Page 89 - European Union

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 agrees on common charger for portable electronic devices by 2024

Chargers will be harmonized for small and medium-sized portable electronic devices by 2024 in the European Union (EU), negotiators of the European Parliament and the Council have agreed.

In setback for Apple, EU agrees on common charging port deal

Phones and tablet makers will have to comply with new rules by September 2024

EU countries clinch deal on single mobile charging port in blow to Apple

Brussels has been pushing for a single mobile charging port for more than a decade, prompted by complaints from iPhone and Android users about having to switch to different chargers for their devices

EU blames Kremlin for looming food crisis, Russian UN envoy walks out

European Council President Charles Michel accused Russia of using food supplies as a stealth missile against developing countries and blamed the Kremlin for the looming global food crisis

Trade talks with EU to begin on June 17: Commerce Minister Piyush Goyal

The effort is to provide market access and new opportunities for our exporters and consequently give fishermen a better future, Goyal said

The Russian invasion of Ukraine has unified Europe but for how long

Historians will surely record Russia's invasion of Ukraine as a transformative moment - yet what kind of transformation is harder to say

European Union to ban insurance for tankers that carry Russian oil

Ship insurance companies not only cover the physical damage to the hull and machinery of the vessel but also provide protection and indemnity (P&I) against third-party liability

EU sanctions on Russia fuel high inflation, expose internal rifts

EU's decision earlier this week to ban 90 per cent of oil imports from Russia by the end of the year is aimed at crimping the Russian economy amid the high-profile crisis in Ukraine

India and EU need to work together for green future, says EU envoy

Asserting that Delhi's role in green hydrogen is important, Ugo Astuto, Ambassador of the European Union to India and Bhutan said that both India and the EU need to work together for a green future

Another sanctions package

India should be cautious about its Russian oil purchases

Oil prices strengthen on EU's Russian oil ban, end of Shanghai lockdown

Brent crude was up $1.83, or 1.6%, at $117.46 a barrel as of 11:56 a.m. EDT (1556 GMT). U.S. West Texas Intermediate crude gained $1.77, or 1.6%, to $116.45.

Western nations vow to send more, better arms to bolster Ukraine's defence

Western nations promised more and more advanced arms to bolster Ukraine's defence as its troops battled a grinding Russian offensive that was closing in on capturing a key city in the east. Germany said Wednesday it will supply Ukraine with modern anti-aircraft missiles and radar systems, and the US will unveil a new weapons package later in the day that will include high-tech, medium-range rocket systems. The Kremlin spokesman told reporters Wednesday that the U.S. is pouring fuel on the fire. Western arms have been critical to Ukraine's success in stymieing Russia's much larger and better equipped military thwarting its initial efforts to take the capital and forcing Moscow to shift its focus instead to the eastern industrial Donbas region. But as the war drags on and Russia bombards towns in its inching advance in the east, Ukraine has repeatedly pleaded for more and better weapons. Ukrainian President Volodymyr Zelenskyy has occasionally criticized the West for moving too slow

EU may introduce insurance ban for ships carrying Russian oil: Ukraine

This ban is one of the most serious financial instruments of the EU's influence that the bloc has at its disposal to harm the Russian economy, Andriy Yermak, Head of Office of the Ukraine Prez said

Oil prices firm up as EU agrees to Russian energy ban, China ends lockdown

Brent crude was up $1.71, or 1.5%, at $117.31 a barrel by 0817 GMT. U.S. West Texas Intermediate (WTI) crude rose $1.67, or 1.5%, to $116.34.

High energy prices, Asian markets could blunt EU ban on Russian oil

EU's decision to ban Russia oil over Ukraine invasion is a blow to Moscow's economy but its effects may be blunted by rising energy prices and other nations willing to buy petroleum, experts say

Oil prices open higher on EU Russian oil ban, end of Shanghai lockdown

Oil prices rose in early Asian trade today after EU leaders agreed to a partial and phased ban on Russian oil and China ended its Covid-19 lockdown in Shanghai

Brent tops $124 as European Union to ban 90% of Russia oil by year-end

Ban likely to cost moscow billions of dollars every year

Oil prices' bull run continues as EU agrees to ban Russian oil supply

LONDON (Reuters) -Oil prices extended a bull run on Tuesday after the EU agreed to a partial ban on Russian oil and China decided to lift some coronavirus restrictions amid rising demand ahead of peak U.S. and European summer driving season.

India's textiles exports highest-ever in FY22 at $44.4 bn, says govt

The exports tally, which also includes handicrafts, indicates a substantial increase of 41 per cent and 26 per cent over corresponding figures in FY21 and FY20, respectively.