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India seeking mutually beneficial FTA with EU: Piyush Goyal

India seeking mutually beneficial FTA with EU: Piyush Goyal

Thu, Dec 12, 2024

Commerce and Industry Minister Piyush Goyal has highlighted that India is aiming for a balanced, comprehensive and mutually beneficial Free Trade Agreement (FTA) with the EU, according to an official statement issued on Thursday.

What does the rise of the far right mean for the European Union?

What does the rise of the far right mean for the European Union?

Sat, Jun 08, 2024

The influence of the far right is likely to impede EU cooperation on overarching policies such as climate and migration, in tune with their goal of reasserting the sovereign role of national capitals.

Italian PM Giorgia Meloni set to act as kingmaker for next European Commission President

Italian PM Giorgia Meloni set to act as kingmaker for next European Commission President

Sat, Jun 08, 2024

As the EU's third-most populous country, Italy can send a total of 76 delegates to the 720-seat European Parliament, putting anyone who wins big there in a powerful position at EU level.

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What to look forward to in the EU Parliament elections this week

What to look forward to in the EU Parliament elections this week

Thu, Jun 06, 2024

This year marks the 10th parliamentary election since the first polls in 1979, and the first after Brexit.

Facebook and Instagram face fresh scrutiny under EU's strict digital regulations

Facebook and Instagram face fresh scrutiny under EU's strict digital regulations

Thu, May 16, 2024

It's the latest round of scrutiny for parent company Meta Platforms under the 27-nation EU's Digital Services Act, a sweeping set of regulations that took effect last year with the goal of cleaning up online platforms and protecting internet users.

Foreign Minister Jaishankar Discusses EU Partnership's Implications, Strategy

Foreign Minister Jaishankar Discusses EU Partnership's Implications, Strategy

Fri, May 10, 2024

Describing the relationship between India and the European Union as "consequential for the world as well," External Affairs Minister S Jaishankar said the EU is not only "our largest economic partner," but the ties run "very deep, spanning many domains.

Microsoft's deal with Mistral AI faces EU scrutiny

Microsoft's deal with Mistral AI faces EU scrutiny

Tue, Feb 27, 2024

The European Commission told Reuters on Tuesday that it would analyse the Microsoft-Mistral deal, as part of its ongoing scrutiny of big tech's AI partnerships.

Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal

Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal

Tue, Jan 30, 2024

Amazon could have delisted rival robot vacuum cleaners, reduce visibility of rivals or raised costs of iRobot's rivals to advertise and sell their robot vacuum cleaners on Amazon's marketplace, Vestager added.

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.

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.

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