Paul: Indian Wealthy Class is Growing Travel Market
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
China retaliates against EU with a ban on European medical devices
BANGKOK (AP) — China said Sunday that European medical device companies will be barred from selling to the Chinese government as a countermeasure for the European Union's restrictions on the sale of similar products from China. European companies will be excluded if the budget for procurement is above 45 million yuan ($6.28 million), according to a notice from the Finance Ministry on Sunday with the restrictions in place the same day. The move will not apply to European companies that have invested in China and that manufacture goods in the country. China on Friday imposed anti-dumping duties on European brandy, most notably cognac produced in France. While the duties on brandy include several exceptions for major brandy producers, China and the EU have multiple trade disputes across a range of industries. China protested after many European countries levied duties on EVs made in China. Since then, China has also launched investigations into European pork and dairy products. In June, the EU announced that Chinese companies were to be excluded from any government purchases of more than 5 million euros ($5.89 million). The measure seeks to incentivise China to cease its discrimination against EU firms, the EU said, accusing China of erecting "significant and recurring legal and administrative barriers to its procurement market.' In response, China has said it had 'no choice but to implement countermeasures.' 'China has repeatedly expressed through bilateral dialogues that it is willing to properly handle differences with the EU through dialogue and consultation and bilateral government procurement arrangements,' said a statement from a spokesman with the Ministry of Commerce. 'Unfortunately, the EU has ignored China's goodwill and sincerity and still insisted on taking restrictive measures and building new protectionist barriers.'
Yahoo
an hour ago
- Yahoo
Nissan considers Foxconn EV output to save Oppama from closure, Nikkei says
TOKYO (Reuters) -Nissan Motor is in discussions with Taiwan's Foxconn about a collaboration in electric vehicles that could save its Oppama plant in Japan from closure, the Nikkei business daily reported on Sunday, citing an unidentified Nissan source. Nissan's Oppama plant, which employs about 3,900 workers, has been a potential consolidation target in the struggling Japanese carmaker's restructuring plans, but the floated idea of producing Foxconn-brand EVs at its idle assembly lines could preserve the jobs and supplier networks, Nikkei said. Sign in to access your portfolio
Washington Post
2 hours ago
- Washington Post
Japan's emperor begins a weeklong visit to Mongolia that will honor POWs
TOKYO — Japan's Emperor Naruhito began a weeklong visit to Mongolia on Sunday during which he plans to honor thousands of Japanese prisoners of World War II who were held under harsh conditions in the country. Naruhito's visit marks the 80th anniversary of the end of WWII. In recent years, he has toured some of the places where the bloodiest battles and bombings occurred, including Iwo Jima , Okinawa and Hiroshima. The emperor has said it's part of his effort at atonement and remembrance of the tragedy of war fought in the name of his grandfather, Emperor Hirohito.
