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EU Firms’ Appetite for China Investment Sinks to Record Low
May 10 2024 // China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and turn to Southeast Asia and Europe, according to a survey by the European Union Chamber of Commerce in China. Only 13%...
EU Commission Eyeing Exemptions for ‘Forever Chemicals’ Ban, Letter Shows
May 9 2024 // The European Commission is planning to allow exemptions from a proposed ban on substances known as PFAS, or “forever chemicals,” to protect key industries, a letter seen by Reuters on Wednesday showed. In the...
Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers
May 8 2024 // Insurance broker Marsh announced the launch of MiCAssure, a proprietary insurance solution for crypto-asset service providers such as custodians, exchanges, and administrators operating within the European Union (EU),...
EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting
May 7 2024 // The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine. The proposed measures, if approved by member states, would ban the ships from...
Red Sea Disruption to Shipping Could Cut Asia-Europe Capacity by 20%: Maersk
May 6 2024 // Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping...
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