BRUSSELS—A deal between EU countries and EU lawmakers that would require tech giants to do more to police content on their platforms could be agreed next month, EU antitrust chief Margrethe Vestager said on Monday. Vestager proposed the Digital Services Act, (DSA) which forces tech giants to do more to tackle illegal content or risk…
Deal on Rules Forcing Tech Giants to Police Content Possible in April, EU’s Vestager Says
Grocery Workers Vote to Strike If Needed in Southern California for Higher Wages
Around 48,000 grocery workers voted to strike if needed when seeking higher wages from stores owned by Kroger Co and Albertsons Companies Inc. in Southern California, the UFCW 770 union said on Saturday. The United Food and Commercial Workers International Union (UFCW) has been seeking significantly higher and equal pay, sufficient staffing, and enough working…
The Green Eco-Terrorists Holding Australia’s Economic Artery Hostage
March 29, 2022
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AustraliaBlockade Australiaclimate activistsglobalistsMarxist ideologiesOpinionPort BotanyPropagandasupply-chain disruptionsViewpointsWorld
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Commentary A group of far-left Greens called Blockade Australia have declared war on the country, waging a so-called “direct action” campaign on Australia’s most populous state New South Wales. In November 2021, Blockade Australia executed 20 “actions” geared to disrupting coal exports from the Port of Newcastle—one of the busiest coal ports in the world. Then,…
Russian Missile Strikes Oil Depot in Western Ukraine
March 29, 2022
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A Russian missile struck an oil depot in western Ukraine late on Monday, the governor of the Rivne region said. Governor Vitaliy Koval said in a brief video address on social media that emergency services were at the scene, without elaborating. The attack marks the second on oil facilities in the region and is the…
UK Relinquishes Control of Former Royal Bank of Scotland
LONDON—The British government has relinquished control of the former Royal Bank of Scotland for the first time since it bailed out the lender during the global financial crisis almost 15 years ago. The Treasury said Monday that it had sold 1.2 billion pounds ($1.6 billion) of shares back to the bank, now known as NatWest…
BOJ Offers 4 Days Unlimited Bond-Buying to Defend Yield Cap
TOKYO—Struggling to swim against the tide taking interest rates higher globally, the Bank of Japan (BOJ) staunchly defended its 0.25 percent yield cap on Monday by offering to buy an unlimited amount of government bonds for the first four days of this week. The BOJ’s defense of its ultra-loose policy pushed the yen to a…
German First-Quarter Dealmaking Slides to 6-Year Low Due to Ukraine War Jitters
March 29, 2022
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Mergers and acquisitions in Germany in the first three months of 2022 have dropped 10 percent from the same period in 2021 in what has been the slowest start to a year since 2016 due to market uncertainty caused by Russia’s invasion of Ukraine. Equity capital markets in the euro zone’s biggest economy have been…
Pennsylvania 40-Car Pileup Leaves at Least 3 Dead, 20 Injured: Officials
At least three people were killed and more than a dozen have been hospitalized following a collision on a Pennsylvania highway Monday that caused a major pileup. The mass pileup of at least 40 vehicles on Interstate 81 near Minersville was caused by heavy fog and precipitation from a snow squall in the area, CNN…
Tencent Reports Smallest Quarterly Revenue Growth in 18 years
March 29, 2022
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Business & EconomyChinaChina Business & Economychina tech crackdownCompaniesMedia & Big TechPony MaTencent Group
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China’s Tencent Holdings has reported its smallest quarterly revenue growth in 18 years amid Beijing’s regulatory clampdown on big tech firms. The company recently released its Q4 and full-year financial reports for 2021. Its Q4 revenue increased 8 percent year-on-year, the slowest growth since the company went public in 2004. Its non-IFRS net profit in…
LIVE UPDATES: Russia to ‘Drastically’ Cut Military Activity Near Kyiv for Sake of Successful Peace Negotiations
The latest on the Russia–Ukraine crisis, March 29. Click here for updates from March 28. Russia to ‘Drastically’ Cut Military Activity Near Kyiv Moscow said the move was for the sake of successful peace negotiations. ____ Ukraine-Russia Talks Start in Turkey; Abramovich Attends Talks Russian and Ukrainian negotiators began the first direct peace talks in…
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