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European Union (EU)

European Union lawmakers agree on artificial intelligence laws

European Union lawmakers agree on artificial intelligence laws

Sat, Dec 09, 2023

The legislation called AI Act set up a regulatory framework to promote the development of AI while addressing the risks related to the rapidly evolving technology.

Google in last ditch effort to overturn $2.6 billion European Union antitrust fine

Google in last ditch effort to overturn $2.6 billion European Union antitrust fine

Tue, Sep 19, 2023

Google was entitled to apply algorithms that lower the visibility of certain results which were less relevant for a user query.

Google-owned Fitbit face 3 data transfer complaints in EU

Google-owned Fitbit face 3 data transfer complaints in EU

Thu, Aug 31, 2023

Noyb requested the Austrian, Dutch, and Italian DPAs to order Fitbit to share all mandatory information about the transfers with its users and allow them to use its app without having to consent to the data transfers.

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India, EU FTA talks progressing well but lots of work to be done, says EU official

India, EU FTA talks progressing well but lots of work to be done, says EU official

Sat, Aug 26, 2023

There has been progress in the proposed free trade agreement (FTA) between India and EU, a lot of work is still left to be done, Dombrovskis said.

Advance preparation by exporters, government must comply with EU's carbon tax says Global Trade Research Initiative

Advance preparation by exporters, government must comply with EU's carbon tax says Global Trade Research Initiative

Tue, Aug 22, 2023

The CBAM or carbon tax (a kind of import duty) will come into effect from January 1, 2026, but from October 1 this year, domestic companies from seven carbon-intensive sectors, including steel, cement, fertiliser, aluminium and hydrocarbon products, will have to share data with regard to carbon emissions with the EU.

India raises concerns over EU's carbon tax, deforestation regulation in WTO meeting

India raises concerns over EU's carbon tax, deforestation regulation in WTO meeting

Sat, Jul 08, 2023

A number of countries, including India, Russia, and Brazil, have flagged concerns over European Union's (EU) carbon tax and deforestation regulation in a meeting of the World Trade Organisation (WTO) in Geneva, stating that these measures would affect their industries, an official said on Friday.

EU Foreign Ministers allocate over 3 billion Euro for military aid to Ukraine

EU Foreign Ministers allocate over 3 billion Euro for military aid to Ukraine

Tue, Jun 27, 2023

Following a meeting in Luxembourg, Foreign Ministers of 27 EU member states have approved a 3.5 billion euro increase in the European Peace Facility, from which Brussels allocated funds for arms supplies to Ukraine, the state-owned Russian News Agency.

EU adopts 11th package of sanctions against Russia

EU adopts 11th package of sanctions against Russia

Sat, Jun 24, 2023

Moscow has expanded the list of EU representatives who are banned from entering Russia, reported Sputnik on Friday.

Germany hails EU deal on renewable energy raising target for 2030 to 45%

Germany hails EU deal on renewable energy raising target for 2030 to 45%

Sat, Jun 17, 2023

About 22% of the EU's total energy consumption came from renewables in 2021, meaning the new target will double the amount in less than a decade.

EU approves single charger rule for all mobile phones and tablets; how it works

EU approves single charger rule for all mobile phones and tablets; how it works

Wed, Oct 05, 2022

All new devices will have standard chargers of USB Type-C port

Reviving 2015 nuclear deal in interests of all parties, says Iran

Reviving 2015 nuclear deal in interests of all parties, says Iran

Mon, Aug 29, 2022

Iran maintained that the implementation of any potential nuclear agreement must be reciprocal and all members must be committed to their obligations, Kanaani noted.

Iran nuclear deal: Tehran submits final roadmap to restore tattered talks with world powers

Iran nuclear deal: Tehran submits final roadmap to restore tattered talks with world powers

Tue, Aug 16, 2022

Tehran under hard-line President Ebrahim Raisi has repeatedly tried to blame Washington for the delay in reaching an accord.

European Central Bank hikes interest rate by larger-than-expected, first increase in 11 years

European Central Bank hikes interest rate by larger-than-expected, first increase in 11 years

Fri, Jul 22, 2022

The ECB's surprise hike of half a percentage point for the 19 countries using the euro currency is expected to be followed by another increase in September.

Google News re-opens in Spain after eight-year shutdown

Google News re-opens in Spain after eight-year shutdown

Wed, Jun 22, 2022

Madrid last year transposed European Union copyright rules, revamped in 2020, into legislation, allowing media outlets to negotiate directly with the tech giant

UK, EU leaders say trade talks to reconvene in Brussels amid "significant differences"

UK, EU leaders say trade talks to reconvene in Brussels amid "significant differences"

Sun, Dec 06, 2020

British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen said that trade talks between the two sides will reconvene in Brussels on Sunday, even though "significant differences remain."

Brexit! UK officially leaves EU, ending 47-year-long membership

Brexit! UK officially leaves EU, ending 47-year-long membership

Sat, Feb 01, 2020

"And of course, I think that is the right and healthy and democratic thing to do," he added. "Because for all its strengths and for all its admirable qualities, the EU has evolved over 50 years in a direction that no longer suits this country."

Brexit casts shadow over stands at Geneva car show

Brexit casts shadow over stands at Geneva car show

Sun, Mar 03, 2019

The stakes are high. Britain is Europe`s second-biggest buyer of cars and fourth biggest manufacturer, meaning disruption to supplies - and possible tariffs of up to 10 percent on vehicles moving between Britain and the European Union - will have repercussions across the industry.

EU expects UK request to help avoid food shortages under hard Brexit

EU expects UK request to help avoid food shortages under hard Brexit

Sun, Feb 24, 2019

"I don`t think they will want a situation where they will have a logistical problem at their ports, that they will have food shortages and food prices going up in the shops," Hogan added.

EU countries back copyright reforms aimed at Google, Facebook

EU countries back copyright reforms aimed at Google, Facebook

Wed, Feb 20, 2019

European Union countries on Wednesday endorsed an overhaul of the bloc`s copyright rules which would force Google and Facebook Inc to pay publishers for news snippets and filter out copyright-protected content on YouTube or Instagram.

UK would regret no-deal Brexit ''for ever'' - business minister

UK would regret no-deal Brexit ''for ever'' - business minister

Sat, Feb 02, 2019

The impacts "could fall across every transport mode ... and could grow exponentially as ... the capabilities of responders at all levels decrease or become overwhelmed," the document offering guidance to officials working in a planned emergency response centre said.

UK firms plan mass exodus over no-deal Brexit

UK firms plan mass exodus over no-deal Brexit

Sun, Jan 27, 2019

The development comes before a crucial week in Parliament, in which MPs will try to wrest control from Prime Minister Theresa May's government in order to delay Brexit and avoid a no-deal outcome.

Take Five: World market themes for the week ahead

Take Five: World market themes for the week ahead

Sat, Jan 19, 2019

The optimism has driven sterling to two-month highs against the dollar, with 4 percent-plus gains from Jan 3 lows. Options markets too imply further pound strength over the three-month period that encompasses the deadline.

U.S. to seek comprehensive agriculture access in EU trade talks

U.S. to seek comprehensive agriculture access in EU trade talks

Sat, Jan 12, 2019

Agricultural issues were among the major sticking points in past negotiations for a major U.S.-EU trade deal, the Trans-Atlantic Trade and Investment Partnership (TTIP), before talks were shelved after Donald Trump was elected president in 2016.

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