Economy
As a venture capitalist, JD Vance often talked about the rules he followed when investing in a business: the company should not only make...
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As a venture capitalist, JD Vance often talked about the rules he followed when investing in a business: the company should not only make...
As retailers prepare for a possible port worker strike and Red Sea attacks ahead of a curtailed holiday shopping season, they are stoking a...
On Wednesday, the CEO of $61 billion Swiss miner Glencore changed his mind about a New York IPO for his coal division. However, he...
After industry worries that some biodiesel producers may be using false feedstocks to obtain lucrative government subsidies, the U.S. Environmental Protection Agency has investigated...
Analysts believe a recent crash in foreign equity markets is more due to investors winding down carry trades than a shift in the U.S....
After Biden failed to fend off Trump’s accusations and bogus allegations, his aides rushed to control the repercussions. Trump Media & Technology Group which...
Russian court ordered Italian bank UniCredit to pay 448.2 million euros ($479.44 million) in a case over an unsuccessful gas project filed by St...
On Wednesday, Italian Prime Minister Giorgia Meloni said that the government will strive to remedy the European Union ban on the sale of new...
Colombo Sri Lanka agreed to restructure $10 billion in bilateral debt with creditor countries, including China, on Wednesday, a key step toward stabilizing its...
CDK Global, which offers management software to over 15,000 car dealerships in North America, is down for the second day due to a cyberattack,...
Samsung Electronics’ South Korean labor union reported numerous workers striking Friday, the first in the company’s 55-year history. After failed negotiations over salary and...
Microsoft hired Inflection’s co-founders and other workers to handle its Copilot initiative in March, and Inflection stated its AI model will be hosted on...
Growing competition from China is impacting the prognosis for Germany’s robotics industry, which is already battling with declining orders in a sluggish home economy,...
On Monday, the U.S. government sued Adobe for hiding high termination fees in its most popular membership plan and making cancellations difficult. The Federal...
NATO partners have announced the first recipients of their one billion euro ($1.1 billion) innovation fund. The alliance announced the fund in summer 2022,...
The S&P 500 and Nasdaq closed at new highs on Monday as technology companies rose on artificial intelligence euphoria ahead of this week’s economic...
As digital companies and startups like Google and OpenAI develop tools to summarize material and steal visitors from news websites, newsrooms worldwide are grappling...
A proposed EUCS cloud cybersecurity certification program should not discriminate against Amazon and Alphabet. Microsoft, Google Monday saw 26 European industrial groups warn. After...
On Friday, investors abandoned financial and oil stocks in favor of technology stocks, sending Canada’s main stock index to a three-month low. The S&P/TSX...
Meta Platforms has decided to temporarily halt its Meta AI models in Europe after the recommendation of the Irish Privacy Commission to delay the...
On a Thursday visit to Capitol Hill, Donald Trump blasted U.S. funding for Ukraine, urged Republicans to cut gratuity taxes, and promoted tariffs. He...
The European Commission has asked internet platforms Pornhub, Xvideos, and Stripchat what steps they take to protect minors and prevent the spread of unlawful...
British money transfer company Wise forecast a weaker than expected outlook for profits on Thursday, sending its shares down more than 20%. The company...
In mid-May, a group of Hispanic day laborers were given $20 each to parade in front of the White House with banners reading “I...
This month’s figures continue to show signs that the labor market may be cooling, with the number of vacancies still falling and unemployment rising....
Telespazio, a joint venture between Italian defense and aerospace major Leonardo and French competitor Thales, has inked an agreement with Elon Musk’s SpaceX to...
According to a joint statement, Japan and the EU agreed on Monday to work together on clean hydrogen demand and supply strategies and fuel...
China Retaliates Against US and EU: Imports of commonly used plastic from the United States, the European Union, Taiwan, and Japan are the subject...
EU Investigations: Probing Chinese Subsidies and Imports – What You Need to Know The European Union has initiated a series of investigations into various...
