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EU Member States reduce corporate due diligence rules to a shadow of their former self by WWF - World Wide Fund For Nature — last modified 16 March 2024, 00:36 CET

Today, the EU countries agreed to massively dilute the Corporate Sustainability Due Diligence Directive (CSDDD), removing roughly two-thirds of the companies from the law's scope and weakening the law’s ability to combat climate change.

QNET Scam or Victim of a Smear Campaign? Unmasking the Truth by EUbusiness — last modified 14 March 2024, 12:36 CET

QNET, which operates on an e-commerce-powered direct selling model, has long been plagued by accusations of being a scam. But the facts are clear: Despite the online skepticism surrounding the 25-year-old company, it is a legitimate business opportunity.

DBS Receives a Greater Accolade of the World's Best Bank Again! by EUbusiness — last modified 13 March 2024, 22:51 CET

Operating in over 19 markets worldwide, DBS Bank, the largest in Southeast Asia, has been renowned as the "World's Best Digital Bank" several times, creating value through digital transformation. The well-known Singapore digital bank has been searching for innovative digital solutions to streamline clients' financial transactions since 2008.

ENGIE navigates energy transition with resilience, drives growth in renewables and GEMS by EUbusiness — last modified 13 March 2024, 22:33 CET

ENGIE, a leading energy company, reported its financial results for the year 2023, highlighting a resilient performance amidst a challenging environment. Despite facing headwinds from the global energy crisis and economic uncertainties, ENGIE demonstrated its ability to adapt and capitalize on emerging opportunities.

A step closer to sustainable homes in Europe: European Parliament supports the EPBD by WWF - World Wide Fund For Nature — last modified 13 March 2024, 19:01 CET

The European Parliament paved the way for significant reductions of carbon emissions in the EU’s building sector, however the deal falls short of the ambition needed to reach climate neutrality by 2050.

Social investments should support reforms and growth by smeunited — last modified 11 March 2024, 21:19 CET

“A number of reforms are crucial to recreate a positive economic spiral for SMEs, to improve the welfare of European citizens and deliver on social objectives.

Aldi wants to open 800 new stores in the USA by EUbusiness — last modified 11 March 2024, 16:03 CET

The discounter Aldi is planning around 800 new branches in the USA by the end of 2028. In the next few years, around $9 billion (8.22 billion euros) will flow into expansion, as the company announced on Friday in Batavia, Illinois. Almost 330 of the new branches will be built in the Northeast and Midwest.

Volkswagen cancels ID.3 production in Wolfsburg by EUbusiness — last modified 11 March 2024, 16:04 CET

Europe's largest car manufacturer Volkswagen is cancelling the previously planned overflow production of the electric model ID.3 in Wolfsburg.

AI bots for fintech and trading by EUbusiness — last modified 07 March 2024, 21:20 CET

AI trading bots are changing the way trading and investing happen in financial markets. These automated systems use AI algorithms to quickly analyze large amounts of market data and make decisions in real time.

Booming recycling water filtration market driven by sustainability and advanced technologies by EUbusiness — last modified 07 March 2024, 21:09 CET

Surging demand for sustainable water management practices, stringent environmental regulations for wastewater treatment, and ongoing technological advancements are fueling the adoption of recycling water filtration solutions across diverse industries.

Global AI in cybersecurity market to skyrocket to USD 60.6bn by 2028 by EUbusiness — last modified 05 March 2024, 18:14 CET

The global market for AI in cybersecurity is poised to witness remarkable growth, surging from USD 22.4 billion in 2023 to a staggering USD 60.6 billion by 2028, according to a new report.

EU Commission protects consumers in Apple music streaming case by European Consumers’ Organisation — last modified 04 March 2024, 18:27 CET

The European Commission's decision today that Apple broke EU antitrust rules by restricting consumers’ choice of music streaming services in the EU's Single Market is a strong signal in favour of consumers.

EU consumers want strict enforcement of new online rights under Digital Markets Act by European Consumers’ Organisation — last modified 04 March 2024, 18:24 CET

The EU's Digital Markets Act (DMA) offers consumers important new opportunities for more choice and protection online - but this will only happen if these rights are effectively implemented by gatekeepers. That's why, ahead of the 7 March deadline for Big Tech companies to comply with their new obligations, BEUC calls on the DMA enforcer, the European Commission, to take prompt and effective enforcement action if gatekeepers fail to do so.

Unlocking Climate Success: New WWF report sets the course for credible climate target setting for companies by WWF - World Wide Fund For Nature — last modified 29 February 2024, 18:53 CET

A new WWF report published today provides companies with essential knowledge and recommendations for setting ambitious and credible climate targets, which they are required to publish under EU law.

Consumer groups launch complaints against Meta's massive, illegal data processing behind its pay-or-consent smokescreen by European Consumers’ Organisation — last modified 29 February 2024, 18:46 CET

Eight consumer groups from the BEUC network are today filing complaints with their national data protection authorities against Meta, on the basis the tech giant does not adhere to the principles of fair processing, data minimisation and purpose limitation of the GDPR.

Microsoft to invest EUR 3.2bn in Germany Data Centers and Artificial Intelligence by EUbusiness — last modified 29 February 2024, 00:17 CET

This week Microsoft President Brad Smith announced the largest investment in Germany in the company’s history. The US tech giant plans to invest over 3.2 billion euros - that's 3.5 billion US dollars - into its German artificial intelligence (AI) business by the end of 2025.

Volkswagen Group UK joins forces with Ecobat to recycle electric vehicle batteries by EUbusiness — last modified 29 February 2024, 00:07 CET

Volkswagen Group United Kingdom Ltd. (VWG UK) has signed an agreement with Ecobat, the global leader in battery recycling, to collect and recycle electric vehicle (EV) batteries. The deal helps VWG UK close the loop to promote a circular energy economy and ensures the UK's largest automotive Group is doing all it can to boost sustainability.

EU consumers support new laws for better farm animal welfare, survey shows by European Consumers’ Organisation — last modified 27 February 2024, 23:13 CET

A new survey carried out in 8 EU countries shows that most consumers support better welfare for the animals raised for food and expect EU decision makers to act. BEUC and its members call on the EU Commission to heed consumers’ concerns and fulfil its commitment on animal welfare, by proposing new laws and updating existing ones.

European Parliament seals the deal on Nature Restoration Law by WWF - World Wide Fund For Nature — last modified 29 February 2024, 18:47 CET

Today, the European Parliament adopted the trilogue agreement on the Nature Restoration Law. They listened to the calls of over 1 million citizens, businesses, scientists and NGOs, and have paved the way for this first-of-its-kind law to become a reality.

What are the recent EU environmental policies? by EUbusiness — last modified 27 February 2024, 19:20 CET

Across the globe, countries are putting policies and recommendations in place to help prevent and mitigate the challenges of climate change. While it is a worldwide issue, the European Union has been pivotal in its attempt to tackle the problem by establishing a range of changes to be made to promote a cleaner environment and become carbon neutral.