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European Union drags India to WTO over import duties on ICT products
Wed, Apr 03, 2019
The European Union (EU) Tuesday said it has dragged India into WTO's dispute settlement mechanism over imposition of import duties on certain ICT product, including mobile phones, alleging breach of global trade norms.
Facebook plans more fact-checking ahead of European Parliament election
Tue, Mar 19, 2019
Facebook plans to ramp up efforts to fight misinformation ahead of the European Parliament election in May and will partner with German news agency DPA to boost its fact-checking, a senior executive said on Monday.
Does Google harm local search rivals? EU antitrust regulators ask
Sun, Dec 02, 2018
EU antitrust regulators have asked Google`s rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit.
Domestic auto industry seeks cars to be left out of FTA with EU
Sun, May 13, 2018
While in the past, EU had demanded on inclusion of cars in the pact, Indian automobile makers had insisted that such a step will be detrimental to the country's ambition to become a global automotive manufacturing hub. According to industry sources, if such a demand from the EU were to be accepted, India has more to lose specially in the post Brexit scenario
Donald Trump may cause this big calamity to happen, says Standard & Poor's
Mon, Mar 12, 2018
The US had last week raised import duties on steel and aluminium products to 25 per cent and 10 per cent, respectively. According to trade experts, the decision is unlikely to impact exports of these items to America. However, they have expressed fear that such protectionist measures would impact global trade.
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.
Facebook makes privacy push ahead of strict EU law
Mon, Jan 29, 2018
Facebook said on Monday it was publishing its privacy principles for the first time and rolling out educational videos to help users control who has access to their information, as it prepares for the start of a tough new EU data protection law.
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.
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.
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.
EU hits Google with record $2.7 billion fine
Wed, Jun 28, 2017
EU antitrust regulators hit Google with a record 2.4-billion-euro ($2.7 billion) fine for favouring its own shopping service, taking a tough line in the first of three probes of its dominance in searches and smartphone operating systems.
Asia stocks shake off Wall Street blues, sterling steady before Brexit talks
Mon, Jun 19, 2017
Asian stocks rose on Monday, shaking off Wall Street`s uninspiring performance on Friday, while sterling was mostly steady after a van rammed into pedestrians in London even as markets braced for the start of Brexit talks.
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.
Gitanjali Gems among 3 Indian brands in world's top 50 luxury goods cos list
Sun, May 21, 2017
Three Indian brands namely Gitanjali Gems, Titan and PC Jeweller have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.
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.
Srichand & Gopichand Hinduja lead UK's annual billionaires list
Sun, May 07, 2017
Hinduja brothers-Srichand and Gopichand Hinduja- have led the pack of 134 UK-based billionaires list in 2017 by making their fortune from investments in industries such as oil and gas, automotive, IT, energy, media, among others.
EU to exclude financial services from trade deal with UK post-Brexit
Wed, Apr 26, 2017
An earlier version of the guidelines only said that future trade agreement should "not endanger financial stability in the Union and encompass safeguards against unfair competitive advantages