Page 82 - European Union

Price cap won't largely affect Russian gas supply, says Estonian minister

Any price cap EU countries might set on gas from Russia probably won't make a large difference on the supply of it to Europe, Estonia's energy minister said

We will cap Russia gas price despite Putin's warning: European Union

Putin has warned that contracts could be discarded in the event of price caps

Russia gas price cap political agenda, no focus on EU energy crisis: Prague

The Czech Republic, which currently holds the rotating Presidency of the Council of the European Union wants to remove capping Russian gas prices from the agenda of this Friday's meeting

Apollo Tyres' stock racing ahead on improving outlook, growth in EU

While volumes are rising, there are interesting structural changes taking place in the sector

Europe can learn a lot on fiscal arrangements from India. But it won't

Europe is a large number of independent countries. How do you get them to cooperate within a common framework?

Lengthier visa application, fee hike for Russians entering European Union

Under new rules proposed by the European Union (EU), Russians will now have to face a lengthier visa application process and see fees rise from 35 euros ($34) to 80 euros ($79)

'Ask Siemens Energy', says Gazprom on resumption of Nord Stream 1

Gazprom on Friday said the Nord Stream 1 pipeline, Europe's major supply route, would remain shut as a turbine at a compressor station had an engine oil leak, sending wholesale gas prices soaring.

European Union blocks merger of US firms in cancer screening sector

The European Union's anti-trust watchdog announced on Tuesday that it is blocking the buyout of cancer-screening company GRAIL by biotech giant Illumina in a rare move by European regulators against two US companies. Illumina is a major supplier of next-generation sequencing (NGS) systems for genetic and genomic analysis, while GRAIL is a health company developing blood tests to try to catch cancer early. Illumina announced an $8 billion acquisition of GRAIL in 2020. But the European Commission, which polices competition issues, said the buyout would have enabled and incentivised Illumina to foreclose GRAIL's rivals, who are dependent on Illumina's technology, from access to an essential input they need to develop and market their own tests. Commission Executive Vice-President Margrethe Vestager said that it is vital to preserve competition between early cancer detection test developers at this critical stage of development. As Illumina did not put forward remedies that would have .

Windfall profit taxes are pure economic populism and thus bad policy

Germany's government just became the latest to ingratiate itself with angry voters by promising a windfall tax on energy companies

EU gas prices surge 30% as Russia shuts main pipeline: Report

The Dutch TTF October gas contract had eased to 256 euros, up 23 per cent on the day by 0723 GMT but almost 400 per cent higher than a year ago.

Kremlin pledges serious measures if EU puts visa restrictions on Russians

Moscow will take serious retaliatory measures if the EU formally introduces visa restrictions on Russian citizens, Kremlin spokesman Dmitry Peskov said

Gazprom postpones reopening of key gas pipeline Nord Stream to Europe

It's a massive blow to Europe, which is scrambling to cut its dependency on Russian gas before winter and has been waiting for Moscow's next steps in the energy war

EU foreign ministers to suspend visa facilitation agreement with Russia

Foreign Ministers of the European Union (EU) member states have agreed to suspend a visa agreement with Moscow, making it harder for Russian citizens to obtain entry to the bloc

Belgian PM urges EU to take responsibility, manage soaring energy prices

The Belgian Prime Minister also called for the responsibility of every citizen to reduce their energy consumption

EU complicates travel rules for Russians, but baulks at visa ban

The EU was too divided to agree at this stage on a blanket ban, and also left unclear what measures Estonia, Latvia, Lithuania, Poland and Finland could take to restrict access to Russian visitors

iPhone 14 coming on Sept 7: Will it be the last one to use lightning port

Apple is all set to unveil the range of iPhone, the iPhone 14 series on September 7. The latest iPhone series is expected to come out in four variants

Goyal reviews ongoing FTAs; deliberates ways to fast track negotiations

India is currently negotiating trade deals with developed nations such as the United Kingdom (UK), Canada and the European Union (EU).

Germany, France reject EU visa ban on Russians in a joint position paper

It warns against comprehensive restrictions on issuing visas and stresses the importance of not alienating future generations of Russians

EU Defence Ministers mull military training programme for Ukraine

The meeting in Prague is in the Gymnich format, but no legal decision is possible as the talks are taking place informally

EU expresses concern over protests in Iraq, calls for no further violence

Expressing concern over the ongoing protests in Iraq after the Shi'ite cleric announced quitting politics, the European Union urged all the parties to exercise restraint "to prevent further violence"