NEWSNIM

Shop Temu? What to know about an EU probe into the Chinese retailer – National

[ad_1] Chinese online retailer Temu is facing a European Union investigation over suspicions it’s failing to prevent the sale of illegal products, the 27-nation bloc’s executive arm said on Thursday. The European Commission opened its investigation five months after adding Temu to the list of “very large online platforms” needing the strictest level of scrutiny … Read more

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Tobacco giant opposes Canada’s proposed smoking settlement over ‘critical issues’ – National

[ad_1] One of three major tobacco companies involved in years of negotiations with creditors says it opposes the proposed multi-billion-dollar settlement announced in the case earlier this month. JTI-Macdonald Corp. has filed a document with an Ontario court indicating it does not support the proposal due to “critical outstanding issues.” The document was filed ahead … Read more

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Canada’s NATO target plan unclear, PBO says as U.S. election ups stakes – National

[ad_1] Canada’s plan to hit NATO’s defence spending target remains unclear and the current forecast for increasing military spending is based on “erroneous” economic projections, according to the federal fiscal watchdog. The report from the parliamentary budget officer (PBO), Yves Giroux, on Wednesday comes just a week before the U.S. election, the outcome of which … Read more

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