Chinese shopping app Temu faces stricter EU safety rules
BRUSSELS: Chinese shopping app Temu will have to comply with stringent new safety rules after Brussels on Friday added the company to its list of digital firms big enough to face curbs.
BRUSSELS: Chinese shopping app Temu will have to comply with stringent new safety rules after Brussels on Friday added the company to its list of digital firms big enough to face curbs.
KUWAIT: National Bank of Kuwait (NBK) has successfully priced its first $500 million green bonds under its Global Medium Term Note program. The Green notes have a 6-year maturity and first call date after 5-years.
MADRID: Spain has fined four budget airlines including Ryanair and Easyjet over 150 million euros for charging passengers for hand luggage and other practices deemed abusive, consumer groups said Friday.
PARIS: Ratings agency Standard & Poor’s downgraded France’s credit score on Friday citing a deterioration in the country’s budgetary position, a blow to Emmanuel Macron’s government days before EU parliamentary elections.
BEIJING: China’s deeply indebted property giant Evergrande has been fined $576 million for fraudulent business practices, Beijing’s top financial regulator said.
TANDO ALLAHYAR: Pakistan’s mangoes are normally a source of national pride and much-needed income, but farmers are blaming climate change for the parasites and extreme weather ruining much of this season’s crop.
HONG KONG, China: Asian markets fell Thursday, with traders tracking losses on Wall Street fuelled by concerns over rising Treasury yields and fading hopes for US interest rate cuts.
NASHIK, India: Almost every Indian meal requires an onion - one of the cooking essentials along with sugar and lentils that sweet-talking politicians use to curry favor with their voters by lowering costs.
LONDON: Britain’s business community called Thursday for whatever government emerges from the looming UK general election to improve relations with the European Union and lighten post-Brexit trade burdens.
© 2025 Al-Sharq.
Designed and Developed By IDS