FT News Briefing Monday, February 10
Feb 10, 2020
Google faces accusations of favoritism in holiday rentals, stirring up controversy among competitors. France's Covéa is eyeing a $9 billion buyout of PartnerRe, shaking up the reinsurance sector. Meanwhile, Ireland's election results reveal a three-way tie, reflecting a significant political shift. Plus, as Airbnb navigates safety challenges following troubling incidents, a pilot program aims to enhance trust and community safety.
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Google Antitrust Case
- Google faces another antitrust complaint in the EU.
- Rivals allege it unfairly promotes its own vacation rental search engine.
Reinsurance Deal
- Covea is in talks to acquire PartnerRe for $9 billion.
- This potential deal reflects a resurgence in the reinsurance industry after costly natural disasters.
Irish Election Results
- Ireland's Sinn Féin party's surge creates a three-way tie in the general election.
- This makes it difficult for traditional parties to govern without Sinn Féin.