Page 114 - European Union

Nike loses Court spat over European Union's crackdown on tax affairs

The European Commission complied with procedural rules when it decided to scrutinize the sportswear giant, the EU's General Court ruled on Wednesday, dismissing Nike's appeal

European Union proposes world's first carbon border tax for some imports

A transitional phase from 2023-25 will see importers monitoring and reporting their emissions

AI-based logistics firm Shyplite launches Shypmax supply chain solution

Shypmax is now live for deliveries to 40+ countries and will be covering delivery to 220 countries progressively

Immunised but banned: EU says not all Covid-19 vaccines are equal

Although AstraZeneca vaccine produced in Europe has been authorised by the continent's drug regulatory agency, the same shot manufactured in India hasn't been given the green light.

China denounces Janet Yellen's call for US-European 'unified front'

China on Tuesday denounced an appeal by Treasury Secretary Janet Yellen for a US-European unified front against Chinese unfair economic practices and human rights abuses. China strongly deplores and rejects Treasury Secretary Yellen's remarks, said a foreign ministry spokesman, Zhao Lijian. Yellen issued the appeal Tuesday during a meeting with European Union officials in Brussels. President Joe Biden is trying to revive traditional alliances following the America First policies of his predecessor, Donald Trump. Together, we need to counter threats to the principles of openness, fair competition, transparency and accountability, Yellen said, according to a text released by her department. These challenges include China's unfair economic practices, malign behavior and human rights abuses, Yellen said. The more we confront these threats with a unified front, the more successful we will be. Zhao rejected the criticism, saying Beijing always firmly supported the multilateral trading .

Global tax deal gets boost as European Union delays push for digital levy

Over the weekend, G-20 nations agreed on the outlines of a global corporate-tax agreement.

Yellen urges EU to back global tax deal, consider more fiscal support

A tax-cut race to the bottom must end, she said

WhatsApp targeted in EU consumer complaints over privacy changes

WhatsApp in January introduced a privacy policy which allows it to share some data with Facebook and other group firms.

European Union puts on hold digital levy plans in face of US criticism

The European Union has put on hold work on plans for a digital levy for the moment

WhatsApp faces EU complaint for 'foisting' updated privacy policy on users

'WhatsApp has been bombarding users for months with aggressive, persistent pop-up messages,' says consumer association.

EU confirms $56.4 billion owed by UK in the post-Brexit settlement

The UK is liable to an amount of 47.5 billion euros ($56.4 billion) to the European Union and the calculation is final, a European Commission spokesperson said here on Friday

UK spurns European Union's $56.2 billion Estimate for Post-Brexit Tab

The accounting seems likely to trigger new discussions with the UK, which estimated in 2018 that the total bill would amount to 41.4 billion euros

European Union's plan for carbon push stokes public backlash fears

A European Union plan to extend carbon pricing to the fuel used in cars and to heat homes is facing a wall of early resistance from countries and lawmakers fearing a public pushback

EU growth forecast for 2021 raised to 4.8%, but with inflation warning

The European Commission increased its growth forecast for the currency bloc to 4.8% from 4.3% previously, while predicting better performance in 2022 too

European Union upbeat over economic growth, concerned about inflation

Real gross domestic product is expected to return to its pre-coronavirus crisis level in the last quarter of this year.

Crypto exchange Binance temporarily suspends payments from EU's key network

Cryptocurrency exchange Binance will temporarily suspend euro bank deposits from one of Europe's key payments networks, it said in an email sent to users

Covishield vaccine jab receivers may be denied entry to European Union

The European Union (EU) is reopening borders to non-EU tourists especially

We expect vaccinated Indians to be treated at par with those in EU: India

India on Friday said it expects that its CoWIN vaccination certificate would be recognised by EU on a reciprocal basis for travel and it is in touch with member states of the bloc over this issue.

China accuses EU of imposing 'unacceptable' preconditions on Xinjiang visit

China has accused the European Union (EU) of imposing "unacceptable" preconditions on a visit to Xinjiang province

Covid-19 pandemic: UK drug regulator shares Covishield data with EU

British Prime Minister Boris Johnson also said that he is "very confident" of the approvals of the Oxford/ AstraZeneca jabs by the EU.