EU

EU business lobby head says 'enormous waste' in Chinese EV sector

Overcapacity of Chinese electric vehicles is among the top concerns facing European firms in the country, the president of a business lobby warned Wednesday, decrying "enormous waste" in some key sectors.

Apple forced to pay Ireland $14.4 bln: what happened?

Apple has recently come out on the losing end of a lengthy court battle with the European Union, leaving the tech giant obligated to pay Ireland 13 billion euros (about $14.4 billion) in back taxes. How did this happen? Let's break it down.

Google loses seven-year battle against $2.7 bln fine

Google has recently lost a battle against a 2.24 billion euro ($2.7 billion) fine that was issued by EU antitrust regulators in 2017. The European Commission issued the fine seven years ago, accusing Google of exploiting its price comparison shopping service to gain an unfair competitive advantage over smaller European competitors.

Chinese brands tap soccer to shine in Europe

According to UEFA's official website, there are 13 global partners for this year's tournament and, remarkably, five of them are Chinese companies: BYD, Vivo, Hisense, Alipay and AliExpress

Meta clashes with EU over 'pay or consent' advertising model

Meta Platforms, the company behind Facebook, WhatsApp, and Instagram, was recently charged by EU antitrust regulators for the company's newly introduced 'pay or consent advertising model', which goes against EU tech rules' user privacy concerns.

EU and China open talks over electric car tariffs

EU and China trade chiefs held "candid and constructive" talks on Saturday over plans from Brussels to ramp up tariffs on Chinese electric cars, and the two sides will hold further consultations, the EU said

Europe must fight the far-right surge

Far-right populist parties performed exceptionally well in the European Parliament elections, finishing first in France, Italy, and three other countries.

EU seeks roadblocks for Chinese EVs without sparking trade war

The EU faces a delicate balancing act as it prepares to rev up taxes on Chinese electric cars to protect European industry, while steering clear of a US-style showdown with Beijing that could spark a trade war

Analysis / Europe's auto suppliers reach the end of the road

Facing the double shock of the end of combustion engines and rising competition from China, European suppliers like Bosch, ZF and Webasto have all announced cuts, casting a shadow on the forthcoming EU elections

September 11, 2024
September 11, 2024

EU business lobby head says 'enormous waste' in Chinese EV sector

Overcapacity of Chinese electric vehicles is among the top concerns facing European firms in the country, the president of a business lobby warned Wednesday, decrying "enormous waste" in some key sectors.

September 11, 2024
September 11, 2024

Apple forced to pay Ireland $14.4 bln: what happened?

Apple has recently come out on the losing end of a lengthy court battle with the European Union, leaving the tech giant obligated to pay Ireland 13 billion euros (about $14.4 billion) in back taxes. How did this happen? Let's break it down.

September 10, 2024
September 10, 2024

Google loses seven-year battle against $2.7 bln fine

Google has recently lost a battle against a 2.24 billion euro ($2.7 billion) fine that was issued by EU antitrust regulators in 2017. The European Commission issued the fine seven years ago, accusing Google of exploiting its price comparison shopping service to gain an unfair competitive advantage over smaller European competitors.

July 8, 2024
July 8, 2024

Chinese brands tap soccer to shine in Europe

According to UEFA's official website, there are 13 global partners for this year's tournament and, remarkably, five of them are Chinese companies: BYD, Vivo, Hisense, Alipay and AliExpress

July 1, 2024
July 1, 2024

Meta clashes with EU over 'pay or consent' advertising model

Meta Platforms, the company behind Facebook, WhatsApp, and Instagram, was recently charged by EU antitrust regulators for the company's newly introduced 'pay or consent advertising model', which goes against EU tech rules' user privacy concerns.

June 23, 2024
June 23, 2024

EU and China open talks over electric car tariffs

EU and China trade chiefs held "candid and constructive" talks on Saturday over plans from Brussels to ramp up tariffs on Chinese electric cars, and the two sides will hold further consultations, the EU said

June 13, 2024
June 13, 2024

Europe must fight the far-right surge

Far-right populist parties performed exceptionally well in the European Parliament elections, finishing first in France, Italy, and three other countries.

May 30, 2024
May 30, 2024

EU seeks roadblocks for Chinese EVs without sparking trade war

The EU faces a delicate balancing act as it prepares to rev up taxes on Chinese electric cars to protect European industry, while steering clear of a US-style showdown with Beijing that could spark a trade war

May 6, 2024
May 6, 2024

Europe's auto suppliers reach the end of the road

Facing the double shock of the end of combustion engines and rising competition from China, European suppliers like Bosch, ZF and Webasto have all announced cuts, casting a shadow on the forthcoming EU elections

May 5, 2024
May 5, 2024

EU supply chain law is both a threat and an opportunity

How will it impact Bangladesh’s garment manufacturers?

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