The Dutch data protection watchdog slapped a 290 million euro ($324 million) fine Monday on ride-hailing service Uber for allegedly transferring personal details of European drivers to the United States without adequate protection. Uber called the decision flawed and unjustified and said it would appeal.
The Dutch Data Protection Authority said the data transfers spanning more than two years amounted to a serious breach of the European Union's General Data Protection Regulation, which requires technical and organizational measures aimed at protecting user data.
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China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia's war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country's businesses.
The U.S. on Friday announced sweeping sanctions on hundreds of firms in Russia and across Europe, Asia and the Middle East, accusing them of providing products and services that enable Russia's war effort and aiding its ability to evade sanctions. The U.S. Department of State said it was concerned by "the magnitude of dual-use goods exports" from China to Russia.
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Global stocks were mixed Monday after U.S. markets rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy.
France's CAC 40 rose 0.2% in early trading to 7,594.42, while Germany's DAX lost 0.2% to 18,597.20. Britain's FTSE 100 added 0.5% to 8,327.78. The futures for the S&P 500 and the Dow Jones Industrial Average were both up 0.1%.
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