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Supreme Court blocks Trump from immediately firing Fed Gov. Cook
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the president mounts multiple challenges that have tested the independence of the central bank.
Shein picks France for its first permanent stores
Asian fast-fashion giant Shein said Wednesday it had picked France to open its first permanent physical stores in November. "This alliance is more than just a launch -- it's a commitment to revitalise city centres across France, restore department stores and create opportunities for French fashion," Shein said.
Meta defends ads model in 550-mn-euro data protection trial
Facebook owner Meta on Wednesday defended its advertising model in a 550-million-euro trial in Spain over alleged breaches of EU data protection rules brought by more than 80 Spanish media organisations. The association launched a lawsuit alleging unfair competition in digital advertising sales and is seeking 551 million euros ($647 million) in compensation.
UK's Labour govt plans permanent fracking ban
Britain's Labour government plans to permanently ban fracking, a highly controversial method of extracting fossil fuels, due its environmental impact, Energy Secretary Ed Miliband said Wednesday. "Let's ban fracking," Miliband told the Labour party conference in Liverpool.
YouTube, platforms not cooperating enough on EU content disputes: report
An independent appeals body tasked with resolving disputes between social media platforms and EU users on Wednesday criticised a lack of cooperation from digital platforms, especially YouTube. A YouTube spokesperson countered that "ACE has not put in place the privacy safeguards necessary for us to share the user data they need to resolve disputes about content moderation decisions".
EU eyes higher steel tariffs, taking page from US
The EU will propose cutting steel import quotas and significantly increasing tariffs on the metal from abroad, the bloc's industry chief Stephane Sejourne told the sector on Wednesday, mirroring US moves.
Thousands protest in Greece over 13-hour workday plans
Thousands of Greek workers prompted large-scale disruption during a 24-hour general strike on Wednesday, protesting against the conservative government's plans to introduce a 13-hour work day. - Fragile economy - The bill, which has not yet been submitted to parliament, allows staff to work 13 hours a day for the same employer under exceptional circumstances, for extra pay.
Spanish court opens 550-mn-euro Meta data protection trial
A Spanish court opened a trial on Wednesday over a 550-million-euro lawsuit brought by more than 80 Spanish media organisations against Facebook owner Meta for allegedly breaching European Union data protection rules. Spanish radio and television stations have launched a separate lawsuit against Meta for the same reasons, seeking 160 million euros in damages.
Taiwan says 'will not agree' to making 50% of its chips in US
Taiwan "will not agree" to making 50 percent of its semiconductors in the United States, the island's lead tariff negotiator said Wednesday, as Washington pressures Taipei to produce more chips on US soil. More than 70 percent of the island's exports to the United States are information and communications technology, which includes chips, the cabinet said in a statement Wednesday.
AFP
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