- Associated Press Finance
US company Booking Holdings added to European Union's list of for strict digital scrutiny
Booking Holdings, the U.S. company that owns Booking.com and a number of other travel websites, has been added to the European Union's list of companies now under heightened digital scrutiny. The European Commission, the EU’s executive branch, said Monday that it’s classing Booking Holdings as an online gatekeeper and that the company’s Booking.com hotel reservation site meets the threshold to be classed as a “core platform service” under the 27-nation bloc's Digital Markets Act. European Commission Executive Vice President Margrethe Vestager said the decision means that vacationers "will start benefiting from more choice and hotels will have more business opportunities.”
- Reuters
Indian agrochemicals maker UPL posts surprise Q4 profit, sees sales growth in FY25
Agrochemicals maker UPL reported a surprise quarterly profit on Monday as revenue fell less than expected amid inventory destocking, sending its shares up 6.4%. Volumes recovered compared to the third quarter, largely led by strong sales of the company's high-margin sustainable agriculture portfolio, which contributed to 36% of its crop protection revenue versus 29% last year, UPL said. That helped UPL post a net profit of 400 million rupees ($4.8 million) for the quarter ended March 31, compared with analysts' expectations of a loss of 3.33 billion rupees.
- USA TODAY
NM man arrested, accused of shooting stepmom at graduation as she tried to hug him: Police
An Albuquerque, New Mexico man was arrested after being accused of shooting his stepmother during a graduation ceremony, police said.