EU Investigates Alleged Greenwashing by Air France and Lufthansa Group Airlines The companies disclosed on Thursday that Air France, its Dutch counterpart KLM, Norwegian,...
EU Election Interference Probe: Belgium Looks into Russian Role Less than two months remain before European voters across 27 countries participate in the upcoming...
EU Takes Action: Investigation Initiated Against Apple, Meta, and Google The European Union (EU) has initiated investigations into several major tech companies, including Meta,...
EU Supports Legal Measures to Tackle Forced Labor within Supply Chains European Union member states have reached an agreement on a groundbreaking law mandating...
EU Antitrust Blow Apple Faces $2 Billion Fine in Spotify Case On Monday, Brussels imposed a hefty fine of 1.84 billion euros ($2 billion)...
EU Ordered to Pay Portion of Legal Fees in Qualcomm Case In a recent development, the General Court of the European Union, the second-highest...
EU Regulations Pose Challenges for X, ByteDance, and Booking.com In a recent announcement, the European Commission revealed that Elon Musk’s social media platform, X,...
The EU says it will take in slightly more refugees from third countries. On Thursday, a senior European Union official announced that the union...
The EU has reached a deal to stop sending waste to countries that can’t process it. The European Union Parliament announced on Friday that...
The European Union agreed on Wednesday over a rule that would establish limits on methane emissions for Europe’s oil and gas imports beginning in...
Ursula von der Leyen, the president of the EU executive, announced in Skopje on Monday that the EU intends to contribute six billion euros...
To allow humanitarian relief to reach Gaza, European Union officials encouraged pauses in Israeli bombing and Hamas rocket strikes. Meanwhile, U.S. President Joe Biden...
This week, the European Union will work to prevent the reimposition of metals tariffs from the Trump administration and to mitigate the harm that...
After several media outlets complained about arbitrary choices eliminating their material, EU lawmakers on Tuesday approved new regulations aimed at Alphabet’s Google (GOOGL.O), Meta...
On Wednesday, China expressed displeasure at the European Union’s insistence that Beijing participate in talks on the bloc’s investigation into electric car subsidies within...
EU to ask China at UN to push Russia towards ‘just peace‘ in Ukraine. According to a draft of his speech that Reuters saw...
EU says the lack of clarity in China’s data laws is concerning. European Commission Vice President Vera Jourova said Tuesday that China’s data regulations’...
On Wednesday, the European Commission launched an anti-subsidy probe into Chinese electric cars, claiming large state subsidies were distorting the EU market. Electric cars...
Sources said EU antitrust authorities are asking Microsoft’s (MSFT.O) competitors and customers whether their remedies are harmed to get the UK competition agency’s permission...
Ukraine’s place is in the EU, says German foreign minister in Kyiv. In a rapidly evolving geopolitical landscape, Ukraine stands at the crossroads of...
India will conduct FTA discussions with UK, EU, and Canada at the G20-trade summit. In a dynamic world driven by economic cooperation and international...
The European Union (EU) and Mercosur, a regional trade bloc of Argentina, Brazil, Paraguay, and Uruguay, have made little progress on the long-awaited trade...
EU foreign ministers said an unsuccessful mutiny in Russia during the weekend proved Moscow’s war in Ukraine was producing domestic instability and compromising its...
On Tuesday, two officials previewed a 50 billion euro ($55 bln) EU aid plan for Ukraine. After a review of the bloc’s 2021-27 budget,...
A late proposal to extend coal plant subsidies has derailed EU countries‘ intentions to ratify a power market reform on Monday to move the...
On Monday, European Commission President Ursula von der Leyen begins a four-nation trip to Latin America to strengthen political and trade relations the EU...
On Wednesday, EU industry director Thierry Breton said Alphabet (GOOGL.O) and the European Commission want to create an artificial intelligence (AI) partnership with European...
EU seeks highest court support in $14 billion Apple tax dispute. On Tuesday, EU competition officials asked the bloc’s highest Court to overturn a...
