European Union competition regulators are reviewing whether JD.com’s proposed $2.5 billion acquisition of Ceconomy may have involved foreign state backing. According to a European Commission document cited by ReutersThe EU watchdog has set May 28 as the deadline for its preliminary examination of the deal. That initial review will determine whether the transaction should undergo…
TOMI Environmental Solutions (TOMZ) and Total Clean Air announced a strategic partnership agreement establishing TCA as TOMI’s preferred European partner for its industry-leading SteraMist iHP decontamination technology. Under this new agreement, TCA becomes the main partner for sales, service and technical support throughout the United Kingdom and the European Union. This collaboration creates an optimized…
U.S. automaker Ford and China’s Geely are “in talks” about a possible collaboration that would combine manufacturing in Europe with shared vehicle technologies, Reuters reported, citing sources. People familiar with the discussions said the two groups are weighing whether Ford’s European plants could assemble vehicles for Geely to sell locally, while also examining collaboration on…
MILAN (Reuters) – Carmakers have formed alliances to help them avoid hefty European Union fines for carbon emissions by buying credits from electric vehicle companies. Several traditional automakers face possible fines as the transition to electric vehicles in Europe has proven slower than expected in recent years. Here details about the regulation and alliances for…
By Raquel More BERLIN (Reuters) – European carmakers could face major manufacturing disruptions without a quick resolution to a trade and intellectual property dispute over chipmaker Nexperia between China and the Dutch government, an industry association warned on Thursday. The dispute could cause further strain on Europe’s auto sector, whose manufacturers and suppliers are already…
One of the world’s largest importers of kangaroo meat intends to formally ban its trade and sale, according to Irish agricultural news outlet Agriland. Belgium is the second largest importer of kangaroo meat, followed by the European Union as a whole. However, the sale and trade of kangaroo meat has become a tense issue in…
