By Foo Yun CheeBRUSSELS (Reuters) - Meta Platforms (NASDAQ:META)’ WhatsApp on Thursday got the backing of an adviser to Europe’s top court in its fight against the EU privacy watchdog, which had ordered the Irish data protection authority to jack up a fine four years ago for privacy breaches.The Irish enforcer fined WhatsApp 225 million euros ($242.2 million) in 2021 following complaints about ...
LONDON (Reuters) - U.S. President Donald Trump’s actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer H&M (ST:HMb) said on Thursday, as the company shifts its supply chain to adapt to new trade barriers.H&M’s biggest manufacturing hubs are China, which Trump has already hit with an extra 20% tariff on imports, and Bangladesh, one ...
Investing.com -- Brazil is actively seeking new trade partnerships in response to escalating global trade tensions, according to the country’s Secretary of Foreign Trade, Tatiana Prazeres. This news comes in the wake of President Donald Trump’s decision to impose a 25% tariff on all cars, trucks, and major parts such as engines and transmissions imported into the United States.Prazeres spoke o ...
Investing.com -- The CEO of H&M (ST:HMb), a fast-fashion retailer, has indicated that the increase in import tariffs by U.S. President Donald Trump will likely result in higher prices for American consumers. The company is currently adjusting its supply chain to accommodate new trade barriers.H&M reported earnings today and its shares were up by 1.3% in Stockholm trading by 10:58 GMT.H& ...