Keywords: Commerce


Italy confirms new low-value parcel tax will be added to EU import levy

Italy will introduce its planned tax on low-value imported parcels in addition to a new European Union customs charge, creating a combined levy on small shipments entering the country from outside the bloc. Economy Minister Giancarlo Giorgetti confirmed the government's approach during a parliamentary......

Washington signals possible new tariff measures against dozens of countries

The United States is preparing for the possibility of a new round of tariffs targeting several trading partners, raising concerns that global trade tensions could intensify under President Donald Trump’s administration. U.S. Trade Representative Jamieson Greer indicated that new trade measures......

UN warns attacks on Russian e-commerce warehouses could constitute war crimes

The United Nations has raised concerns over recent Ukrainian drone strikes on warehouses operated by Russian e-commerce giant Wildberries, warning that attacks against civilians and civilian infrastructure could potentially constitute war crimes under international humanitarian law. UN Human Rights......

EU imposes record €550 million fine on AliExpress over illegal product listings

The European Union has imposed a record €550 million ($629 million) fine on Alibaba-owned AliExpress, accusing the online marketplace of failing to adequately prevent the sale of illegal, counterfeit, and unsafe products to European consumers. The penalty was issued under the Digital Services Act......

AliExpress receives record €550 million EU fine over counterfeit and unsafe products

Online marketplace AliExpress, owned by Chinese e-commerce giant Alibaba, has been fined €550 million ($629 million) by the European Union for failing to adequately prevent the sale of illegal, unsafe and counterfeit products on its platform. The penalty, announced by the European Commission, represents......

Coupang Data dispute puts new strain on US-South Korea economic relations

A dispute over regulatory action against Coupang, South Korea’s largest online retailer, has developed into a broader diplomatic challenge, raising concerns about the future of economic and technology ties between South Korea and the United States. The controversy began after South Korean authorities......

France targets Nounou-top.fr over alleged misleading practices in childcare services

French authorities have launched action against nounou-top.fr, a platform connecting parents with babysitters, over concerns that certain commercial claims may mislead consumers about the reliability and verification of childcare providers. The French Directorate General for Competition Policy, Consumer......

Shein moves closer to major Hong Kong IPO targeting up to $3 billion

Fast-fashion giant Shein is moving closer to launching one of the largest initial public offerings (IPOs) in Hong Kong in recent years, with reports indicating the company aims to raise between $2 billion and $3 billion through its planned stock market debut. According to market sources, the company......

Uber agrees €12.7 billion acquisition of Delivery Hero to strengthen global delivery business

Uber has reached an agreement to acquire German food delivery company Delivery Hero in a deal valued at approximately €12.7 billion, marking one of the largest transactions in the global on-demand delivery industry. The acquisition is expected to expand Uber's international presence in food......