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CMA launches probe into Amazon and Google over fake reviews
The Competition and Markets Authority announced on Thursday that it will investigate tech giants Amazon and Google over whether the two firms broke consumer law by taking insufficient action to take down fake reviews on their sites.
Virgin Galactic stock up 12% after receiving approval from FAA
Virgin Galactic’s shares were trading up 12% in premarket trading on Friday after it announced that the US Federal Aviation Administration had granted the license it needs to fly passengers into space.
Merkel and Macron meet opposition over proposed summit with Putin
German and French leaders, Angela Merkel and Emmanuel Macron, have met opposition from some European Union states over a proposed summit with Russian Federation president Vladimir Putin.
EU closes deal on farming subsidies after three years of talks
The European Union finally struck a deal on Friday to reform farm subsidies after three years of negotiations.
Panasonic sells stake in Tesla for $3.6bn
Panasonic sold its stake in electric carmaker Tesla for $3. 61bn, the company announced on Friday.