Eu Financial News

13.07 / 19:45

Provident Waves Extreme Action Gap Banner 7th edition of MoCA begins in the backdrop of record heat waves and extreme flooding across the world

government representatives from some 40-odd countries, representing major negotiating groups, are in Brussels for the Ministerial on Climate Action (MoCA), jointly chaired by the European Union, China and Canada. The two-day informal ministerial, which begins today, is the first meeting since the UN climate talks Bonn in mid-June that saw sharp exchanges over addressing the need to reduce emissions and the provision of support particularly to developing countries to undertake climate action.

13.07 / 18:27

Amazon Progressive Disney Google NVIDIA Cirrus Stocks making the biggest moves midday: Nvidia, Carvana, Disney, Amazon and more

Check out the companies making headlines in midday trading.

13.07 / 17:31

UPS Provident Target Action Strategy Support EU’s bank to support India’s RE mission

NEW DELHI : The European Investment Bank (EIB) will support India’s nascent Indian green hydrogen ecosystem and renewable energy projects with a facility of up to €1billion, the agency said on Thursday. EIB vice-president Kris Peeters will confirm the interest in providing the facility during his upcoming trip to India this week to attend G20 events.

13.07 / 16:31

UPS Target MET Microsoft Google chatbot Alphabet shares soar after it expands AI chatbot internationally

By Bansari Mayur Kamdar

13.07 / 16:31

MET Reuters JPMorgan Remark Chase Deal EU helping UN, Turkey in bid to extend Black Sea grain deal

By Michelle Nichols

13.07 / 15:43

EU Parliament calls on India to safeguard minorities in Manipur as PM Modi arrives in France

Narendra Modi arrived in Paris, France, the European Union (EU) Parliament urged India to safeguard the minorities in northeastern state of Manipur which has been ravaged by the ethnic violence for over two months. The EU Parliament also criticised the “nationalistic rhetoric" which it said was adding to the tensions.

13.07 / 14:47

UPS Target Manufacturing CEO Strategy As Concerns About China Grow, Germany Loosens Its Embrace

For decades, selling to China has been a key ingredient in Germany’s recipe for economic success. Now, Berlin wonders if its partner has gotten too close for comfort. On Thursday, Germany released its first-ever “China strategy," an attempt to balance the relationship’s huge economic benefits with the need to manage risks posed by Beijing’s increasing authoritarianism at home and assertiveness abroad.

13.07 / 14:29

Manufacturing Influx of inquiries from European companies on renewed interest in India: World Trade Center

free trade agreement (FTA) talks with the European Union have sparked an interest from overseas investors and manufactures in the country. The World Trade Center (Pune) is receiving 10-15 inquiries every week from European companies who are keen to manufacture or distribute from India. “There is an influx of inquiries from Europe for India for manufacturing and distribution.

13.07 / 12:53

COST Cotton yarn industry to see 5-7% volume growth in FY24: Report

₹125 per kg in FY22, which was 25-30% higher than the historical average," it said in a report. However, in FY23, Indian cotton yarn exports faced challenges due to the disparity between domestic and international cotton prices. “The global demand slowdown resulting from high inflation and recessionary pressures in developed economies, such as the USA and the European Union, further impacted the industry.

13.07 / 12:21

UPS Cooper Progressive Action Racing Strategy Germany presents long-awaited strategy on China, stresses economic security

The German government has presented a long-awaited strategy for relations with China that points to a “systemic rivalry” with the Asian power and a need to reduce risks of economic dependency, but highlights Berlin’s desire to work with Beijing on chal...

13.07 / 12:21

UPS Microsoft Google Racing Bard chatbot Features Google rolls out AI chatbot Bard to Europe and Brazil and adds more features

Google says it’s rolling out its AI-powered chatbot Bard across Europe and in Brazil, expanding its availability to hundreds of millions more users

13.07 / 09:37

UPS Progressive Southern 2024 Operating margins for the cotton spinning industry to improve 11.5-12.0% in FY 2024

ICRA has recently published a research note on the domestic cotton spinning industry. The rating agency expects demand for the industry to improve by close to 10% in volume terms in FY2024 on a yearly basis, primarily gaining through a shift in preference away from Chinese cotton, and the expectations of demand improving for the spring-summer season in USA and EU regions.

