AFP
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As EU targets Chinese cars, European rivals sputter
As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear. Weaker demand for their cars in China, whose economy is slowing, and growing competition from cheaper Chinese EVs elsewhere are among the main drags on European automakers, which employ 2.4 million people.
Top EU court finds against FIFA in key transfer market ruling
The EU's top court said on Friday some international football rules regulating player transfers are contrary to the bloc's laws, in a landmark decision that could shake up the system. "The Court holds that all of those rules are contrary to EU law," it said.
Portugal looks to put new twist on cork industry
Portugal, the world's leading cork producer, is finding new uses for the material, from footwear to furniture, as demand for wine bottle stoppers wanes.
Crude stable after Israel-Iran surge, Hong Kong stocks resume gains
Oil prices stabilised Friday after soaring on fears about the Middle East crisis as investors await Israel's response to Iran's missile attack, while shares in Hong Kong resumed their rally on a mixed day for equity markets.
EU states set to greenlight extra tariffs on EVs from China
EU countries are expected to confirm Friday hefty tariffs on electric cars made in China, a move dividing the bloc as some states led by Germany fear sparking a trade war with Beijing. The bloc faces a difficult task as it tries to foster its clean tech industry and invest in the green transition without sparking a painful trade war with China.
AI bubble or 'revolution'? OpenAI's big payday fuels debate
Fear of missing out has rocketed the value of artificial intelligence companies, despite few signs as to when the technology will turn a profit, raising talk of AI overenthusiasm.
One job by day, another by night as US voters make ends meet
At 21 years old, Zackree Kline works at a funeral parlor and as a waiter, clocking 60 hours a week to get by -- a situation motivating him to vote for Republican Donald Trump in November. Trump won York County with about 60 percent of the vote in both 2016 and 2020.
US dockworkers to head back to work after tentative deal
US dockworkers will return to work after a three-day strike at East and Gulf Coast ports after the union and port operators reached a tentative deal on pay and extended the current contract to January 15, both sides said Thursday.
Dockers end three-day strike at Montreal port
Dockworkers at the port in Montreal, the second-largest in Canada, ended a partial three-day strike as scheduled on Thursday, officials confirmed, with both sides summoned to mediation. "The three-day strike is over," Isabelle Pelletier, spokeswoman for the Maritime Employers Association, told AFP. A federal mediator has summoned both sides to a meeting on Friday.
AFP
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