Friday

29th Mar 2024

Ticker

EU approves Apple's Shazam buyout

The European Commission gave its green light Thursday for the acquisition of Shazam, a UK music recognition application, by US giant Apple. It said that the move would "not materially increase Apple's ability to target music enthusiasts" and would not restrict access to the Shazam app for streaming services. "Shazam's data is not unique and Apple's competitors would still have the opportunity to access and use similar databases," it said.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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