Friday, July 31, 2026 | 11:39 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 15 - Europe

UK PM, European leaders call US tariffs 'new era for global economy'

Starmer also expressed disappointment over the new tariffs but emphasised that the UK would continue to act in its national interest

UK PM, European leaders call US tariffs 'new era for global economy'
Updated On : 07 Apr 2025 | 7:55 AM IST

Elon Musk hopes US, Europe will create 'zero-tariff' zone in future

Billionaire Elon Musk told Italy League leader Matteo Salvini on Saturday that he hoped in the future the US and Europe could create "a very close, stronger partnership" and reach a "zero-tariff zone". Musk spoke to Salvini in a video conference during the League's congress in Florence. Salvini is the leader of the far-right, anti-migrant League party and vice premier of the Italian conservative government led by Premier Giorgia Meloni. He said that, ideally, there will be a "zero-tariff zone in the future with a free trade zone between Europe and North America". Musk, an adviser to President Donald Trump who owns Tesla, SpaceX and the social media platform X, has played a key role in government downsizing as the head of the newly created Department of Government Efficiency.

Elon Musk hopes US, Europe will create 'zero-tariff' zone in future
Updated On : 06 Apr 2025 | 7:27 AM IST

US is committed to Nato, but Europe must spend more on defence: Rubio

According to NATO estimates, some of the continent's big economies, such as Italy and Spain, are among those below the current 2 per cent target, at around 1.5 per cent and 1.3 per cent respectively

US is committed to Nato, but Europe must spend more on defence: Rubio
Updated On : 03 Apr 2025 | 11:38 PM IST

Rubio arrives for Nato talks as allies await US plans on Europe drawdown

US Secretary of State Marco Rubio and the Trump administration's new envoy to NATO arrived Thursday in Brussels, where the alliance's top diplomats are hoping they'll shed light on US security plans in Europe. European allies and Canada are deeply concerned by President Donald Trump's readiness to draw closer to Russian leader Vladimir Putin, who sees NATO as a threat, as the US works to broker a ceasefire in Ukraine. Recent White House comments and insults directed at NATO allies Canada and Denmark as well as the military alliance itself have raised alarm and confusion, especially with new US tariffs targeting US friends and foes alike. Since Defence Secretary Pete Hegseth warned last month that US security priorities lie elsewhere in Asia and on the US's own borders the Europeans have waited to learn how big a military drawdown in Europe could be and how fast it may happen. In Europe and Canada, governments are working on burden shifting plans to take over more of the load, .

Rubio arrives for Nato talks as allies await US plans on Europe drawdown
Updated On : 03 Apr 2025 | 11:15 PM IST

Global leaders vow countermeasures as Trump imposes 'reciprocal tariffs'

Goods from Canada and Mexico are not currently subject to reciprocal tariffs because Trump's prior 25 per cent fentanyl-related duties remain in place on their goods

Global leaders vow countermeasures as Trump imposes 'reciprocal tariffs'
Updated On : 03 Apr 2025 | 1:13 PM IST

Wary Europe awaits US Secretary of State Rubio with Nato's future on line

US Secretary of State Marco Rubio travels this week to a gathering of top diplomats from NATO countries and is sure to find allies that are alarmed, angered and confused by the Trump administration's desire to reestablish ties with Russia and its escalating rhetorical attacks on longtime transatlantic partners. Allies are deeply concerned by President Donald Trump's readiness to draw closer to Russian leader Vladimir Putin, who sees NATO as a threat, amid a U.S. effort to broker a ceasefire in Ukraine. Recent White House comments and insults directed at NATO allies Canada and Denmark as well as the military alliance itself have only increased the angst, especially as new US tariffs are taking effect against friends and foes alike. Rubio arrives in Brussels on Thursday for two days of meetings with his NATO counterparts and European officials, and he can expect to be confronted with questions about the future US role in the alliance. For 75 years, NATO has been anchored on American

Wary Europe awaits US Secretary of State Rubio with Nato's future on line
Updated On : 02 Apr 2025 | 2:25 PM IST

Danish PM heads to Greenland as Trump seeks control of Arctic territory

Danish Prime Minister Mette Frederiksen is travelling to Greenland on Wednesday for a three-day trip aimed at building the trust of Greenlandic officials at a time that the Trump administration is seeking control of the vast Arctic territory. Prime Minister Mette Frederiksen announced plans for her visit after US Vice President JD Vance visited a US air base in Greenland last week and accused Denmark of underinvesting in the territory. Greenland is a mineral-rich, strategically critical island that is becoming more accessible due to climate change. Trump has said that the landmass is critical to U.S. security. It is part of North America but is a semiautonomous territory belonging to the Kingdom of Denmark. Frederiksen is due to meet the incoming Greenlandic leader, Jens-Frederik Nielsen, after an election last month that produced a new government. She is also to meet with the future Naalakkersuisut, the Cabinet, in a visit due to last through Friday. It has my deepest respect how

