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WhatsApp working on GDPR data privacy option for users: Report
Tue, Feb 13, 2018
As the European Union (EU) prepares to introduce the General Data Protection Regulation (GDPR) in May to harmonise data privacy laws, Facebook-owned WhatsApp is reportedly working on a new data privacy option in compliance with the new legislation.
EU wants to restrict single market access to UK
Wed, Feb 07, 2018
The European Union (EU) wants to be able to restrict the UK`s access to the single market if there is a dispute after Brexit, according to a leaked document.
Disorderly Brexit would renew pressure on Britain credit rating: S&P Global
Mon, Feb 05, 2018
S&P cut Britain`s previously triple-A rating by two-notches to AA with a negative outlook, after the mid-2016 Brexit vote.
British PM's key adviser quits over Brexit
Sat, Dec 30, 2017
Adonis, who was appointed as her infrastructure adviser in 2015, said May was "pursuing a course fraught with danger" over the UK`s EU departure, the BBC reported.
Guatemala to move embassy to Jerusalem, backing Donald Trump
Mon, Dec 25, 2017
Guatemalan President Jimmy Morales said on Sunday he had given instructions to move the Central American country`s embassy in Israel to Jerusalem, a few days after his government backed the United States in a row over the city`s status.
Euro zone needs 19 healthy economies, not special budget, says Dutch PM
Fri, Dec 15, 2017
The euro zone does not need a special budget to help deal with crises, but rather 19 healthy national budgets that can withstand economic shocks, Dutch Prime Ministers Mark Rutte will tell his fellow European Union leaders on Friday.
UK keeps top financial sector global ranking, Brexit seen as risk
Fri, Dec 15, 2017
Britain is sending a trade delegation to China this weekend that will include financial services firms such as the London Stock Exchange to drum up business to help plug any gap in business lost due to Brexit.
Some WTO members to push for e-commerce rules as broader deal fails
Thu, Dec 14, 2017
A group of 70 World Trade Organization countries pledged on Wednesday to work toward new electronic commerce trade rules that promote open and predictable regulations, joining the initiative as a broader WTO agreement failed.
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.