Today: September 20, 2024
Today: September 20, 2024

Europe

Business|Europe|Finance|Technology

Why does Apple have to pay Ireland $14.4 billion?

Apple lost a long-running court battle with the European Union on Tuesday, resulting in the company being forced to pay 13 billion euros ($14.4 billion) in back

Why does Apple have to pay Ireland $14.4 billion?
Business|Economy|Europe|Finance|Technology

China proposes negotiations with EU to resolve EV tariff dispute

China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.

China proposes negotiations with EU to resolve EV tariff dispute
Europe|News|World

Norway's spy chief sees Russia more likely to attempt sabotage

The head of Norway's foreign intelligence service believes Russia has become more likely to try to sabotage its infrastructure, such as oil and gas,

Norway's spy chief sees Russia more likely to attempt sabotage
Business|Europe

Fifth of industrial value creation in Germany under threat, BDI says

Around 20% of industrial value creation in Germany is under threat, according to a study published by the business association BDI on Tuesday.

Fifth of industrial value creation in Germany under threat, BDI says
Business|Europe|Health|Technology

Hearing aid makers slip after Apple rolls out hearing aid features, analysts shrug off threat

Shares in European hearing aid makers slipped in early trading on Tuesday after Apple rolled out hearing aid features.

Hearing aid makers slip after Apple rolls out hearing aid features, analysts shrug off threat
Business|Europe|Finance

EU's top court dismisses Apple's final appeal against order to pay Ireland 13B euros in back taxes

The European Union’s top court has rejected Apple’s final legal challenge against an order from the bloc’s executive commission to repay 13 billion euros ($14.34 billion) in back taxes to Ireland, bringing an end to the long-running dispute

EU's top court dismisses Apple's final appeal against order to pay Ireland 13B euros in back taxes
Business|Europe|Technology

EU to trim proposed tariffs on Tesla, other EVs from China

The European Union will lower proposed final tariffs on Tesla and slightly trim rates for other electric vehicles from China after taking into account submissions by the companies

EU to trim proposed tariffs on Tesla, other EVs from China
Crime|Europe|News

Islamic scholar's rape acquittal overturned by Geneva court

A Swiss appeals court has overturned the acquittal of a prominent Islamic scholar on charges of rape and sexual coercion against a woman, Geneva's cantonal government said on

Islamic scholar's rape acquittal overturned by Geneva court
Business|Europe|Travel

The 2024 Olympics were a success for Paris but a calamity for some businesses

Parisian business owners and hotel managers were promised a summer like no other

The 2024 Olympics were a success for Paris but a calamity for some businesses
Business|Europe

Inditex sales growth forecasts dampened by rain in Spain

Expectations of bumper second quarter sales growth at Zara owner Inditex have been dashed by a wet and cold June in its biggest market of Spain, analysts and

Inditex sales growth forecasts dampened by rain in Spain
Business|Europe|Finance|Technology

Google loses fight against $2.7 billion EU antitrust fine

Alphabet's Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion) fine levied by EU antitrust regulators seven years ago, one of a trio of

Google loses fight against $2.7 billion EU antitrust fine
Business|Economy|Europe

German chemicals sector recovery loses momentum in Q2, says industry group

A slight recovery in the German chemicals sector lost momentum in the second quarter, a report by the VCI industry body said on Tuesday, as both domestic and foreign orders slowed in the

German chemicals sector recovery loses momentum in Q2, says industry group
Business|Europe|Technology

EU's Vestager triumphs in crackdown on Apple's tax deal, Google's practices

EU antitrust chief Margrethe Vestager scored two major wins on Tuesday as Europe's top court backed her crackdown against Apple's Irish tax deal and Google's anti-

EU's Vestager triumphs in crackdown on Apple's tax deal, Google's practices
Business|Europe|Finance|Stock Markets

FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets

London's FTSE 100 ended lower on Tuesday, led by a sell-off in healthcare and energy shares, while cooling wage growth in the UK cemented bets for further

FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets
Europe|News|World

Which EU member states have introduced temporary border checks?

The European Union is dealing with an increase in legal and illegal migrant arrivals, spurring some member countries to temporarily reintroduce border checks within what is normally a wide

Which EU member states have introduced temporary border checks?
Economy|Europe|Finance

Banks, energy stocks weigh on European bourses; BMW tumbles

European equity markets largely lost ground on Tuesday, weighed by bank and energy stocks as investors tread cautiously ahead of key U.S.

Banks, energy stocks weigh on European bourses; BMW tumbles
Business|Europe|Technology

Google and Apple lose their court fights against the EU and owe billions in fines and taxes

Google has lost its final legal challenge against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in search results, ending a long-running antitrust case that came with a whopping fine

Google and Apple lose their court fights against the EU and owe billions in fines and taxes
Europe|News|World

Russian attacks injure three, damage infrastructure in Ukraine, authorities say

Overnight Russian drone and missile attacks injured at least three people, damaged buildings and caused fires across Ukraine, authorities said on Tuesday.

Russian attacks injure three, damage infrastructure in Ukraine, authorities say
Business|Europe|Finance|Stock Markets

UK fund firms Schroders and abrdn name new CEOs to reboot ailing fortunes

UK fund managers Schroders and abrdn named new CEOs on Tuesday, appointing insiders to reboot performance at firms running nearly 1.3 trillion pounds ($1.7 trillion)

UK fund firms Schroders and abrdn name new CEOs to reboot ailing fortunes
Europe|News|World

A woman is killed near Moscow after more than 140 Ukrainian drones target Russia, officials say

Officials say over 140 Ukrainian drones targeted multiple Russian regions overnight, including Moscow and surrounding areas, in one of the biggest Ukrainian drone attacks on Russian soil in the 2 1/2-year war

A woman is killed near Moscow after more than 140 Ukrainian drones target Russia, officials say
Business|Economy|Europe

UK pay growth cools, keeping BoE on track for another rate cut

British pay growth cooled in the three months to July to a more than two-year low and employment shot higher, according to data on Tuesday which is

UK pay growth cools, keeping BoE on track for another rate cut
Economy|Europe|News

German inflation falls to the lowest level in more than three years

German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for the European Central

German inflation falls to the lowest level in more than three years
Business|Europe

Iliad founder Niel buys Ukraine's third-largest mobile provider

A consortium of investors led by French billionaire Xavier Niel has closed the transaction to acquire and merge Ukrainian mobile operator Lifecell with service

Iliad founder Niel buys Ukraine's third-largest mobile provider
Europe|News|World

Ukraine targets Moscow in biggest drone attack yet

Ukraine targeted the Russian capital on Tuesday in its biggest drone attack so far, killing at least one and wrecking dozens of homes in the Moscow region and forcing around 50

Ukraine targets Moscow in biggest drone attack yet
Business|Economy|Europe|Finance|Stock Markets

China gloom overshadows Wall Street-led rebound

A look at the day ahead in European and global markets from Rae Wee The rebound in global share markets proved short-lived in Asia on Tuesday, as yet another set of lacklustre economic indicators from

China gloom overshadows Wall Street-led rebound

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