Tag: EU

Retail Asia13/03/2024
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3min0
Just recently, Apple rolled out iOS 17.4, introducing big changes to the App Store landscape in the European Union. Why? To comply with the newly adopted Digital Markets Act (DMA). These changes include support for alternative app marketplaces, new business terms, in-app purchase options, and more. Now, in response to developers’ feedback, Apple has announced a few additional tweaks. […]

Retail Asia13/12/2023
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3min0
In an attempt to avoid a hefty fine and ongoing legal battle with the European Union, Apple is reportedly proposing to open up its near-field communication (NFC) technology, used for tap-and-go payments, to its rivals. This move comes after the European Commission launched an antitrust investigation into Apple’s practices surrounding Apple Pay, suspecting that the […]

Retail Asia27/04/2023
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2min0
Ultra low-cost e-commerce platform Temu, owned by PDD Holdings has started selling to European markets including France, Germany, Italy, The Netherlands, Spain and the United Kingdom. The Temu.com website now shows all of these markets on its location drop down menu in addition to the United States, Canada, Australia and New Zealand, where it had […]

Retail Asia22/04/2023
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2min0
Switzerland was early to adopt a regulatory framework for digital assets. Now Europe has approved an EU-wide crypto rulebook. The European Parliament is adopting the Markets in Cryptoassets (MiCA) regulation, scheduled to come into force from mid 2024 onwards, it said in a statement Thursday. The regulation aims to increase customer protection for crypto-assets that are not regulated […]

Retail Asia29/11/2022
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3min0
European Union ministers warned on Friday that time was running out to resolve differences with Washington over U.S. plans to give tax credits to consumers buying electric vehicles and other green products as long as they are made in North America. The EU argues the $430 billion Inflation Reduction Act, to take effect in January, […]

Retail Asia19/07/2022
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4min0
High inflation in the EU area and geopolitical uncertainties are some reasons why Europeans move assets to Switzerland. Yet as the country drifts further away from Brussels, going after these clients could become more complicated. Swiss banks are not allowed to proactively solicit clients in Europe unless they have a branch in the respective market. […]

Retail Asia09/06/2022
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3min0
After ten years the EU has reached a landmark decision to achieve corporate gender equality. The move will put pressure on Swiss companies both in the EU and at home. The EU is introducing a legally binding 40 percent quota for women in non-executive positions and a 33 percent quota for women in executive roles […]

Retail Asia01/03/2022
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4min0
The first Eurozone Banks get hit by sanctions while Switzerland is waiting to see if the Federal Government follows in the EU’s steps. To some degree or another, Swiss banks will not be able to escape sanctions against Russia, whether they affect corporate loans, commodity trade financing or business with wealthy clients from Russia. Switzerland’s […]

Retail Asia22/11/2021
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2min0
Shares in Dutch navigation and mapping company TomTom closed 9.3% higher on Wednesday, after the European Union published rules specifying that cars must incorporate a technology that the company supplies, starting in 2022. TomTom works with carmakers to provide the technology that helps drivers comply with speed limits, called “intelligent speed assistance.” The publication in […]

Retail Asia10/11/2021
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2min0
The Business Climate Index of European companies rose 3 percentage points to 18.3 in Q3, showing improving perceptions on Vietnam’s economic outlook. The rise from the historic low of 15 points in September came as business leaders were more optimistic about Vietnam’s business environment as the country relaxed social distancing measures and aimed toward a […]


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