Europe Votes to Slap China-Made EVs With Tariffs—but Tesla Gets Off Easy
Despite opposition from Germany, the European Union will start imposing tariffs as high as 45 percent on Chinese-made electric vehicles. Elon Musk’s marque takes the smallest hit. Key Points
WIREDEuropean Union, India join hands to nurture startups in electric vehicle battery recycling field
Collaboration aims to boost the cooperation between European and Indian small and medium-sized enterprises. In a fillip to the country’s Electric Vehicle... Key Points
The Tribune IndiaUS, European stocks pause near record highs ahead of central bank actions, jobs data
By Stephen Culp NEW YORK (Reuters) -Wall Street followed European counterparts into the red on Monday and U.S. Treasury yields ticked higher as investors looked ahead to key jobs data and Key Points
ThePrintEU moves to tweak rules on foreign central counterparties amid tussle between RBI and European regulators
ET has seen a document dated February 13 that showed the General Secretariat of the Council of the European Union has sent two proposals to the Permanent Representatives Committee of the council concerning treatment of central counterparties. This has been a bone of contention between the RBI and the EU authorities since October 2022. Key Points
Economic TimesWall St ends lower, Treasury yields gain as strong data cools rate-cut hopes
By Stephen Culp NEW YORK (Reuters) -U.S. stocks followed their European counterparts to a lower close on Wednesday and U.S. Treasury yields resumed their uphill climb as robust economic data chilled Key Points
ThePrintEU mulls wider scope for cybersecurity certification scheme - paper
The European Union is considering broadening the scope of proposed cybersecurity labelling rules that would affect not just Amazon (AMZN.O), Alphabet's (GOOGL.O) Google and Microsoft (MSFT.O) but also banks and airlines, according to the latest draft of the rules. Key Points
ReutersEU lawmakers back rules forcing Big Tech to tackle child pornography
EU lawmakers agreed on Wednesday to draft rules requiring Alphabet's (GOOGL.O) Google, Meta (META.O) and other online services to identify and remove online child pornography, saying that end-to-end encryption would not be affected. Key Points
ReutersLeonardo focuses on European alliances as it trims DRS stake in US
Italy's Leonardo (LDOF.MI) is trimming its stake in U.S. unit DRS (DRS.O) as new CEO Roberto Cingolani looks to expand the state-controlled group with major roles in European defence projects. Key Points
ReutersMeta appeals against EU gatekeeper status for Messenger, Marketplace
Meta (META.O) on Wednesday appealed against "gatekeeper" designations for its Messenger and Marketplace platforms, the first Big Tech company to challenge new European Union rules setting out dos and don'ts for the online services. Key Points
ReutersGM to sell electric Cadillac in Switzerland, other European markets
General Motors (GM.N) said on Thursday it would start selling all-electric Cadillac vehicles in Switzerland, the first step in a return to European markets since selling off the Opel and Vauxhall brands in 2017. Key Points
ReutersEU to study mobile ecosystems to counter any Apple, Google antitrust pushback
European Union antitrust regulators have commissioned a study into mobile ecosystems to help them counter any pushback from Apple (AAPL.O) and Alphabet's (GOOGL.O) Google in complying with new tech rules. Key Points
ReutersResist Russian disinformation as elections loom, EU tells Big Tech
European Commission Vice President Vera Jourova on Tuesday urged Alphabet's (GOOGL.O) Google, Microsoft (MSFT.O), Meta Platforms (META.O) and TikTok to do more to tackle what she called Russia's "multi-million euro weapon of mass manipulation" ahead of elections in Europe. Key Points
ReutersEU authorises use of adapted Pfizer/BioNtech vaccine for COVID-19 variant
The European Commission has authorised an updated COVID-19 vaccine from Pfizer (PFE.N) and its German partner BioNtech (22UAy.DE) to be used in EU countries' vaccination campaigns this autumn to target the dominant Omicron XBB.1.5 variant, it said on Friday. Key Points
ReutersFrance's Macron slams hire of US economist for EU antitrust role
French President Emmanuel Macron on Tuesday criticised EU antitrust chief Margrethe Vestager's decision to hire a U.S. economist over a European to help oversee Big Tech, adding her previous work could lead to conflicts of interest. Key Points
ReutersEU Commission sticks to US economist pick for senior antitrust job
The European Commission stuck to its guns on Friday, saying it was not reconsidering EU antitrust chief Margrethe Vestager's pick of a U.S. economist to a senior job helping to oversee Big Tech despite criticism from French ministers and EU lawmakers. Key Points
ReutersEuropean shares gain ahead of key US inflation data
European shares edged higher on Wednesday in the run-up to the release of key U.S. inflation data which will determine whether the Federal Reserve is nearing the end of its monetary policy tightening. Key Points
ReutersUEFA European Under-21 Championship: England beat Israel by 2-0
In the 24th edition of the UEFA European Under-21 Championship, 16 teams are taking part. It is very important as it will serve as the European qualifier for the Olympics 2024. Key Points
Economic TimesGermany wants more chipmakers, but they won't come cheap
Plans are in the works to revamp German immigration laws to attract more talent, but that might not be soon enough. Firms that already exist have real trouble finding skilled labor, Gropp said. Do we want to make that even worse and put those firms that didn't benefit from the subsidies out of business? Key Points
Economic TimesMeet Aleph Alpha, Europe’s Answer to OpenAI
The European Union is desperate for its own artificial intelligence giant. German startup Aleph Alpha might be its best hope. Key Points
WIREDEU fine-tunes plans to launch four Galileo satellites on SpaceX
The European Union has struck a tentative deal to launch four Galileo navigation satellites using Falcon 9 rockets of U.S.-based SpaceX, European officials said on Tuesday, in the latest sign of pressure caused by a gap in European launch capacity. Key Points
ReutersAnalysis: French backlash scuppers appointment of US economist for EU Big Tech regulation
A French-led backlash led to a U.S. economist withdrawing from a top European Union antitrust job on Wednesday, a move some economists said risks undermining competition policy-making. Key Points
Reuters