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European Commission launches investigation into Booking.com over failure to tackle fraud
The European Commission has opened an investigation into Booking.com over concerns that the travel platform is failing to adequately combat fraud and phishing scams. The inquiry aims to ensure the company complies with the Digital Services Act, which mandates that online platforms prioritize user protection and transparency.

Supermarket chain Carrefour lowers profit forecast due to riots in France
Carrefour has lowered its profit forecasts for 2026 and this year due to significant uncertainty caused by widespread rioting in France. The unrest has led to property damage, looting at multiple retail locations, and operational disruptions including shortened store hours and increased security costs.
European gas price hits highest level since 2022
European natural gas prices have exceeded 90 euros per megawatt-hour for the first time since late 2022 due to rising geopolitical tensions in the Middle East. Additionally, gas storage levels across Europe are at their lowest point entering winter since 2009, raising concerns about supply stability and further economic impact.

Vinted removes items possibly stolen during French riots
Vinted is actively removing listings from its platform that are suspected of containing goods stolen during recent riots in France. The company has adopted a zero-tolerance policy toward the sale of looted items following widespread unrest that impacted over three thousand businesses.

French shopkeepers fear millions in losses after looting and destruction
French retailers are bracing for millions in damages after widespread looting and vandalism struck numerous cities, including Paris and Bordeaux, during recent riots. The government has promised to expedite support and facilitate discussions between business owners and insurers to address the significant financial impact on affected enterprises.