Europe

BetConstruct obtains license to offer Sportsbook and Casino products in Swedish market

BetConstruct obtains license to offer Sportsbook and Casino products in Swedish market

Online gambling software supplier BetConstruct has confirmed that the Swedish Gambling Authority has granted it the license to offer its sportsbook as well as casino products in the regulated gaming and betting market of Sweden.

European Commission Investigating Apples Tax Policies Apple Might be have to Pay Billions in Back Taxes

AppleReportedly, Apple Inc might owe greater than $8 billion as back taxes as a result of an investigation launched by the European Commission in 2014 into its tax policies.

The decision of the investigation could be out by March.

The regulators have accused the maker of iPhone of applying subsidiaries in Ireland in order to shift away from paying taxes in the U.S on revenue that's generated outside the country. Apple says it will appeal an adverse ruling.

European Coca-Cola Bottler in Spain Wins Labor Suit

European Coca-Cola Bottler in Spain Wins Labor SuitOn Friday, the national court of Spain said that a European Coca-Cola bottlers, one of the main in Europe could go ahead with its plan of d

Deutsche Bank Plans to Close Consumer-Banking Unit and Cut Twenty Five Percent Staff

Deutsche Bank Plans to Close Consumer-Banking Unit and Cut Twenty Five Percent S

Along with trimming some jobs, Deutsche Bank is also considering selling a consumer-banking unit. Almost eight thousand job cuts are on the card and that would shrink the workforce by approximately twenty five percent.

In all possibilities, the new job cuts would mainly be directed towards administrative and technology posts. However, some jobs that require facing the client might also be on the line to be eliminated said a person who is aware of the matter.

Should the European Central Bank Revise Its Inflation Target?

Should the European Central Bank Revise Its Inflation Target?

Last week when Mario Draghi, the President of the European Central Bank (ECB) was asked whether the institution should reconsider revising the target of two percent inflation set by it, he replied "It would test our credibility if we were to change the target when it's taking more effort to achieve that target. There hasn't been any discussion about changing the target for inflation."

EU to Launch Dual Antitrust Probe Over Qualcomm’s Strategy to Block Rivals

EU to Launch Dual Antitrust Probe Over Qualcomm’s Strategy to Block RivalsQualcomm is facing two probes by the antitrust regulators in the EU, one to examine whether the chip maker used unlawful means to keep competitors at bay and also to find out if Qualcomm is involved in "predatory pricing" techniques.

A similar probe six years ago had resulted in a fine  of one billion euro for Intel.

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