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What's next: Media Matters filed a motion to dismiss Musk's lawsuit in March, but a judge has yet to rule. VCG/GettyGovernment lawsuits and investigationsSEC investigation into Musk's Twitter takeoverThe issues: The Securities and Exchange Commission is investigating Elon Musk's Twitter purchase. Matt Winkelmeyer/Getty ImagesPersonal lawsuits against MuskTornetta v. MuskThe issues: Tesla shareholder Richard Tornetta sued Musk and Tesla in a class action lawsuit regarding Musk's compensation package, which was worth $55.8 billion at the time. Several lawsuits also allege Musk discriminated against them because of their race, gender, or disability in choosing to fire them. The executives were set to receive golden parachutes, but claim Musk and X have not paid them out.
Persons: , Elon Musk, Musk, Claire Boucher, Grimes, Alex Spiro, Sam Altman, Donald Trump, Spiro, Anna Webber, Angelo Carusone, What's, Gina Carano, Schaerr Jaffe, Tesla, Musk's, Elon, SEC hasn't, Elon Musk's, who've, Owen Diaz, Matt Winkelmeyer, Richard Tornetta, Kimbal Musk, He's, Boucher, Benjamin Brody, Brody, Brody reverberated, Ben Brody, didn't, Robert Kaiden, Kaiden, he's, Agrawal, Parag Agrawal, Ned Segal, Twitter Vijaya Gadde, Sean Edgett, Segal, hadn't Organizations: Service, SpaceX, Business, OpenAI, SEC, Trump, Trump —, Elon, Variety, Media, X Corp, Disney, National Labor Relations Board, UAW, Tesla, Getty Government, Twitter, Securities, Exchange Commission, Justice Department, Reuters, Traffic, Administration, NHTSA, Apple, NLRB, Musk's SpaceX, US, Employment Opportunity, Musk, Nazi, Litigation Locations: Texas, Texas and Missouri, America, Nazi Germany, California, Delaware, San Francisco
CNN —Same-sex sexual behavior has been observed in more than 1,500 animal species, but a new study has found that it is massively underreported by researchers. Observations of this same-sex behavior in animals, such as sexual mounting and genital touching, date back to the 1700s and 1800s. In a study published Thursday in the journal PLOSOne, a team of researchers at the University of Toronto, Northwestern University and the University of Warsaw found that experts who study animal behavior are underreporting and rarely publishing their observations of same-sex sexual behavior. The study surveyed 65 experts and found that 77% of them observed same-sex sexual behaviors in the species they studied. Davis added that there have been other obstacles that get in the way of documenting same-sex behaviors among animals.
Persons: , ” Karyn Anderson, , Anderson, cuddle, David Hecker, Josh Davis, it’s, , Davis Organizations: CNN, University of Toronto, Northwestern University, University of Warsaw, Bremerhaven Zoo, DDP, Getty Locations: Bremerhaven, Swedish, London, esculentus, Luisenpark, Germany
The Polybahn in Zurich is the most unique train ride I've ever experienced. The Polybahn is a train on a steep incline that takes riders up and down the hilly Swiss city. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But none of those experiences were as unique as my ride on the Polybahn in Zurich in 2022. This story is available exclusively to Business Insider subscribers.
Persons: , I've Organizations: Service, Orient, Business Locations: Zurich, Swiss, Canada, France, Switzerland, Italy, Austria, Germany, Venice
The Taylor Swift Economy Has Landed in Europe
  + stars: | 2024-06-21 | by ( Eshe Nelson | ) www.nytimes.com   time to read: +1 min
It’s not just Taylor Swift fans keeping a close eye on her Eras Tour dates. One of Europe’s most prominent economists is acutely aware that the singer is spending the summer jetting between Europe’s stadiums. Philip Lane, the chief economist at the European Central Bank, had the pop star on his mind when he spoke at an event on Monday. “You managed to say all that without saying Taylor Swift.”Ms. Swift is touring Europe this summer, bringing in her wake hundreds of thousands of Swifties spending on airfare, hotels, restaurants and friendship bracelets.
