Today news
About the same in other media
Dyson says it will appeal after £150m damages claim rejected by EU court
Reading now: 606
Dyson, the vacuum cleaner firm, has said it will appeal against a ruling by an EU court that it is not entitled to £150m in damages over flawed energy efficiency regulation.
Sir James Dyson, the company’s billionaire owner, is an outspoken critic of the EU and was one of the most prominent supporters of the campaign to leave the EU.
He had argued that mandatory EU tests had “illegally misled millions of consumers” and sought damages from the European Commission for lost sales and wasted time.
James Dyson controversially moved Dyson’s headquarters to Singapore in early 2019 in order, he claimed, to be closer to the growing Asian market. However, the EU remains an important market for the company and its products are designed in Malmesbury,
Read more on theguardian.comAbout this in other media
Orban says Hungary will defy EU court ruling on asylum policy euronews.com /3 years ago
FOMO will drive crypto adoption in 2022, says BlockFi co-founder cointelegraph.com /3 years ago
Elon Musk says he will pay more than $11bn in tax this year theguardian.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
