Sweden
EU countries divided on Chinese EV tariffs in vote, Reuters reports
Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images European Union governments exposed divided views on the merits of EU tariffs on imports of China-built electric vehicles in a non-binding but still influential vote, sources with knowledge of the vote said on Tuesday. The European Commission, which oversees […]
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‘Too cheap to ignore’: Buy this under-the-radar global bank with a 9% yield, analyst says
Shares of Nordea Bank , the Finnish lender, have been labeled “too cheap to ignore” by investment bank Berenberg. Nordea , founded in 1820 and headquartered in Helsinki, has millions of customers throughout Finland, Sweden, Norway, and Denmark. The stock is also traded in the U.S., U.K. , Germany , Italy and Switzerland . Earlier […]
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Why tariffs on Chinese EVs may not work
The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. Today the country has the capacity to make about 40 million vehicles annually — enough to supply half the world. Only about 25 million cars sold in the country in […]
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Norway discovers Europe’s largest deposit of rare earth metals
Neodymium is displayed at the Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. factory in Baotou, Inner Mongolia, China. Nelson Ching | Bloomberg | Getty Images Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and […]
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Europe stocks extend declines in shadow of Middle East tensions; Ericsson up 8%, Dr Martens plunges 30%
Dr Martens shares plunge 30% to all-time low, trading halted Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the 1990s. drmartens.com Shares of Dr Martens plunged 30% to […]
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Modular houses were hailed as a resolution to housing crises. But the sector is now struggling to scale
An personnel checks the exterior casing with a spirit level in a modular residence at the Tophat manufacturing unit in Foston near Derby, British isles, on Tuesday, Sept. 12, 2023. Bloomberg | Bloomberg | Getty Images The plan of utilizing pre-assembled factors in housebuilding is far from new. Fashionable tech-enabled variations of modular housing guarantee […]
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Apple reverses training course, approves Epic Game titles for app shop in Europe
Tim Sweeney, main government officer of Epic Games Inc., speaks for the duration of an job interview in Seoul, South Korea, on Tuesday, Nov. 16, 2021. SeongJoon Cho | Bloomberg | Getty Photos Apple has authorized Epic Games’ developer account in Sweden, which will make it possible for the company to present a competing app […]
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Epic Game titles states Apple retaliated about lawsuits by banning corporation's developer account
“Fortnite” creator Epic Games’ Main Govt Tim Sweeney leaves following a weeks-lengthy antitrust demo at federal court docket in Oakland, California, U.S. May perhaps 21, 2021. REUTERS/Brittany Hosea-Small Brittany Hosea-smaller | Reuters Apple has turned down Epic Games’ application for a developer account it would use to start an application store for iPhones in Europe, […]
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Ukraine war live updates: Russian military plane reportedly crashes in Belgorod, near Ukraine border
Russian military transport plane reportedly crashes in Belgorod An Ilyushin Il-76 Strategic airlifter performs during the 76th anniversary of Victory Day in Red Square in Moscow, Russia, on May 9, 2021. Anadolu Agency | Anadolu Agency | Getty Images A Russian military transport plane — an Ilyushin Il-76 — crashed in the border Belgorod region, […]
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Turkey’s parliament approves Sweden’s NATO membership, lifting critical a hurdle
Turkish legislators on Tuesday endorsed Sweden’s membership in NATO, lifting a major hurdle on the formerly nonaligned country’s entry into the military services alliance. The legislators ratified Sweden’s accession protocol by 287 votes to 55, with four abstentions. The ratification will come into effect following its publication in the Official Gazette, which is envisioned to […]
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