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European Commission launches investigation into Booking.com over failure to tackle fraud

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.

Dutch banks assessing impact of bank fraud ruling

Dutch banks assessing impact of bank fraud ruling

The European Court of Justice has ruled that banks must immediately reimburse victims of phishing attacks, regardless of the customer's potential negligence. Banks are subsequently responsible for proving gross negligence if they wish to recover the funds from the client, leading Dutch institutions to currently review their operational procedures.

More gyms, more members and growth in Europe: Basic-Fit is far from reaching its limit

More gyms, more members and growth in Europe: Basic-Fit is far from reaching its limit

Basic-Fit has expanded from a local gym to Europe's largest fitness chain, currently serving 6.25 million members. Despite concerns over high debt levels, the company continues to report strong growth and remains focused on further expansion.

AkzoNobel raises prices and remains on track for merger with American firm Axalta

AkzoNobel raises prices and remains on track for merger with American firm Axalta

AkzoNobel reported steady quarterly revenue of 2.5 billion euros and profit of 388 million euros, helped by price hikes and currency effects. The company is proceeding with its merger with American firm Axalta, which will result in a new entity named Axanzo and a move to the New York Stock Exchange.

BBC cuts several channels and over a hundred jobs due to budget cuts

BBC cuts several channels and over a hundred jobs due to budget cuts

The BBC will discontinue linear broadcasts for BBC Three, BBC Scotland, and BBC Radio 4 Extra by 2027 while moving their content to digital platforms. Additionally, the broadcaster is cutting over one hundred jobs in its news division to achieve 5.5 million pounds in savings.