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The Latest Breaking News from the European Commission

UK watchdog denies it blocked Microsoft deal on orders of US regulator

CEO of Competition and Markets Authority tells MPs decision not to allow acquisition of Activision Blizzard based on ‘own analysis’

The Guardian - UK

There will be no renegotiation of the Windsor Framework – Cleverly

The UK Government and EU unveiled the Windsor Framework earlier this year as a means of resolving post-Brexit trading difficulties.

The Independent UK

Dollar Ticks Lower as Stocks Gain

The dollar index (DXY00 ) on Monday fell by -0.24%. The dollar on Monday retreated from a 5-week high and posted moderate losses as stocks moved higher, curbing liquidity demand for the dollar. The dollar was also under pressure after the U.S. May Empire manufacturing index fell more than expected...

Barchart

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The EU will require Microsoft to bring Activision games to its cloud competitors if the buyout is successful

The European Commission has approved Microsoft's Activision deal, but there are conditions

GamesRadar

EU approves Microsoft’s acquisition of Activision Blizzard, subject to certain “commitments”

The European Commission has announced that it has approved Microsoft’s acquisition of Activision Blizzard.

TechRadar

EU approves Microsoft’s Activision takeover in break with UK competition watchdog

The CMA blocked the deal last month

Evening Standard

Stocks Rise on Optimism About the Debt Ceiling

The S&P 500 Index ( $SPX ) ( SPY ) is up +0.09%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.01%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.35%. U.S. stock index futures this morning are moderately higher...

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Stocks Mixed as Hawkish Fed Comments Push Bond Yields Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. U.S. stocks this morning gave up an early advance...

Barchart

Microsoft Activision Blizzard deal approved by EU regulators as CMA issue response

The EU regulators have approved the Microsoft Activision deal despite agreeing with the CMA's concerns around cloud gaming

Daily Mirror

Microsoft's Activision Blizzard deal approved by European Union

The deal is approved after the European Commission's investigation

GamesRadar

European Commission approves Microsoft's Activision Blizzard purchase for Xbox

The European Commission has chosen whether or not to allow Microsoft's purchase of Activision Blizzard.

Windows Central

EU backs Microsoft buying Call of Duty maker Activision Blizzard. But the $69B deal is still at risk

The European Union has approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard

The Independent UK

Markets Today: Stocks Slide Despite Optimism About the Debt Ceiling

The S&P 500 Index ( $SPX ) ( SPY ) is down -0.31%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.35%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.11%. U.S. stock index futures this morning are moderately lower...

Barchart

Markets Today: Stocks Climb on Debt Ceiling Optimism

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.17%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.15%. U.S. stock index futures this morning are moderately higher on hopes a deal on the debt ceiling can be reached. President Biden will reconvene with...

Barchart

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The Hindu

India-EU trade, technology council first meeting at Brussels on May 16

first ministerial-level meeting of India-European Union Trade and Technology Council (TTC) will be held on May 16 in Brussels to discuss ways to increase cooperation in strategic technologies

StockNews.com

Top 3 Biotech Stocks with Breakout Potential

The biotech industry is well-positioned to witness significant growth due to technological advancements and government spending. Moreover, given the sector’s defensive nature, biotech stocks Amicus Therapeutics (FOLD), Corcept Therapeutics (CORT), and Harmony Biosciences (HRMY) might be solid buys in 2023. Read on.

Zenger

EU Parliament Calls For ‘public Black List’ Of Radical NGOs

The European Parliament voted on May 10 in favor of creating a "public black list" of NGOs

Reuters

EU lawmakers want more talks to strengthen proposed US data transfer pact

EU lawmakers on Thursday urged the European Commission to continue talks to reinforce a proposed data transfer pact with the United States, saying there were still shortcomings in the agreement.

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Reason

Brickbat: What a Load of Manure

The European Commission has given the Netherlands the OK to begin forced buyouts of some 3,000 farmers, part of the government's efforts to meet European Union nitrogen pollution-reduction goals. Farmers who are bought out will be banned from returning to farming not only in the Netherlands but anywhere in the…

The Guardian - UK

EU urged to tighten spyware safeguards in wake of Pegasus revelations

Non-binding vote bans surveillance software after concluding Hungary and Poland used it to track journalists and opponents

France 24

EU hopes to crack down on loophole exports to Russia in new sanctions package

In an eleventh round of sanctions on Russia, Brussels is hoping to crack down on the evasion of existing trade restrictions, particularly when it comes to the re-exportation of sensitive technology that can be used on the battlefield in Ukraine. On Monday, the European Commission proposed curbing exports to nations…

Fortune

European tech leaders speak out against new EU Data Act

Siemens and SAP CEOs say the proposed law, which is meant to boost data-sharing, would threaten trade secrets.

Al Jazeera

Czechs look to dump Russian nuclear fuel

Pressure is rising to include the Russian nuclear sector in the European Commission’s 11th sanction package plans.

Tom’s Hardware

TSMC Plans Up to $11 Billion German Chip Fab Investment: Report

TSMC has plans to establish a 28nm chip fab in Saxony, Germany, according to Bloomberg sources.

Irish Mirror

Controversial EU plan to let 16-year-olds drive cars met with mixed reactions in Ireland

The European Transport Safety Council – whose members include the Road Safety Authority in Ireland – has called on the European Commission to drop the proposal that would allow children aged 16 drive vehicles limited to a maximum speed of 45km/h.

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