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Amazon may see $425 million EU privacy fine

Amazon.com Inc. could be fined more than $425 million under the European Union’s privacy law, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Luxembourg’s data-protection commission, CNPD, has circulated a draft decision and proposed a fine highlighting Amazon’s privacy practices among the bloc’s 26 national data-protection authorities,

Morocco court postpones trial of hunger strike journalist

CASABLANCA: The trial of Moroccan journalist Soulaimane Raissouni, who has been on hunger strike for 64 days, was Thursday again postponed to June 15 after a tense hearing where his lawyers said they were unable to plead due to the “alarming” state of his health. Raissouni, 48, chief editor of Moroccan independent daily Akhbar Al-Youm, is accused of “indecent assault,” charges

Oil rises to fresh multi-year highs on demand recovery

LONDON: Oil prices rose on Friday to fresh multi-year highs and were set for their third weekly jump on expectations of a recovery in fuel demand in Europe, China and the United States as rising vaccination rates lead to an easing of pandemic curbs. Brent crude futures edged up 21 cents to $72.73 a barrel to 8:10 a.m. GMT, after closing at its highest since May 2019 on

Top Swiss court rejects climate activists appeal over tennis stunt

GENEVA: Switzerland’s highest court on Friday rejected an appeal by environmental activists who were sentenced for trespassing after invading a bank to play tennis dressed as Roger Federer. The Federal Court dismissed the activists’ argument that their playful demonstration two and a half years ago was an emergency action justified by the climate crisis. “At the time of their

Egypt inflation accelerates to 5-month high in May

CAIRO: Egypt’s annual inflation rate rose 0.5 percentage point to 4.9 percent in May, the highest level since December 2020, according to the official statistics agency CAPMAS. The increase was led by food, with fruit prices rising 9 percent year on year and vegetables by 5.3 percent. Transport prices rose by 1.9 percent. The Central Bank of Egypt targets an inflation rate of

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