Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Europe’s air passengers will from September be forced to again limit themselves to 100 millilitre liquid items in their carry-on bags. Described by the European Commission as a “temporary” and “precautionary” reimposition, the move covers the EU and European Economic Area and follows the UK bringing back the curbs at its airports in June. The … Read more
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images The European Commission on Monday warned X Corp. owner Elon Musk and CEO Linda Yaccarino that the company may … Read more
ASML dominates the global market for lithography systems, complex tools that use lasers to help create the tiny circuitry of semiconductors. It is the only maker of lithography systems using extreme ultraviolet (EUV) wavelengths, needed by TSMC to make the most complex processors for smartphones and AI chips. Christophe Fouquet took over as president and … Read more
The European Union said Friday that blue checkmarks from Elon Musk’s X are deceptive and that the online platform falls short on transparency and accountability requirements, the first charges against a tech company since the bloc’s new social media regulations took effect. The European Commission outlined the preliminary findings from its investigation into X, formerly … Read more
The US tech giant rolled out the option after the European Union’s top court ruled Meta must first get consent before showing ads to users, in a decision that threatened its business model of tailoring ads based on individual users’ online interests and digital activity. Meta’s model does not allow users to exercise their right … Read more
Microsoft faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with its Office product, giving it an unfair advantage over rivals such as Slack. Two decades after Microsoft’s last EU fine, the EU competition watchdog’s latest action was triggered by a 2020 … Read more
Omar Marques | Sopa Images | Lightrocket | Getty Images European Union regulators on Monday said Apple is in breach of sweeping new tech rules because it does not allow customers of its App Store to be steered to alternatives. The European Commission, the EU’s executive arm, also said it had opened a new probe … Read more
China needs to follow the example of global metropolises such as London or New York in building public infrastructure capable of withstanding extreme weather, the official newspaper of the environment ministry has said. The China Environment News article comes as the country encounters yet another summer of severe weather brought on by climate change, with … Read more
Volvo was considering halting the sales of its EVs. (Photo: Business Times) The European Union is expected to impose tariffs on China-made electric vehicles from next month. Anticipating an imposition of tariffs on China-made electric vehicles (EVs), Volvo Car has started to shift its Chinese-made EVs to Belgium. Majorly owned by China’s Geely, Volvo was … Read more
