Eu Financial News

A flotilla of flimsy boats, crowded with migrants and launched from Tunisia is overwhelming a tiny Italian island south of Sicily

The European Union is launching an investigation into subsidies that China provides to electric vehicle makers

French regulators have ordered Apple to stop selling the iPhone 12, saying it emits electromagnetic radiation levels that are above European Union standards for exposure

Apple has officially confirmed the inclusion of a USB-C port in the upcoming iPhone 15, aligning with the European Union's regulations on cable standardization. The company's Wonderlust fall 2023 event primarily centered around the unveiling of the iPhone 15 and the latest Apple Watches. During the event, Apple also introduced a new USB-C charging case designed for the AirPods Pro 2. Notably, these upgraded earbuds are now equipped with dust resistance, boasting an IP54 rating, which is an improvement from their previous IPX4 rating. Moreover, they promise lossless audio quality when used in conjunction with the Apple Vision Pro, although this feature may have limited utility for the majority of users. Moving forward, the new USB-C charging case will come bundled with newly purchased AirPods Pro 2, as long as they are not part of the older stock. It remains unclear whether the case will be available for separate purchase for existing AirPods Pro 2 owners. During the product launch event, Apple shared its commitment to incorporating USB-C connectors not only in the iPhone 15 series but also in future versions of the AirPods Pro earphones and its wired EarPods headphones. These developments align with recent EU regulations, which were approved last year and mandate that all small and medium-sized electronic devices must adopt a standard charging cable, specifically USB-C, by the end of 2024. This initiative aims to reduce the number of cables required for various devices, ultimately benefiting consumers by reducing costs and contributing to the long-term reduction of electronic waste.

Vladimir Putin has welcomed the India-Middle East-Europe connectivity initiative, emphasising its logistical advantages. Putin said the project would complement the International North-South Transport Corridor (INSTC), which would, in turn, benefit Moscow. “I believe that this will only benefit us. I believe that this will only help us develop logistics,” Putin said in his address to the Eastern Economic Forum in Vladivostok on Tuesday. The Russian president said the India-Middle East-Europe connectivity project would help his country develop logistics and added that the project had been under discussion for several years. Putin, however, chided the US over its participation.

European economy to witness an economic contraction this year. “It’s reported that the ECB’s decision on whether to raise interest rates or not on Thursday is on a knife-edge.

iPhone charging plug and falling in line with the rest of the tech industry by adopting a more widely used connection standard. A big part of the reason is a European Union common charging rule that's coming soon for the 27-nation bloc. Here's a look at the USB-C plug and what it means for consumers: The first part of the acronym stands for Universal Serial Bus, and it replaces earlier versions of the USB cables used on everything from printers and hard drives to computer mice and Kindle readers. The USB-C plug comes in a different shape than its predecessors — an elongated oval.

renewable energy to power this manufacture. This aligns squarely with India’s aspirations to become a pivotal hub in the green hydrogen ecosystem, making it one of the few nations to set a concrete benchmark in this emerging sector.

Check out the companies making headlines before the bell.

BRUSSELS—The European Union is launching an antisubsidy investigation into China’s electric-vehicle makers, opening a new front in the battle for leadership of the global clean-technology industry. The probe, announced Wednesday, reflects growing concern in Europe about the impact of low-price products from China on the bloc’s domestic industries. It could result in tariffs if officials from the European Commission, the bloc’s executive body, conclude that Chinese EV manufacturers are receiving subsidies that are hurting Europe’s auto industry.

In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets. 

The strategy was the latest addition to the Dutch asset manager's suite of high yield and climate related strategies, such as climate credits and climate global bonds.

“Corrections, whether through consolidation over time or absolute fall, cannot be ruled out in such instances. However, at the index level, we expect mid and small-cap outperformance over large-cap to persist over the next 12 to 18 months,” says Anand Rathi, Founder & Chairman, Anand Rathi Group. In an interview with ETMarkets, Rathi, said: “Currently, the future profits prognosis for mid- and small-cap firms appears to be more promising than that of large-cap stocks” Edited excerpts:Nifty@20,000 but it seems to be finding some resistance at higher levels – What is your take on markets at present?The Indian equities market has risen throughout the current fiscal year after remaining range-bound since October 2021. In the last 12 months, the large-cap has gained roughly 12%, the midcap around 25%, and the small cap over 30%.

Apple announced the new iPhone 15 lineup at the Wonderlust event at the company's Cupertino-based headquarters on Tuesday. The event featured the launch of 4 new iPhones - iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max along with the new Apple Watch series and AirPods Pro with USB-C functionality. The iPhone 15 and iPhone 15 plus have received an essential upgrade in terms of display.

Narendra Modi's promotion of the "Make in India" programme. He highlighted the importance of using domestically made product and commended India's policies under PM Modi's leadership as a positive example. In an address at the 8th Eastern Economic Forum (EEF), Putin said, "You know, we did not have domestically made cars then, but we do now.

Apple officially launched the all-new iPhone 15 series on Tuesday at the company's headquarters in Cupertino, California. The Tim Cook-led company announced four new iPhone models - iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max - as well as the Apple Watch Series 9, Apple Watch Ultra 2 and Air Pods Pro with USB-C charging. Apple has also switched from a Lightning port to a USB-C charging port on all four iPhones following troubles with EU regulators.

Ryanair Holdings chief executive officer Michael O’Leary blasted Italy’s new cap on airfares as “illegal” and impossible to comprehend, threatening to scale back some of the discount carrier’s flights on popular domestic routes if the government holds onto the measure.

Apple is expected to respond within two weeks", he said to Reuters. "If they fail to do so, I am prepared to order a recall of all iPhones 12 in circulation. The rule is the same for everyone, including the digital giants," the minister added.

A report says Poland is losing large numbers of Ukrainian refugees from its workforce as they travel to Germany to seek higher wages and government benefits in the rich Western economy

NEW DELHI : The World Trade Organization (WTO) on Tuesday flagged growing fragmentation in international trade with an over-ninefold increase in the number of trade concerns raised in just the last six years. Trade concerns raised at WTO committees are seen as an early indicator of trade disputes.

'Research shows that greater freedom leads to improved economic conditions, which has a positive effect on local stock markets.'