live U.S. to impose measures 'never seen before' on Iran, Treasury secretary says
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
The European Commission has opened an anti-dumping investigation into imports of primary alkaline manganese dioxide batteries from China after receiving a complaint from German manufacturer Varta Consumer Batteries.
According to an official notice published on Thursday, Varta alleges that Chinese producers are selling cylindrical, non-rechargeable primary cells and batteries in the European Union at unfairly low prices, harming domestic manufacturers and weakening their position in the market.
The investigation covers primary alkaline manganese dioxide batteries, a category widely used in consumer electronics and household devices. Rechargeable batteries and waste products are excluded from the probe.
In its announcement, the Commission said there was sufficient preliminary evidence to justify launching an investigation. The evidence points to alleged dumping practices by Chinese exporters and signs of material injury to EU producers, including falling prices, declining sales volumes and a loss of market share.
Varta's complaint also argues that production costs in China are artificially distorted by significant state involvement across the battery supply chain. The company highlighted the role of electrolytic manganese dioxide (EMD), a key raw material that represents a substantial portion of battery production costs, claiming that government intervention affects pricing and market conditions.
The complaint further alleges that major industry associations in China operate under government influence and that several leading battery manufacturers are state-owned enterprises, potentially giving them advantages that do not exist in market-driven economies.
As part of the investigation, the European Commission will examine whether Chinese battery producers benefit from these alleged distortions and whether their products are being dumped on the EU market at prices below fair value.
Brussels is also assessing concerns about excess manufacturing capacity in China and growing inventories, factors that could increase pressure on European producers if imports continue to rise.
The probe will be conducted under EU trade defence rules and in accordance with World Trade Organization regulations. Investigators will determine whether anti-dumping measures are warranted and whether imposing duties would be in the broader interest of the European Union.
The Commission will now collect evidence and submissions from exporters, importers, producers and other interested parties before reaching a final decision. If the investigation confirms unfair pricing and resulting harm to the EU industry, the bloc could impose anti-dumping duties on the affected imports.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Iran and Afghanistan are seeking closer cooperation in agriculture, livestock and irrigation during a three-day Iranian ministerial visit to Kabul, as both sides look to strengthen trade and rural economies.
At least 437 civilians were killed and 2,610 injured in Ukraine in July, according to UN investigators, marking the highest monthly civilian casualty toll since March 2022.
Record rainfall in Japan killed eight people and stranded thousands of travellers at Tokyo's Narita Airport on Friday, as flooding disrupted transport and cut power to 20,000 homes.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments.
Ukraine’s attacks on Russian ports, refineries and shipping infrastructure are putting Moscow’s energy exports under growing pressure and disrupting key trade routes, raising concerns over commercial shipping and global food supplies.
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