McDonald’s Loses ‘Big Mac’ Trademark Dispute to Irish Rival Supermac’s in EU Court
A high EU court sided with Irish fast-food competitor Supermac's over McDonald's in a "Big Mac" trademark dispute.
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
EU Pays Germany $ 1.9 Billion for LEAG’s Coal Exit
Germany said that the European Commission has agreed to compensate power company LEAG with up to$1.90 billion for deciding to move away from coal by 2038.
Microsoft President Claims Few AI Deepfakes Target EU Elections, But Says They Shouldn't Declare Victory Yet
Microsoft President Brad Smith said that only a few AI deepfakes target EU elections. But this shouldn't be celebrated as a victory yet.
Russia Set to Raise Taxes on Wealthy, Big Corporations to Fund Ukraine War
The finance ministry of Russia has proposed implementing new tax rates for high-income earners and specific industries starting in 2025.
Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
US, Europe Move Closer to Vaccinating Poultry and Dairy Workers Against Bird Flu
The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.
Alibaba Introduces David Beckham as AliExpress's New Global E-Commerce Brand Ambassador
David Beckham is the global brand ambassador for AliExpress as the e-commerce platform tries to expand internationally.
French Finance Minister, Other G7 Finance Chiefs Warn of Oversaturation of Chinese Goods in Global Market
French Finance Minister Bruno Le Maire told Bloomberg that the G7 has an issue with China’s economic model, where the country produces more and more cheaper industrial devices, which he claimed could
West Bromwich Albion Employee Suspended, Under Investigation Over Racism Allegations
Allegations of racism prompted the West Bromwich Albion Football Club to suspend one employee and initiate an inquiry
Citigroup Fined $79 Million After UK Trader Makes $444 Billion 'Fat Finger' Error
Citigroup Inc. was fined £61.7 million ($79 million) by British regulators for failing to prevent a "fat finger" mistake worth $444 billion.
