Latest news with #DeutschePresse-Agentur
Fashion United
6 days ago
- Business
- Fashion United
EU prepares retaliatory tariffs on US goods amid trade dispute
The European Union has agreed on a multi-billion pound list of potential retaliatory tariffs of up to 30 percent in the trade dispute with the US. If negotiations fail, countermeasures could quickly be imposed on US exports to the EU worth more than 90 billion euros. The Deutsche Presse-Agentur learned this from EU sources. The retaliatory tariffs are to come into force on August 7, should there be no negotiated solution by then. The countermeasures reportedly comprise an already agreed list of levies on US imports worth 21 billion euros. Other imports worth around 72 billion euros are also affected. A commission spokesperson stressed on Wednesday that the EU's main focus remained on reaching an agreement with Washington. The EU and the US are currently trying to prevent further escalation in the tariff conflict between the two trading powers. About two weeks ago, US President Donald Trump announced that he would introduce new high tariffs from August 1 and warned the EU against countermeasures. Trump had held out the prospect of lowering threatened tariffs on the import of European products on Wednesday night – if the European Union opened its market more to the US. Speaking at an AI event, the Republican said of the ongoing negotiations: "If they agree to open the union to American companies, then we will levy a lower tariff." He said they were in serious negotiations. This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@
RTÉ News
26-05-2025
- Business
- RTÉ News
Ex-Volkswagen managers convicted of fraud in emissions scandal
A German court has convicted four former Volkswagen managers of fraud and handed down prison sentences to two of them for their part in the manipulation of emissions controls. The verdicts come almost a decade after a scandal erupted over the company's rigging of diesel-engine vehicles. The former head of diesel development was sentenced to four and a half years in prison, and the head of drive train electronics to two years and seven months by the court in Braunschweig, according to German news agency, Deutsche Presse-Agentur. Two others received suspended sentences of 15 months and 10 months. The scandal began in September 2015 when the US Environmental Protection Agency issued a notice of violation, saying that Volkswagen had rigged engine control software that let the cars pass tests while they emitted far more pollution in actual driving. The company has paid more than €29 billion in fines and compensation to vehicle owners. Two VW managers received prison sentences in the United States. Former head of the company's Audi division, Rupert Stadler, was given a suspended sentence of 21 months and a fine of €1.1 million. The sentence is subject to appeal. Missing from the trial, which lasted almost four years, was former chief executive Martin Winterkorn. Proceedings against him have been suspended because of health issues, and it is not clear when he might go on trial. Mr Winterkorn has denied wrongdoing.
Hindustan Times
17-05-2025
- General
- Hindustan Times
A Lufthansa flight from Frankfurt to Spain flies without a pilot for 10 minutes: Report
A flight of German carrier Lufthansa from Frankfurt to Spain went without a pilot for 10 minutes due to a fainting incident in the cockpit last year, a report suggested. According to a report by Deutsche Presse-Agentur, the co-pilot of the flight fainted while he was alone in the cockpit. During the flight from Frankfurt to Seville, Spain, on February 17, 2024, the co-pilot of an Airbus A321 fainted while the captain was in the restroom, dpa reported, referring to a report by the Spanish accident investigation authority CIAIAC. The aircraft, which was carrying 199 passengers and six crew members, flew for around 10 minutes without a pilot in command of the plane, according to the report. Lufthansa told dpa that it was aware of the investigation report and that its own flight safety department had also conducted an investigation. The company is yet to disclose the results of its internal investigation. Although the unconscious co-pilot apparently operated controls unintentionally, the aircraft was able to continue flying in a stable manner thanks to the active autopilot. During the period that the pilot was unconscious, the voice recorder recorded strange noises in the cockpit that were consistent with an acute health emergency, dpa reported. The captain initially tried entering the regular door opening code, which triggers a buzzer in the cockpit so that the co-pilot can open the door. He did so five times without being able to enter the cockpit. A stewardess tried to contact the co-pilot using the onboard telephone. Finally, the captain typed in an emergency code that would have allowed him to open the door on his own. However, shortly before the door would have opened automatically, the co-pilot opened it from the inside despite being ill. The flight made an unplanned landing in Madrid after the captain regained control of the plane. The ill co-pilot was taken to a hospital in the Spanish capital.
Malaysiakini
09-05-2025
- Business
- Malaysiakini
Ahead of trade talks, Trump moots lowering Chinese tariffs to 80pct
Just before trade talks in Switzerland between the United States and China, US President Donald Trump floated the idea of cutting his current 145 percent tariffs on Chinese imports to 80 percent. 'Eighty percent tariff on China seems right!' Trump wrote on his Truth Social platform, according to Deutsche Presse-Agentur (dpa).
Indian Express
22-04-2025
- Indian Express
Still stirring at 100: Meet Italy's oldest barista Anna Possi
In a world where most people dream of retiring early, Italy's oldest barista is still brewing coffee — and love — at 100. Meet Anna Possi, fondly known as Nonna Anna, who has been running her beloved Bar Centrale in the quaint village of Nebbiuno since 1958. Officially retired at 60, she never truly hung up her apron. 'But why should I stop? My bar is so much more than work for me. It's my life,' she told Deutsche Presse-Agentur, as reported by South China Morning Post. From opening the café at 7 am sharp every day — including Sundays and public holidays — to chopping her own firewood for the stove, Nonna Anna does it all. Her last holiday? A trip to Paris in the 1950s. 'People want to drink their coffee at Christmas too,' she shrugs. Despite receiving a modest pension of 590 euros, she says, 'I don't need much. The important thing is that I'm around people. Then I feel good.' A sign outside her café now reads proudly: La barista più longeva d'Italia — the oldest barista in Italy. And yes, she's still serving espresso with a side of joy. On a crisp morning in Nebbiuno, Italy, the scent of espresso wafted through Bar Centrale as its centenarian owner, Anna Possi, celebrated her 100th (X) Over the decades, Nonna Anna has witnessed how the rhythm of café life has changed. 'People used to sit here, talk and play cards. Today, they all just look at their mobile phones,' she observes, reminiscing about livelier, more social times. When things quiet down, she picks up her knitting needles — never one to stay idle. Even after six decades behind the counter, Anna still prefers doing most of the work herself, from morning till night. And her secret? Staying active, staying useful, and staying close to the community she loves.
