Page 7 - European Commission

European Union dims hopes for a price cap to contain soaring gas costs

The European Commission presented its analysis of possible actions to contain gas prices at a meeting with representatives of national governments in Brussels on Monday

Europe approves world's first one-dose drug to protect babies against RSV

The European Commission has authorised the world's first one-dose drug against a respiratory virus that sickens millions of babies and children globally every year. In a statement on Friday, drugmakers Sanofi and AstraZeneca said the European Commission had given the green light to nirsevimab, a laboratory-developed antibody designed to protect infants during their first exposure to RSV, or respiratory syncytial virus, a highly contagious common infection that infects nearly all babies by age 2. At the moment, babies at high risk of the disease can be given monthly shots to protect them during RSV season. In September, the European Medicines Agency recommended that nirsevimab, sold as Beyfortus, be authorised based on advanced research that showed the drug reduced the chances that babies with RSV needed medical attention and appeared to be safe, compared to infants who got a dummy treatment. The drug is given in a single injection. We are excited about the opportunity to expand ...

Higher gas prices raise difficult questions for Reliance, Adani Group

The 153% jump in prices of natural gas this year has raised the stakes for the government of India to get its policy right in the sector

European Commissioner for Energy to visit India from September 7-8

In her first visit to India, European Commissioner for Energy Kadri Simson will be in the country from September 7-8 to explore means to boost two-way energy cooperation. The European Union said Simson's visit to Delhi signals the grouping's strong engagement with India in the area of energy. The 27-nation EU and India have robust cooperation in the fight against climate change and biodiversity loss. Simson said as the world faces an energy crisis and climate change challenge, India, with its vast renewable resources, has a strategic role to play in the clean energy transition. The EU and India established a 'Clean Energy and Climate Partnership' in 2016 and have been working closely together on clean energy transition, speeding up the deployment of renewable energy, promoting energy efficiency, collaborating on smart grid and storage technology and modernising the electricity market. Commissioner Simson will hold bilateral meetings with relevant Indian ministers, officials of the

Keeping Europe warm this winter will come down to Asia's weather amid war

The Asian countries, among the world's biggest importers of liquefied natural gas and seaborne coal, all share a peak heating demand season during the winter with Europe

Ukraine set to be approved as EU candidate after Commission's nod

During a summit in Brussels on Thursday, Ukraine is set to be approved as an European Union (EU) candidate after the European Commission gave the go-ahead

Amazon offers to share data, boost rivals to dodge EU fines: Report

The world's largest online retailer is hoping its concessions will stave off a potential European Union fine that could be as much as 10% of its global turnover

EU antitrust probe: Google offers to let ad rivals place YouTube ads

The EU competition watchdog singled out Google's requirement that advertisers use its Ad Manager to display ads on YouTube and potential restrictions on the way in which rivals serve ads on YouTube

EU announces additional $220 mn aid for Ukraine amid humanitarian crisis

Amid the Russian invasion of Ukraine, the European Commission has announced another 205 million euros ($220 million) in aid for the war-ravaged country to abate the soaring humanitarian crisis

European Union agrees on 40% quota for women on company boards

The European Commission, the bloc's executive arm, first proposed the legislation in 2012 and formal adoption still requires approval by the parliament and the 27 member states

EU says working hard to facilitate food exports from war-hit Ukraine

European Commission President Ursula von der Leyen has said her institution was working hard on building "solidarity lanes" to facilitate food exports from Ukraine

We'll do everything to ensure Ukraine wins this war: European Commission

Asserting that Russia's aggression against Ukraine must be countered, European Commission President Ursula von der Leyen on Tuesday said Ukraine must win this war

Ukraine comes to Davos gathering of business leaders, Russia is missing

Ukraine is top of the agenda for the four-day meeting, which kicks with a video address by Ukrainian President Volodymyr Zelenskiy.

European Union gives companies green light to keep Russian gas flowing

The European Commission sent its revised guidelines to member states on Friday, a spokesperson said on Monday

EU tweaks plan for Russian oil sanction to aid reluctant states

Offers Hungary, Slovakia, Czech Republic more time to adapt

EU backs Lithuania's plan to aid firms amid China's trade restrictions

The European Commission said in a statement that the scheme will be open to companies from all sectors, except for the finance, agriculture and forestry, as well as fisheries and aquaculture sector

EU ready to face suspension of Russian gas deliveries: Ursula von der Leyen

The Russian gas supplier Gazprom announced earlier on Wednesday that it was fully stopping its gas deliveries to Poland and Bulgaria, due to the two EU member states' "failure to pay in rubles"

EU estimates between 60% to 80% of its population by now has had Covid

The European Commission said that between 60% and 80% of the EU population was estimated to have been infected with Covid-19

What happens in Ukraine will have impact on Indo-Pacific: EU chief

She said the world's response to Russia's aggression will decide the future of both the international system and the global economy

Live: Russia says US sending more arms to Ukraine will be 'unacceptable'

Live news updates: Washington's top diplomat and its defence secretary meet Ukrainian President Volodomyr Zelenskiy in Kyiv.