On June 12, the EU said it will impose higher tariffs on imports of Chinese electric vehicles (EVs), CNBC reports. The increase in tariffs is the result of a probe launched by the EU in October. According to the EU, the Chinese imports benefit "heavily from unfair subsidies" and threaten "economic injury" to European EV producers.
It has begun. While Europe has been obsessing over elections in France and Britain, and officials in Brussels are haggling in back rooms over who gets the top jobs in the EU, something far more important has been happening. A full-scale trade war has started with China.
A Swiss court handed jail sentences to four members of Britain's richest family on Friday for exploiting Indian staff at their Geneva mansion.Geneva prosecutor Yves Bertossa had requested a custodial sentence of five and a half years against Prakash and Kamal Hinduja.
Lawyers for Donald Trump asked the New York judge who ordered the former president to pay nearly half a billion dollars to recuse himself from the case alleging the judge engaged in “prohibited communications” with a real estate lawyer about the case before issuing his decision.
More than 20 investigations are ongoing into solicitors and law firms that worked for the Post Office in cases linked to the Horizon IT scandal, the Solicitors Regulation Authority (SRA) has said.
Girls Aloud pay tribute to Sarah Harding during their reunion tour.
Work on the Causeway Bridge in Wolsingham has been postponed after residents raised concerns over the development
The owner of a Brooklyn coffee and barber shop who was accused of sexually assaulting one of his former employees came under fire this week after a federal judge ruled he destroyed video evidence vital to an ongoing lawsuit.Brian Burnam’s excuse for not preserving evidence after one of his employees at Cotter Barber sued him in 2019? He thought it was a gag.“This is this person that has gone unchecked for a very long period,” the employee, Joshua “Jude” Ahamed told The Daily Beast on Friday. “He
Southeastern has launched a recruitment drive with a chance to earn almost £56k per year.
A site manager who works in Brightwell-Cum-Sotwell has been recognised as one of the best in the UK after winning a housing industry award.
Christopher Ruane outlines a handful of investing lessons from billionaire Warren Buffett that he thinks can help a small investor like him. The post I’d use these 5 Warren Buffett approaches to build wealth appeared first on The Motley Fool UK.
A Glasgow hotel is in a bid to expand into a car park behind it.
Amidst a backdrop of fluctuating indices, the Australian market has shown mixed signals, with sectors like utilities and communications experiencing growth while materials lag behind. This nuanced landscape sets an intriguing stage for exploring undervalued small-cap companies that may offer unique opportunities in the current economic environment. A good stock in this context would ideally demonstrate resilience and potential for growth despite broader market volatility, making it an...
The defense contractor has stayed more profitable than other industry players, and its stock has outperformed.
Electric vehicle sales are surging in Southeast Asia, led by China's BYD and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.
The Philippines is engaged in a major buildout of natural gas power at a time when scientists say the world needs to urgently phase out fossil fuel use because of climate change. An Associated Press investigation found that a major cheerleader for natural gas, Gov. Hermilando Mandanas of Batangas province, stood to benefit from the buildout. The government has ambitions for making the Philippines a liquified natural gas hub for the Asia-Pacific region.
Although Tesla (TSLA) shareholders voted in approval of CEO Elon Musk's massive pay package — currently valued at around $46 billion based on today's Tesla stock price — Musk still faces a challenge in overturning a Delaware judge's decision to rescind the initial pay package from 2018. Yahoo Finance Legal Reporter Alexis Keenan lays out Musk's legal obstacles in persuading Delaware courts to reinstate his compensation package. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Tesla's robotaxi unveiling won't just be about the technology: 'We're starting a new book' Tesla's 'aging portfolio' is a bigger issue than its prices EV competitors like Ford, GM are 'scared' of Tesla: Investor 'Don't fire Steve Jobs': Tesla analysts react to approval of Elon Musk's pay package 'Hold on Tesla and wait,' don't buy right now: Strategist Tesla is in 'incredibly enviable' position for real-world AI Tesla is biggest market bubble in world history: Short seller Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why.
Investing.com – The battle between Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) for the title of the world's highest market capitalization has been ongoing since early January, when the iPhone maker ceded the crown to the company founded by Bill Gates, only to reclaim it on June 12. A few days later, NVIDIA Corporation (NASDAQ:NVDA) joined the race, and with the help of artificial intelligence, managed to occupy the top spot for market cap worldwide, albeit for a single session.
Revived planning application is back on the table
U.S. private equity firm Carlyle Group is pushing ahead with the sale of Italian fashion brand Twinset, asking potential bidders to submit non-binding offers, two sources close to the matter said on Friday. Carlyle, which picked Rothschild as financial adviser earlier this year, is aiming for a valuation of around 300-350 million euros, one of the sources said. In January newspaper Il Sole 24 Ore reported that the brand was exploring a sale and that it could attract interest from Asian investment groups.
Facial recognition startup Clearview AI reached a settlement Friday in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects' privacy rights, a deal that attorneys estimate could be worth more than $50 million. Attorneys' fees estimated at $20 million also would come out of the settlement amount. Judge Sharon Johnson Coleman, of the Northern District of Illinois, gave preliminary approval to the agreement Friday.
