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Five things to know about the EU's landmark digital act
The world's biggest digital companies will be forced to comply from Thursday with strict EU rules that Brussels hopes will make the online market fairer for all. Failure to comply with the DMA could carry fines in the billions of dollars -- big enough even for the world's biggest company by market value to pay attention.
Supercharged EU armed - at last - to take on tech titans
Clamping down harder and faster on abuses of power by the world's biggest digital companies: such is the promise of the European Union's new legal arsenal, which comes into full force from Thursday. The Digital Markets Act (DMA) marks a revolution in competition law, with the power to transform how the world's biggest players behave online.
Women battle on for equality in top business jobs
More women are taking top management jobs but inequality persists, with men still dominating business leadership roles, research showed ahead of International Women's Day on March 8. But the overall figures for women's representation at companies show they are still in a minority at the top level.
Bezos dethrones Musk to reclaim title of world's richest man
Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Bezos, who no longer runs Amazon, has meanwhile benefited from the ecommerce giant's rising stock price.
Vietnam property tycoon on trial in $12.5 billion fraud case
A top Vietnamese property tycoon went on trial Tuesday along with dozens of others, accused of embezzling $12.5 billion in the country's biggest ever fraud case. Other top business leaders targeted in the anti-corruption drive -- and accused of massive fraud -- include Truong Quy Thanh, the head of soft drink giant Tan Hiep Phat Group.
Asian markets mostly down as China sets 5% growth goal
Asian markets largely fell on Tuesday after China set a five percent annual growth target and Wall Street shares dropped ahead of the release of key US economic indicators. In China on Tuesday, leaders set a 2024 growth target of five percent, in line with last year's GDP gains but well off the double-digit expansion that for years drove the world's second-largest economy.
China's leaders set five percent growth goal for 2024
China on Tuesday set a growth target of five percent, in line with last year's GDP but a far cry from the double-digit expansion that for years drove the world's second-largest economy. The parliament will also set the military budget, which a work report seen by AFP said would increase by 7.2 percent.
The 10 contenders for the best picture Oscar
From dramas about the atomic bomb and Auschwitz, to comedies about dolls and sex-mad reanimated corpses, the lineup of best picture contenders at Sunday's Oscars is the most varied in years. Christopher Nolan's drama about the father of the atomic bomb drew critical acclaim, grossed nearly $1 billion, and has won just about every top prize Hollywood has to offer.
Argentina govt suspends state news agency Telam
Argentina's government on Monday suspended the Telam state news agency in the wake of an announcement by President Javier Milei that he would shut down what he called a mouthpiece of "propaganda" for previous leftist administrations.
AFP
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