The UK and the European Union have settled the text of a UK-EU food deal. It will remove most post-Brexit checks on food, plant and animal products. Officials circulated the 200-page agreement, known as an SPS deal, to EU governments this week. However, it is not expected to take effect until early 2028. This report… Continue reading UK-EU Food Deal Settled to Remove Most Brexit Checks
Shein has reported a $99 million quarterly loss as the global fast-fashion giant prepares for its highly anticipated Hong Kong stock market debut. The company blamed slowing sales, rising trade costs, and a significant one-time accounting charge for the disappointing results, highlighting the growing challenges facing its business. The financial figures were released in Shein’s… Continue reading Shein Posts Quarterly Loss Ahead of Hong Kong IPO as Tariffs Weigh on Business
US President Donald Trump has announced a fresh round of tariffs on several trading partners, including the European Union, while European leaders have approved another package of sanctions targeting Russia. The two developments highlight the growing economic and geopolitical challenges facing the transatlantic alliance as Washington focuses on trade policy and Brussels maintains pressure on… Continue reading Trump Announces New Tariffs as European Union Unveils Fresh Sanctions on Russia
The EU Court Spain Amnesty ruling has handed the Spanish government a major legal victory after the European Union’s highest court upheld the country’s controversial amnesty law covering people involved in the Catalan independence movement. The Court of Justice of the European Union (CJEU) ruled that Spain’s 2024 amnesty legislation is compatible with EU law.… Continue reading EU Court Upholds Spain Amnesty Law for Catalan Separatists
