Page 8 - European Union

India will continue to buy Russian oil as required, says FM Sitharaman

Finance Minister Nirmala Sitharaman said India will keep buying Russian oil, stressing that the country's energy decisions are guided by national interest and citizens' needs

Trump urges European leaders to stop Russian oil imports, cites Ukraine war

In a 'Coalition of the Willing' call, US President Donald Trump urged European leaders to stop buying Russian oil that funds the war in Ukraine and called for stronger security support

EU ban on Russian fuel: India's diesel exports to Europe surge 137% in Aug

Analysts credited the surge in Europe's demand to multiple factors, including an unexpected early maintenance at a major refinery and projected winter demand

PM Modi, EU leadership pledge to conclude FTA negotiations by year-end

PM Modi held a joint phone call with EU leaders, pledging to conclude the FTA talks by year-end, discuss the 2026 India-EU Summit, and advance the India-Middle East-Europe Economic Corridor (IMEEC)

Russia calls GPS jamming claims on von der Leyen's plane 'preposterous'

Russian Foreign Ministry spokeswoman Maria Zakharova said Moscow will continue to combat "the West's web of lies" aimed at discrediting Russia on the world stage

EU chief Ursula Von der Leyen's flight hit by suspected Russian GPS jamming

EU chief's flight lost navigation signals near Bulgaria's Plovdiv airport, highlighting rising GPS jamming across Europe since Russia's invasion of Ukraine

European defence leaders meet amid outrage over Russian airstrike on Kyiv

European defence ministers are meeting in Copenhagen to discuss the war in Ukraine, the day after a Russian air assault on Kyiv killed 23 people and badly damaged a European diplomatic compound. Outrage over the attack propelled the political leaders of Europe's armed forces to condemn Russia even before Friday's meeting and call for stronger measures on Moscow like seizing frozen assets, further sanctions and increasing support for Ukraine's military and membership in the European Union. They will also discuss European troops' deployment in Ukraine to guarantee security and monitor a peace that seems distant as American efforts to broker peace between Ukraine and Russia appear stalled. Everybody understands that, considering how (Russian President Vladimir) Putin is mocking the peace efforts, the only thing that works is pressure, said Kaja Kallas, foreign policy chief for the European Union. Two missiles landed about 50 metres from an EU diplomatic mission in Kyiv, shattering the

Tesla EU sales plunge 40% in July as anger at Musk drives 7th monthly drop

Europeans angry at Elon Musk still aren't buying his cars months after the billionaire predicted a major rebound in Tesla sales, data released Thursday shows. Tesla sales plunged 40 per cent in July in the 27 European Union countries compared with the year earlier even as sales overall of electric vehicle soared, according to the European Automobile Manufacturers' Association. Meanwhile sales of Chinese rival BYD continued to climb fast, grabbing 1.1 per cent market share of all car sales in the month versus Tesla's 0.7 per cent. Tesla stock fell 1.5 per cent in afternoon trading Thursday. Musk angered many Europeans by wading into politics there, embracing far-right candidates, calling a British prime minister an evil tyrant who belongs in prison and telling Germans things will get very, very much worse in their country if they didn't vote for the anti-immigrant Alternative for Germany party. Protests broke out in several cities, including a hanging of the billionaire in effigy in

Russian missiles hit Ukraine, damage EU mission and British council offices

Russia said its attack had hit military industrial facilities and air bases, and that Ukraine had also attacked Russian targets. The Kremlin said it was still interested in pursuing peace talks

Finland's President Stubb, PM Modi discuss India-EU trade and tech ties

Finland's President Alexander Stubb on Tuesday reiterated his country's support for an early conclusion of a mutually beneficial India-EU Free Trade Agreement in a phone call to Prime Minister Narendra Modi. A PMO statement said the two leaders also reviewed progress in the India-Finland bilateral relationship and reaffirmed their commitment to enhance partnership in emerging fields, including quantum technologies, 6G, artificial intelligence, cybersecurity and sustainability. Stubb affirmed support for the success of the AI Impact Summit to be hosted by India in 2026, it added. The statement said Stubb shared his assessment with Modi on the recent meetings held between the leaders of Europe, the United States and Ukraine in Washington on the resolution of the conflict in Ukraine. Modi reiterated India's consistent support for the peaceful resolution of the conflict and early restoration of peace and stability, it added.

EU clears twice-yearly HIV shot lenacapavir, paving way for Europe rollout

The drug, called lenacapavir, is a form of pre-exposure prophylaxis (PrEP) that prevents the virus from replicating and spreading within the body

SOCAR Turkey CFO Teymur Abasguliyev to head Nayara Energy as CEO

Russian oil giant Rosneft-backed Nayara Energy has appointed Teymur Abasguliyev as the new CEO of the company, replacing a European national who had to resign following EU sanctions on the company. The appointment of Abasguliyev, an Azerbaijan national who currently as the chief financial officer at SOCAR Turkiye Enerji A.S, was confirmed by the Nayara board at its meeting on Tuesday, two sources aware of the matter said. Nayara spokesperson did not immediately respond to an email sent for comments. Educated at Azerbaijan's Baku State University, Abasguliyev previously worked at PricewaterhouseCoopers from 1996 to 2013. He has been the CFO of Group Companies at SOCAR Trkiye Enerji A.S. since 2013. Nayara Chief Executive Alessandro Des Dorides had to quit shortly after the European Union imposed sanctions on the refiner as part of a new raft of measures against Russia over its war with Ukraine. Sergey Denisov, who was Nayara's Chief Development Officer, was named the interim CEO ..

EU defends digital tax rules after Trump warns of tariffs on tech firms

Trump has long railed against EU tech and antitrust regulation over US tech giants including Alphabet Inc.'s Google, Apple Inc. and Meta Platforms Inc

Commerce Secretary Sunil Barthwal to push FTA talks with EU in September

Finalising a trade deal with the trade bloc has been a key priority for New Delhi, and it has now become even more critical

That Oval Office frame & India: Lessons from Trump's deal with Europe

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India

EU, US set new steps to cut tariffs and boost transatlantic trade

The development underscores the nature of trade talks under Trump, with some initial, broad pronouncements of deals giving way to weeks or more of work to hammer out detailed agreements

Sanctions-hit Nayara Energy uses dark fleet to import oil, transport fuels

Nayara, which controls about 8 per cent of India's 5.2 million barrel-per-day refining capacity, has been struggling to transport fuel since being placed under EU sanctions

Ukraine peace push: Key takeaways from Trump-Zelenskyy White House talks

Ukrainian President Volodymyr Zelenskyy and European leaders met Donald Trump at the White House to discuss ending the war, with talks on peace, weapons support and a meeting with Putin

Trump meets Zelenskyy, European leaders at White House: What they said

Trump met Zelenskyy and European leaders at the White House to discuss ending the Russia-Ukraine conflict; leaders stressed ceasefire, unity, and security guarantees

Trump meets Zelenskyy, says Ukraine war might be the 'easiest to end'

Trump met Zelenskyy at the White House, days after talks with Putin in Alaska, and said both leaders wanted peace as European leaders joined negotiations on Ukraine