Eu Financial News

12.12 / 20:37
MET Cooper President War 2020 UK leader Starmer invited to EU meeting in latest sign of post-Brexit thaw
U.K. Prime Minister Keir Starmer will attend a meeting of European Union leaders early next year
12.12 / 13:35
markets Strategy economy Election Trade country Updates ECB cuts key deposit rate by 25 bps to 3% amid concerns of tepid growth, impact of Trump trade policies
European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs. The bank's rate-setting committee made the decision on Thursday at its skyscraper headquarters in Frankfurt to lower the benchmark from 3.25% to 3%.
12.12 / 07:13
markets Digital Strategy Software economy Sustainability Trade India, EU aiming for balanced, ambitious comprehensive and mutually beneficial FTA: Piyush Goyal
FTA) with the European Union (EU) during an interaction with Ambassadors from the European Commission delegation and member states. According to the Ministry of Commerce and Industry, the meeting, attended by representatives from Austria, Belgium, Bulgaria, and several other EU nations, along with senior Indian officials, emphasized the growing trade and economic partnership between India and the EU. Highlighting the progress in the FTA negotiations, Goyal acknowledged the need for political guidance to finalize a commercially meaningful agreement that respects the sensitivities of both parties.
11.12 / 19:37
markets Target Action President War country EU targets Russia's ghost fleet shipping oil in a new round of sanctions
European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine
11.12 / 11:19
European Union European Commission Bitcoin retreats after 33% surge since Trump’s US election win
Bitcoin has been on a tear, surging more than 33% since Donald Trump won the US presidential election on 5 November. On Tuesday, the world’s largest digital token briefly topped $90,000 (€85,000), after breaking through the $80,000 mark over the weekend.
10.12 / 16:21
UPS MET Waters Barcelona reports International China’s CATL, Stellantis to jointly build electric vehicle battery factory
Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern Spain
10.12 / 15:15
UPS Refugees show country politician International Europe asks: Is it time for Syria’s refugees to go home?
Subscribe to enjoy similar stories. Days after Syria’s autocratic ruler fled the country, European politicians have reignited the debate over the region’s decade-old refugee crisis. On Monday, Germany and Austria said they were putting asylum applications by Syrians on hold.
10.12 / 13:05
Digital Cooper security Strategy Software Trade Ahead of next year's summit, India, EU agree to hold strategic foreign policy dialogue
European Union on Tuesday agreed to hold the first-ever ministerial strategic foreign policy dialogue soon to jointly navigate an array of critical challenges including geo-political tensions and Chinese belligerence in the Indo-Pacific and beyond. The decision to institute the strategic dialogue was taken during a phone conversation between External Affairs Minister S Jaishankar and his counterpart from the 27-nation bloc Kaja Kallas. In a post on 'X', Kallas, the EU High Representative for Foreign Affairs and Security Policy, said it was agreed to hold the first ministerial strategic foreign policy dialogue soon. The move to hold the dialogue comes months before India and the EU hold summit-level talks in New Delhi that is expected to see significant outcomes in terms of deepening of cooperation in a range of areas such as security, digital public infrastructure and trade.
10.12 / 07:11
UPS Provident Justice country cover Investigations Don’t jump the gun: We may not need a new law to shield us from AI harms
Subscribe to enjoy similar stories. In an earlier article in this column, I spoke of a lecture that Justice Easterbrook once delivered on the subject of property in cyberspace. His talk was titled ‘Cyberspace and the Law of the Horse,’ which was his way of highlighting the foolishness of coming up with fresh laws to regulate new technologies when general principles of law already addressed the concerns these new technologies raised.
09.12 / 03:31
markets Digital Strategy Software Experts 2024 will be the hottest year on record, EU scientists say
European Union scientists said on Monday. The data from the EU's Copernicus Climate Change Service (C3S) comes two weeks after U.N. climate talks yielded a $300-billion deal to tackle climate change, a package poorer countries blasted as insufficient to cover the soaring cost of climate-related disasters. C3S said data from January to November had confirmed 2024 is now certain to be the hottest year on record, and the first in which average global temperatures exceed 1.5 degrees Celsius (2.7 degrees Fahrenheit) above the 1850-1900 pre-industrial period.
09.12 / 02:09
markets Extreme Sustainability Research Experts Universities reports From Zara to Nike, H&M, and Levi’s, garment makers feel the heat under EU sustainability laws
extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address. New European Union regulations make retailers selling in the bloc, like Inditex, H&M and Nike, legally liable for conditions at their suppliers, putting pressure on them to help fund improvements to cool factories they source from. In Dhaka, Hanoi, Ho Chi Minh City, Phnom Penh and Karachi, the number of days with «wet-bulb» temperatures — a measurement that accounts for air temperature as well as humidity — above 30.5 degrees Celsius jumped by 42% in 2020-2024 compared to 2005-2009, researchers at Cornell University's Global Labor Institute found.
06.12 / 21:07
UPS Digital Platform Election TikTok information Courts The EU makes an urgent TikTok inquiry on Russia's role in Romanian election turmoil
The European Union has sent TikTok an urgent request for more information about Romanian intelligence files suggesting that Moscow coordinated influencers on its platform to promote an election candidate who became the surprise front-runner in the nati...
06.12 / 21:07
UPS Waters security Fishing reports Investigations Atalanta A Chinese vessel has been hijacked off the Somali coast, officials say
Local authorities in Somalia have confirmed that a Chinese-owned fishing vessel with 18 crew members aboard was hijacked last week off the northeastern coast of Xaafuun district in Somalia’s Bari region
06.12 / 21:07
markets UPS economy Sustainability Trade President country The EU and a South American trade bloc reach a giant trade deal after 25 years of talks
The European Union has reached a blockbuster free trade agreement with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance
06.12 / 21:07
country cover Oil flow to Czech Republic through Russia's Druhzba pipeline resumes after unexplained shutdown
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline has resumed after it was interrupted two days ago, official said
06.12 / 07:39
Digital Citizens security track country information travelers Seamless border crossings are crucial to a well-integrated world economy
Subscribe to enjoy similar stories. As the world goes increasingly digital, the promise of seamless travel clashes with fragmented data systems and tedious processes. Without a balanced approach that integrates personal data protection, national security and user accessibility, the intended benefits of digital borders risk being undermined.
05.12 / 16:17
Artificial Intelligence European Commission Bitcoin soars to all time high as markets sense Trump victory
Bitcoin has hit its highest value ever as early results suggest Republican nominee Donald Trump might be on course to win the 2024 US presidential election.
05.12 / 14:27
markets UPS community Trade President stage country EU chief in Uruguay for final talks on a huge trade deal with the South American Mercosur bloc
European Commission President Ursula von der Leyen has arrived in Uruguay for the final stages in years-long negotiations to clinch a trade deal between the 27-nation EU and the South American Mercosur trade bloc that would create a trans-Atlantic mark...
05.12 / 12:41
Aviat Airlines Southern country 2020 International Pakistan's state-run airline to resume flights to Europe in January after EU agency lifted ban
Pakistan’s state-run airline says it is preparing to resume direct flights to European countries early next month
04.12 / 13:59
wellness Trade country Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted
04.12 / 13:59
Waters Sustainability Trade show Updates EU pushes back deforestation law by a year after outcry from global producers
The European Union has agreed to delay by a year the introduction of new rules to ban the sale of products that lead to massive deforestation

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