Persons: It’s, Taylor Swift, Philip Lane, , Ms, Swift Organizations: European Central Bank, Olympics, Wembley Locations: Europe, Paris, Germany
Commuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on Wednesday, May 8, 2024. Photographer: Hollie Adams/Bloomberg via Getty ImagesLONDON — European stocks are expected to open in mixed territory Thursday, with U.K. investors looking ahead to the Bank of England's policy rate decision. The U.K.'s FTSE index is expected to open 16 points higher at 8,212, Germany's DAX up 21 points at 18,087, France's CAC 40 up 3 points at 7,568 and Italy's FTSE MIB up 10 points at 33,192, according to IG. U.K. traders will be focused on the Bank of England's rate decision Thursday, although the central bank is widely expected to hold rates steady at a 16-year high of 5.25%, with the majority of economists polled by Reuters forecasting a cut in August after the country's July 4 election. Data released Wednesday showed U.K. inflation rose by an annual 2.0% in May, hitting the BoE's inflation target.
Persons: BOE, Andrew Bailey, Hollie Adams, Germany's DAX Organizations: Bank of England, City of, Bloomberg, Getty, Bank of, CAC, IG, Reuters Locations: City, City of London
Paris CNN —French soccer superstar Kylian Mbappé made a dramatic foray into the country’s election campaign this week, but don’t expect the striker to have an influence on the outcome. The far-right National Rally party of anti-immigration leader Marine Le Pen is leading in the polls, and most pundits suspect her populist movement has never come this close to power. Leaders of the French far-right National Rally, Marine Le Pen and Jordan Bardella, attend a rally ahead of the European Parliament elections where the party had huge success earlier this month. In 2006, Marine Le Pen’s father, far-right patriarch Jean-Marie Le Pen, suggested there were too many “players of color” on the national side. While millions will cheer them on at the Euros, they serve as a visible reminder of the country’s changing demographics — an issue which animates voters for the National Rally like no other.
Persons: Adam Plowright, , Emmanuel Macron —, Read, Kylian Mbappé, Adam Plowright Adam Plowright, , Marcus Thuram, Mbappé, Emmanuel Macron, Marine, Macron, Le Pen’s, Le Pen, Jordan Bardella, Gonzalo Fuentes, Bardella, today’s TikTok, Thuram —, Lilian, Aime Jacquet, Stu Forster, Marcel Desailly, Zinedine Zidane, Didier Deschamps, Le, Jean, Marie Le Pen Organizations: Paris CNN —, UEFA, , Real Madrid, Ipsos, Reuters, YouTube, Brazil, National Locations: Paris CNN — French, Germany, Paris, Cameroon, Algeria, France, United States, Europe, Guadeloupe
CNN —A 102-year-old Holocaust survivor whose family was murdered at Auschwitz is the cover star for the July/August edition of Vogue Germany. In her interview with Vogue Germany, Friedländer said: “I am grateful. To many she is known as a Holocaust survivor. Friedländer told Vogue Germany that she was “appalled” by the growth of right-wing populism and the rise of antisemitic attacks. That this never comes to happen again.”Although more than 100 years old, Friedländer is not Vogue’s oldest cover model.
Persons: Margot Friedländer, née Bendheim, Friedländer, Ralph, ” Friedländer, , , they’d, Kerstin Weng, Mark Peckmezian, Weng, ’ Friedländer, Adolf, Apo, Maria Oggay Organizations: CNN, Vogue Germany, Berlin’s Jewish, Gestapo, Nazi, Vogue, Federal Locations: Auschwitz, Berlin, Theresienstadt, Czechoslovakia, Nazi Germany, , New York, Vogue Philippines
Nvidia 's furious rally to become the king of the megacap stocks has also put it above the entire stock market value of some of the world's largest economies. On Tuesday, Nvidia surpassed $3.3 trillion in market capitalization, moving it ahead of Microsoft as the biggest stock in the U.S. But its market cap had already raced ahead of the cumulative value for entire stock markets in Germany, France and the United Kingdom, measured individually and in U.S. dollars. Only India, Japan, China and the U.S. have stock markets bigger than Nvidia alone, according to Deutsche Bank. The rally has also fueled concerns about the concentration of the U.S. stock market in just a few technology names.
Persons: Warren Buffett's Berkshire Hathaway Organizations: Nvidia, Microsoft, Deutsche Bank, U.S, Apple Locations: U.S, Germany, France, United Kingdom, India, Japan, China, OpenAI
This is according to a detailed internal document obtained by Business Insider that reveals a host of new information and insights about Amazon's book business and the broader publishing landscape. Reliable data on this industry is limited or tightly controlled, so it's sometimes difficult to get handle on the scope of the book business. "Monopoly power"Amazon's book business has drawn antitrust scrutiny over the years. The company doesn't publicly disclose book sales, nor does it give a revenue breakdown of each retail category. The US accounts for over half of the salesThe document reveals a few staggering numbers that show how big Amazon's book business is.
