November 3, 2026
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EU Levies on Chinese E-Commerce Imports Could Generate €6 Billion Annually for Bloc Budget

European Union charges targeting cheap e-commerce shipments entering the bloc—primarily from Chinese platforms such as Shein and Temu—could generate approximately €6 billion ($6.69 billion) annually for the EU budget between 2028 and 2034. The internal European Commission estimate highlights the scale of Brussels’ effort to curb an unprecedented influx of low-value Continue Reading
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Meta Indefinitely Delays New Commercial Terms Amid Advertiser Concerns

Meta has indefinitely postponed the implementation of its proposed new commercial terms following concerns raised by digital publishers and advertisers. The decision could help the technology giant avert potential regulatory action in the European Union and the United Kingdom, where complaints have been submitted over the proposed changes.   Publishers and advertisers Continue Reading
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Ani Stepanishvili Wins the Coveted Miss Asia Global 2026 Title

Ani Stepanishvili from Georgia was crowned the winner of the prestigious Miss Asia Global 2026 at a spectacular international pageant held on October 24 at Harris Hotel & Conventions Sunshine, Penang, Malaysia. Teh Jing En from Malaysia secured the first runner-up position, followed by Shokhida Rasulova from Uzbekistan as the second runner-up. Miss Patchariya Chantelle Continue Reading
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Borgini Jersey Targets Double-Digit Growth as It Expands in Luxury Fashion

Italian textile manufacturer Borgini Jersey is strengthening its presence in the high-end fashion segment while continuing to expand its established sportswear and beachwear businesses. Founded in 1973 in Cassina Rizzardi, in Italy’s Como silk district, the company specialises in circular knitwear, bonded fabrics and textiles for apparel, athleisure and underwear. With Continue Reading
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Basicnet Revenue Jumps 21.6% in First Nine Months on Woolrich and Sundek Acquisitions

Italian fashion group Basicnet reported a 21.6% increase in consolidated revenue to €369 million in the first nine months of 2026, compared with €303.4 million in the same period last year. The Turin-based company’s growth was driven partly by the addition of Woolrich and Sundek to its brand portfolio. The results were reviewed by the […]Continue Reading
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Temu Proposes Consumer Protection Changes After €200 Million EU Fine

Online shopping platform Temu has pledged to strengthen consumer protection measures following a €200 million fine imposed by the European Commission for violating the European Union’s Digital Services Act (DSA). The company has submitted proposals to the commission, which has initially accepted them. Temu has four months to implement the proposed changes, including Continue Reading