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EU agrees law to hit fossil fuel imports with methane emissions limit

EU agrees law to hit fossil fuel imports with methane emissions limit

Wed, Nov 15, 2023

The law will now be put to the European Parliament and EU countries for final approval. That step is usually a formality that waves through pre-agreed deals.

Australia says EU trade deal is likely years away after rejecting terms

Australia says EU trade deal is likely years away after rejecting terms

Mon, Oct 30, 2023

Australia's agriculture minister, Murray Watt, said the EU - one of the world's largest markets - had only slightly tweaked the proposal it put on the table three months ago.

EU seeks to ease US tariff, green subsidy threats

EU seeks to ease US tariff, green subsidy threats

Mon, Oct 16, 2023

The EU is hoping that the summit will also yield an agreement on critical minerals - cobalt, graphite, lithium, manganese and nickel - that would benefit EU suppliers.

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UK to ease finance sector rules to boost investment post-Brexit

UK to ease finance sector rules to boost investment post-Brexit

Thu, Sep 28, 2023

The draft legislation proposes to increase the threshold at which so-called ring-fencing applies to banks from 25 billion pounds ($30 billion) to 35 billion pounds.

Wind power industry drifts off course

Wind power industry drifts off course

Thu, Sep 28, 2023

Supply chain disruptions which started during the global pandemic have been exacerbated by the Ukraine war while higher shipping rates, raw material costs, interest rates and inflation have dented profits for some wind developers.

China could do 'a lot' to reduce EU perception of risk -EU trade chief

China could do 'a lot' to reduce EU perception of risk -EU trade chief

Mon, Sep 25, 2023

Europe's economic ties with China are deep, but China "could do a lot to help reduce our perception of risk," Trade Commissioner Valdis Dombrovskis said in a speech delivered at the Tsinghua University in Beijing.

EU urged to crackdown on imports of Indian fuels made with Russian oil

EU urged to crackdown on imports of Indian fuels made with Russian oil

Tue, May 16, 2023

The trade is legal under EU sanctions but has been criticised by those who want to see harsher sanctions imposed on Russia and argue that it has allowed Moscow to keep earning large revenues from its oil sales -- the biggest component in the Kremlin's budget.

Ukraine seeks to extend duty-free trade with EU until end of 2024

Ukraine seeks to extend duty-free trade with EU until end of 2024

Fri, Feb 03, 2023

For his part, Dombrovskis said that the EU would continue to fully support Ukraine.

Bad news for Apple? European Union makes USB-C mandatory for phones, small and medium devices

Bad news for Apple? European Union makes USB-C mandatory for phones, small and medium devices

Wed, Jun 08, 2022

European Union has decided to make USB-C (type-c) chargers mandatory for small and medium devices in order to make a common charger. The idea behind this is to reduce electronic waste as well as make it convenient for the consumers as well. Here is all you need to know.

European Union drags India to WTO over import duties on ICT products

European Union drags India to WTO over import duties on ICT products

Wed, Apr 03, 2019

The European Union (EU) Tuesday said it has dragged India into WTO's dispute settlement mechanism over imposition of import duties on certain ICT product, including mobile phones, alleging breach of global trade norms.

Facebook plans more fact-checking ahead of European Parliament election

Facebook plans more fact-checking ahead of European Parliament election

Tue, Mar 19, 2019

Facebook plans to ramp up efforts to fight misinformation ahead of the European Parliament election in May and will partner with German news agency DPA to boost its fact-checking, a senior executive said on Monday.

Does Google harm local search rivals? EU antitrust regulators ask

Does Google harm local search rivals? EU antitrust regulators ask

Sun, Dec 02, 2018

EU antitrust regulators have asked Google`s rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit.

Domestic auto industry seeks cars to be left out of FTA with EU

Domestic auto industry seeks cars to be left out of FTA with EU

Sun, May 13, 2018

While in the past, EU had demanded on inclusion of cars in the pact, Indian automobile makers had insisted that such a step will be detrimental to the country's ambition to become a global automotive manufacturing hub. According to industry sources, if such a demand from the EU were to be accepted, India has more to lose specially in the post Brexit scenario

Donald Trump may cause this big calamity to happen, says Standard & Poor's

Donald Trump may cause this big calamity to happen, says Standard & Poor's

Mon, Mar 12, 2018

The US had last week raised import duties on steel and aluminium products to 25 per cent and 10 per cent, respectively. According to trade experts, the decision is unlikely to impact exports of these items to America. However, they have expressed fear that such protectionist measures would impact global trade.

EU wants to restrict single market access to UK

EU wants to restrict single market access to UK

Wed, Feb 07, 2018

The European Union (EU) wants to be able to restrict the UK`s access to the single market if there is a dispute after Brexit, according to a leaked document.

Facebook makes privacy push ahead of strict EU law

Facebook makes privacy push ahead of strict EU law

Mon, Jan 29, 2018

Facebook said on Monday it was publishing its privacy principles for the first time and rolling out educational videos to help users control who has access to their information, as it prepares for the start of a tough new EU data protection law.

Brexit talks: EU President Tusk says 'most difficult challenge' ahead

Brexit talks: EU President Tusk says 'most difficult challenge' ahead

Fri, Dec 08, 2017

EU President Donald Tusk warned that talks on a post-Brexit trade deal and transition period would be even more difficult than a hard-won agreement on divorce terms that was sealed today.

Apple, Volkswagen, BMW warn EU over patent fees guidelines

Apple, Volkswagen, BMW warn EU over patent fees guidelines

Thu, Oct 26, 2017

The move comes as the EU executive ponders whether a fridge maker should pay a different rate for crucial patents than a carmaker, or whether a flat, fixed rate would be fairer.

India stares at losing Rs 1700 crore worth of EU basmati exports to Pakistan

India stares at losing Rs 1700 crore worth of EU basmati exports to Pakistan

Wed, Jul 05, 2017

Ahead of the visit of an Indian delegation to the EU to resolve the basmati rice issue, grain exporters body AIREA today said tough norms by the European Commission will hit the exports badly as the trade worth over Rs 1,700 crore could shift to Pakistan.

EU hits Google with record $2.7 billion fine

EU hits Google with record $2.7 billion fine

Wed, Jun 28, 2017

EU antitrust regulators hit Google with a record 2.4-billion-euro ($2.7 billion) fine for favouring its own shopping service, taking a tough line in the first of three probes of its dominance in searches and smartphone operating systems.

Asia stocks shake off Wall Street blues, sterling steady before Brexit talks

Asia stocks shake off Wall Street blues, sterling steady before Brexit talks

Mon, Jun 19, 2017

Asian stocks rose on Monday, shaking off Wall Street`s uninspiring performance on Friday, while sterling was mostly steady after a van rammed into pedestrians in London even as markets braced for the start of Brexit talks.

Britain to hold special two-year parliament session to tackle Brexit

Britain to hold special two-year parliament session to tackle Brexit

Sun, Jun 18, 2017

The British parliament will hold a rare two-year legislative session to tackle the complexities of Britain`s departure from the European Union, the government said on Saturday.

Google facing EU ban over search engine dominance

Google facing EU ban over search engine dominance

Sat, Jun 17, 2017

Accused of manipulating its search engine results to favour its new shopping service, search engine Google may face a record-breaking fine from Brussels of nearly $1.1 billion, media reported on Friday.

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