Norway selects British-made frigates for its navy, Norwegian government says
Norway will purchase a fleet of British-built frigates to reinforce its naval strength, the government confirmed on Sunday. The move marks a decisive ...
As the EU considers new tariffs on Chinese electric vehicles, China is open to alternatives and welcomes the EU's delegation for discussions amid rising opposition among member states.
China is willing to consider alternative possibilities while the European Union investigates new tariffs on Chinese electric vehicles. The EU's decision to send a mission to China for additional talks has been welcomed by Beijing, indicating growing opposition to these proposed measures among EU member states.
During a video meeting, European Commission Executive Vice-President for the Economy Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao decided to start discussions, concentrating on possible minimum price pledges from Chinese producers or investment in Europe as alternatives to tariffs. China's Ministry of Commerce said it hopes these talks will be "pragmatic" and "balanced," resulting in a settlement that benefits both parties.
Hungary and the UK are among the nations that have expressed opposition to the EU's proposed tariffs. The promotion of clean technology and carbon reduction targets are not aided by such tariffs, according to Ada Nagy, Deputy State Secretary for Industry Affairs, Ministry for National Economy of Hungary. He underlined that consumers are likely to choose conventional fuel-powered vehicles over new energy alternatives in the absence of incentives.
The EU's decision, according to Jack Perry, Chairman of the UK's "48 Group Club," is shortsighted and might impede the expansion of the EU's electric car sector and keep it behind the rest of the world in terms of renewable energy developments. Although the strategy may appear advantageous in the short run, he contended that it could cause consumers to face long-term expenditures and slow down the shift to electric vehicles.
Both parties believe that as conversations continue, a solution will be reached that balances economic interests with environmental responsibilities and encourages sustainable growth in the electric vehicle market.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
YouTube TV and Fox have reached a distribution agreement that will keep Fox News, Fox Sports and other Fox channels available to subscribers, the companies confirmed on Thursday.
The S&P 500 and Dow Jones Industrial Average closed at record highs on Thursday (28 August), after Nvidia’s quarterly report fell short of investors’ lofty expectations but confirmed that demand for artificial intelligence (AI) infrastructure remains strong.
Malaysia Prime Minister Anwar Ibrahim said he intends to convene a summit of the Regional Comprehensive Economic Partnership in October, local media reported on Wednesday.
The Organisation for Economic Co-operation and Development (OECD) reported on Tuesday that G20 countries’ international goods trade rose slightly in the second quarter of 2025, mainly because imports into the United States fell sharply after rising in the first quarter.
The S&P 500 closed lower on Monday (25 August) as investors turned their attention to Artificial Intelligence (AI) chipmaker Nvidia’s upcoming quarterly results, following Friday’s rally that saw the Dow Jones Industrial Average close at a record high.
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