Uzbekistan and Georgia launch digital permits to speed up freight
Uzbekistan and Georgia have launched an electronic permit system for international road freight, replacing paper documents in a move aimed at speed...
The EU is preparing to rule on Apple and Meta’s alleged breaches of the Digital Markets Act, potentially issuing fines as it seeks to curb Big Tech’s dominance and reinforce fair competition across the digital landscape.
The European Union is set to issue its long-awaited rulings on Apple and Meta Platforms in the coming weeks, as both tech giants face allegations of violating the bloc’s landmark Digital Markets Act (DMA). EU antitrust chief Teresa Ribera confirmed the timeline during a session with European Parliament lawmakers on Tuesday.
The DMA, which came into force to rein in Big Tech's market dominance, outlines a strict set of obligations aimed at ensuring fairer competition and more consumer choice. Investigations into Apple and Meta began in March 2024, examining whether the companies failed to comply with key provisions of the law.
Although the decisions were initially expected in March, Ribera cited delays, saying they would now be delivered shortly. Sources suggest Apple and Meta may face modest fines for their non-compliance.
This development comes amid rising transatlantic tensions, with the EU responding to U.S. trade tariffs imposed under President Donald Trump’s administration. Some member states, including France, have called for stronger action against U.S.-based digital services.
As regulatory pressure mounts, the EU’s upcoming decisions may mark a significant step in enforcing digital competition laws and setting the tone for future oversight of global tech firms operating within the Union.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 20th of August, covering the latest developments.
Five years after Evergrande's debt crisis rattled global markets, founder Hui Ka Yan has been sentenced to life in prison, marking a dramatic new chapter in the downfall of China's former property giant.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
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