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News

September 9th, 2024

Commission report: competition proceedings to become faster

In a report on the Merger Control Act, the European Commission argues in favor of speeding up competition proceedings, including by giving them more power.

By Marc Winkelmann

VELDHOVEN, 06-05-2020, ASML Hq, Headquarters ASML. ASML Headquarters PUBLICATIONxINxGERxSUIxAUTxONLY x8044503x Copyright:

News

September 8th, 2024

ASML: Why the Netherlands tightens equipment export restrictions

The Netherlands is tightening export controls on the export of cutting-edge immersion lithography systems for chip production from market leader ASML to China. Beijing criticized this decision on Sunday. Meanwhile, China is buying chip machines elsewhere.

By Christiane Kuehl

News

September 8th, 2024

Stock swap: Guotai Junan and Haitong merge to form China's largest brokerage

China's brokerages are experiencing a difficult phase due to the slow stock market. Now, two of the largest securities firms have announced their merger, which could be the start of a new round of consolidation.

By Christiane Kuehl

News

September 6th, 2024

Air freight cartel: Advocate General rejects objections

The airlines fined heavily in the air freight cartel must expect their appeals against the ruling to be dismissed. The Advocate General largely agrees with the judges. The decision will follow in the coming months.

By Corinna Visser

News

September 6th, 2024

Energy networks: Renew wants to redistribute EU funds

The Liberals in the EU Parliament are seeking a redistribution of funds from the Connecting Europe Facility (CEF), the most important EU fund for cross-border energy projects. This should free up urgently needed financial resources.

By Manuel Berkel

News

September 6th, 2024

Artificial intelligence: Commission signs Council of Europe framework convention

The Council of Europe's AI Framework Convention is in line with the EU's AI Act. The AI Convention is open to other countries that share European values. The USA and Israel are also involved.

By Corinna Visser

News

September 6th, 2024

Google: Advocate General sees possible infringement of competition law with Android Auto

Google had refused to approve an app from Enel X on Android Auto. An Italian competition authority found an abuse of its dominant market position. Now the ECJ must decide.

By Corinna Visser

News

September 5th, 2024

Hungary: CRRC builds locomotive plant

The cooperation between Acemil and the Chinese state railroad CRRC could now also result in a plant in Hungary. This would allow CRRC to avoid EU regulation.

By Amelie Richter

April 25, 2021, Fuyang, Anhui, China: A newborn baby is seen being fed on a bottle in the ward of the hospital neonatal care center..The results of the seventh national census of China will be released soon, and some institutions predict that the birth rate will be lower than the death rate for the first time. Fuyang China - ZUMAs197 20210425_zaa_s197_003 Copyright: xSheldon Cooperx

News

September 5th, 2024

Birthrate decline: China halts foreign adoptions

China plans to no longer allow foreign adoptions of Chinese children.

News

September 5th, 2024

Data protection: Why AstraZeneca employees have been arrested

The Chinese authorities have arrested five current and former employees of the British-Swedish pharmaceutical company AstraZeneca.