Eu Financial News
18.07 / 06:21
Ripple
CFTC
regulation
SEC
security
regulatory
US regulatory clarity has begun in court after Ripple win: CFTC commissioner
Caroline Pham, one of five commissioner of the Commodities Futures Trading Commission, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory.
18.07 / 03:31
Time
Support
Seven years after voting for Brexit, UK support to rejoin EU passes 50% for the first time
migrant workers and its effect on supply chains. A trade deal with the US, meanwhile, held as one of the great prizes of Brexit, doesn’t look likely to materialize anytime soon. (With inputs from Bloomberg)
17.07 / 18:53
Whisky sour: Politics in India-UK trade talks
free trade deal, proposals for whisky are proving hard to swallow for both sides. That’s because Indians are the world’s biggest consumers of Scotch and UK the biggest producer. Mint takes a look at the bigger picture.
17.07 / 17:37
Target
Metro
€500 million in EU’s first phase funding for India green energy
GANDHINAGAR : : European Investment Bank (EIB), the lending arm of the European Union, plans to invest about €1 billion in India’s renewable energy sector, EIB’s vice president Kris Peeter confirmed. EIB is in discussion with the Central government to lend €500 million during the first phase of the funding, he said. The investmentwill be made in renewable sectors involving green hydrogen and solar panels.
17.07 / 17:37
Lowe's
Cooper
Landmark
Gap
Deal
U.S. Companies Score Partial Reprieve From Global Minimum Tax Deal
WASHINGTON—U.S.-based companies won relief from two pieces of the global minimum tax deal, and the changes will delay or reduce the taxes they are set to pay to foreign countries. Under the updated agreement negotiated by the Treasury Department, companies will have an extra year—through 2025—before foreign countries can start imposing new taxes on any U.S. companies deemed to pay too little tax in the U.S.
17.07 / 17:27
Stablecoin
Adoption
Conference
Europe
European Union
Circle
Euro
regulatory
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec
The future is bright for euro-denominated stablecoins, according to Patrick Hansen, European Union strategy and policy director at Circle. The United States dollar may preserve its first-mover advantage, but euro stablecoins will see increasing real-world use cases emerge to lift them above their current meager market share, Hansen said at EthCC in Paris.
17.07 / 17:15
Blockchain
Ethereum
Digital
VISA
Mobile
EUR
Backed
Sidechain
Ethereum Sidechain Gnosis Launches Visa-Backed Debit Card Directly Connected to Crypto Wallet
Blockchain network Gnosis has unveiled two products that allow users to spend their digital assets directly from wallets using Visa's payment system.
17.07 / 16:45
Mobile
Dota
Pinnacle
Counter-Strike
Overwatch
Esports event calendar 2023: Here’s the list of all upcoming major tournaments
These major tournaments encompass a range of esports titles, including Valorant, Mobile Legends, League of Legends, Apex Legends, Dota 2, and more. From massive third-party events to developer-driven spectacles, each competition serves as the pinnacle of an exhilarating and lengthy circuit. Below, you'll find a comprehensive list of the remaining major tournaments set to captivate audiences in 2023.
17.07 / 16:37
UPS
Microsoft
Manufacturing
Sony
AT&T
Activision
Midday movers: Activision Blizzard, AT&T, Yelp and more
Investing.com — U.S. stocks were rising in midday trading as investors prepared for this week's deluge of quarterly earnings reports.
17.07 / 16:21
COST
Landmark
BlackRock
UBS
AI can expose ‘very real’ ESG risks, says UBS exec
The global head of ESG research at UBS Group’s investment bank says AI has the potential to expose risks that would otherwise remain hidden, putting asset managers in a better position to comply with increasingly tough regulations.
17.07 / 15:29
Cooper
Enterprise
EUR
15% global minimum tax to come into effect next year: OECD
Global minimum tax of 15 per cent will come into effect from next year and by 2025 almost 90 per cent of MNCs having revenues of more 750 million euros will be subject to the levy in every country of operation, said OECD in its report to G20. «The implementation of the global minimum tax is now well underway and will come into effect from the beginning of next year,» the Organisation for Economic Cooperation and Development (OECD) said in a report to G20 finance ministers and central bank governors.