Danish PM heads to Greenland as Trump seeks control of Arctic territory
Updated On : 02 Apr 2025 | 1:59 PM IST

Zelenskyy says Russia has committed over 183,000 war crimes in Ukraine

Russia did not immediately comment after business hours on Zelenskyy's remarks, but has previously denied its soldiers have committed atrocities

Zelenskyy says Russia has committed over 183,000 war crimes in Ukraine
Updated On : 31 Mar 2025 | 11:40 PM IST

Gujarat CM inaugurates India's 'largest' Chlorotoluene Plant at Dahej

With this initiative by the Gujarat government, the new plant will utilize chlorine to manufacture value-added chlorine-based products

Gujarat CM inaugurates India's 'largest' Chlorotoluene Plant at Dahej
Updated On : 29 Mar 2025 | 10:11 PM IST

Vance accuses Denmark of neglecting Greenland as Trump pushes for takeover

US Vice President JD Vance said on Friday that Denmark has "underinvested" in Greenland's security and demanded that Denmark change its approach as President Donald Trump continues to talk of taking over the Danish territory. The pointed remarks came as Vance visited US troops on Pituffik Space Base on the mineral rich, strategically critical island. Our message to Denmark is very simple: You have not done a good job by the people of Greenland, Vance said. You have underinvested in the people of Greenland, and you have underinvested in the security architecture of this incredible, beautiful landmass filled with incredible people. That has to change. Vance said the US has no option but to take a significant position to ensure the security of Greenland as he encouraged a push in Greenland for independence from Denmark. I think that they ultimately will partner with the United States, Vance said. We could make them much more secure. We could do a lot more protection. And I think they'

Vance accuses Denmark of neglecting Greenland as Trump pushes for takeover
Updated On : 29 Mar 2025 | 7:13 AM IST

Why does Trump want US to control Greenland? Location, resources and more

The US has expressed interest in expanding its existing military presence on the island, including placing radars there to monitor the waters between the island, Iceland and Britain

Why does Trump want US to control Greenland? Location, resources and more
Updated On : 28 Mar 2025 | 11:10 AM IST

America's allies alarmed by leaked group chat about Yemen attack plans

As wake-up calls go, the alarms don't get much louder. Allies of the United States see the group chat between top US officials about a planned attack in Yemen that accidentally included a journalist as a jaw-dropping security breach which casts doubt on intelligence-sharing with Washington and the security of joint military operations. "Scary" and "reckless" was the verdict of one European diplomat about the discussion on the Signal messaging app about strikes on Houthi rebels. Neil Melvin, a security expert at defence think-tank the Royal United Services Institute, called it "pretty shocking". "It's some of the most high-ranking US officials seeming to display a complete disregard for the normal security protocols, he said. Beyond the security concerns raised by the leaked chat, US officials addressed the country's trans-Atlantic allies with disdain as Vice-President J D Vance complained about bailing out Europe and Defence Secretary Pete Hegseth slammed pathetic European ...

America's allies alarmed by leaked group chat about Yemen attack plans
Updated On : 26 Mar 2025 | 8:01 AM IST

US Vice-President JD Vance to join wife Usha in Greenland on March 28

US Vice-President J D Vance has said that he's joining his wife on a Friday trip to Greenland, suggesting in an online video that global security is at stake. We're going to check out how things are going there, Vance said in a video shared on Tuesday. Speaking for President Trump, we want to reinvigorate the security of the people of Greenland because we think it's important to protecting the security of the entire world, he said. US President Donald Trump irked much of Europe by suggesting that his country should in some form control the self-governing, mineral-rich territory of American ally Denmark. As the nautical gateway to the Arctic and North Atlantic approaches to North America, Greenland has broader strategic value as both China and Russia also seek access to its waterways and the nearby natural resources. The office of second lady Usha Vance said on Sunday that she would depart on Thursday for Greenland and return on Saturday. Usha Vance and one of her three children h

US Vice-President JD Vance to join wife Usha in Greenland on March 28
Updated On : 26 Mar 2025 | 7:14 AM IST

Greenlanders unite to resist US as Trump seeks control of Arctic island

Lisa Solrun Christiansen gets up at 4 am most days and gets to work knitting thick wool sweaters coveted by buyers around the world for their warmth and colorful patterns celebrating Greenland's traditional Inuit culture. Her morning routine includes a quick check of the news, but these days the ritual shatters her peace because of all the stories about US President Donald Trump's designs on her homeland. I get overwhelmed,' Christiansen said earlier this month as she looked out to sea, where impossibly blue icebergs floated just offshore. The daughter of Inuit and Danish parents, Christiansen, 57, cherishes Greenland. It is a source of immense family pride that her father, an artist and teacher, designed the red-and-white Greenlandic flag. On his deathbed he talked a lot about the flag, and he said that the flag is not his, it's the people's, she said. And there's one sentence I keep thinking about. He said, I hope the flag will unite the Greenlandic people." Island of ...