Persons: , John Warren, George Washington University's, doesn't, Lindsay Hamilton, Noble, Warren, Hamilton Organizations: Service, Business, Amazon, Federal, American Booksellers Association, FTC, Justice Department, BI, GMS, Barnes, Costco, Pew Research Center, George Washington University Locations: Germany, Japan, France, Italy, Spain, Australia
The European Union risks missing its 2030 climate goals, with Germany and Italy lagging behind. The two countries may have to spend €15 billion on carbon credits to comply with a climate law. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe European Union is at risk of missing its ambitious climate goals for 2030, and Germany and Italy are largely to blame.
Persons: Organizations: EU, Service, Business Locations: Germany, Italy
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I completed a 3.5-year apprenticeship as a media designer and engineer, and I've been in the tech industry since I was 15. Leaving so quickly wouldn't have been possible without the support of our LA friends, who helped us in many ways. Courtesy of Lucas FrischmannI came up with this idea as I struggled to keep up with all my connections. AdvertisementIf you were laid off from a tech company and want to share your story, please email Manseen Logan at mlogan@businessinsider.com.
Persons: , Lucas Frischmann, It's, I've, Frischmann, it's, I'd, Manseen Logan Organizations: Service, Twitter, Meta, Business Locations: Los Angeles, Asia, Vietnam, Italy, Taiwan, Thailand, Japan, Indonesia, South Korea, Europe, Austria, Germany, Switzerland, Bangkok, Amalfi Coast, Bali , Indonesia, mlogan@businessinsider.com
That figure rose to more than a third (38%) for the top 40 European and Israeli generative AI companies in terms of venture funding raised, and 60% for the top 10 generative AI companies for funding levels. Google bought British AI lab DeepMind in 2014, and the firm's tech is now key to AI products including its Gemini generative AI tools. Many AI founders are professors, tooAccel noted universities play a major role in the creation of generative AI startups. British universities are the most popular study destination for generative AI founders, Accel's research found. France's Ecole Polytechnique is the second-highest academic founder factory in Europe, with 7% of generative AI founders having studied there.
Persons: Arthur Mensch, Porte de Versailles, Dealroom, Harry Nelis, Europe's, Nelis, Timothee Lacroix, Guillaume Lample, Laurent Sifre, Karl Tuyls, Charles Kantor, Mistral, Accel, , Lourdes Agapito, Agapito, Matthias Niessner, Victor Riparbelli, Steffen Tjerrild Organizations: Viva Technology, Parc, Chesnot, Getty, Accel, Apple, Google, Microsoft, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Facebook, Research, Meta, Amazon, Stanford University, British, University College London, UCL, University of Cambridge, France's Ecole Polytechnique Locations: Paris, France, Europe, Israel, Israeli, Alpha Germany, United Kingdom, British, London, France's
CNN —Astronomers are witnessing a never-before-seen spectacle in the cosmos: the awakening of a supermassive black hole at the center of a distant galaxy. In late 2019, a team of astronomers took notice of an otherwise unremarkable galaxy named SDSS1335+0728, 300 million light-years away in the Virgo constellation. “If so, this would be the first time that we see the activation of a massive black hole in real time.”Sleeping celestial giantsSupermassive black holes are classified as having masses more than 100,000 times that of our sun. “In the case of SDSS1335+0728, we were able to observe the awakening of the massive black hole, (which) suddenly started to feast on gas available in its surroundings, becoming very bright.”Previous research has pointed to inactive galaxies that appeared to become active after several years, which is usually triggered by black hole activity, but the process of a black hole awakening has never been directly observed before, until now, Hernández García said. The same scenario may play out with Sagittarius A*, the supermassive black hole at the center of the Milky Way, but astronomers aren’t sure how likely it is to occur, Ricci said.
