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European Commission News
Lufthansa accepts tweaked demands by Brussels over state bailout
Sat, May 30, 2020
Lufthansa`s management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout.
Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels
Sat, May 30, 2020
Lufthansa`s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro government bailout, the carrier said on Saturday.
EU investigates Qualcomm over radio-frequency chips
Thu, Feb 06, 2020
Qualcomm Inc on Wednesday detailed the first significant sales gains from a new category of chip it is selling to mobile phone makers, but also disclosed that an antitrust investigation has started around those chips
We are working on long-term sustainable European operations: Tata Steel CEO & MD TV Narendran
Tue, May 14, 2019
After the European Commission's move, Tata Steel-Thyssenkrupp JV is out and the Indian steel major is now working on a long-term sustainable European plan as an alternative.
ArcelorMittal gets European Commission nod to sell steel-making assets in Europe to Liberty House
Wed, Apr 17, 2019
ArcelorMittal on Wednesday said that it has received approval from the European Commission to sell steel-making assets in Europe to Liberty House.
EU reviewing last-minute concessions from Siemens and Alstom on rail deal
Sun, Jan 27, 2019
The European Commission is reviewing last-minute changes from Alstom and Siemens aimed at getting a green light for the planned merger of their rail activities, EU Competition Commissioner Margrethe Vestager told Reuters.
Swiss President Alain Berset to discuss trade pacts with Modi in Davos
Fri, Jan 19, 2018
The Swiss government statement on topics for the meeting of the two leaders did not mention black money, an issue which has been central to most of the high-level deliberations between the two countries.
Skype loses Belgian court appeal after fails to comply with call data order
Wed, Nov 15, 2017
Microsoft`s online communication service Skype lost an appeal in Belgium after it failed to comply with a court request to share data from messages and calls.
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 2.42 billion euro antitrust fine
Tue, Jun 27, 2017
The Commission found that Google had systematically given prominent placement in searches to its own comparison shopping service and demoted those of rivals in search results.
EU recommends suspending hundreds of drugs tested by Indian firm
Sat, Mar 25, 2017
In 2015, Europe banned around 700 medicines that had been approved based on clinical trial data provided by GVK Biosciences, then India’s largest CRO.
EU open to compromise on some parts of mobile industry agenda
Wed, Mar 01, 2017
At a closed-door meeting on Monday with senior mobile industry executives, commissioner Andrus Ansip said he supported compromise on an issue the industry considers critical, longer-term licences for airwave spectrums, according to a senior source present at the meeting.
LSE agrees clearing house sale for Deutsche Boerse merger
Tue, Jan 03, 2017
The London Stock Exchange (LSE) said on Tuesday it has agreed to offload the French arm of clearing house LCH to European rival Euronext as it seeks a merger with Deutsche Boerse.
EU charges Facebook over Whatsapp takeover probe
Wed, Dec 21, 2016
The European Commission (EC) has charged Facebook Inc with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1% of its turnover.
Apple challenges EU's $14 billion tax demand
Mon, Dec 19, 2016
Apple has launched a legal challenge to counter EU's demand for it to pay $14 billion in taxes.
Ireland claims EU breaching sovereignty in Apple tax ruling
Mon, Dec 19, 2016
Ireland set out its arguments on Monday against a European Commission ruling that tech firm Apple should pay billions in back-taxes to Dublin, claiming the European Union (EU) executive arm has interfered in state sovereignty.
Portugal's CGD bank boss quits after weeks of pressure
Mon, Nov 28, 2016
The board chairman of Portugal's troubled state-owned Caixa Geral de Depositos (CGD) bank has resigned after weeks of pressure as he refused to declare his assets, the government announced late on Sunday.
EU’s tax allegations have no basis in fact or law, says Apple Inc's Tim Cook
Wed, Aug 31, 2016
Written in response to the hefty tax bill amounting to $14.5 billion that Apple Inc would need to pay to European Commission, CEO Tim Cook fought back with an open letter on Tuesday.
Apple may have to pay over $1 billion as EU to rule against Irish tax laws
Tue, Aug 30, 2016
The European Commission accused Ireland in 2014 of dodging international tax rules by letting Apple shelter profits worth tens of billions of dollars from tax collectors in return for maintaining jobs.