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Irish Independent
10 hours ago
- Business
- Irish Independent
Meta may face daily fines over pay-or-consent model, EU warns
Foo Yun Chee ©Reuters Today at 05:13 Meta Platforms may face daily fines if limited changes that it has proposed to its pay-or-consent model fail to comply with an antitrust order issued in April, EU regulators warned on Friday. The warning from the European Commission, which acts as the EU competition enforcer, came two months after it slapped a 200-million-euro ($234 million) fine on the U.S. social media giant for breaching the Digital Markets Act (DMA) aiming at curbing the power of Big Tech.
Irish Independent
5 days ago
- Business
- Irish Independent
‘Heightened threat environment' in US as world waits for Iran's response to nuclear sites attack, Tánaiste to attend EU ministers summit today
LIVE | World braced for Iran's response after US attacked key Iranian nuclear sitesTehran approves move to close the Strait of Hormuz, affecting quarter of global oil shipments ©Reuters Today at 00:30
Irish Independent
5 days ago
- Business
- Irish Independent
Worries over impact on oil prices after US bombing of Iran
World braced for economic upheaval, with uncertainty over how markets will react to latest Middle East attacks ©Reuters Today at 00:30 A US attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy. The reaction in Middle East stock markets, which trade on Sunday, suggested investors were assuming a benign outcome, even as Iran intensified its missile attacks on Israel in response to the sudden, deep US involvement in the conflict.
Irish Independent
5 days ago
- Politics
- Irish Independent
Islamic State blamed as suicide bomber kills 20 people in Christian church in Damascus
©Reuters Today at 00:30 At least 20 people were killed and dozens injured when a suicide bomber blew himself up at the Mar Elias Church in the Dweila neighbourhood of Syria's capital Damascus yesterday, health authorities and security sources said. It was the first suicide bombing in Damascus since Bashar al-Assad was toppled by an Islamist-led rebel insurgency in December.
Irish Independent
7 days ago
- Irish Independent
Israeli attacks kill 44 Palestinians in Gaza as UN warns water shortage reaching crisis point
LATEST | Nidal al-Mughrabi and Olivia Le Poidevin ©Reuters Today at 17:46 Israeli fire killed at least 44 Palestinians in Gaza on Friday, many who were seeking food aid, local officials said, while the United Nations' children's agency said the scarcity of drinking water was at a crisis point. At least 25 people awaiting aid trucks were killed by Israeli action south of Netzarim in central Gaza, the Hamas-run local health authority said.
