European carmakers prepare to respond to China’s electric vehicle tariffs

Chinese freight containers on the map of Europe. Import of Chinese goods concept. 3D rendered … [+] illustration. getty The European Union has imposed preliminary fine increases on Chinese electric vehicles. European carmakers do not know when the expected retaliations will come and how severe they will be. The EU on Thursday raised tariffs to … Read more

18MW: Germany chooses China to supply world’s largest wind turbines

A recent announcement by German wind farm developer Luxcara that it is choosing a Chinese equipment manufacturer for its future site has caused a storm in Europe. This pivotal moment could determine the direction in which the European Union’s green transition plans will go in the coming years. After the introduction of electric vehicles, it … Read more

The EU’s restrictive Stablecoin rules will soon come into effect and publishers are running out of time

Tether, Circle and other major stablecoin issuers will soon be on the phone in the European Union. With the new rules coming into effect on June 30, they will not only need the proper authorization to operate in the 27-nation trading bloc, but will also have to deal with the strict limits on transaction numbers … Read more

Apple’s App Store violates EU law on digital markets | TechCrunch

People walk past an Apple Store on March 25, 2024 in Berlin, Germany.

A few months after opening a non-compliance case against Apple and the Digital Markets Act (DMA), the European Commission has shared its preliminary findings with Apple. And the bottom line is that the current App Store rules violate the DMA. Confirmed violations of the DMA can result in fines of up to 10% of global … Read more