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News

Ban on greenwashing: Council adopts agreement

The directive to empower consumers concerning the green transition can enter into force: the Council has formally adopted the agreement. Unsubstantiated advertising claims such as "environmentally friendly" will be banned and will no longer mislead consumers.

By Leonie Düngefeld

Wang Yi

Wang Yi seeks deeper cooperation with the EU

During his Europe visit, Chinese Foreign Minister Wang Yi advocated deepening solidarity and cooperation between the European Union and the People's Republic. China considers the EU to be an important force.

By Redaktion Table

HUAIAN, CHINA - DECEMBER 06: Aerial view of Evergrande Metropolis or Evergrande Mingdu housing complex on December 6, 2021 in Huaian, Jiangsu Province of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111360592090

Central bank cuts mortgage rates significantly

China cuts the five-year mortgage reference rate by 25 basis points. With this record move, the central bank hopes to boost the ailing property sector and thus the economy as a whole. However, it remains questionable whether this will work.

By Christiane Kuehl

byd

BYD wants to claim the premium segment for itself

In a stock exchange statement, the world's largest manufacturer of electric vehicles announced plans to enter the market for high-end luxury models. BYD also wants to buy back more shares to support the share price.

By Carolyn Braun

(230430) -- BEIJING, April 30, 2023 () -- This photo taken on Aug. 21, 2020 shows a logo of TikTok s Los Angeles Office

EU Commission starts DSA proceedings against TikTok

The TikTok platform, which is particularly popular with young people, is facing proceedings by the EU Commission under the Digital Services Act. Among other things, this concerns algorithms that can promote addictive behavior.

By Falk Steiner

Regulation on gas saving: EU ministers discuss extension

At the next Energy Council at the beginning of March, EU energy ministers may decide on the extension of an emergency regulation on gas conservation from 2022. Despite the relaxed situation, experts advise saving for another reason.

By Manuel Berkel