EU
‘I don’t think that was the right decision.’ Booking Holdings CEO on being labeled a ‘gatekeeper’ under EU law
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Booking Holding’s CEO Glenn Fogel told CNBC’s Monica Pitrelli that he isn’t against regulations, like the European Union’s Digital Markets Act, but that he wants “rules to apply to everybody equally.” Source
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Ireland now needs to decide what it will do with 13 billion euros in back taxes from Apple
Shoppers on Wicklow Street in Dublin, Ireland, on Thursday, March 28, 2024. Bloomberg | Bloomberg | Getty Images A landmark ruling from the European Union’s top court means Ireland will receive 13 billion euros ($14.4 billion) in unpaid taxes from Apple — a windfall that Dublin had spent several years fighting to avoid. It leaves […]
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Car giants are being forced to confront some hard truths over the EV transition
The Volvo logo is displayed at the Volvo Cars Hill Country dealership on September 04, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images European car giants are contending with a perfect storm of challenges on the path to full electrification, including a lack of affordable models, a slower-than-anticipated rollout of […]
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Apple loses EU court battle over 13 billion euro tax bill in Ireland
Omar Marques | Sopa Images | Lightrocket | Getty Images Europe’s top court on Tuesday ruled against Apple in the tech giant’s 10-year court battle over its tax affairs in Ireland. The pronouncement from the European Court of Justice comes hours after Apple unveiled a swathe of new product offerings, looking to revitalize its iPhone, […]
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China begins anti-dumping probe into Canadian rapeseed
Cooking oils made from canola from Canada and soybeans are offered for sale at a grocery store on April 26, 2022 in Chicago, Illinois. Scott Olson | Getty Images China announced on Monday the start of a one-year anti-dumping investigation into imports of rapeseed from Canada, just weeks before Ottawa’s 100% tariffs on Chinese-made electric vehicles and other products come into force. […]
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The world just sweltered through its hottest summer on record for the second year running
A man uses an umbrella for shade in Seoul on August 14, 2024, during a prolonged heatwave which has gripped much of the country. Anthony Wallace | Afp | Getty Images The summer of 2024 was the hottest on record, according to the European Union’s climate monitor, extending an alarming run of temperature records that […]
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China hits Canada with anti-dumping probe on canola imports, Ottawa deeply concerned
Cooking oils made from canola from Canada are offered for sale at a grocery store on April 26, 2022 in Chicago, Illinois. Scott Olson | Getty Images China said on Tuesday it planned to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak. Canadian Farm Minister Lawrence […]
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China urges EU to be ‘objective and fair’ on South China Sea issue
China urged the European Union to be “objective and fair” and careful with words and actions on issues in the South China Sea, after the bloc remarked on an incident that occurred over the weekend. Ted Aljibe | Afp | Getty Images China urged the European Union to be “objective and fair” and careful with words and actions on issues in the South China Sea, after the […]
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CNBC Daily Open: ‘Crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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CNBC Daily Open: Wall Street’s ‘dress rehearsal’
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you […]
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