Topics: European Union

Volkswagen AG to acquire a big stake in Chinese EV partner JAC Motors

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as...

The Brexit deal ‘won’t pass’ in the near future says UK’s PM Theresa May

British Prime Minister Theresa May acknowledged that the government's strategies to get her Brexit deal approved in Parliament failed, saying on April 6 there's...

UK Finance minister Philip Hammond sees a deal with Labour party on Brexit

Talks between the British government and the main opposition Labour party aimed at breaking the deadlock over Brexit continue, finance minister Philip Hammond said...

EU antitrust regulators charge Volkswagen, Daimler, and BMW on emissions collusion

EU antitrust regulators charged BMW cars, Daimler, and Volkswagen on April 5 for hindering competition on emission cleaning technology between 2006 to 2014. The European...

#Brexit: Theresa May’s EU divorce bill falls for the third time

UK Prime Minister Theresa May on Monday admitted that she did not have enough support to get her EU divorce bill through the House...

World largest e-waste recycling facility opens in Dubai

The world's largest e-waste recycling facility has opened in Dubai, a media report said. Located at the Dubai Industrial Park, the 280,000 square feet plant...

US recession tension mounts, Global stocks dip as investors looks for bonds as safe investments

Investors dumped shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets...

#Brexit : Theresa May calls European divorce deal for the third time, Reports Cabinet plots to topple her

British Prime Minister Theresa May held crisis talks with senior colleagues and hardline Brexiteers on Sunday trying to breathe life into her twice-defeated European...

Britain seeks overhaul competition rules to tackle Facebook, Google and Amazon’s dominance

Britain needs to overhaul its competition rules to tackle the dominance of tech giants like Facebook, Google and Amazon, and increase consumer choice, a...

Conservative Party’s Chairman: the UK won’t accept Brexit deal that puts the EU on risk

Britain cannot accept an EU proposal to break the deadlock in the Brexit talks because it would threaten the unity of the United Kingdom...

Reports: Citi group is in final talk to acquire Canary Wharf office building

Citigroup is in talks to buy the tower housing its European headquarters in London's Canary Wharf district, which is on the market with a...

Economists say, Britain’s economy to make a moderate post-Brexit recovery if deal agreed

Britain's economy will barely grow in the run-up to Brexit amid concern the UK will leave the European Union without an agreement, but if...

European Union is ready to discuss new Brexit if UK changes its ‘Red lines’

The European Union told Britain it could have a different kind of Brexit deal after its parliament overwhelmingly rejected the one negotiated by Prime...

EU opens in-depth investigation in Nike’s tax deals in the Netherlands

The EU launched an in-depth probe into Nike's tax affairs in the Netherlands, following revelations in the "Paradise Papers" scandal that exposed low tax...

Huawei Gets Major Setback From European Telecoms On Security Concerns continues

The US dispute with China over a ban on tech giant Huawei is spilling over to Europe, the company's biggest foreign market, where some...

Google may shut down its news service in Europe

Google may shut down its Google News service in the European Union (EU) if a proposed "link tax" for using news stories comes into...

Apple CEO Tim Cook supports stricter data privacy law, urges the US to do same.

When the European Union passes a data privacy law which was enacted in May, Tim Cook was convinced about the nature and benefits of...

Volkswagen Emerges as Champion with EU favoring WiFi over 5G: Report

The European Commission is set to approve and set rules for the use of wifi in cars, giving Volkswagen and Renault who have pursued...

Google will now Charge Android Partners up to $40 per Device for Apps: Report

Alphabet Inc’s (GOOGL.O) Google will charge hardware firms up to $40 per device to use its apps under a new licensing system to replace...

The new European Union Law is a nightmare for tech giants like Google, Apple and others

Tech giants such as Google, Apple, Amazon, et al are about to face rules dictating their relationships with the smaller businesses for the first...

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