Persons: , Paula Sánchez Sáez, Neil Gehrels Swift, Chandra, Sánchez Sáez, Lorena Hernández García, Claudio Ricci, , Hernández García, Ricci Organizations: CNN —, Palomar, Astrophysics, European Southern Observatory, Survey, Micron, Sky Survey, Sloan, European Southern, Southern Astrophysical Research, Keck, Millennium Institute of Astrophysics, University of Valparaíso, Diego Portales University Locations: California, Germany, European, Chile, Hawaii,
CNN —A 2,000-year-old Roman funerary urn unearthed in southern Spain has been shown to contain the oldest wine ever found still in liquid form. Daniel Cosano/Juan Manuel Román/Dolores Esquivel/Fernando Lafont/José Rafael Ruiz Arrebola“When the archaeologists opened the urn we almost froze,” he said. This was a big surprise, because wine normally evaporates quickly and is chemically unstable, Ruiz Arrebola said. The discovery of a gold ring and other valuable artifacts suggest it was built by a family of considerable wealth, Ruiz Arrebola said. Ruiz Arrebola now plans to try to work out which modern-day local wine it was most similar to, although there are hundreds to work through.
Persons: José Rafael Ruiz Arrebola, Daniel Cosano, Juan Manuel Román, Dolores Esquivel, Fernando Lafont, José Rafael Ruiz Arrebola “, , Ruiz Arrebola, José Rafael Ruiz, Speyer Organizations: CNN, University of Cordoba, Archaeological Science Locations: Spain, Carmona, Speyer, Germany
But it will remain a big, big trend. How has if at all, Brexit, affected the U.K. tech scene? Arjun KharpalAre there other challenges at the moment, as you see them to the U.K. tech landscape? I'm gonna go with the amount of VC funding in U.K. tech startups for 2025. Sanjot MalhiI would say that is the amount of funding in U.K. AI startups.
Persons: Tom Chitty, Arjun, we'll, Arjun Kharpal, I've, Sanjot, He's, It's, Tom Chitty I've, we've, it's, Arjun Kharpal Sanjot, fintech, we're, you've, let's, Tom Chitty We're, Franklin Templeton, they're, Masa, Softbank, that's, Arjun Kharpal Sanjay, Emmanuel, Macron, hasn't, who's, Emmanuel Macron, I'm, Sanjot Malhi, Arjun Kharpal That's, Kharpal, Tom Chitty Sanjot Organizations: HSBC Innovation Banking, CNBC, Northzone, Hague Cricket Club, European Union, Competition, Markets Authority, London Stock Exchange, London, Masa, Viva Tech, Mistral, Nvidia Locations: Europe, Dealroom, France, China, London, beyondthevalley@cnbc.com, Netherlands, India, The Hague, Germany, Sweden, North America, Asia, San Francisco, Beijing, Tel Aviv, Bangalore, U.S, British, doesn't, Ukraine, IPOs
A 2-0 victory over Hungary sent Germany through to the round of 16, and they got there pretty comfortably. Shaqiri was actually a surprise selection for Switzerland’s second Euro 2024 game against Scotland on Wednesday. Albania, just like against Italy, were ahead and could have pulled off the greatest result in their footballing history. Schar briefly joins the own goals club (Photo: Alex Grimm/Getty Images)Tim SpiersTalking of shocks, do world rankings matter? If the alternative is FIFA executives arbitrarily deciding on seedings among themselves, then it’s probably worth having official rankings.
Persons: Toni Kroos, Antonio Rudiger, Jamal Musiala, Florian Wirtz, Kai Havertz, Ilkay Gundogan, Wirtz, Robert Andrich, Tom Weller, Joshua Kimmich, Leroy Sane, Rudiger, Jonathan Tah, Sam Lee, Xherdan Shaqiri, Shaqiri, Kirill KUDRYAVTSEV, It’s, he’s, Nick Miller, Hysaj, Ante Budimir, Luka Sucic, Berat Djimsiti, Klaus Gjasula, Gjasula, Maximilian Wober, Robin Hranac, Fabian Schar, Scott McTominay’s, Yann Sommer’s, Schar, Alex Grimm, Tim Spiers, Poland —, GABRIEL BOUYS, it’s, Michael Cox What’s, Stefan Matzke – Organizations: England, European Championship, MLS, Albania, Hungary, Musiala, Getty, Sam Lee MLS, Chicago Fire, Scotland, Major League Soccer, Shaqiri, Croatia, Luka, Portugal, UEFA, Scottish, Belgium, Monday, Championship, FIFA, Locations: Denmark, Spain, Italy, Slovenia, Serbia, Germany, Hungary, South America, Scotland, Switzerland, Croatia, Albania, Swiss, Berat Djimsiti …, Czech Republic, Poland, AFP, Israel, Morocco, … Slovenia
Just a quick heads-up: you'll need to use a VPN to access any of the free Germany vs. Hungary live stream options from outside their original broadcast country. How to watch free Germany vs. Hungary live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Germany vs. Hungary today. ET / 5 p.m. BST / 12 a.m. AWSTWhere to watch Germany vs. Hungary in the USAFox has picked up the rights to the vast majority of games in the USA, including Germany vs. Hungary. BBC specifically has the free Germany vs. Hungary live stream today. Where to watch Germany vs. Hungary in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.
