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European Union News
New Sanctions On Russia By European Union, Watch This Video For Details
Wed, Oct 12, 2022
The European Union released the 8th list of sanctions on Russia. Which product has been banned this time? Which domestic companies will benefit? And what will be its effect? Know full details from Nupur.
OPEC+ to cut oil output as prices fall amid fears of global recession
Tue, Sep 06, 2022
OPEC+ has stuck with only cautious increases to make up for deep cuts made during the COVID-19 pandemic, which were finally restored in August.
India, European Union relaunch talks for free trade agreement; Goyal says pact to help unleash significant untapped potential
Sat, Jun 18, 2022
The minister said they were here to relaunch the negotiations for a fair, equitable and balanced free trade agreement (FTA) between the EU and India.
Crude oil prices open higher on European Union's Russian oil ban and end of Shanghai lockdown
Wed, Jun 01, 2022
Oil prices rose in early Asian trade on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and China ended its COVID-19 lockdown in Shanghai.
Crude oil prices rise after European Union bans most Russian oil imports
Tue, May 31, 2022
Brent crude futures for July, which expires on Tuesday, gained 33 cents to $122 a barrel at 0054 GMT. The more active August contract rose 33 cents to $117.93.
Crude oil climbs ahead of European Union meeting on Russia sanctions
Mon, May 30, 2022
Brent crude futures gained 46 cents, or 0.4%, to $119.89 a barrel at 0111 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped 60 cents, or 0.5%, to $115.67 a barrel, extending solid gains from last week.
USA, EU, UK agree to remove selected Russian banks from SWIFT; what will be its impact?
Sun, Feb 27, 2022
The United States, European Union and United Kingdom agreed to block "selected" Russian banks from the SWIFT global financial messaging system and to impose "restrictive measures" on its central bank.
French anti-trust watchdog fines Google 500 mn euros - Here is why
Tue, Jul 13, 2021
Last year, the French competition authority ordered that Google must negotiate deals with news organisations to show extracts of articles in search results, news and other services
EU fines Volkswagen, BMW 875mn euros for emissions cartel
Fri, Jul 09, 2021
The European Commission (EC) on Thursday fined German carmakers Volkswagen and BMW a total of 875 million euros ($1.036 billion) for colluding to curb the use of emission cleaning technology in diesel cars.
EU-US summit seeks to end trade disputes
Wed, Jun 16, 2021
The European Union (EU) and the United States held their first summit in seven years on Tuesday as US President Joe Biden was on his first overseas trip since taking office to revamp the transatlantic ties
EU regulators begin closer scrutiny of $2.1bn Google-Fitbit deal
Sat, Jul 04, 2020
The EU regulators have asked rivals whether the Google-Fitbit deal will disadvantage fitness tracking apps hosted in Google`s Play Store.
European Union, Britain clash over a post-Brexit trade deal
Tue, Feb 04, 2020
The European Union and Britain clashed over a post-Brexit trade deal on Monday, with the two sides setting out very different visions of a future relationship. Britain officially left the EU almost three days ago
Sovereignty comes first: Britain lays out tough stance for EU trade talks
Mon, Feb 03, 2020
Britain laid out a tough opening stance for future talks with the European Union on Sunday, saying it would set its own agenda rather than meeting the bloc`s rules to ensure frictionless trade
Singapore trade deal to boost EU's presence in SE Asia
Wed, Nov 20, 2019
A free trade agreement between the European Union and Singapore will put EU-based businesses closer to one of the worlds fastest-growing consumer markets.
UK PM Johnson loses majority in parliament after lawmaker defects to Liberal Democrats
Tue, Sep 03, 2019
British Prime Minister Boris Johnson lost his working majority in parliament on Tuesday when one of his Conservative lawmakers defected to the pro-European Union Liberal Democrats.
Cambodian PM says China ready to help if EU imposes sanctions
Mon, Apr 29, 2019
Cambodia benefits from the EU`s "Everything But Arms" trade scheme which allows the world`s least developed countries to export most goods to the EU free of duties.
Blow to Google, Facebook as EU approves tougher copyright rules
Tue, Apr 16, 2019
Under new copyright rules aimed at ensuring fair compensation for the European Union`s $1 trillion creative industries, which employ 11.7 million people in the bloc, Google will have to pay publishers for news snippets and Facebook filter out protected content.
US proposes tariffs on $11 billion of EU products
Tue, Apr 09, 2019
The WTO found that the subsidies have an "adverse impact" on the US, reports said. "This case has been in litigation for 14 years and the time has come for action."
G20 must tackle root causes of trade tensions that threaten growth: EU
Sat, Apr 06, 2019
"The international community has to tackle the root causes of the ongoing trade tensions by ensuring a level playing field for open and free trade in goods and services, investment and intellectual property rights," the joint EU statement said.
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.