BMW Accelerates Into the Future
In a strategic move towards embracing the electric vehicle (EV) era, BMW is injecting €650 million (equivalent to $711 million) to overhaul its primary manufacturing hub in Munich. This major investment, announce...
Broadcom's VMware takeover
The $61 billion acquisition of VMware by Broadcom is currently under investigation by the European Commission and the Competition and Markets Authority in the UK. The deal has raised concerns ...
Personal data
US President Joe Biden on Friday signed an executive order aimed at strengthening the privacy and security of personal data of EU residents in the context of Washington's intel...
Nvidia & Arm deal
Nvidia (NVDA) shares fell 0.8% on Tuesday after news broke that EU authorities see not enough concessions from Nvidia on the Arm purchase deal to mitigate potential damage to competitors and gain approval from EU antitrust...
Fine for Google
France's antitrust regulator has issued a €500m fine against Google, the regulator said in a statement on its website on Tuesday.
It noted that "the regulator fined the company for failing to comply with several court orders is...
Boeing and Airbus dispute
The European Union and the U.S. have reached an agreement to end a long-running trade dispute over Boeing and Airbus that has resulted in more than $10 billion in reciprocal customs duties...
Corporate tax
The G7 countries on Friday formally approved a global minimum corporate tax rate of 15 per cent. This means that multinational companies like Google, Facebook, Apple and others must pay this minimum tax in ...
Vaccine supply blocked
The shipment in question is 250,000 doses. The Foreign Ministry believes that it is too large compared to the number of doses supplied to other EU countries. Italy be...
EU recovery
US exchange-traded fund WisdomTree (NASDAQ:WETF) has launched a bond ETF to support economic recovery efforts in the EU after the COVID-19 pandemic.
The ETF will invest in bonds issued by the EU to finance initiatives aimed at reducing ...
UK foreign policy
The UK should decide on its foreign policy and not try to simultaneously enlist both the European Union and the US as close allies. This was stated by French President Emmanuel Macron.
He said: "What course will the UK choose? It ...
Supply disruptions
Vaccine supplies to Europe are at risk as there is a shortage of vaccines already approved there, the head of BioNTech said.
German bioengineering company BioNTech is working ...
Make Amazon Pay
The global campaign "Make Amazon Pay", an initiative of a coalition of more than 50 organisations, was launched on Black Friday and includes such requirements of the e-commerce giant Amazon (NASDAQ:AMZN) as improved working condition...
Will AstraZeneca vaccine be allowed to be used?
Despite all the assurances of AstraZeneca Pascal Soriot, CEO of AstraZeneca, that the additional study should not slow down obtaining regulatory approvals for the use of COVID-19 vaccine, a number of q...
Rebounding cooperation with the USA
The EU is seeking a new alliance with the United States following the resignation of President Donald Trump, as well as to respond to Chinese challenges, the Financial Times reported.
The newspaper refers to a dr...
Business separation
Famous technology companies in America may face the worst consequences in the European market as the EU Commissioner for Home Market Affairs prepares to introduce new legislation with rules for digital services.
T...
Fine duties on goods
Against the backdrop of many years of conflict with the United States over subsidies to Boeing and Airbus aircraft manufacturers, the European Union will impose penalties on American products. On Monday, 9 No...
Economist Timme Shpakman says that the EU economy could suffer from the transition to a new phase of relations with the UK without an agreement on what the relationship should be.
"Brexit's economic impact without a deal on ...
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