Sunday, 16 August 2026

Tag: European Union

Shein Posts Quarterly Loss Ahead of Hong Kong IPO as Tariffs Weigh on Business

Shein has reported a $99 million quarterly loss as the global fast-fashion giant prepares for its highly anticipated Hong Kong stock market debut. The company blamed slowing sales, rising trade costs, and a significant one-time accounting charge for the disappointing results, highlighting the growing challenges facing its business. _x000D_ The financial figures were released in… Continue reading Shein Posts Quarterly Loss Ahead of Hong Kong IPO as Tariffs Weigh on Business

Trump Announces New Tariffs as European Union Unveils Fresh Sanctions on Russia

US President Donald Trump is imposing a new wave of tariffs on trading partners

US President Donald Trump has unveiled a fresh round of tariffs on several trading partners, including the European Union, while European leaders approved another package of sanctions aimed at increasing pressure on Russia. _x000D_ The twin developments highlight growing economic and geopolitical tensions as governments on both sides of the Atlantic continue to pursue different… Continue reading Trump Announces New Tariffs as European Union Unveils Fresh Sanctions on Russia

EU Court Upholds Spain Amnesty Law for Catalan Separatists

Pedro-Sanchez

The EU Court Spain Amnesty ruling handed Spain’s government a major legal victory after the European Union’s highest court upheld the country’s controversial amnesty law for Catalan separatists. _x000D_ On Thursday, the Court of Justice of the European Union (CJEU) ruled that Spain’s 2024 amnesty law complies with EU legislation. Judges concluded that the measure… Continue reading EU Court Upholds Spain Amnesty Law for Catalan Separatists