Persons: Hungary's humbling, you'll, ExpressVPN, That's Organizations: Business, BBC, Olympics, Wimbledon, USA Fox, Fox, Fubo, Nations, ITV, Australia Optus Sport, Optus Locations: Switzerland, Germany, Hungary, Ireland, USA, Slovakia, Ukraine, Georgia, Australia
CNN —Cristiano Ronaldo made history by becoming the first player to feature in six European Championships as Portugal came from behind to beat Czech Republic 2-1 in Leipzig at Euro 2024 on Tuesday. The 39-year-old made his tournament debut back in 2004, when host Portugal was beaten by Greece in the final. Despite Portugal dominating proceedings, it was Czech Republic which scored first, courtesy of Lukáš Provod’s fantastic long-range effort in the 62nd minute. Czech Republic goalkeeper Jindřich Staněk failed to deal with a simple cross and parried it against his own defender, with the ball bouncing off Robin Hranáč into the goal. At 41 and 113 days, defender Pepe became the oldest player to feature at a European Championships.
Persons: CNN — Cristiano Ronaldo, Nassr – Ronaldo, Roberto Martinez, Diogo Jota, Ronaldo, Francisco Conceição, Lukáš, Jindřich Staněk, Robin Hranáč, he’s, Ronaldo wasn’t, Pepe Organizations: CNN, Czech, Saudi, European, Georgia Locations: Portugal, Czech Republic, Leipzig, Greece, Europe’s, Saudi Arabian, Germany, Turkey
UK millionaires are fleeing Britain in their thousands
  + stars: | 2024-06-18 | by ( Mark Thompson | ) edition.cnn.com   time to read: +4 min
The continuing exodus from the UK — 16,500 millionaires left between 2017 and 2023 — is part of a global mass migration of the rich that appears to be accelerating. The Henley Private Wealth Migration report found that 128,000 millionaires are set to relocate this year, beating last year’s record by 8,000. By contrast, the ranks of the wealthy have grown in the US, Canada, Australia, Germany and France over the same period. “The outflow of high-net-worth individuals already generated by the economic and political context is now being accelerated by policy decisions ahead of the election,” said White. Still, one very rich couple will apparently be staying, whatever the result on July 4.
Persons: Henley, ” Hannah White, , ” Dominic Volek, Liz Truss, Keir Starmer’s, Rishi Sunak’s, Starmer, Rachel Reeves, , White, Akshata Murty, Sunday Times Rich, King Charles, Sunak Organizations: London CNN, Labour, Henley & Partners, Institute for Government, City of, Henley Private Wealth, European Union, Bank of England, Keir Starmer’s Labour Party, Sunday Times Locations: United Kingdom, City of London, China, Japan, Hong Kong, Canada, Australia, Germany, France, Ukraine, England
CNN —Teenage soccer sensation Arda Güler, 19, produced a moment of magic to help Turkey beat Georgia 3-1 in an entertaining Group F game at Euro 2024 on Tuesday. The 65th-minute strike sparked frenzied scenes inside the Signal Iduna Park, with thousands of Turkey fans celebrating arguably the goal of the tournament so far. It was a devastating blow for Georgia, though, which is making its debut at a major soccer tournament. Despite being the lowest ranked team at Euro 2024, its players can count themselves unlucky having pushed Turkey all the way in its opening group stage match. But as the rain poured down onto the exhausted players, it was Turkey celebrating at full-time after a breathtaking match came to an end.
