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The European Union took the next step on Thursday toward imposing new tariffs on Chinese-made electric cars, telling automakers to get guarantees from banks that they can pay the taxes when they are finalized in October.The move was expected: The EU announced on June 12 that it would impose additional tariffs of between 17 and 38 percent on electric vehicles imported from China after an EU investigation uncovered what authorities in Brussels described as unfair subsidies by the Chinese government to electric vehicle makers.China’s government denies subsidizing the electric vehicle industry, saying low prices for Chinese-made electric cars instead reflect…
Most of us would like to get more sleep, and these amazing gadgets for your bedroom can help. From anti-snoring earbuds to red light therapy devices, these products are designed to give you better rest. Everyone loves having cool gadgets in their bedroom. There’s nothing better than waking up in the morning and just looking at them. The problem is, it can be hard to know what you really need. Sure, you could spend a ton of money on the latest and greatest, but will it really help you relax and get to sleep? Related: Which Smart Air Purifier Should…
International. The Moodie Davitt Report has partnered with retail technology specialist and analytics firm tRetail Labs to release the third of seven comprehensive airport food and beverage market intelligence reports.This series of reports indicates that the market size estimate for the airport F&B industry global revenue is between US$39 billion and US$45 billion. The latest report, “The Europe Report”, values sales in the regional market at US$11.2 billion, with the restaurant sector being the distinct leader in revenue due to high average spend across Europe.The Europe report provides an in-depth look at the various food and beverage categories and formats…
Baumholder and the Kaiserslautern Outdoor Recreation Office are planning a trip to Disneyland Paris on July 27. Pictured is the entrance to the park. (iStock) Tours Base tours provide an easy way to see Europe with other members of the military community. Below are examples of trips scheduled as of July 5, 2024. To update this information and add tours, please email Marcus Klöckner at kloeckner.marcus@stripes.com. Belgium SHAPE TRIPS AND TOURS: Call us at 06544-3884, email us at shapetripsandtours1@gmail.com or visit us at www.shape2day.com Germany Ansbach Outdoor Recreation: July 27, Prague, Czech Republic, $99 adults, $55 children 3-11, $25 children…
Prime Day is fast approaching, and the good news is that you don’t have to wait until mid-July to take advantage of some big discounts. Amazon has announced that the dates for Prime Day will be July 16-17. We’ll keep you updated on what to look for and how to prepare to save during one of the biggest shopping holidays of the year. However, as Prime Day approaches, we’ve noticed that there are already some great sales available. Prime Day is an exclusive event for Amazon Prime members, so now might be the time to look for sales even if…
Europe is open to competition, but not to a race to the bottom, the EU said. (Photo: Shutterstock)2 min read Last Updated: July 4, 2024 | 05:53 PM ISTThe European Union will launch an investigation into subsidies offered by China to electric car makers, the EU’s executive chief said on Wednesday, amid growing concerns that they are harming European companies. Global markets are now flooded with cheap Chinese-made electric cars, prices kept artificially low by huge government subsidies, which is distorting our markets, European Commission President Ursula von der Leyen told EU lawmakers in Strasbourg, France. “Just as we cannot…
Casper Adjustable Base Max, $2,495: This adjustable bed base can raise your foot or head with a simple remote, has a four-zone massage function, and can put each side in a different position if you have a split mattress. The main issue with the Casper Adjustable Base Max (7/10, WIRED Recommended) is its high price, but you can also get a cheaper basic version.Sleepme Dock Pro, $1,149: Sleepme’s Dock Pro combines a Chilisleep pad for your bed with a big, square water-pump unit that controls temperature and pumps water through pipes in the mattress topper. It works well, but it’s…
FRANKFURT – The European Union is imposing significantly higher tariffs on electric cars imported from China, the latest flashpoint in a broader trade dispute over Chinese government subsidies and Beijing’s rapid export of green technology to the 27-nation bloc. The tariff hikes will take effect on Friday, with a final decision expected within four months. Here are some basic facts about the EU’s planned tariffs: What has the European Union done?After an eight-month investigation, the European Commission, the EU’s executive arm, found that Chinese electric car manufacturers were receiving huge government subsidies that allowed them to undercut EU rivals, grab…
Nearly two years after Japan’s Digital Minister publicly declared a “war on floppy disks,” Japan reportedly stopped using floppy disks in its government systems as of June 28. Reuters reported on Wednesday that the Japanese government has “abolished the use of floppy disks in all systems.” By mid-June, the report said, Japan’s Digital Agency (an agency established during the COVID-19 pandemic to update the government’s technology) had “abolished all 1,034 regulations restricting the use of floppy disks, except for one environmental regulation on automobile recycling.” This suggests there is still one use the government can make of floppy disks, but…
BRUSSELS, July 4 (Xinhua) — The European Commission on Thursday said it would impose temporary countervailing duties on imports of electric vehicles (BEVs) from China starting Friday, sparking backlash from various industries. The tariffs, which will range from 17.4% to 37.6%, will apply to imports of BEVs produced in China. The three Chinese companies – BYD, Geely and SAIC – will face additional tariffs of 17.4%, 19.9% and 37.6% respectively on top of the standard 10% tariff on European Union (EU) car imports. The statement added that Tesla’s BEV operators in China have submitted substantiated requests and may receive individually…