China’s flagship “Summer Davos” forum in Tianjin has long been hailed as a symbol of the country’s commitment to global economic engagement. Yet this year’s Annual Meeting of the New Champions is unfolding against a backdrop of mounting uncertainty—raising questions about whether the event can live up to its lofty ambitions. From faltering domestic growth…
Australia’s landmark social media age-restriction law is set to take effect this December, barring children under 16 from creating accounts on major platforms. Yet a fierce debate has erupted over whether YouTube should be exempted from the rules—a dispute that pits the country’s eSafety Commissioner against the government and the Silicon Valley giant alike. As…
Global environmental organization Greenpeace made headlines Monday by staging a protest in St. Mark’s Square against Jeff Bezos’ upcoming wedding to journalist Laura Sanchez. Unfurling a 20-by-10-meter banner depicting the Amazon founder laughing beside the slogan “If you can rent Venice for your wedding, you can pay more tax,” activists from Greenpeace Italy and the…
European carmakers Stellantis and Renault have launched a joint campaign urging Brussels to carve out a new, less‑stringent vehicle category to shield domestic manufacturers from an influx of low‑cost Chinese small electric vehicles. Facing mounting pressure from competitively priced mini‑EVs that skirt the high engineering and regulatory costs imposed by the European Union, the two…
Eli Lilly has reported a warm reception for its obesity and diabetes therapy Mounjaro in India, underscoring both the urgent need for effective weight‑management solutions and the vast commercial potential of one of the world’s fastest‑growing markets for obesity drugs. Having outpaced competitors to bring the once‑weekly injectable to Indian patients earlier this year, Lilly…
India’s Competition Commission has unearthed evidence showing that the world’s leading advertising agencies secretly coordinated to fix commission rates and pitch pricing, effectively placing a floor under media-buying costs for major clients. Top executives from global groups—including WPP’s MediaCom, Omnicom Media, IPG Mediabrands, Publicis, Havas, Dentsu and Madison—used industry associations and encrypted messaging to align…
An adviser to Europe’s highest court has urged judges to reject Google’s appeal against the European Commission’s landmark fine, signaling a strong likelihood that the tech giant will fail in its bid to overturn a €4.125 billion penalty for abusing its dominance in mobile operating systems. Advocate General Juliane Kokott of the Court of Justice of…
Samsung Electronics is gearing up to unveil a markedly thinner iteration of its flagship foldable smartphone, part of a broader strategy to reclaim leadership in a segment where aggressive Chinese competitors have recently outpaced the South Korean giant on device slimness and weight. With the foldable category still representing a niche but high‑margin corner of…
Airfares between Europe and the United States have tumbled to levels not seen since before the pandemic, fueled by a confluence of geopolitical jitters, currency fluctuations, and evolving traveler preferences on both sides of the Atlantic. As Western European visitors scale back U.S. trips and American bargain hunters capitalize on low fares, airlines and industry…
Major American defence contractors are racing to secure a foothold in Europe’s rapidly expanding military market, driven by a wave of budget increases across the continent. With NATO allies pledging unprecedented spending boosts in response to regional security threats, from Russia’s aggression in Ukraine to evolving hybrid warfare tactics, US manufacturers see a unique opportunity…
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