Britain regulators have cautioned airports not to share proprietary information. A letter written to airport operators was made public. Violations may result in fines of up to 10% of a company’s global sales. Following a tip that they were doing so, the competition and aviation regulators in Britain have cautioned airports not to share proprietary … Read more
England’s antitrust guard dog is exploring Amazon.com Inc (AMZN.O). Worries it was harming contest by giving its own merchants an unreasonable benefit. Adding to worldwide administrative examination of the U.S. tech monster. Amazon will give outsider venders on commercial center admittance to data could assist with selling more items on the web, the FT said. … Read more
Amazon’s tactics that influence sellers on its domestic marketplace may be anti-competitive. Britain’s CMA announced it had begun an investigation into the matter. Amazon will actively cooperate with the CMA during its inquiry, a spokesperson said. Because of worries that the American internet giant was undermining competition by giving its own merchants an unfair edge … Read more
RIYADH: Saudi Arabia is still seeing a tsunami of initial public offerings (IPOs) with Wednesday’s latest round of approvals for companies to sell shares to the public. The Capital Market Authority approved on Wednesday the offering of 70.3 million shares, the market regulator revealed. The approvals were led by Public Investment Fund’s fully owned Elm Co. that … Read more
BEIJING: China has reported rising extreme weather events like heavy precipitation and high temperature, according to an official blue paper released Wednesday. The blue paper, issued by the China Meteorological Administration (CMA), showed that the country saw increasing extreme precipitation events in the past six decades. The extreme heat events and the average intensity fluctuation … Read more
