European Union

After Regulatory Hurdles In US, Alibaba-Rivals Shein And Temu Face Customs In EU
Warren Buffett-Backed Chinese EV Giant BYD To Open First Southeast Asia Factory To Increase Car Sales Amid EU Tariffs
Meta's 'Pay Or Consent Model' To Draw Charges From EU: Report
Warren Buffett-Backed Chinese EV Giant BYD To Open First Southeast Asia Factory To Increase Car Sales Amid EU Tariffs
Meta's 'Pay Or Consent Model' To Draw Charges From EU: Report
China Says European Union 'Intimidated And Coerced Chinese Enterprises' As Potential EV Trade War Looms Large: 'Responsibility Lies Entirely With The EU Side'
After US And EU, Now Canada Considers Imposing Tariffs On Chinese EVs As Domestic Pressure Mounts: Report

European Union Recent News

Xi Jinping Says US Trying To Trick China Into Invading Taiwan: 'They Are Having A Pipe Dream And Would Shoot Themselves In The Foot' (UPDATED)
This is the first known instance of Xi making such a claim to a foreign leader.
Microsoft, Google, And Amazon Should Not Be Discriminated Against, EU Groups Demand As They Rally For 'Inclusive' Cybersecurity Label
A coalition of 26 European industry groups has called for a non-discriminatory approach to the proposed European Union Cybersecurity Label for cloud services.
Nike's Bid To Trademark 'Footware' Thwarted By EU Court
Nike loses EU trademark case for 'footware' to Puma SE, ordered to pay legal fees. Can still appeal to higher court. Stock down 12% in past year.
Bain Partner Warns Chinese EV Makers: Price Wars Abroad Could Jeopardize Product Quality And Brand Reputation, Urges Focus On Long-term Strategy
A Bain & Co. partner has cautioned that the ongoing price wars among Chinese electric vehicle manufacturers in overseas markets could potentially raise doubts about the quality of their products.
Meta Platforms Under Fire in Norway For Using Private User Data From Facebook, Instagram For AI Training
The complaint, drafted by the European Center for Digital Rights, will be submitted to the Norwegian Data Protection Authority and other European data protection authorities.
Fresh EU Tariffs Could Slow Down Tesla Chinese Rivals, But Warren Buffett-Backed BYD 'Can Profitably Export Even At A 35% Tariff,' Says Expert
The European Union has introduced new tariffs on electric vehicles manufactured in China, a move that could pose challenges for Chinese automakers. However, companies like BYD are expected to remain competitive.
Euro Hits Monthly Low Amid Political Instability In France
By RoboForex Analytical Department
France's Emmanuel Macron's Call For Snap Election Following EU Election Setback 'Spooked' Market, Says Expert As European Stocks Slide
Early results indicate that populist, far-right parties may have increased influence in European policymaking over the next five years.
Edward Snowden Suggests EU Election Results Could Spell Trouble For Biden After Pro-War Politicians Harshly Punished: 'Perhaps Time To Give Peace A Chance'
Amid FTC Probe, Meta In Hot Waters With EU With 11 Privacy Complaints Over AI Data Use
The complaints were submitted by the advocacy group NOYB (None Of Your Business) to prompt national privacy watchdogs to intervene and halt Meta's intended use of personal data.
McDonald's Loses Chicken Big Mac Trademark In European Union
The court determined that McDonald's did not provide sufficient evidence of continuous use of the Chicken Big Mac trademark.
Apple's EU App Store Sales Remain Steady Despite Regulatory Changes: Report
Analysts caution that if the EU successfully contests the Core Technology Fee in court, the situation could change.
OpenAI's ChatGPT Fails To Meet EU's Data Accuracy Standards, Says Privacy Watchdog
EU privacy watchdog finds OpenAI's ChatGPT chatbot failing to meet data accuracy standards despite efforts to minimize incorrect outputs.
EU Enacts World's First AI Regulation, First Compliance Trigger Will Aim To Tackle AI Systems That Pose 'Unacceptable' Risk
The European Union has enacted the world's first AI regulation, with sights set to tackle AI systems that pose "unacceptable risk."
China Strikes Back At Biden's Tariffs With New Investigation Into Plastics Imports: 6 Stocks Caught In Crossfire
China launches anti-dumping probe on plastics from US and EU, possibly as retaliation for Biden's recent tariffs. Chemical companies affected include Celanese, BASF, DuPont, Mitsubishi, Asahi Kasei, and SABIC.
Richard Branson Urges Georgia To Revoke 'Awful Bill' Labeled 'The Russian Law' By Opponents As Mass Protests Hit Former Soviet Republic
Richard Branson, the founder of Virgin Group, has called for the withdrawal of a controversial bill in Georgia, amid widespread protests. The bill, if passed, would require organizations receiving over 20% of their funding from abroad to register as "agents of foreign influence."
Spotify Vs. Apple Heads Back To EU Regulator's Court After iPhone Maker Keeps Blocking In-App Pricing Information Updates
Spotify intensifies legal battle with Apple in EU over music streaming app policy, with Commission considering another investigation.
Microsoft Faces Scrutiny Over Cloud Practices As Spanish Startup Association Files Complaint: 'All Companies Should Be Able To Compete...'
The association alleges that Microsoft is using its dominant position in operating systems and traditional productivity software markets to force the adoption of its Azure cloud.
EU Subtly Warns To Use 'Trade Defense Instruments' As China's Xi Jinping Visits France To De-escalate Trade Disputes
Von der Leyen pointed out the surge of heavily subsidized Chinese products, such as electric vehicles and steel, into the European market.
Chinese President Xi Jinping Begins Two-Day State Visit To France Amid Escalating Trade Disputes And Ukraine Conflict
Chinese President Xi Jinping arrived in France on Sunday, commencing a two-day state visit. The visit comes at a time of escalating trade disputes between China and the European Union and against the backdrop of the ongoing conflict in Ukraine.
Xi Jinping Puts On European Charm Offensive: Can China Woo EU Amid Simmering US Tensions?
Chinese President Xi Jinping is set to embark on a European tour, visiting France, Serbia, and Hungary, in a bid to strengthen economic ties with the European Union. This move comes amid growing tensions between the US and China, with the EU aligning itself more closely with the U.S.
Apple's iPad OS Among 22 Services Labeled 'Gatekeepers' By European Commission
The Commission also pointed out that both business and end users are tied to iPadOS due to its comprehensive ecosystem.
TikTok Will Stop Paying People For Using The App After EU Raised Addiction Concerns
TikTok Lite suspends EU rewards due to addiction concerns raised by regulators. Learn about the implications and regulatory scrutiny.