-
Bessent says Europe dumping US debt over Greenland would 'defy logic'
-
Freeze, please! China's winter swimmers take the plunge
-
Talks between Damascus, Kurdish-led forces 'collapse': Kurdish official to AFP
-
In-form Bencic makes light work of Boulter at Australian Open
-
Spain mourns as train disaster toll rises to 41
-
Sinner into Melbourne round two as opponent retires hurt
-
Israel begins demolitions at UNRWA headquarters in east Jerusalem
-
Almost half of Kyiv without heat, power, after Russian attack: govt
-
Veteran Monfils exits to standing ovation on Australian Open farewell
-
Precision-serving former finalist Rybakina powers on in Melbourne
-
South Korea's women footballers threaten boycott over conditions
-
Equities sink, gold and silver hit records as Greenland fears mount
| RBGPF | -1.87% | 82.5 | $ | |
| RYCEF | 0.58% | 17.15 | $ | |
| SCS | 0.12% | 16.14 | $ | |
| CMSC | -0.69% | 23.32 | $ | |
| BTI | -1.65% | 57.275 | $ | |
| GSK | 0.12% | 48.28 | $ | |
| RIO | 0.12% | 85.236 | $ | |
| NGG | -0.51% | 80.48 | $ | |
| BP | -0.1% | 35.345 | $ | |
| BCE | 1.05% | 24.395 | $ | |
| BCC | -1.54% | 84.21 | $ | |
| JRI | -0.07% | 13.69 | $ | |
| RELX | -2.29% | 40.7 | $ | |
| AZN | -4.02% | 90.779 | $ | |
| CMSD | -0.04% | 23.91 | $ | |
| VOD | 0.59% | 13.55 | $ |
EU hits Google with €2.95 bn fine despite Trump threats
The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own advertising services Friday, despite President Donald Trump's warnings not to target US big tech.
Google immediately vowed to appeal the decision by the European Commission, which accused the US firm of distorting competition in the 27-nation bloc.
"Google abused its dominant position in adtech harming publishers, advertisers, and consumers. This behaviour is illegal under EU antitrust rules," EU competition chief Teresa Ribera said.
The fine comes despite threats by Trump to go after Europe for regulations seeking to rein in US tech giants -- and follows days of hesitation on the European side over moving ahead with the sanction.
Earlier this week it emerged that the EU's trade chief had hit pause on the fine seemingly for fear of US retaliation -- exposing divisions within the bloc's executive team.
The EU is still waiting for the United States to make good on a promise to lower tariffs on cars under a trade deal agreed in July.
Brussels had been probing Google over adtech since 2021 and in 2023 recommended the company sell part of its ad services to ensure fair competition.
Google, a subsidiary of US tech giant Alphabet, said the commission's decision was "wrong" and it would appeal.
"It imposes an unjustified fine and requires changes that will hurt thousands of European businesses by making it harder for them to make money," said the firm's global head of regulatory affairs Lee-Anne Mulholland.
"There's nothing anticompetitive in providing services for ad buyers and sellers, and there are more alternatives to our services than ever before."
Friday's announcement marked the third fine announced in a week against the Alphabet-owned Google.
A US federal jury on Wednesday ordered Google to pay about $425 million for gathering information from smartphone app use even when people opted for privacy settings.
The same day, France's data protection authority fined the search giant 325 million euros for failing to respect the law on internet cookies.
The group notched a major win however on Tuesday when a US judge rejected the American government's demand that Google sell its Chrome web browser as part of an antitrust case.
The landmark ruling, which came after Google was found to have illegally maintained monopolies in online search through exclusive distribution agreements, did however impose sweeping requirements to restore competition in the area.
A.Ammann--VB