Apple & Google Must Pay $17B in Fines to the EU | The Opening Trade 09/10

Apple loses its fight over a $14.4 billion Irish tax bill and Google facing the same fate losing its bid to topple a once-record $2.6 billion EU fine for abusing its monopoly power to crush rival shopping services. Plus, IPEM Paris kicks off as some of the biggest names in private equity take center stage.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson.

Chapters:
00:00:00 – Intro
00:01:31 – The Agenda: Apple’s New iPhone and EU Court Cases, Chinese Stocks, IPEM Paris 2024
00:15:51 – IPEM Paris: Apollo Europe Head Rob Seminara on M&A Uptick
00:32:26 – Apple Unveils iPhone, Huawei Launches Tri-Fold Phone
00:43:07 – Harris, Trump Presidential Debate Later
00:44:07 – Stocks to Watch: Astrazeneca, Daichii Sankyo, Oracle
00:46:08 – European Market Open, Alti Global’s Nancy Curtin on Macro Environment
01:04:47 – EU Top Court Rules on Apple, Google
01:12:13 – SpaceX Polaris Dawn Mission Delays, Ardian’s Benedetti at IPEM Paris
01:25:02 – Google Loses Antitrust Case, Apple Loses Fight over $14B Irish Tax Bill
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