Eu

US's Intel corp wins court fight over EU's historic $1.1 bn penalty

The EU's Court of Justice ruled that regulators failed to prove the US company doled out illegal rebates to PC makers that agreed to buy most of their chips from Intel

EU leaders seek to tighten borders amid rising far-right migration concerns

European Union leaders on Thursday lauded a groundswell of support for tightening their borders and making the bloc a more hostile destination for migrants and asylum seekers following a recent surge in support for the extreme right, which has fomented opposition to foreigners. They also backed Poland's moves to rein in migration after Warsaw said it wants to temporarily suspend the right to asylum because it feels Russia and Belarus are seeking to create chaos by pushing migrants across the EU border as a form of hybrid warfare targeting the 27-nation bloc. At the end of a summit dominated by migration issues, EU leaders were already fostering plans to speed up initiatives to get migrants not eligible to stay in the EU out of the bloc and process asylum applications far outside their borders, seeking to buttress a reputation as a Fortress Europe. Echoing comments from many quarters, Danish Prime Minister Mette Frederiksen said that Things are changing in the European Union. Now the

EU to give Euro 2.4 mn aid for flood victims in India, B'desh, Philippines

The funding will help provide cash assistance, food, access to clean water and sanitation, and other essential services in the hardest-hit areas

EU to get iOS 18, macOS Sequoia without headline features due to DMA

Apple said three features - Phone Mirroring, SharePlay Screen Sharing enhancements, and Apple Intelligence - will not be rolled out to EU users this year

India to get its own shoe sizing system soon, set to replace UK/EU/US sizes

India, China, Russia, 5 other WTO members slam EU, UK over steel duty

Countries say European bloc's safeguard duty was inconsistent with regulations of the global trade organisation

Italy, EU's interest in Indo-Pacific is stabilising factor: Jaishankar

External Affairs Minister S Jaishankar on Friday welcomed Italy's and the European Union's "greater interest" in the Indo-Pacific region, terming it as a "stabilising factor" and underlining that in a globalised world, it is important for all to take an interest in every corner of the world. Addressing the Joint Session of the Senate's External Affairs and Defence Commission here, Jaishankar talked about how India sees the world today. "We see, very frankly, very difficult times ahead, very turbulent times ahead," said Jaishankar, who is here on a two-day official visit to Italy, his fourth as Foreign Minister to Italy in the last four and a half years. He said India was watching with increasing concern the evolving situation in the Middle East. "Obviously, all of us will have an interest in ensuring that there is no escalation. But it is definitely an issue of concern," Jaishankar said. In his address, Jaishankar also welcomed the greater interest shown by Italy and the European .

India fourth in number of startups with over $50 mn funding: Scaleup Report

In the survey involving 12,400 startups, India is ranked fourth with 429 scaleups, after the US (7,184), China (1,491), and the UK (623)

Export of steel, iron ore, cement likely to be hit by EU carbon tax: FinMin

India's merchandise trade deficit rose faster-than-expected in May to $22.12 billion, up from $15.24 billion in April, due to reduced demand for Indian exports from developed countries

India in talks to supply tonnes of green hydrogen to EU, Singapore: Report

The meeting was attended by officials from EU governments and Indian renewable companies, including Avaada Group, Renew Power and ACME Group

EU, US to ready artificial intelligence code of conduct 'within weeks'

The forum was set up in 2021 to ease trade friction after the turbulent presidency of Donald Trump but has since set its sights largely on artificial intelligence

Twitter leaves EU code of practice against disinformation, regulators warn

Elon Musk-run Twitter has withdrawn from the European Union's Code of Practice on online disinformation -- a move which has not gone well with the regulators

Esma to penalise but let European Union banks deal with India CCPs

Though April 30 deadline stands, EU regulator gives a breather to European banks

European Union strikes landmark deal to fight greenwashing in bond market

Companies that use the standard will have to prove that the proceeds from their green bonds are in line with the bloc's list of environmentally friendly activities, known as the taxonomy

European Union slaps sanctions on top Russia officials, banks, trade

The European Union agreed on Saturday to impose new sanctions on Russia over its invasion of Ukraine targeting more officials and organizations accused of supporting the war, spreading propaganda or supplying drones, as well as restricting trade on products that could be used by the armed forces. The EU's Swedish presidency said the sanctions "are directed at military and political decision-makers, companies supporting or working within the Russian military industry, and commanders in the Wagner Group. Transactions with some of Russia's largest banks are also prohibited. Asset freezes were slapped on three more Russian banks and seven Iranian entities companies, agencies, political parties or other organisations that manufacture military drones, which the EU suspects have been used by Russia during the war. The new measures, proposed by the EU's executive branch three weeks ago, were only adopted after much internal wrangling over their exact make-up, and made public one day after

Russia-Ukraine crisis to have impact on G20 proceedings: EU Ambassador

Europe understands India's position in continuing with procurement of crude oil from Russia and it appreciates New Delhi's overall stand on the Ukraine conflict, Ambassador of European Union Ugo Astuto said on Thursday on the eve of the one-year anniversary of Russia's invasion of the neighbouring country. With India set to host a crucial meeting of the foreign ministers of G20 states after five days, Astuto also said it is not a "business as usual situation" and the crisis will have an impact on the proceedings of the grouping. At the same time, the envoy asserted that the European Union trusts the Indian presidency of G20 to make the proceedings productive in that respect. In an exclusive interview to PTI, the ambassador of the 27-nation European Union said the Indian voice on the conflict is an influential one and that there is appreciation in Europe of Prime Minister Narendra Modi's statement that it is not time for war. "When it comes to G20, inevitably we are not in a ...

EU regulators set to investigate Amazon's $1.7-billion iRobot deal

EU regulators have sent the e-commerce giant a series of detailed questions over the proposed transaction, indicating that they are gearing up for a formal probe, the report said

Russia plans to sell 80% of oil to 'friendly' countries in 2023

EU set to propose fresh sanctions on Moscow tech and vehicles

Diverse views on trade & investment at Davos

Beneath the high sounding words during the discussions, willingness to co-operate on trade and investment issues was missing

Google commits to complying with EU rules, says European Commission

Google had agreed to introduce changes in Google store, Google play store, Google hotels and Google flights to ensure compliance with EU consumer rules, says EU