Tags: EU

Volvo to Move EV Production to Belgium From China as EU Prepares to Impose Tariffs on Chinese EVs

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.


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.

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.

Airbus CEO Urges Europe to Invest More in Defense Production

Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production. A photo shows the Airbus logo during the Airbus annual press conference in Blagnac, southwestern France on February 16, 2023.


Latest News

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 pose a threat to the global market.
SWITZERLAND-DAVOS-SUMMIT-POLITICS-ECONOMY
The EU has sought for more information about Microsoft's risk report on its generative AI tools.
Facebook, Instagram Face EU Probe Over Suspicions of Failing to Protect Child Safety
The European Union is investigating Facebook and Instagram under concerns of insufficient child protection measures, with Meta facing scrutiny regarding compliance with digital regulations, particularly focusing on age verification tools and privacy safeguards for minors.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
 EU Set to Intensify Sanctions Against Russia Amid Report Kremlin Plots Sabotage Attack
The EU may ban Russian funding for political parties, think-tanks, and other entities. European Commission Vice President Vera Jourova speaks during the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 1, 2023.
FRANCE-CHINA-POLITICS-DIPLOMACY
Xi Jinping's visit to France amid EU tensions highlights economic cooperation, opposing a "New Cold War."
EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis
The European Union has recently unveiled a substantial aid package of 1 billion euros, approximately $1.06 billion, aimed at addressing the challenges faced by Lebanon.
EU Launches Investigation Against Meta Platforms Over Suspected Election Interference, Foreign Disinformation
The EU is preparing to initiate formal procedures against Meta, the company of Facebook and Instagram, over concerns that it is not doing enough to combat Russian disinformation ahead of the EU elections in June.
Google Allegedly Makes It Harder To Search Rival Email Service; Tuta Mail Complains To EU
Tuta Mail accuses Google of making it harder to search for. Here's what the rival email service explained.
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