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European Union News
Brexit talks: EU President Tusk says 'most difficult challenge' ahead
Fri, Dec 08, 2017
EU President Donald Tusk warned that talks on a post-Brexit trade deal and transition period would be even more difficult than a hard-won agreement on divorce terms that was sealed today.
Companies prepare for disorderly Brexit as talks stall
Thu, Dec 07, 2017
Big companies are stepping up their plans in case Britain crashes out of the European Union without a deal as Prime Minister Theresa May struggles to get talks back on track after a major setback.
European Union to decide on tax haven blacklist, assess U.S. tax reform
Tue, Dec 05, 2017
European Union finance ministers plan to adopt a blacklist of tax havens and assess the impact of the United States` planned tax overhaul in a meeting on Tuesday in Brussels.
Bitcoin hits record high of nearly $11,800 after futures lift
Mon, Dec 04, 2017
Bitcoin powered to a record high just below $11,800 on Sunday, continuing its surge from below $1,000 at the start of the year.
Govt to prepare detailed research report to promote exports
Sun, Dec 03, 2017
Recently, Prabhu made a case for treating support measures to promote exports as investment and not subsidies, arguing that outbound shipments contribute in a big way to boosting growth.Exports in October had entered the negative zone again, dropping 1.12%.
No breakthrough in Brexit talks as new deadline approaches
Sat, Nov 25, 2017
At a summit in Brussels, May met with German Chancellor Angela Merkel, the leaders of Belgium, Denmark, Lithuania and European Council President Donald Tusk, seeking to move the talks onto future relations between Britain and the EU, especially their trade ties.
India needs over $200 billion of investment in renewable infrastructure
Tue, Nov 21, 2017
India`s decarbonisation policy is in line with global trends which, since 2011, have been seeing investments in renewable energy infrastructure running at two-three times of that for new fossil fuel capacities, Tim Buckley, Director of Energy Finance Studies Australasia with the Institute for Energy Economics and Financial Analysis (IEEFA), said.
Two weeks to unlock Brexit, EU tells Britain's May
Sat, Nov 18, 2017
May met fellow leaders on the sidelines of an EU summit in Gothenburg, Sweden, to try to break the deadlock over how much Britain will pay on leaving the bloc in 16 months. She signalled again that she would increase an initial offer that is estimated at some 20 billion euros, about a third of what Brussels wants.
European Union to discuss blacklist of tax havens after Paradise Papers leaks
Mon, Nov 06, 2017
The decision to include the subject in the monthly meeting`s agenda came after the publication over the weekend in several media of the so-called Paradise Papers, a trove of leaked financial documents mostly from law firm Appleby that exposed dealings with tax havens by top public figures.
Apple, Volkswagen, BMW warn EU over patent fees guidelines
Thu, Oct 26, 2017
The move comes as the EU executive ponders whether a fridge maker should pay a different rate for crucial patents than a carmaker, or whether a flat, fixed rate would be fairer.
British luxury car exports to India on rise
Sun, Jul 30, 2017
Indian demand for UK's premium cars rose 8.3% in the first half of 2017. Over the same period, the number of Indian-built models registered by British buyers rose by almost half (48.6%) to 21,135 units.
India to be world's biggest milk producer by 2026
Sat, Jul 29, 2017
India`s milk output, which was 160.38 million tonnes in 2016, is expected to reach 227.78 million tonnes by 2026, according to the OECD-FAO Agricultural Outlook 2017-2026 report released here this week.
India stares at losing Rs 1700 crore worth of EU basmati exports to Pakistan
Wed, Jul 05, 2017
Ahead of the visit of an Indian delegation to the EU to resolve the basmati rice issue, grain exporters body AIREA today said tough norms by the European Commission will hit the exports badly as the trade worth over Rs 1,700 crore could shift to Pakistan.
Britain to hold special two-year parliament session to tackle Brexit
Sun, Jun 18, 2017
The British parliament will hold a rare two-year legislative session to tackle the complexities of Britain`s departure from the European Union, the government said on Saturday.
Google facing EU ban over search engine dominance
Sat, Jun 17, 2017
Accused of manipulating its search engine results to favour its new shopping service, search engine Google may face a record-breaking fine from Brussels of nearly $1.1 billion, media reported on Friday.
Gold slips; early UK poll results point to hung parliament
Fri, Jun 09, 2017
The prices of gold declined on Friday ahead of the UK election verdict with early results suggesting no clear winner for one single party.
India's strong growth offers opportunities for Spanish firms, says PM Narendra Modi
Wed, May 31, 2017
Prime minister Narendra Modi during his visit to Spain on Wednesday said that India's strong economic growth offers many opportunities for Spanish firms to invest in the country in fields of infrastructure, defence, tourism and energy, among others.
Cyber attack hits 200,000 in at least 150 countries: Europol
Sun, May 14, 2017
According to European Union's police agency Europol the cyber attack on Friday has hit 200,000 victims in at least 150 countries and the numbers may go when people return to work on Monday.
Britain set to lose 9,000 bank jobs as they plan to move due of Brexit
Mon, May 08, 2017
Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit.
Facing election defeat, France's Le Pen flip-flops on euro
Mon, May 01, 2017
Voter surveys show Macron winning next Sunday with 59-60 percent of the vote, and Le Pen`s plans to quit the EU and the euro are among the least popular policies in her protectionist, anti-immigration electoral platform.