Eu Financial News

28.07 / 11:25

Cooper India urges EU to allow shrimp imports, reduce inspection sampling frequency

New Delhi: India has pressed the European Union (EU) to allow newly-listed fishery companies to export farmed shrimps to the bloc, and to reduce sampling frequency at border inspection post, currently set at 50%, the ministry of fisheries, animal husbandry & dairying said. India has underlined the need to reduce the current sampling frequency and revert to 10% as was earlier the norm.

28.07 / 11:18

social mistakes Putin: Western policy mistakes are main reason for high food prices

Vladimir Putin on Friday rejected suggestions that Russia's «special military operation» in Ukraine was responsible for high global food prices, saying Western «mistakes» in the form of monetary stimulus were at the root of the problem.Putin asserted at the Russia-Africa summit in St Petersburg that the United States and the European Union had printed money to buy food as a result of the COVID-19 pandemic, and that «prices skyrocketed». Putin appeared to be referring to the policy of «quantitative easing» to help major Western economies function under the social and economic disruption of the pandemic.

28.07 / 07:19

UPS FIVE BLOCK Progressive country China's bid to enlarge BRICS membership hits roadblocks

BRICS group of emerging markets to grow its political clout and counter the US, officials with knowledge of the matter said. The countries have raised objections in preparatory talks for a summit in Johannesburg next month where Brazil, Russia, India, China and South Africa will discuss potentially expanding the group to include Indonesia and Saudi Arabia. China has repeatedly lobbied for expansion during those meetings, said the officials, who asked not to be identified as the discussions are private.

27.07 / 20:07

Microsoft The European Union is opening an antitrust investigation against Microsoft over the bundling of Office and Teams

The European Union is opening an antitrust investigation against Microsoft over the bundling of Office and Teams

27.07 / 20:07

UPS Cooper Microsoft Software performer EU investigates Microsoft over concerns bundling Teams with Office eliminates competition

The European Union has opened an antitrust investigation into Microsoft over concerns that bundling its Teams messaging and videoconferencing app with its Office productivity software gives it an unfair edge over competitors

27.07 / 18:56

UPS BLOCK Cooper Microsoft Software Browser European Commission Microsoft Faces European Antitrust Investigation Over Bundling of Teams Software

The European Union opened an antitrust investigation into whether Microsoft is abusing its dominant position by bundling its Teams videoconferencing app with its popular Office productivity software, marking the first formal EU probe of the software giant in more than a decade. The bloc’s executive body, the European Commission, said it is concerned that Microsoft may be giving Teams an unfair advantage by not allowing customers to choose whether access to the product is included when they subscribe to the company’s productivity software.

27.07 / 18:08

regulation Congress Digital Asset legislation decentralized marketplace us house committee 'Pro crypto bill' passes out of US House Agriculture Committee

Tact was pervasive in the United States House of Representatives Agricultural Committee’s consideration of the Financial Innovation and Technology for the 21st Century Act on July 27. With many references to bipartisanship and self-congratulatory mentions of the members’ cooperation and hard work, the committee plowed through a series of amendments calmly and quickly.

27.07 / 15:21

Provident Lowe's Digital Manufacturing Bitcoin country Why El Salvador: The Rising Crypto Hub for New Investors

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

27.07 / 13:49

Provident Waters Extreme ICE Southern Mercury July 2023 set to be world's hottest month on record -scientists

By Gloria Dickie

27.07 / 13:15

Investment Spain's A&G Launches New Crypto Fund Under Spanish Law with PwC Oversight

Spanish private bank A&G has launched Spain’s first locally regulated crypto hedge fund, the firm announced this week.

27.07 / 12:09

Law Adoption Europe privacy European Union German political parties split on how to regulate increasing AI adoption

In April 2021, the European Commission presented its proposal for harmonized rules on artificial intelligence (AI), dubbed the Artificial Intelligence Act (AI Act). After the Council of the European Union and the European Parliament finalized their positions in December 2022 and June 2023, the legislative institutions entered a trilogue on the upcoming AI regulation.

