European Union

The European Union (EU) has decided to delay the imposition of retaliatory tariffs on US goods, including a 50% duty on whiskey, until mid-April. This move comes as a response to President Donald Trump‘s steel and aluminium tariffs. What Happened: The EU’s decision to postpone the...

U.S. President Donald Trump has threatened to impose a 200% tariff on alcoholic products from the European Union, in response to a 50% tariff on whisky by the EU. What Happened: On Thursday, Trump took to his Truth Social to express his dissatisfaction with the European Union, which...

The chairperson of Alibaba Group Holding ADR (NYSE:BABA), Joseph Tsai acknowledged that everyone around the world is concerned about the ongoing tariff battle between the economic powerhouses of the world. What Happened: While speaking at CNBC’s event Converge Live, in Singapore, Tsai...

The 25% tariffs on steel and aluminum imports imposed by U.S. President Donald Trump have now taken effect, triggering a swift retaliation from the European Union. What Happened: The tariffs were enforced on Wednesday, impacting several countries including Canada, Australia, and...

Mark Zuckerberg‘s Meta Platforms (NASDAQ:META) and Google (NASDAQ:GOOGL) (NASDAQ:GOOG) have voiced their concerns over Europe’s stringent artificial intelligence (AI) regulations, arguing that these rules are hampering the growth of the region’s tech industry. What...

Brussels is revisiting its scrutiny of major tech firms like Apple Inc. (NASDAQ:AAPL), Meta Platforms Inc. (NASDAQ:META), and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG). This comes as U.S. companies urge President-elect Donald Trump to tackle what they perceive as...

Apple Inc. (NASDAQ:AAPL) has stopped selling its iPhone 14, iPhone 14 Plus, and third-generation iPhone SE models across most European Union countries. What Happened: Apple's decision is a response to new EU regulation requiring USB-C ports for smartphones with wired charging...

Tesla Inc.'s (NASDAQ:TSLA) new vehicle registrations in the EU are continuing to drop, threatening the company's global EV delivery target for the year. What Happened: Tesla had 18,786 new vehicle registrations in the European Union in November, marking a drop of 41% from the...

Investors on Wall Street are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. The Data: A post on X from Mike Zaccardi relayed data from the Bank of America fund manager survey. BofA FMS: 4th biggest overweight of US...

Tesla Inc.’s (NASDAQ:TSLA) new vehicle registrations in the EU are continuing to drop, threatening the company’s global EV delivery target for the year. What Happened: Tesla had 11,088 vehicle registrations in the European Union in October, marking a drop of 21% from the corresponding...

It was a rollercoaster week for Apple Inc. (NASDAQ:AAPL). From facing a hefty legal claim in the UK to receiving directives from the EU, the tech giant had its hands full. Amidst these challenges, Apple also revealed exciting plans for new tech products set to challenge industry competitors. Here...

The European Union has directed Apple Inc. (NASDAQ:AAPL) to discontinue geo-blocking on its media services. What Happened: The European Commission has identified several geo-blocking practices on Apple’s platforms, including the App Store, Apple Arcade, Music, iTunes Store, Books, and...

As the European Union prepares to fully implement the Markets in Crypto-Assets (MiCA) regulation by December 2024, the European crypto market is on the verge of a major change. Ian Horne, head of content at Money20/20's Amsterdam show, recently discussed how this new framework will impact exchanges...

The EU Court of Justice has ruled in favor of Intel (NASDAQ:INTC), concluding a nearly two-decades-long antitrust case with EU regulators. This ruling marks a significant victory for the tech giant against the European Commission’s claims. What Happened: The EU Court of Justice, Europe’...

American EV giant Tesla Inc. (NASDAQ:TSLA) witnessed a 31% jump in new car registrations in September in the European Union, marking a comeback from the drop in registrations throughout the year, according to data from the European Automobile Manufacturers Association (ACEA) released on Tuesday....