Giorgia Meloni’s Hard-Right Ally Raffaele Fitto Gets Top European Union Role

Giorgia Meloni’s Hard-Right Ally Raffaele Fitto Gets Top European Union Role

Giorgia Meloni’s far-right ally Raffaele Fitto will hold the top post in the next European Commission Strasbourg, France: Raffaele Fitto, a member of Italy’s hard-right ruling party, was named to a top post in the next European Commission today, in a controversial move that has riled centrist and leftist groups. EU chief Ursula von der … Read more

Apple loses EU court battle over 13 billion euro tax bill in Ireland

Apple loses EU court battle over 13 billion euro tax bill in Ireland

Omar Marques | Sopa Images | Lightrocket | Getty Images Europe’s top court on Tuesday ruled against Apple in the tech giant’s 10-year court battle over its tax affairs in Ireland. The pronouncement from the European Court of Justice comes hours after Apple unveiled a swathe of new product offerings, looking to revitalize its iPhone, … Read more

Fed minutes signals September rate cut

Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | 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 … Read more

CNBC Daily Open: ‘Crazy’ summer

CNBC Daily Open: ‘Crazy’ summer

Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | 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. … Read more

EU hikes Chinese EV tariffs: Tesla expects to hike price of China-made cars in EU due to tariffs

EU hikes Chinese EV tariffs: Tesla expects to hike price of China-made cars in EU due to tariffs

Tesla expects to increase the price of its Model 3 because of import duties to be levied by the E.U. on cars made in China, the carmaker said on its website on Thursday, without specifying the size of the price hike. The message, displayed on Tesla’s website for countries including Germany, France, Ireland, Belgium, and … Read more

Assault on Danish PM Mette Frederiksen: Suspect to face judge for questioning

Assault on Danish PM Mette Frederiksen: Suspect to face judge for questioning

Mette FrederiksenCopenhagen: Danish police said on Saturday a 39-year-old man would appear in front of a judge for preliminary questioning in relation to an assault on the country’s Prime Minister Mette Frederiksen in central Copenhagen late on Friday. Frederiksen, leader of Denmark’s Social Democratic Party and prime minister since 2019, was shocked after being beaten … Read more

France’s far right may win big in EU elections. That’s worrying for migrants, Macron and Ukraine

France’s far right may win big in EU elections. That’s worrying for migrants, Macron and Ukraine

French far-right leader Marine Le Pen isn’t on the ballot at the weekend’s European Parliament election but she’s likely to emerge as one of its biggest winners. Polls expect her National Rally party to be the top vote-getter in France, trouncing President Emmanuel Macron’s moderate pro-business party. And across Europe, the anti-immigration, nationalist ideas Le … Read more

Travelling To Europe? Schengen Visa Fees To Cost More From June

Travelling To Europe? Schengen Visa Fees To Cost More From June

The adjustment in visa fees arrives amidst broader global immigration updates. Starting June 11, obtaining a Schengen visa for travel to Europe will come at a higher cost, as the European Commission has approved a fee increase. The fee for adults will rise from 80 euros to 90 euros, while for children, it will increase … Read more

European Union will soon get a new leadership team. Here are the names

European Union will soon get a new leadership team. Here are the names

European Commission President Ursula von der Leyen has pushed for a policy of derisking from China. Frederick Florin | Afp | Getty Images BRUSSELS, Belgium — European diplomats have already started key negotiations on who will take the main jobs at the European Union following elections next month. Voters across the 27-member EU are heading … Read more

TikTok halting reward feature after pressure from EU regulators

TikTok halting reward feature after pressure from EU regulators

TikTok will halt a feature that rewards its app users in France and Spain for watching videos in the wake of scrutiny from European Commission regulators. “TikTok always seeks to engage constructively with the EU Commission and other regulators. We are therefore voluntarily suspending the rewards functions in TikTok Lite while we address the concerns … Read more