On Tuesday, E.U. industry head Thierry Breton lauded the European Chips Act passed last month, saying Europe must manufacture its cutting-edge computer chips and...
EU-US pledge cooperative action over China worries. A draft statement suggested that Washington and the EU will coordinate export bans on semiconductors and other...
Prominent EU politicians reached an agreement on Thursday to amend draft rules to limit the use of generative AI like ChatGPT and to propose...
Britain abandons 2023 EU law abolition. Instead of repealing all EU legislation by 2023, the government will rewrite the retained EU law (REUL) bill...
EU fresh Russia sanctions target Chinese companies. Several Chinese firms have been nominated for blocklisting by the European Union’s executive. In addition, exports to...
On Wednesday, the EU announced intentions to acquire artillery rounds for Ukraine and boost its armaments production. After weeks of debate that upset Kyiv...
On Wednesday, the European Union executive proposed new regulations to tackle corruption by harmonizing graft crime definitions and punishments and imposing fines on corrupt...
An EU official told Reuters that the EU is ready to contact index providers to include its debt in their government bond indexes, which...
On Thursday, Malaysia voiced disappointment over a European Union policy banning deforestation-linked imports, fearing damage to its palm oil exports. On Wednesday, the European...
After two famous Chinese human rights activists were held in Beijing last week on the route to a meeting with EU officials, the EU...
EU prohibits taxpayer money from saving failing banks. On Tuesday, the EU proposed making it harder for governments to provide banks billions of euros...
The EU warned Monday that any escalation, accident, or use of force by China around Taiwan would have global ramifications. On Monday, the last...
On Saturday, EU foreign policy head Josep Borrell denounced Israel-Palestinian violence and urged for calm throughout the religious holidays. Israeli-Palestinian tensions heightened Friday after...
On Thursday, European chief President Ursula von der Leyen said Europe must “de-risk” politically and economically as China shifts from reform and opening to...
On Thursday, E.U. leaders will debate the Ukrainian crisis with U.N. head Antonio Guterres and approve a proposal to increase artillery munitions to Kyiv....
Friday, U.S. exchange representative Katherine Tai met with European Union governmental vice president Valdis Dombrovskis to discuss U.S.-EU relations. Tai’s office issued a statement...
Tariffs continue to impact companies BMW announced over the weekend that it is raising the price of its SUVs in China because of the...
European court doesn’t break over KitKat Nestle attempted to overturn a ruling a European court ruling that claimed it had not proven KitKat’s shape...
The EU is once again out to get Google regarding their antitrust laws put in place. This time around it is about how Google...
Harley-Davidson has reported that they will be moving production abroad due to Trump tariffs. President Trump did not hesitate to hit Twitter. Trump fired...
Trade war traumatizes traders The recent tariffs have certainly lowered investor confidence, but the recent ambiguity over a potential block on China’s investments in...
American motorcycle company Harvey-Davidson plans to bring production overseas in order to avoid EU tariffs. The iconic company becomes the latest organization to restructure...
Italy potentially faces turmoil On Wednesday, Italy sold €5.6 billion ($6.5 billion) of debt. The breakdown looked like this: €1.75 billion of five-year bonds,...
The European Commission is planning a complete overhaul of its environmental policy The European Commission’s first order of business is the ban on ten...
Imported car tariffs may be in the near future President Trump’s most recent tariff idea after the aluminum and steel tariffs is on imported...
Boeing (BA) and Airbus (EADSF), the two largest aerospace manufacturers, have been in heavy competition for over a decade – and Tuesday, they both...
The Spanish Data Protection Agency (AEPD) has fined Facebook €1.2 million (just under $1.44 million) for three violations of data protection laws, TechCrunch reports....
When a company’s name becomes a verb in the dictionary, there may be evidence of a monopoly. Perhaps it is no surprise, then, that...
Facebook is one of the giant corporations right now that has been snatching up other tech and social media companies like it’s going out...