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Tag: EU

Retail Asia08/09/2021
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E-Tailing

Shopee launching platform in Poland

1min0
Sea Ltd’s Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters. The move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region. Shopee is simultaneously preparing […]
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Retail Asia09/07/2021
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General

EU may force Apple to allow app side-loading

3min0
Apple has been in some hot water around the world for a while now, regarding its monopolistic practices in the App Store (not to even mention the whole right-to-repair movement). The inability for mobile developers to offer iOS apps anywhere outside the official App Store has been a long-standing issue and the cause for many a lawsuit […]
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Retail Asia06/05/2020
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Electronics

First European Apple Store to reopen on Tuesday

2min0
Apple’s sole retail location in Vienna, Austria will resume operations on May 5. The company’s CEO Tim Cook had earlier indicated that the store would reopen by mid-May. Since infection rates have decreased, the country has started relaxing lockdown measures already. Per the German outlet Heute, the re-opening will be cautious, with many measures in place […]
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Retail Asia19/04/2019
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Automotive

European Union Says BMW, Daimler, VW Colluded To Limit Emissions Technology

4min0
European Union authorities said Friday that German automakers BMW, Daimler and Volkswagen colluded to limit the development of emissions-cleaning technology in cars. The finding adds to the car industry’s woes after Volkswagen in 2015 admitted to cheating on emissions tests in the U.S., which led to a worldwide reevaluation of how cars are tested and how to limit emissions to […]
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Retail Asia05/04/2019
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Telecom

EU-wide security approach planned for 5G

2min0
The European Commission (EC) has outlined plans to establish a common European Union approach to the security of 5G networks. The EC has recommended a series of operational steps and measures aimed at ensuring a high level of security of 5G networks across the EU. The recommendations for EU member states include legislative and policy measures designed […]
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Retail Asia22/03/2019
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General

Asian firms are better prepared than European peers to comply with data-privacy regulations, according to new EIU study

5min0
The collection and use of personal data for commercial purposes are on the rise, but concerns over privacy and cyber-security breaches are causing concern among consumers, companies and regulators alike. The report, The transparent business barometer: Preparing for the end of easy data, written by The Economist Intelligence Unit (EIU) and sponsored by Ant Financial, assesses companies’ […]
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Retail Asia21/03/2019
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Automotive

BMW Blames Trade Headwinds with Emissions Tests

3min0
Profits at German high-end carmaker BMW tumbled in 2018, the firm said Friday, with trade headwinds and tough new EU emissions tests’ drag on performance set to last into this year. “Challenges facing the entire sector are unlikely to diminish in the coming months,” chief executive Harald Krueger said in a statement. Net profit at […]
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Retail Asia23/10/2018
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Finance

EU pushes for approval of trade agreement with Vietnam

3min0
The European Commission submitted for approval on Wednesday a free trade agreement with Vietnam. The E.U.-Vietnam trade and investment agreements will need approval from the E.U.’s 28 members and from the European Parliament. The parties have agreed a related accord to promote democracy and human rights, including commitments, dialogue and possible sanctions. E.U. Trade Commissioner […]
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Retail Asia17/07/2018
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Living

European Union ‘open to palm oil’

2min0
The European market is open to palm oil and there is no ban on the commodity, said Ambassador and Head of European Union Delegation to Malaysia, Maria Castillo Fernandez. Clarifying the stance of Europe on palm oil, she said there is a discussion in the region to reduce the use of biofuels in order to […]
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Retail Asia30/10/2017
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E-Tailing

EU mulls digital firms’ global profits tax

3min0
The European Union is asking its citizens to help decide on a fairer tax regime for large digital corporations that may include a tax on their global profits. Firms such as Amazon, Google and Facebook have often been accused of paying too little tax within the bloc by establishing their regional headquarters in low-tax countries […]
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