13.07 / 08:25

COST UPS Lowe's FIVE Pool Is big business really getting too big?

Joe Biden, America’s president, spoke for many politicians the world over when he blamed it for greed-fuelled price rises, sluggish wage growth, forgone innovation and fragile supply chains. His trustbusters at the Federal Trade Commission (FTC) have been going after large deals merely because they are large—or at least that is how it feels. Courtroom defeats do not dampen the agency’s zeal.

13.07 / 04:39

Provident Reuters JPMorgan Platform Chase UN calls on Russia's Putin to extend Black Sea grain agreement: Report

Reuters reported. Currently, the last two ships under the agreement are being loaded with cargo at the Ukrainian port of Odesa before the deadline. Moscow has made a significant request for the re-establishment of connectivity between the Russian agricultural bank, Rosselkhozbank, and the SWIFT international payment network.

13.07 / 02:43

Provident Cooper Aware Remark While European Parliament gets ready to discuss Manipur, PM Modi embarks on France trip

Narendra Modi embarked on an official visit to France and the United Arab Emirates (UAE) on July 13 morning. The trip to France was made in response to an invitation from French President Emmanuel Macron and will take place from July 13 to 14. Before departing for France, Prime Minister Modi expressed his anticipation for the meeting with President Macron and expressed his desire to further enhance the partnership between the two countries.

12.07 / 19:57

Facebook UPS Digital Google Platform Why India needs a policy for fair revenue-sharing between Big Tech and digital publishers

Take Google and Facebook. The two aggregate and distribute news and content that others create, and directly or indirectly monetise the resulting traffic, while the publisher gets little or inadequate share. This lopsided system has sparked a debate worldwide on whether and how revenue should be shared between the original producers and distributors of content.

12.07 / 19:47

UPS Enterprise India proposes ease of business norms at G20

global legal framework for ease of doing business at the G20 with emphasis on greater opening up of trade and investment to lift growth, people familiar with the development told ET. The first draft revised declaration, to be discussed by the G20 sherpas at their third meeting under the Indian presidency beginning Thursday, has also received overwhelming backing from all members on Prime Minister Narendra Modi's proposal to include the African Union as a member. Modi had written a letter to all G20 heads of states proposing its inclusion in the membership and it is part of the draft declaration circulated to sherpas.

12.07 / 19:47

Facebook UPS Reuters hearing Meta to contest EU antitrust charges at July 13 hearing

Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said. The European Commission sent a charge sheet to the world's most popular social network last December, singling out two practices that showed that Meta abused its market power.

12.07 / 19:05

regulation Digital Asset MICA European regulator releases consultative paper on MiCA standards for crypto asset service providers

The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It was the first of three consultative packages the agency expects to publish and concerns technical specifications for crypto asset service providers (CASPs).

12.07 / 16:19

Stablecoin regulators MICA guidance compliance EU Regulators Issue Stablecoin Guidance, Calls For Compliance Ahead Of MiCA

Financial regulators within the European Union (EU) have urged stablecoin issuers alongside other industry participants to adopt the guidelines set out in Markets In Crypto Assets Regulation (MiCA).

12.07 / 15:59

Reuters Progressive Software Enterprise Interface Marvell Broadcom European Commission Deal Broadcom's $61 billion VMware deal wins conditional EU antitrust OK

By Foo Yun Chee

breaking news about Eu

What is the current situation in Eu?

In Eu, the spotlight is on major events that impact the interests of residents.

Where can I find reliable news about Eu?

We publish in-depth coverage about the situation in Eu, based on information from official representatives.

What shapes the media agenda in Eu?

The news landscape of Eu is shaped by major cultural and social events, reflecting its specific characteristics.