Latest news with #SusanFenton
Time of India
6 days ago
- Business
- Time of India
Google Proposes Major Changes to Search Results to Avoid EU Antitrust Fine, ET HospitalityWorld
Alphabet's Google has proposed more changes to its search results to better showcase rivals in a bid to stave off a possible hefty EU antitrust fine, according to documents seen by Reuters. Google's latest proposal came three months after the European Commission charged the U.S. tech giant with favouring its own services such as Google Shopping, Google Hotels and Google Flights over rivals in breach of the Digital Markets Act (DMA). The landmark DMA sets out a list of dos and don'ts for Big Tech aimed at reining in their power and giving rivals more room to compete and consumers more choices. Under Google's new proposal a vertical search service (VSS) selected on objective and non-discriminatory criteria would get its own box at the top of the search page with the same format, information and features as Google's, the document said. Advt The box would contain three direct links picked by the VSS, to hotels, airlines, restaurants and VSS, which are specialised search engines within Google, would be ranked below but without a box unless users click on them."We do not agree with the (Commission's) preliminary findings' position but, on a without prejudice basis, we want to find a workable solution to resolve the present proceedings," the documents sent by both Google and the Commission to the rivals rivals will provide feedback at a July 8 meeting called by the Commission. A number of rivals, who did not want to be named ahead of the meeting, told Reuters that the changes still do not go far enough to ensure a level playing field.(Reporting by Foo Yun Chee; Editing by Susan Fenton Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHospitalityWorld industry right on your smartphone! Download the ETHospitalityWorld App and get the Realtime updates and Save your favourite articles.
The Star
17-05-2025
- The Star
British police charge three Iranians in counter terrorism probe
(Reuters) - British police have charged three Iranian men with offences under the National Security Act after a major counter terrorism investigation, the police said in a statement on Saturday. (Reporting by Gursimran Kaur in Bengaluru; Editing by Susan Fenton)
Zawya
12-05-2025
- Business
- Zawya
Iraq to reduce crude oil exports in May and June, official says
Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official with knowledge of the matter told Reuters, in what would amount to a significant reduction from previous months. The lower export plan is part of Iraq's efforts to deliver on its schedule of compensation cuts pledged to OPEC+, the official added, declining to be identified by name as the matter is confidential. This level of exports would be lower than the rate of about 3.42 million bpd that Iraq's oil ministry reported for March. Baghdad has not yet reported April exports, but according to Kpler, a data intelligence firm, the country shipped an average of 3.3 million bpd in April. OPEC+, which includes OPEC plus Russia and other allies, has agreed a series of output cuts since 2022. Its compensation plan, updated last month, is designed to ensure that members who do not make the cuts in full implement further reductions. Should the latest cuts be made in full, the compensation plan would to a large extent offset a planned 411,000 bpd output increase being made by other members of OPEC+ in May and June, providing additional support for the oil market. (Reporting by Alex Lawler; Editing by Susan Fenton)
Yahoo
08-05-2025
- Business
- Yahoo
Emirates airline posts record annual profit on strong travel demand
DUBAI (Reuters) - Dubai's Emirates airline on Thursday reported a record full-year profit, boosted by strong international travel demand on major routes. The results underscore a sustained rebound in global air travel, with Emirates benefiting from a surge in demand across Asia, Europe and the Middle East. The airline, among the world's largest by international capacity, has added new routes and increased flight frequencies amid a surge in tourism and business travel. It carried 53.7 million passengers in the fiscal year, with seat capacity up 4%. But escalating trade tensions and geopolitical uncertainty are clouding the outlook for the broader industry. The Gulf carrier posted earnings of 19.1 billion dirhams ($5.2 billion) for the year ended March 31, compared with 17.2 billion dirhams a year earlier. ($1 = 3.6727 UAE dirham) (Reporting by Manya Saini. Editing by Susan Fenton and Mark Potter)
Zawya
08-05-2025
- Business
- Zawya
Emirates airline posts record annual profit on strong travel demand
DUBAI - Dubai's Emirates airline on Thursday reported a record full-year profit, boosted by strong international travel demand on major routes. The Gulf carrier posted earnings of 19.1 billion ($5.20 billion) dirhams in the year ended March 31, compared with 17.2 billion dirhams a year earlier. ($1 = 3.6727 UAE dirham) (Reporting by Manya Saini; Editing by Susan Fenton)
