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FIS will acquire Worldpay for over 30 billion euros

Henoch, March 20, 2019

Fidelity National Information Services, a major financial service technology company from the US, has announced it will acquire Worldpay for over 30 billion euros. It’s the largest deal to date in the quickly growing electronic payments industry. The fintech sector is still growing very hard. Consultants at McKinsey think that… Continue reading

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UK’s first self-driving bus begins trials

World News & Analysis, March 20, 2019

The system uses radar, ultrasound and optical cameras.

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EU regulators hit Google with $1.7 billion fine for blocking ad rivals

World News & Analysis, March 20, 2019

It is the third antitrust fine from Brussels to land on Google’s desk.

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technologyNews

EU regulators fine Google 1.49 billion euros for blocking advertising rivals

Reuters: Technology News, March 20, 2019

EU antitrust regulators handed down a 1.49 billion euro ($1.69 billion) fine to Alphabet unit Google on Wednesday for blocking rival online search advertisers, marking the company’s third penalty in two years.

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businessNews

EU regulators fine Google 1.49 billion euros for blocking advertising rivals

Reuters: Business News, March 20, 2019

EU antitrust regulators handed down a 1.49 billion euro ($1.69 billion) fine to Alphabet unit Google on Wednesday for blocking rival online search advertisers, marking the company’s third penalty in two years.

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Toyota, Suzuki charge up partnership for electric cars

Reuters: Technology News, March 20, 2019

Toyota Motor Corp and Suzuki Motor Corp on Wednesday said they planned to produce electric vehicles (EVs) and compact cars for each other to better compete with fast-changing technologies in the global auto industry.

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UBS CEO says this is one of the worst first-quarter environments in history

World News & Analysis, March 20, 2019

Sergio Ermotti said investment banking revenues were down about a third compared to the euphoric first quarter that kicked off 2018.

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technologyNews

Nordic metals firm Hydro restoring systems after cyber attack

Reuters: Technology News, March 20, 2019

Norsk Hydro, one of the world’s largest aluminum producers, has made some progress restoring operations but is not yet back to normal after it was hit by a ransomware cyber attack, the company said on Wednesday.

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businessNews

Volkswagen’s Skoda Auto: cannot repeat 2018 pay hikes in new round of bargaining

Reuters: Business News, March 20, 2019

Volkswagen’s Czech unit Skoda Auto does not expect to repeat the strong wage growth agreed in 2018 again in the latest round of collective bargaining, a board member said on Wednesday.

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Shares in Inmarsat jump on fresh bid approach

World News & Analysis, March 20, 2019
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Recent Posts

  • FIS will acquire Worldpay for over 30 billion euros
  • UK’s first self-driving bus begins trials
  • EU regulators hit Google with $1.7 billion fine for blocking ad rivals
  • EU regulators fine Google 1.49 billion euros for blocking advertising rivals
  • EU regulators fine Google 1.49 billion euros for blocking advertising rivals
  • Toyota, Suzuki charge up partnership for electric cars
  • UBS CEO says this is one of the worst first-quarter environments in history
  • Nordic metals firm Hydro restoring systems after cyber attack
  • Volkswagen’s Skoda Auto: cannot repeat 2018 pay hikes in new round of bargaining
  • Shares in Inmarsat jump on fresh bid approach

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