Basing itself on the conclusions drawn an EU court, the Swiss competition authority has made it clear that such agreements are not indicative of an abuse of market dominance nor were they considered as unacceptable. On Tuesday, WEKO, the… Read More ›
Regulations & Legal
U.S. trade sanctions on Turkey could destabilise the Middle East: Turkish Finance Minister Berat Albayrak
Although the Turkish lira has continued to weaken, it has stepped back from yesterday’s 6.1200 against the dollar as of 0435 GMT. On Tuesday, the Turkish lira weakened further as investors weighed up Turkey’s efforts to handle its rift with… Read More ›
Shadow of Brexit hangs over UK-Japan economic relations
The relationship between Japan and the United Kingdom has historically been a good one barring World War II. However, that relationship has been stressed in recent years. The UK shifted its focus for trade from China to Japan soon after… Read More ›
German business moral all time high in August
The July 2018, meeting between European Commission President Jean-Claude Juncker with U.S. President Donald Trump has done a lot of good, with both sides deciding to negotiate a further cutback to their respective trade tariffs. In August, for the very… Read More ›
Political Motivation Behind Huawei Not Being Allowed In Australia To Toll Out 5G: Huawei
The Australian government was criticized by Chinese smartphone maker Huawei alleging that it was being prevented from selling 5G products in Australia. National security was cited as the reasons for banning Shenzhen-based Huawei and its Chinese rival ZTE from tolling… Read More ›
Discriminating Against Male Job-Seeker Results In Fine For A Belgian Shop
A shop in Belgium was directed to pay more than €13,000 in damages to a man. The man had been turned down for a job by the shop because the shop had wanted to hire a woman for the post…. Read More ›
Copenhagen Cooperative Bank suspected to be in violation of Denmark’s money laundering act: Denmark’s Financial Supervisory Authority
The FSA stated it has directed the country’s prosecutors to investigate whether the small bank complied with the country’s money laundering act. On Thursday, Denmark’s financial watchdog stated it has directed the state prosecutor to investigate Copenhagen Cooperative Bank for… Read More ›
Third-Gender Option Officially Approved By Germany
Germany is set to recognize the third sex and has coined the term “diverse” which has been approved for official identification of people of the third-gender and the term essentially means “other” or “various” and can be reversed at any… Read More ›
Trump Pledges 25% Tax On EU Cars While His Administration Tries To Negotiate
The question of whether the Trump administration would impose high tariffs on the import of European cars into the United States is not clear yet. And two seemingly contradictory episodes that took place on Tuesday apparently increased the ambiguity of… Read More ›
Linde Praxair deal hits antitrust hurdle, talks on
Earlier this month, the U.S. Federal Trade Commission (FTC) had demanded that Line sell off more assets than it had previously anticipated; the FTC also wanted prospective buyers to meet certain requirements. In a warning to investors, Linde has disclosed… Read More ›