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Amazon, Google face UK consumer probe into fake reviews

Bloomberg Amazon.com Inc. and Google are facing formal probes into possible violations of UK consumer protection rules over a failure to shield their users from an onslaught of fake reviews. The Competition and Markets Authority (CMA) said it has opened investigations to gather more information and decide whether the tech giants may have broken the law by not doing enough ...

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European stocks slump as futures steady; oil declines

Bloomberg European stocks slipped on Monday, with travel shares slumping amid restrictions prompted by coronavirus pandemic (Covid-19) strains, while US futures were little changed alongside Asian equities. The Stoxx 600 Index was led lower by the likes of Tui AG and EasyJet Plc, with the highly contagious Delta strain threatening to derail summer travel in Europe just as the northern ...

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Virus lockdowns send Malaysia stocks falling to seven-month low

Bloomberg Malaysian stocks tumbled to a seven-month low amid a selloff across much of southeast Asia’s equities markets, after the local government extended a nationwide lockdown due to elevated Covid-19 infections. The FTSE Bursa Malaysia KLCI Index dropped as much as 1.3% on Monday, while Indonesia’s stock benchmark fell the most in six weeks. In Thailand, the key index sinks ...

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