BRUSSELS — France’s prime minister described it as a “dark day” for the European Union, a “submission” to U.S. tariff demands. Commentators said EU Commission chief Ursula von der Leyen’s handshake with President Donald Trump…
Category: 3. Europe
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The markets are behaving as if Europe has pulled the wool over Trump’s eyes
European stocks are up 0.93% today, and the STOXX Europe 600 index is again approaching an all-time high. (By contrast, S&P 500 futures are only up 0.28% this morning.) Given that the U.S. just slapped Europe with a 15% tax on all its exports to…
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Carrier’s Europe Unit Flat as Heat Waves Fail to Drive Sales
Carrier Global Corp. shares dropped as sales in Europe disappoint after heat waves across the continent failed to deliver a boost in air conditioner purchases.
Organic sales for its Europe segment came in flat for the quarter for both home and…
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US companies dominate the European cloud market – regional players are left fighting for scraps
EU-based cloud providers have seen their local revenues triple in recent years, new research shows, but there’s still a long way to go until they can break the dominance of US tech giants.
Analysis from Synergy Research Group shows US providers…
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Online giant Temu is under fire in Europe as millions of users face high risk of encountering illegal products on platform
The European Union accused Chinese-founded online shopping giant Temu on Monday of breaking the bloc’s digital rules by not “properly” assessing the risks of illegal products.
EU regulators believe Temu is not doing enough to protect…
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Spain deepens antitrust probe into Apple, citing App Store pricing concerns
Apple could be “abusing its dominant market position,” the regulator said.
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Netherlands bans Israeli ministers from entry over ‘advocacy for ethnic cleansing in Gaza’ – POLITICO
A spokesperson for Veldkamp confirmed that the minister will also personally summon the Israeli ambassador on Tuesday. “Later today our minister will also decide whether he wants to support the suspension of the trade provisions of the EU-Israel association agreement,” the…
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Israeli settler kills Palestinian activist who worked on Oscar-winning film 'No Other Land'
An Israeli settler, who Donald Trump removed from US sanctions list in January, has killed a Palestinian journalist and community leader who helped make the Oscar-winning documentary ‘No Other Land’.
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Greek government cautious on new EU-US trade deal reached with Trump
Greek finance minister and other trade officials share their thoughts on the tariff agreement reached between US President Donald Trump and European Commission President Ursula von der Leyen.
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How Turkey re-emerged as the West’s ‘indispensable’ defence partner
After years of strained relations and embargoes, Turkey is poised to become an “indispensable” defence partner for Europe, as Germany lifts its veto on advanced jet sales and the United States seeks to end a damaging arms dispute.Analysts say…Continue Reading