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1 min read
Chinese EV makers are hit with new EU tariffs
The European crackdown comes after Joe Biden announced sweeping tariffs on $18 billion worth of Chi…
Tom Carter
1 min read
The EU is pushing for Ukraine to see profits from frozen Russian assets as soon as July
Proceeds generated by Russian assets stuck in the EU could soon be used to by weapons for Ukraine, …
Filip De Mott
1 min read
Apple stock drops as the EU hands down landmark $2 billion antitrust fine
Shares of the iPhone maker dropped as much as 3% on Monday following the news of the EU's big antit…
Yuheng Zhan
2 mins read
Indians can now get multiple entry Schengen visa with longer validity as EU eases norms
It said this new visa 'cascade' regime for Indian nationals residing in India who apply for S…
PTI
2 mins read
Tesla could come out on top after the EU cracks down on Chinese EVs
Tesla is reportedly lobbying for a lower rate of tariffs on its EVs produced in China and shipped t…
Tom Carter
2 mins read
India-EU FTA 'most difficult, complex' due to non-trade issues: EAM Jaishankar
Terming the India-European Union Foreign Trade Agreement (FTA) the "most difficult FTA," External A…
ANI
3 mins read
'We're not backing down:' How the West plans to use Russia's frozen funds, and why some say it's still not enough to help Ukraine
G7 leaders reached a compromise agreement to use profits from Russia's frozen assets as collateral …
Filip De Mott
2 mins read
The EU slapped massive tariff hikes on China's EV giants. Investors don't seem to care.
Share prices of most Chinese electric vehicles surged on Thursday.
Huileng Tan
2 mins read
Global powers are helping Ukraine by giving it money frozen from Russia. That spells bad news for companies still doing business there.
Companies that stayed in Russia after its 2022 invasion of Ukraine may have their assets seized if …
Filip De Mott
1 min read
Meta says it won't release its AI assistant in Europe because EU regulations will make it 'second rate'
EU regulators want to restrict the use of Facebook and Instagram data to train Meta's AI products.
Katie Balevic
2 mins read
Apple's iPad caught in EU's crosshairs as it clamps down on 'gatekeepers'
The European Commission has put Apple on notice and given it six months to ensure its iPadOS compli…
Jyoti Mann
1 min read
EU defense bonds could be a new asset class to bolster weapons makers amid Russia's war on Ukraine, European Council chief says
"We should also consider the idea of European defense bonds to strengthen our technological and ind…
Filip De Mott
2 mins read
Spain to send Patriot missiles to Ukraine amid mounting pressure from EU and NATO allies, report says
Spain has decided not to send any of its launchers for the Patriot system to Ukraine, however, El P…
Cameron Manley
1 min read
Apple reportedly faces its first EU antitrust fine
It will be the first time the European Union has imposed a financial penalty on the iPhone maker if…
Jyoti Mann
2 mins read
Apple stock falls as EU regulators tighten screws and China bans iPhones for government workers
The European Commission named Apple and other Big Tech firms as "gatekeepers," while China barred g…
Phil Rosen
1 min read
China is coming under increasing fire from the US and EU over its Russia dealings
"Unprecedented pressure from the United States and the European Union on the People's Republic of C…
Filip De Mott
2 mins read
Stock market today: US stocks extend records on rate-cut optimism
Stocks rallied on Thursday following Wednesday's Federal Reserve decision to hold rates steady. Mea…
Phil Rosen
2 mins read
Stock market today: US stocks close mixed as investors await this week's Fed testimony
Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, offering clues as …
Filip De Mott
2 mins read
Meta to let EU users unlink their Instagram, Facebook, Messenger accounts
To comply with the Digital Markets Act (DMA) in the European Union (EU), Meta on Monday announced t…
2 mins read
Profits from frozen Russian assets should be used to help buy weapons for Ukraine, European Commission head says
There's "no greater use for that money than to make Ukraine and all of Europe a safer place to live…