Topics: European Union

Market Watch: EU heads of state to discuss the recovery plan today

The Bank of England kept rates unchanged and expanded its asset purchases by GBP 100bn to GBP 745bn. The BoE would have held back...

President Donald Trump says, “European Union is almost as bad as China”

Speaking with the commercial fishermen on June 5, United States President Donald Trump said, "If the European Union doesn't drop the tariffs on American...

Coronavirus: Spain’s left-wing coalition government approves a minimum income scheme for 2.3 million people

Spain's left-wing coalition government on Friday said, "The government has approved the creation of a minimum income scheme worth 462 euros ($514) a month...

Air India suspends flights to the UK and the rest of Europe

State-run airline carrier Air India on Tuesday said that "It has suspended all its flights to the UK and rest of Europe." The announcement for...

Market Analysis: “Dow sees worst fall (13%) since Black Monday crash of 1987 (22%)”

The European Union has decided to close all internal borders to permit only essential travel. Philippines, Malaysia have enacted movement controls. The Dow crashed close...

US Defense Secretary Mark Esper slams China as a rising threat to world order

US Defense Secretary Mark Esper on February 15 cast China as a rising threat to world order — saying the world's most populous nation...

Christine Lagarde: ECB policy is not on autopilot

It is ridiculous to believe the European Central Bank's policy is on auto-pilot and that it won't change until a year-long review of the...

International Lawmakers calls for a pause on false online micro-targeted political ads

An international “grand committee” of lawmakers called on Thursday for a pause on online micro-targeted political ads with false or misleading information until the...

Bank Of England keeps its interest rate at 0.75%, alters UK growth forecasts at 1.4% for 2019

The Bank of England (BoE) has left its main interest rate at 0.75 percent, it said on November 7 after a regular meeting and...

Britain will not appoint new BoE Governor before Dec. 12 election

Britain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on Dec. 12, a finance...

Apple Pay faces heat in Europe, EU antitrust regulatory seeks for details

US tech giant, Apple Inc, faces another heat in Europe as the EU antitrust regulators have asked the online sales companies whether they have...

UK Govt can struggle to pass Brexit legislative timetable

Prime Minister Boris Johnson may struggle to pass his legislative timetable on Tuesday to lead the United Kingdom out of the European Union in...

EU courts may order Facebook to remove worldwide illegal comments

Courts in the European Union can order Facebook to remove worldwide comments by users of its service that have been declared illegal, the European...

InstaReM starts digital money transfer service in Canada

Solidifying the company’s presence in North America. Singapore -based cross-border digital payment company, InstaReM has announced the launch of cost-effective digital cross-border payments transfer...

Apple takes EU’s €13 billion tax order to court

Apple will launch a legal challenge to a European Commission order to pay 13 billion euros ($14.4 billion) in Irish back taxes in a...

Germany, France poses ‘RISK’ of Facebook’s Libra, backs other public cryptocurrencies

France and Germany has said that Facebook Inc's Libra currency posed risks to the financial sector that could block its authorisation in Europe, and...

Google agrees to pay $1 billion in tax settlement with France

US internet giant Google has agreed a settlement totaling 965 million euros (USD 1.07 billion) to end a tax dispute in France under an...

Australia Govt considers more regulation of Google and Facebook

The Australian government released a report Friday recommending tighter oversight over multinational digital platforms including Google and Facebook, to ensure fairness for other media...

UK Finance Minister Philip Hammond may resign, over no-deal Brexit

Finance Minister Philip Hammond said on Sunday he would resign if Boris Johnson became Britain’s new prime minister because he could not support a...

UK retail sales surge by 1% in June

British retail sales rebounded unexpectedly in June, according to official data that may raise hope the economy will sidestep a downturn in the second...

FTC slaps Facebook with $5 billion in fine

At $5 billion, the fine the US Federal Trade Commission (FTC) is about to levy on Facebook is by far the largest it's given...

France to introduce eco-tax on outbound flights

France will introduce an eco-tax on airlines flying out of France, which is expected to raise around 180 million euros ($201.67 million) from 2020,...

Bayer to invest $5.6 billion in Weedkiller research

Germany’s Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it...

China increases anti-dumping duties on the US, EU steel tubes and pipes

China said on Friday that it was raising anti-dumping duties on certain alloy-steel seamless tubes and pipes used at utilities and imported from the...

Donald Trump warns to increase tariffs on $300 billion worth of Chinese goods

President Donald Trump warned on June 10 he will slap huge new tariffs on China if his counterpart Xi Jinping doesn't show up for...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's dominant reserve currency, the Sino-US trade war may offer a window...

Google now Allow Android users in the EU to choose web browsers and search engines of their own choice

Users of Android devices will be able to choose their browsers and search engines from five options starting on Thursday, a senior Google executive...

EU to hit back on US tariffs over Airbus-Boeing subsidies dispute

French Finance Minister Bruno Le Maire has warned that Europe was ready to hit back at any US tariffs over Airbus subsidies as he...

EU Approves Controversial New Copyright Directive: What Does That Entail?

On Tuesday 26th March 2019, the European Parliament voted in favor of the controversial new law set to shake the fundamentals of the internet...

October 31, the new deadline given by EU to Theresa May on Brexit deal

European Union leaders gave Theresa May a new Brexit deadline of Oct. 31, four months longer than the prime minister asked for, in a...

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