27.07 / 12:09

Blockchain Europe Tokens European Union Digital Asset Securitize issues tokenized assets in Spain, plans September trading start

Digital asset trading platform Securitize has begun tokenizing equity in the Spanish real estate investment trust Mancipi Partners, it announced on June 27. The firm expects to launch secondary trading on the Avalanche blockchain in September.

27.07 / 12:03

Digital performer country Ports expected to overcome headwinds with 4-5% volume growth in FY24: Ind-Ra

New Delhi: Despite challenges posed by economic slowdown in importing markets like the EU and the US, Indian ports are anticipated to achieve mid-single digit volume growth on an aggregate basis in the financial year 2023-24, according to India Ratings and Research (Ind-Ra). The resilience of Indian ports stems from enhanced operational efficiency, the government’s emphasis on developing downstream logistics infrastructure, and stability in freight rates, enabling them to offset potential lower volumes and achieve a 4%-5% year-on-year volume growth in FY24 (with a compound annual growth rate of 3.5% during FY15-FY23).

27.07 / 11:01

UPS Cooper Extreme country Global coal demand to remain at record levels in 2023: Report

New Delhi: Global coal consumption, which hit an all-time high in 2022, is expected to stay at those levels in 2023, driven by robust growth in Asia’s power generation and industrial sectors, despite declines in the United States and Europe, according to the latest market update from the International Energy Agency (IEA). In 2022, coal consumption surged 3.3% to a staggering 8.3 billion tonne, setting a new all-time record.

27.07 / 09:41

COST UPS Reuters country Deal Discounts BPCL in talks for Russian oil deal, discounts narrow

Bharat Petroleum Corp is reportedly in talks with Russian oil major Rosneft to buy oil under a term deal as discounts on Russian oil are narrowing. According to a report by Reuters, Vetsa Ramakrishna Gupta, head of finance at BPCL said, “Yes, there were discussions happening with Rosneft but not yet concluded". BPCL is in talks to buy up to 6 million metric tons of Russian oil under a term deal with Rosneft, Reuters reported last month.

27.07 / 08:25

Citi Extreme Racing country Inside Greece races to tackle wildfires as winds set to resume

Hundreds of firefighters backed by European Union reinforcements were struggling to contain the flames on the islands of Rhodes, Corfu and Evia, in addition to a new front that erupted Wednesday in central Greece. Early Thursday, another fire broke out near homes in the leafy Athens suburb of Kifissia but was swiftly extinguished. Officials have said more than 600 wildfires have broken out around the country since July 13.

27.07 / 04:27

Citi Waves Waters Extreme Mobile Southern country reserves Deadly wildfires in Greece and other European countries destroy homes and threaten nature reserves

Major fires raging in Greece and other European countries have advanced

27.07 / 04:27

Amazon iRobot Amazon will pay 15% less for iRobot as the robot vacuum maker takes on new debt

Amazon is going to pay roughly 15% less to acquire iRobot after the robot vacuum maker incurred new debt

27.07 / 04:27

UPS Provident Poland complains to European Union about German waste brought and dumped in unauthorized landfills

Poland has made a complaint against Germany to the European Commission over tons of German waste, some of it allegedly toxic, brought and stored in unauthorized landfills across Poland

26.07 / 23:01

COST Progressive Aware Enterprise Deloitte country UK pushes for bottling of whisky in third country

MUMBAI : British officials negotiating a free trade agreement (FTA) are advocating bottling their whisky ‘in transit’ in a third country for reasons related to cost, logistics, and ‘premium-ness’ of the products, a person aware of the development said. Negotiations on alcoholic beverages assume significance as India considers opening its vast market to countries such as the UK, Australia, Canada, and the European Union (EU) under the FTA route. India emerged as the world’s largest consumer of scotch whisky—a key UK export—last year.

26.07 / 18:13

UPS Manufacturing India readies for talks with EU on refurbished items

Brussels has insisted that such items should be treated at par with new ones and be eligible for tariff concessions, while New Delhi has concerns it will lead to dumping of e-waste and impact India's domestic manufacturing. Remanufactured goods are those which have undergone transformation through recovery processes such as cleaning and testing to meet the same specifications as a new good. People privy to the development said there is also a view that import of plastic waste should be discouraged as India already has enough plastic that can be recycled.

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