Starbucks, Coca-Cola Seek Trademark Renewal in Russia
Coca-Cola and Starbucks have sought to re-register their trademarks in Russia to protect their intellectual property rights.
Europe
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.
European Commission President Ursula von der Leyen Re-Elected to Second Term
The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to..
Tesla Increases Model 3 Prices in Europe Over China EV Tariffs
Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain...
UK Unveils New Stock Market Listing Rules to Simplify, Streamline the Process
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings...
US Sanctions Are Compromising Russian Imports of Chinese Cars
US sanctions have created obstacles for Russian imports of Chinese car...
UK Supreme Court Rules Against British Airways, Paving Way for Massive Compensation Claims
The UK Supreme Court's ruling against British Airways on flight delays...
Latest News
Meta Halts EU AI Model Rollout Amid Privacy Concerns, Regulatory Pressure
Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.
UK Economy to Gain $1.27 Billion from Taylor Swift's Record-Breaking Eras Tour
Taylor Swift's Scotland concerts boosted the local economy by $98 million and are projected to add $1.27 billion to the UK economy while setting new attendance records.
G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia
The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits
US Luxury Travel Firms Report Inadequate Interest in the Upcoming Paris Olympics
Luxury travel companies in the US are reporting low Paris Olympics ticket sales so far.
[UPDATE] Chinese EV Shares Jump Following EU’s New Import Tariffs
Most Chinese EV manufacturers' stock prices rose on Thursday morning after the EU proposed 38% higher tariffs.
US Sanctions Several Firms in Hong Kong, UAE for Involvement in Russian Gold Trade
The US has imposed sanctions on several companies based in Hong Kong and the UAE for involvement in the trade of gold produced by a sanctioned Russian miner.
Meta Wants to Use European Data for AI Training—Will Privacy Complaints Hinder it?
Meta said it wants to use European data for AI training while facing privacy concerns from European countries. Can it be allowed to do so?
Volvo to Move EV Production to Belgium From China as EU Prepares to Impose Tariffs on Chinese EVs
Volvo has reportedly started moving production of EVs to Belgium in anticipation of the European Union's impending taxes on China-made cars.
Russia's Vladimir Putin Says Nearly 40% of Russian Trade Turnover Now in Rubles Amid Growing Conflict With West
Russia's President Vladimir Putin has claimed that almost 40% of the country's trade is now transacted in Russian rubles.
