Business
China Investigates Meituan, Alibaba Units Over Antitrust Concerns in Beijing
China antitrust investigation targets online travel businesses linked to Meituan, Alibaba’s Fliggy, Tongcheng and Tujia. Regulators are examining suspected unfair competition involving China’s online hotel and travel booking market. The…
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Germany’s wealthy move assets to Switzerland ahead of elections
Brussels (Brussels Morning) Germany’s millionaires are moving their assets as fast as they can across the border to Switzerland, fearing…
ECJ slaps €500,000 a-day fine on Poland for operating Turów coal mine
Brussels (Brussels Morning) The European Court of Justice (ECJ) ruled on Monday that Poland will have to pay a 500,000…
Norway’s Telenor selling off Myanmar subsidiary
Brussels (Brussels Morning) The Norwegian Telenor telecommunications company is to sell off its Myanmar unit after reportedly facing pressure from…
ECB takes first step towards winding down pandemic aid
Brussels (Brussels Morning) The European Central Bank (ECB) prepared to take the first step towards slowly winding down the pandemic…
Survey shows decline of consumer confidence in Germany
Brussels (Brussels Morning) German consumer confidence for September dropped due to rising inflation and COVID-19 cases, a survey by market…
Polish parliament passes disputed media, Holocaust restitution bills
Brussels (Brussels Morning) The lower house of the Polish parliament passed a controversial bill on Wednesday, strengthening a ban on…
French prosecutors probe fashion retailers over worker abuse in Xinjiang
Brussels (Brussels Morning) French authorities are probing four fashion retailers suspected of attempting to conceal crimes against humanity in China’s…
JPMorgan picks Paris for its major post-Brexit trade hub
Brussels (Brussels Morning) Multinational banking giant JPMorgan opened its new trading hub in Paris on Tuesday, in a post-Brexit move…