Persons: Arda Güler, Müldür, Georges Mikautadze’s, squirmed, excruciatingly, Kerem Aktürkoğlu, Giorgi Mamardashvili Organizations: CNN, Turkey, Georgia, Real Madrid, Dortmund, German Weather Service Locations: Turkey, Georgia, Germany, Dortmund, Düsseldorf, Gelsenkirchen, Cologne, Berlin
Ukraine is set to receive a hybrid air defense tank from Germany. It consists of a Skyranger turret mounted on a Leopard 2 chassis, per arms manufacturer Rheinmetall. AdvertisementUkraine's war effort may soon get a boost from a new hybrid tank that merges a Cold War-era tank chassis with an advanced air defense system. Rheinmetall, a German arms manufacturer, revealed in a media release on Monday that the new design consists of a Skyranger turret mounted on a Leopard 2 chassis. Björn Bernhard, Head of Land Systems at Rheinmetall, hinted to German media outlet Bild that more such hybrid tanks could be in the works.
Persons: , Björn Bernhard Organizations: Rheinmetall, Service, Land Systems Locations: Ukraine, Germany, German
Read previewNATO Secretary General Jens Stoltenberg this week warned China it faces a stark choice if it continues backing Russia's Ukraine invasion. "But the reality is that China's fueling the largest armed conflict in Europe since World War II. In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. AdvertisementChina-Europe tensions increaseIt's not just China's support for Russia that appears to be focusing European minds on the potential threat it poses. Both have taken a critical stance towards Ukraine and appear keen to do more business with China, in defiance of EU policy.
Persons: , Jens Stoltenberg, Xi, Stoltenberg, Emanuel Macron Organizations: Service, Publicly, Business, West, European Commission, US, European Union, Financial Locations: China, Ukraine, Europe, Beijing, Russia, Germany, Hungary, Serbia
She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and senior columnist for World Politics Review. CNN —When Russian President Vladimir Putin arrives in North Korea on Tuesday, it will kick up yet another gust in the recent swirl of diplomatic activity surrounding Russia’s all-out war against Ukraine. The allies have good reason to believe Putin aims to outlast Western support. South Korean intelligence estimates that North Korea has delivered as many as 5 million artillery rounds, along with ballistic missiles and other ammunition. Putin, meanwhile, will visit one-party ruled Vietnam later this week, not exactly a military powerhouse, but at least one country that is not backing Ukraine.
Persons: Frida Ghitis, Read, Vladimir Putin, Moscow –, Ukraine’s, , Putin, Donald Trump, Putin’s, Putin –, Trump, wouldn’t, he’d, Ursula von der Leyen, Olaf Scholz, Mark Rutte, , Volodomyr Zelensky, Hitler, Joe Biden, Biden, Zelensky Organizations: CNN, Washington Post, Politics, Ukraine, Frida Ghitis CNN, North, Kyiv, White, European, Dutch, Peace, Biden, Trump acolytes, Republican, Zelensky, NATO Locations: North Korea, Pyongyang, Moscow, Kyiv, Ukraine, Putin’s Russia, Iran, Russia, China, Europe, Cuba, Russian, Normandy, Western, Italy’s Puglia, Switzerland, Korea, Germany, Ukrainian, Puglia, , Washington, Vietnam
"The Commission considers that the sample was selected in accordance with the WTO rules and the corresponding EU legislation in this regard," he said. "The Volkswagen Group confidently accepts the growing international competition, including from China, and sees this as an opportunity. The NDRC's Jin added that the EU anti-subsidy probe does not appear to be based off an industry or business complaint. "Consequently, the Commission has reached out to Chinese authorities to discuss these findings and explore possible ways to resolve the issues identified in a WTO-compatible manner," the EU statement said. The Biden administration in May announced it would raise tariffs on imports of Chinese electric cars from 25% to 100%.
Persons: Olof Gill, Gill, BEV, Oliver Zipse, Elon, Jin, EU's Gill, BEV producers, Biden Organizations: CNBC, WTO, Major, Volkswagen Group, EU, Volkswagen, U.K, BMW Group, BMW, SAIC, EV, EVs Locations: Union, China, Germany, Europe, Western Europe, Shanghai, EU, WTO
Georgia’s road to its first game in the European soccer championship had been a long one, more than 30 years in the making. So when it finally arrived on Tuesday, no one wanted to miss out. In Tbilisi, thousands more braved the heat to gather in the city’s parks and squares to watch their team play Turkey. More pressed into one of the main stadiums in the capital, where giant video screens had been erected. He had surprised Georgia’s national team at its German training base on Saturday, puttering to a stop after a 12-day journey that had covered more than 4,000 kilometers (about 2,500 miles).
Persons: Georgia’s, puttering Organizations: Turkey Locations: Germany, Dortmund, Tbilisi
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