Belgium Financial News

The European Union marks its annual Europe Day on Thursday

NEW DELHI : Belgium-based Proximus Group, which has acquired a majority stake in communication platform as a service, or C-PaaS, firm Route Mobile, intends to double the group's revenues to $3 billion in 3-4 years, on the back of synergies from the new acquisition, chief executive officer Guillaume Boutin told Mint in an exclusive interaction. Boutin has kept a goal of attaining 15% margin on the revenue target, even as he pegged India to become among the key contributors to the group's growth where Route Mobile alone is expected to generate $1 billion in revenues.

European Union nations have reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc

Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China

LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services  with immediate effect . 

Dividend paying stock: Shares of John Cockerill India Ltd will be in focus when the stock market opens on May 6 (Monday). The Board of Directors of the company has declared a final dividend of ₹7.00 per equity share for its eligible shareholders. The record date by the company to ascertain the eligibility of shareholders for final dividend has been fixed on May 6.

bomb threats targeting schools in Delhi, a dedicated team of over 7,000 cops, intelligence agents, and bomb squads worked tirelessly to ensure the safety of the city. However, the spotlight shone on a special group of officers that played a pivotal role in these operations – the K-9 squad. Led by dogs with names like Remo, Gabbar, Loafer, and Lucy, these specially trained canines were deployed to sniff through classrooms and sanitize them, giving the authorities the green light to ensure the safety of the premises. For years, the K-9 squad has been an indispensable part of Delhi Police's bomb detection teams. «They are lifesavers, quite literally. They sniff out critical areas first, giving the team a breather and a heads-up on any threats,» said a handler. Currently, the Delhi Police boasts a team of 72 dogs, including 62 sniffers, seven trackers, and three narcotics specialists. The tracker dogs, which include breeds like Labrador, German Shepherd, and Belgian Shepherd, play a crucial role in crime spot investigations as well.

TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of others

Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal have raised $26 million in seed money for their omnichannel fashion startup Lyskraft, making it one of the largest early-stage rounds for an Indian startup amid the ongoing funding crunch. The round was led by Peak XV Partners, formerly Sequoia Capital India, Gupta told ET, adding that the seed money will help the partnership take forward the plan of building an omnichannel play as a marketplace for premium brands, starting with women’s fashion and subsequently expanding into other lifestyle categories.

Belgian man was acquitted of a drunk-driving charge on Monday after court officials learned he suffers from a very rare metabolic condition that causes his body to turn certain foods into alcohol.The 40-year-old man, who has not been named publicly, has a condition called auto-brewery syndrome (ABS). He was examined by three separate doctors who told the court the man does indeed suffer from ABS, Reuters reported.Due to his condition, the man’s body creates ethanol, which is intoxicating, after ingesting sugary and starchy foods.

Schengen visa rules for Indians, the strength of Indian passport is arguably set to grow with travel to 29 European countries getting seamless and hassle-free. Incidentally, Indian passport is currently ranked at 85, as per Henley Passport Index for 2024 that ranks 199 nations based on the strength of their passports. Our neigbouring country Pakistan is ranked at 106, while Bangladesh at 102.

action plans for around 20 agricultural products including banana, mangoes, potato and baby corn to boost their exports and these are likely to be ready in the next 3-4 months. “We have identified 20 products. At present, India’s share is low in global exports. We are working on a detailed action for all these products,” said Rajesh Agarwal, additional secretary, department of commerce, adding that the action plan will be discussed with all the stakeholders including states for further action. Fresh grapes, pomegranate, watermelon, guava, green chilly, capsicum, okra, garlic, onion, groundnut, alcoholic beverages, cashew nut, buffalo meat, jaggery, natural honey, and ghee are the other products included in the exercise as India aims to increase its share in global exports to 4-5% in the next few years from 2.5% now.

Poland's president says the NATO member would be ready to host the nuclear weapons of the military alliances's other members in response to Russia's moving its nuclear weapons to neighbouring Belarus. President Andrzej Duda made the comments in an interview published Monday in the Fakt tabloid. Russia is «recently relocating its nuclear weapons to Belarus,» Duda said, in a reference to Belarus President Alexander Lukashenko's announcement in December. «If there were a decision by our allies to deploy nuclear weapons within the nuclear sharing also on our territory in order to strengthen the security of NATO's eastern flank, we are ready,» Duda said.

Germany. According to the European Union's official website, the rules have been updated in view of strengthened relations between European Union and India under EU-India Common Agenda on Migration and Mobility. This agenda seeks comprehensive cooperation on migration policy between the European Union and India, with facilitation of people-to-people contacts being of key aspect due to the importance of India as a partner for the EU.

Europe’s farmers are angry, and staging their biggest protests in half a century

Days after the Centre asked e-commerce companies to eject Bournvita and other drinks and beverages from the ‘health drinks’ category on their platforms, Nestle has landed in hot water. After Public Eye, a Swiss investigative organization, and International Baby Food Action Network sent samples of Nestle’s baby food products sold in Asia, Africa and Latin America to a Belgian laboratory for tests, sugar was reportedly found in the infant milk-mix meant for less developed markets, but not in the stuff aimed at Europe and the UK.

FSSAI) on Thursday took cognisance of Nestle's Cerelac sugar case, reported ET NOW citing sources. The regulator said that if found guilty, strict actions will be taken against the brand. A committee will be examining the matter, said FSSAI, as per ET NOW sources. Nestle sugar controversy Nestle adds sugar to infant milk sold in less affluent nations including India but not in its primary markets like Europe or the UK, reported ToI. The revelation came to light when «Public Eye,» a Swiss investigative organization, and IBFAN (International Baby Food Action Network) dispatched samples of the company's baby food items marketed in Asia, Africa, and Latin America to a Belgian laboratory for examination.

EU cybersecurity label allowing Amazon, Alphabet's Google and Microsoft to bid for highly sensitive EU cloud computing contracts to May, people familiar with the matter said on Tuesday. The European Union wants to introduce a cybersecurity certification scheme (EUCS) to vouch for the cybersecurity of cloud services and help governments and companies pick a secure and trusted vendor for their cloud computing business.

Helen Hunt and Dustin Hoffman, have been cast in British director Peter Greenaway’s new film, which is currently filming in Lucca, Italy. The project also stars Sofia Boutella, Giacomo Gianniotti, Jonno Davies and Laura Morante.

Also Read: Our Solar System will die a grisly death, will be ‘crushed and ground to dust’ Higgs shared his Nobel prize with Belgian physicist Francois Englert for proposing the existence of what became known as the Higgs boson particle and the invisible field in space that gives mass to matter. The discovery of the elemental particle was announced in 2012 by European nuclear research body CERN after the boson was detected in the Large Hadron Collider, an underground laboratory near Geneva that smashes protons together at almost the speed of light and records data on their interaction.

A banner running down the side of the European Commission’s headquarters in Brussels depicts cartoon workers recladding its 13-floor façade with solar panels. The illustration might come across as a cruel joke to residents of the Belgian capital, for whose leaden skies the phrase “fifty shades of grey" could have been coined. But thanks to green edicts devised by the Euro-wallahs at the commission, the continent’s fields and rooftops are being paved with very real photovoltaic cells.