17.07 / 13:27
Citi
Man
Waters
Fighting
Continental
Southern
Mercury
Temperature reaches new highs as heatwaves scorch the globe
From North America to Europe and Asia, people gulped water and sought shelter from the sweltering heat, with the mercury expected to reach new highs in several places in the next few days. Europe, the globe's fastest-warming continent, was bracing for its hottest-ever temperature this week on Italy's islands of Sicily and Sardinia, where a high of 48 degrees Celsius (118 degrees Fahrenheit) is predicted, according to the European Space Agency.
17.07 / 11:47
Microsoft
Browser
European Commission
Ft
Microsoft faces EU investigation into Teams, Office bundling - FT
Investing.com — EU antitrust authorities will open an investigation next week into whether Microsoft (NASDAQ:MSFT) is unfairly bundling its Teams video conferencing app with its Office service, according to a Financial Times report on Monday.
17.07 / 09:47
UPS
Stablecoin
Digital
Cooper
regulation
Platform
crypto framework
recommendations
Framework
FSB finalizes its recommendations for a global crypto framework
The Financial Stability Board (FSB), an international organization that monitors the global financial system, has come up with a global regulatory framework for crypto. The guidelines, recommended to the 20 leading economies of the world (G-20) are crafted upon the principle of “same activity, same risk, same regulation.”
17.07 / 09:23
Target
Reuters
Platform
Action
data privacy
Meta fined by Norway regulator Datatilsynet over data privacy breaches
Meta Platforms will be fined one million crowns ($100,000) per day over privacy breaches unless it takes remedial action, Norway's data protection authority said on Monday, in a move that could have wider European implications. Regulator Datatilsynet said it would charge the fine every day from August 4 until November 3 unless Meta takes action. It said Meta cannot harvest user data in Norway, such as users' physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to Big Tech.
17.07 / 06:53
Provident
Manufacturing
Mobile
Will replaceable batteries in smartphones return? This is what report suggests…
EU with user replaceable batteries, reported NDTV. As per the report from the publication, upon approval from the Council and Parliament, the law is expected to come into effect in early 2027. In addition to facilitating battery replacements, the recently approved regulations by the European Council also include requirements for rechargeable batteries used in electric vehicles and mobile devices such as smartphones and tablets. Reportedly, these batteries will need to provide information about their carbon footprint, feature a label, and include a battery passport when sold within the EU region.
17.07 / 00:17
Provident
Target
Cooper
Progressive
Action
Deal
China-US climate progress could hinge on new methane deal
By Valerie Volcovici and David Stanway
16.07 / 20:11
Citi
500
EIB may announce 500 million euro funding for India's renewable energy sector: Report
CNBC-TV18 on 16 July. The EIB had committed to investing one billion euros in India's green hydrogen sector earlier in 2023. "EIB is working on important negotiations towards the first phase of its investments in renewable energy.
16.07 / 08:57
Booking
VISA
Gap
Airlines
A huge gap separates G20 tourism aims from reality
₹87 crore for visas not received. Travel agents in India claim this is unprecedented, hinting darkly about a European reprisal for India’s geopolitical stand on the Ukraine conflict. Even if that might sound outlandish, there are many tourists who recount lived horror stories.
16.07 / 08:03
UPS
Digital
Cooper
Man
Strategy
Harmonic
Commerce Ministry looking at ways to increase its bandwidth to negotiate free trade pacts
India for negotiating bilateral free trade agreements (FTAs) to boost economic ties, the commerce ministry is looking at ways to increase its bandwidth for undertaking these time and human resource consuming talks, a senior official said. The commerce ministry officials at present are negotiating several FTAs with countries including the UK, Canada and European Union. «Negotiations are really time consuming and energy consuming and human resource consuming.
16.07 / 06:55
Provident
Reuters
Wagner
Who is Sedoi, whom Putin wants to replace Yevgeny Prigozhin as Wagner chief?
leadership structure. The exact reasons behind this proposal and its implications remain unclear. However, the prominence of Troshev, coupled with his close ties to Utkin, further deepens the intrigue surrounding the Wagner Group and its activities.
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