Page 143 - European Union

Warning of economic slump ahead, Lagarde urges EU to agree on stimulus plan

Now, they are divided over the size and terms of the recovery fund, which the Commission has suggested be split into two-thirds grants and one-third loans

World coronavirus dispatch: Fresh outbreak in Beijing gathering momentum

Hundreds of flights in and out of Beijing were cancelled on Wednesday as authorities stepped up measures to rein in a sudden outbreak of coronavirus in the Chinese capital

European Union opens two antitrust probes against Apple's app store

The EU's executive Commission said it launched a formal investigation of Apple Pay over allegations that the US tech giant refuses access to the payment system in some cases

Apple faces second EU probe over 30% App Store commission rate: Report

As per the complaint, charging 30% commission for e-books sold through the App Store was anti-competitive

EU antitrust watchdog set to press charges against Amazon: Report

When providing a marketplace for independent sellers, Amazon continuously collects data about the activity on its platform

Amazon faces escalating European Union antitrust probe into sales data

The complaint is expected to lay out investigators' evidence into Amazon's alleged misuse of merchants' data on the online sales platform

Covid-19 impact: Lufthansa says 22,000 jobs could go in costs purge

The carrier may also face a fare war with European discounters led by Ryanair Holdings and years of sluggish demand on usually money-spinning long-haul routes.

World Coronavirus Dispatch: EU slams China over fake Covid-19 info

Cases in US cross two million as infections rise in at least 20 states, Amazon, Ebay ordered to stop shipping unproven Covid products

EU countries agree on coordinated, non-discriminatory lifting of travel ban

The Ministers discussed the expected time frames within which border checks will be abolished once the health situation in a particular member state makes it possible

Leading with empathy, humility and dialogue

To an extent, leaders do sell dreams to their followers but that should not become a litany of unfulfilled promises

World marches for George Floyd as outrage grows; EU 'shocked, appalled'

Chanting Black Lives Matter and I can't breathe," about 3,000 protesters held an impassioned but peaceful march through central Sydney on Tuesday demanding fundamental change in race relations.

Covid-19 crisis: EU urges Donald Trump to rethink cutting funding to WHO

Trump on Friday charged that the WHO didn't respond adequately to the pandemic, accusing the UN agency of being under China's total control.

Lufthansa refuses to accept EU conditions on $10-billion bailout

Airlines including Air France-KLM and the main U.S. carriers have all sought government aid to ride out the coronavirus crisis, which has brought air travel to a near-halt.

Germany set to take Lufthansa stake in landmark $9.8-billion bailout

The aid package involves taking an initial 20 per cent stake that could rise to a blocking minority of 25 per cent plus one share in the event of a hostile takeover, the carrier said on Monday.

China's syndromes

Multiple motives behind military escalation

First major EU GDPR decision soon on Twitter, Facebook data practices

Twitter may be the first big technology firm to face a fine over tougher data protection rules

Covid-19: EU agrees to phased border reopening to revive tourism sector

The recommendations suggest that blanket restrictions to free movement should be gradually replaced by "more targeted measures."

EU's revised list includes Mauritius among high risk jurisdictions

Impact on India investments via Mauritius likely to be minimal

China's exports up 3.5% in April despite coronavirus hitting demand

Economists had forecast that exports would shrink by 11% while imports would contract by 10%.

Covid-19 to push UK economy towards deepest recession: Bank of England

It would also be the sharpest annual contraction since 1706, according to reconstructed Bank of England data going back to the 18th Century