Greenlanders unite to resist US as Trump seeks control of Arctic island
Updated On : 25 Mar 2025 | 11:11 AM IST

Some Europeans reconsider trips to US in protest against Donald Trump

Europeans splashed $155 billion on travel to the United States in 2023, according to EU figures, while transatlantic travel has bolstered earnings for airlines

Some Europeans reconsider trips to US in protest against Donald Trump
Updated On : 24 Mar 2025 | 12:14 PM IST

European startup Isar Aerospace to launch orbital rocket on 1st test flight

A private European aerospace company is set to make the first test flight of its orbital launch vehicle from Norway on Monday. The launch window for its Spectrum rocket from the island of Andoya in northern Norway is 12:30 pm to 3:30 pm local time, said Isar Aerospace, which is headquartered in Munich. The launch is subject to weather, safety and range infrastructure, and the company said it also could conduct the test flight later in the week. The 28-meter- (91-foot-) Spectrum is a two-stage launch vehicle designed for small and medium-sized satellites. The company largely rules out the possibility of the rocket reaching orbit on its first complete flight, saying it would consider a 30-second flight a success. Isar Aerospace aims to collect as much data and experience as possible on the first integrated test of all the systems on its in-house-developed launch vehicle. The startup, which says it has raised more than 400 million euros ($435 million) in capital, hopes to build up to

European startup Isar Aerospace to launch orbital rocket on 1st test flight
Updated On : 24 Mar 2025 | 12:09 PM IST

Traditional beverage Goli Soda sees strong demand in US, Europe, and Gulf

India's traditional beverage Goli Soda is witnessing strong consumer response in key international markets, including the US, UK, Europe, and the Gulf, driven by strategic expansion and innovative reinvention, an official statement said on Sunday. Under a strategic partnership with Fair Exports, India has ensured steady deliveries of Goli Soda, rebranded as Goli Pop Soda, to Lulu Hypermarket, one of the largest retail chains in the Gulf region, the commerce ministry's arm Agricultural and Processed Food Products Export Development Authority (APEDA) said. "This iconic beverage, once a household staple, is making a remarkable comeback on the global stage, driven by its innovative reinvention and strategic international expansion," it said, adding the product has already made strong inroads in global markets, with successful trial shipments to the USA, UK, Europe, and Gulf countries. The revival of this beverage, which had nearly disappeared due to the dominance of multinational bevera

Traditional beverage Goli Soda sees strong demand in US, Europe, and Gulf
Updated On : 23 Mar 2025 | 1:19 PM IST

As Trump cuts funding, Europe looks to poach top researchers from the US

A coalition of 12 European governments is pushing for measures to attract US researchers as Trump's administration enforces deep funding cuts in education and research

As Trump cuts funding, Europe looks to poach top researchers from the US
Updated On : 20 Mar 2025 | 10:12 AM IST

We're keen to join India-Middle East-Europe Corridor: Egypt's trade min

Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, on Wednesday said his country is keen to join the India-Middle East-Europe Economic Corridor (IMEE Corridor), positioning the country as a vital link in this ambitious trade network. El-Khatib highlighted Egypt's trade infrastructure and strategic location as compelling reasons for its inclusion. Trade corridors are always welcomed, and we feel our location is unique, El-Khatib said, explicitly signalling Egypt's interest in the IMEE Corridor. We told our Indian friends yesterday: you need to look at this. Our infrastructure is already in place, connected to major ports like Alexandria, and it's ready, the Egyptian minister told PTI Videos. Unveiled on September 9, 2023, during the G20 Summit in New Delhi, the corridor was formalized through a Memorandum of Understanding (MoU) signed by India, the United States, the United Arab Emirates (UAE), Saudi Arabia, France, Germany, Italy, and the European Union (EU). The

We're keen to join India-Middle East-Europe Corridor: Egypt's trade min
Updated On : 19 Mar 2025 | 10:52 PM IST

Here's why Europe, Canada are eyeing alternatives to US-made fighter jets

Questions are mounting in Canada and in Europe over whether big-ticket purchases of high-end US weaponry, such as the F-35 Joint Strike Fighter, are still a wise strategic choice for Western countries worried about their investment in US defence technology. In less than two months, US President Donald Trump has upended decades of US foreign policy. He has left NATO members questioning whether the US will honour the alliance's commitment to defend each other if other European countries are attacked by Russia. He's also made repeat overtures to Russia and suspended most US foreign aid. And Pete Hegseth, Trump's defence secretary, last month told a gathering of European defence ministers that stark strategic realities prevent the US from being primarily focused on the security of Europe. That could impact foreign sales of the Lockheed Martin-produced F-35 and other advanced US jets like the F-16. As the war in Ukraine continues into its fourth year, it's become clear that Eastern ...

Here's why Europe, Canada are eyeing alternatives to US-made fighter jets
Updated On : 19 Mar 2025 | 1:24 PM IST