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Search resuls for: "Kim Mackrael In Brussels"


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☆ TikTok Banned on EU Executive Staff Devices
  + stars: | 2023-02-23 | by ( Kim Mackrael In Brussels | Stu Woo In London | Kim Mackrael | ) www.wsj.com   time to read: 1 min
The European Commission has banned its staff from using the TikTok app on their work-issued devices, widening across the Atlantic a patchwork of similar, limited bans affecting U.S. officials. The move, which would affect thousands of employees of the European Union’s top executive body, comes as officials in Europe and the U.S. scrutinize TikTok, owned by Beijing-based ByteDance Ltd., over security concerns.
☆ EU Seeks to Counter U.S. Clean-Tech Subsidies With New Funding
  + stars: | 2023-01-17 | by ( Kim Mackrael In Brussels | Jenny Strasburg In Davos | Kim Mackrael | ) www.wsj.com   time to read: 1 min
The European Union plans to push back against the clean-tech tax breaks in the U.S. Inflation Reduction Act by easing its subsidy rules and creating a new pot of money to help member states with limited fiscal firepower compete. Officials in Europe worry that “Buy American” provisions attached to the U.S. subsidies will lure European companies away from the EU and harm the continent’s clean-tech and manufacturing industries. Although the U.S. said last month it would adjust its rules to allow some vehicles assembled overseas to qualify for the new incentives, those changes haven’t been enough to allay European fears.
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