News

France

President Biden's New Alliance With Australia and Britain Angers France and European Union

AP News | Equities.com |

President Joe Biden’s decision to form a strategic Indo-Pacific alliance with Australia and Britain to counter China is angering France and the European Union. They’re feeling left out and seeing it as a return to the Trump era.

The security initiative, unveiled this week, appears to have brought Biden’s summer of love with Europe to an abrupt end. AUKUS, which notably excludes France and the European Union, is just the latest in a series of steps, from Afghanistan to east Asia, that have taken Europe aback.


Google Fined $592 Million by French Regulators in Dispute With News Publishers

AP News | Equities.com |

France’s competition regulator announced Tuesday that it has fined Google 500 million euros ($592 million) over a dispute with French publishers who want the company to pay for the use of their news.

The agency threatened fines of another 900,000 euros (around $1 million) per day if Google doesn’t produce proposals within two months on how it will compensate news producers.


Sponsored Financial Content

Market Movers