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German Carmakers Reject EU Tariffs on Chinese Electric Cars, Fearing Trade War and Impact on EV Transition

Berlin, April 13, 2024 - The German automotive industry is strongly opposed to the European Commission's proposal to impose punitive tariffs on electric vehicles...

US Steel Shareholders Approve Nippon Steel Takeover, But Deal Faces Hurdles

Pittsburgh, April 13, 2024 – Shareholders of American steelmaker U.S. Steel on Friday approved its takeover by Japanese conglomerate Nippon Steel for $14.9 billion....

US, UK Ban Russian Metals from LME, CME Exchanges in Further Blow to Moscow

Washington/London, April 13, 2024 - The United States and the United Kingdom imposed tough sanctions on Russia on Friday evening, targeting a key sector...

The End of the AirBnB Era in Vienna? New Regulations to Restrict Short-Term Rentals

Vienna, April 13, 2024 (Financeflashnews) - The Austrian capital, Vienna, is set to introduce strict regulations for AirBnB and similar platforms, significantly impacting the...

Dubai Introduces 20% Tax on Foreign Banks

Dubai, April 13, 2024 (Financeflashnews) - Dubai authorities have introduced a 20% tax on the annual income of foreign banks operating in the emirate....

Gold Prices Continue to Break Records

LONDON, April 12, 2024 (TASR) - Gold prices continued to rise at the end of the week, reaching new record highs. The precious metal,...

Electric Cars: China and the US Accelerate, Europe Slows Down

The global electric vehicle market continues to grow dynamically. Sales of these vehicles in March 2024 increased by 12% compared to the same period...

U.S. Airlines Battle China Over Flights

Washington, D.C., April 12, 2024 – U.S. airlines are complaining about unfair competitive practices by China in the aviation sector. They allege that China...

Google to Invest $1 Billion in Undersea Cables Connecting US and Japan

Google is investing $1 billion in the construction of two undersea cables that will connect the US and Japan, improving digital connectivity in the...

Vietnamese Real Estate Magnate Sentenced to Death for Billion-Dollar Fraud

A Vietnamese court has sentenced real estate magnate Truong My Lan to death for her role in a massive $12.46 billion real estate fraud. This...

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