Eu Financial News

Exposure to REITs has dropped to its lowest since December 2008, leading to BofA describing it as one of the 'most fascinating' asset classes to watch.

Cape Town: Homegrown automaker Mahindra & Mahindra is looking to tap the 2-million unit market for mid-sized pick-ups with a new global lifestyle pick-up truck that will first be launched in its key existing export markets including South Africa, Australia and New Zealand, Africa, the Middle East and South & Central America, the company announced during its global concept showcase in Cape Town on Tuesday. Mahindra is aspiring to snag a double-digit market share in these countries, where it has a rapidly growing presence, albeit with a single-digit share in the respective markets.

London-based Jacobi Asset Management has announced the release of Europe’s first spot Bitcoin (BTC) Exchange Traded Fund (ETF) which will be listed on the EuroNext Amsterdam Exchange.

Economic Advisory Council to the Prime Minister (EAC-PM), are regulations and restrictions that ensure quality of products and protect human, plant and animal health. These measures are largely used for agriculture or animal-origin products that are directly used for human consumption. The EAC-PM report further clarifies that there exists a thin line between non-tariff measures and non-tariff barriers and that all non-tariff measures cannot act as non-tariff barriers.

China’s provisional guidelines for artificial intelligence (AI) activity and management in the country are scheduled to come into effect on Aug. 15. 

Poland is deploying thousands of troops to its border with Belarus, calling it a deterrent move as tensions between the two neighbors ratchet up. Those tensions between Poland — a NATO and European Union country — and Belarus, which is Russia's ally in its war on Ukraine, have been building up in recent months on the border.

The London-based digital asset management firm announced that its new investment product was going live on the Euronext Amsterdam stock exchange on Aug. 15, more than a year later than its planned launch in 2022.

China and Japan, to achieve one trillion dollar outbound shipment target for goods by 2030, a report by think-tank GTRI said on Tuesday. The Global Trade Research Initiative (GTRI) has suggested a two-pronged strategy to mitigate the influence of NTBs on exports.

NEW DELHI : The steel ministry plans to write to all major steel companies with export interests to assess their preparedness for reducing their carbon footprint and for facing the green challenges emerging in global markets. The development comes at a time when India is exploring tariff and non-tariff measures to counter EU’s Carbon Border Adjustment Mechanism (CBAM) that proposes to tax ‘embedded carbon’ in imports of steel, aluminium, cement, hydrogen, electricity and fertilizers from 1 January 2026.

LONDON (Reuters) — Sanctions-hit Alrosa kept diamond sales in the first half of 2023 at the year-ago levels, the Russian company said on Monday as it reported financial results for the first time since Moscow's 2022 invasion of Ukraine.

Auditors foremost obligation is to uphold the public interest, backed by audits granted through statutes, and the firm reserves the right to refuse work for companies that do not meet essential standards of personnel treatment, governance, controls, and cooperation, said Larry Bradley, Global Head of Audit for KPMG International, on Big Four firms refusing or walking away from risky audits. In a chat with ET, Bradley talks about the efficacy of joint audits, concentration risk in audits, and the best way to regulate the profession.

European Union has raised data privacy concerns at the meta information portal that India has proposed for the micro, small and medium enterprises (MSME) of the G20 countries. The portal is sought to have details of MSMEs of every G20 member including the sectors and products they deal with. Establishing an online digital portal is crucial as it would offer integrated research, trade and business information for market research by the MSMEs. «Some members, including the EU, have raised data privacy concerns. They have asked how will the portal and data be managed,» said an official. Officials said that setting up the MSME portal is one of the three high-ambition goals, an outcome on which is being seen at the upcoming G20 Trade and Investment Ministerial meeting in Jaipur from August 24 to 25.

The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather

The U.S. Treasury Department has imposed financial sanctions against four Russians on the board of Alfa Group

The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather

Western-backed maritime forces in the Middle East have warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized

Pakistan prime minister Imran Khan was not completely off the mark when he publicly accused the United States of ensuring his removal as prime minister through a no-confidence motion with the help of the army in April last year. He had waved a paper at every public rally claiming the same to be a diplomatic cable from Asad Majeed Khan, Pakistan's Ambassador to the US, dated March 7, 2022, in which the US had used threatening language against him.

If you leave India, as I did, for a few months, which were meant to be a mixture of work and downtime with friends, and if in that period you spend chunks of time in different countries, then you must be super-careful and lucky to avoid your pocket being hollowed out by these faceless tricksters. First, all the Indian sub-liars' roaming charges are geared towards the wealthy — the kind of Indian who won't notice when his phone bill fattens about four times for the pleasure of using calling and data that shouldn't cost that much. If you're not loaded, your best bet is to get a local number.

Pakistan has reneged on various international agreements that include those relating to good governance, human rights and labour rights, the European Union's (EU) 10-year preferential trade agreement, GSP Plus, may not be extended, according to the Insideover. As envisaged by the Generalised Scheme of Preferences (GSP) scheme, the country has also failed to bring about sustained development and poverty reduction in Pakistan. In the year 2020, 28 per cent of Pakistan's total exports to the EU were duty-free thanks to its GSP Plus status, and 78 per cent of these exports went to the EU.

On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores the United States debt downgrade by Fitch Ratings. According to Pechman, this change signaled diminished confidence in the U.S. government’s ability to handle its fiscal responsibilities.

A new ferry line for commerce moving through Central America began operating Thursday, directly connecting El Salvador and Costa Rica to the exclusion of Nicaragua and Honduras