Articles by Foo Yun Chee

Orange's Belgian Deal Set For Full-scale EU Probe -source

French telecoms provider Orange's bid for a majority stake in Belgian peer VOO SA will face a full-scale investigation by EU antitrust regulators, a person familiar with the matter said on Wednesday, which Orange subsequently confirmed.

Russia Today Loses Court Fight Against EU Ban

State-controlled media outlet Russia Today on Wednesday lost its court fight against a European Union ban imposed in March due to its systematic disinformation over Russia's invasion of Ukraine.

'Feta' Is Greek, EU Top Court Says In Snub To Denmark

Greece on Thursday scored a win in its fight to protect their right to the term 'Feta' as Europe's top court reprimanded Denmark for not blocking local companies from using the name for sales outside the European Union.

Amazon Acts To End EU Antitrust Investigations, Avoid Fine

Amazon has offered to halt online selling and marketing practices EU antitrust regulators regard as anti-competitive to try to end two investigations and avoid a possible hefty fine, ahead of EU rules that will target such methods from next year.

EU Agrees To Curb Takeovers By State-backed Foreign Firms

EU states and lawmakers on Thursday agreed to rules to put a brake on state-backed foreign firms acquiring EU companies with annual turnover of 500 million euros ($520 million), underlining a more protectionist approach against a possible Chinese buying spree.

Qualcomm Wins Fight Against $1 Billion EU Antitrust Fine

U.S. chipmaker Qualcomm on Wednesday won its fight against a 997 million euro ($1.05 billion) fine imposed by EU antitrust regulators four years ago, dealing a major setback to EU antitrust chief Margrethe Vestager's crackdown on Big Tech.

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Explainer-How Worried Should We Be About Pakistan's Economy?

Concerns are rising again over the health of Pakistan's economy as foreign reserves run low, the local currency weakens and inflation stands at decades-high levels despite the resumption of an International Monetary Fund funding programme in August.