CNBC Daily Open: Wall Street’s ‘dress rehearsal’

CNBC Daily Open: Wall Street’s ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

CNBC Daily Open: Wall Street ‘dress rehearsal’

CNBC Daily Open: Wall Street ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

EU officials excited about Kamala Harris

EU officials excited about Kamala Harris

US Vice President Kamala Harris seen attending the 2024 Munich Security Conference on February 16, 2024 in Munich, Germany. Johannes Simon | Getty Images There’s a renewed sense of excitement among European officials as U.S. Vice President Kamala Harris becomes the frontrunner for the Democratic nomination ahead of the all-important election this fall. The U.S. … Read more

EU’s carbon tax could cost India 0.05 per cent of GDP: Report

EU’s carbon tax could cost India 0.05 per cent of GDP: Report

New Delhi: The European Union’s Carbon Border Adjustment Mechanism (CBAM) will impose additional 25 per cent tax on energy-intensive goods exported from India to the EU, a new report said on Wednesday. This tax burden would represent 0.05 per cent of India’s GDP, according to the report titled “The Global South’s response to a changing … Read more

The EU Is Coming for X’s Paid Blue Checks

The EU Is Coming for X’s Paid Blue Checks

Paid-for blue checks on social media network X deceive users and are abused by malicious actors, the European Union said today, threatening the Elon Musk-owned platform with millions of dollars in fines unless the company makes changes. Enabling any account to pay for a verification breaches the EU’s Digital Services Act (DSA), European Commission officials … Read more

EU governments waver over Chinese EV tariffs as trade spat escalates

EU governments waver over Chinese EV tariffs as trade spat escalates

EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while … Read more

Greece becomes first EU country to introduce a six-day working week

Greece becomes first EU country to introduce a six-day working week

A church in Anafiotika neighborhood, a part of the old historical neighborhood called Plaka, in Athens, Greece on March 16th, 2024. Nurphoto | Nurphoto | Getty Images Greece has controversially introduced a six-day working week for some businesses in a bid to boost productivity and employment in the southern European country. The regulation, which came … Read more

Ursula von der Leyen, Antonio Costa, Kaja Kallas

Ursula von der Leyen, Antonio Costa, Kaja Kallas

European Commission President and EPP lead candidate standing for re-election, Ursula von der Leyen greets delegates before giving a speech at the congress of Germany’s conservative Christian Democratic Union (CDU) party at the Estrel Berlin Hotel in Berlin, on May 8, 2024. John Macdougall | Afp | Getty Images The European Union’s three main political … Read more

My Memories Are Just Meta’s Training Data Now

My Memories Are Just Meta’s Training Data Now

In R. C. Sherriff’s novel The Hopkins Manuscript, readers are transported to a world 800 years after a cataclysmic event ended Western civilization. In pursuit of clues about a blank spot in their planet’s history, scientists belonging to a new world order discover diary entries in a swamp-infested wasteland formerly known as England. For the … Read more

Europe Scrambles for Relevance in the Age of AI

Europe Scrambles for Relevance in the Age of AI

That concentration of power is uncomfortable for European governments. It makes European companies downstream customers of the future, importing the latest services and technology in exchange for money and data sent westward across the Atlantic. And these concerns have taken on a new urgency—partly because some in Brussels perceive a growing gap in values and … Read more