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US trade chief defends tariff hikes when paired with investment
US Trade Representative Katherine Tai defended stiff tariff hikes against countries like China, arguing that paired with investment, they were a "legitimate and constructive" tool for re-invigorating domestic industries.
EU court blocks French ban on vegetable 'steak' labelling
A European court on Friday overturned a French government ban on makers of plant-based meats calling their products "steak" or "sausage", which Paris had imposed to protect livestock farmers. "This is a very welcome victory," said La Vie, a French maker of plant-based meats.
US dockworkers return to ports after three-day strike
Thousands of dockworkers returned to work Friday, the day after a longshoremen's union reached a preliminary deal with shippers, ending a three-day strike weeks before the US presidential election.
Irish regulator to probe Ryanair use of facial recognition
Ireland's data watchdog said Friday it will probe whether budget airline Ryanair's use of facial recognition to check the identity of customers booking through third-party websites violates EU privacy laws.
US hiring soars past expectations in sign of resilient market
Hiring in the United States picked up significantly more than expected in September while the jobless rate crept lower, according to government data released Friday, offering relief to policymakers ahead of November's election.
UK's Starmer hails 'landmark' carbon capture funding
Prime Minister Keir Starmer on Friday said planned government investments of nearly £22 billion ($28.8 billion) in the capture and storage of carbon emissions marked a "landmark week" for Britain. "It is a landmark week in our national story, because this week we saw the end of coal, the power that built this country for many years," Starmer said, speaking in Chester, near Liverpool.
As EU targets Chinese cars, European rivals sputter
As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear. Weaker demand for their cars in China, whose economy is slowing, and growing competition from cheaper Chinese EVs elsewhere are among the main drags on European automakers, which employ 2.4 million people.
Top EU court finds against FIFA in key transfer market ruling
The EU's top court said on Friday some international football rules regulating player transfers are contrary to the bloc's laws, in a landmark decision that could shake up the system. "The Court holds that all of those rules are contrary to EU law," it said.
Portugal looks to put new twist on cork industry
Portugal, the world's leading cork producer, is finding new uses for the material, from footwear to furniture, as demand for wine bottle stoppers wanes.
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