Eu Financial News

European Union regulators are accusing Apple of breaking new rules on digital competition by imposing rules in its App Store marketplace that prevent app makers from pointing users to cheaper options on other venues

Officials say that China and the European Union are open to holding talks on the EU's recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles

French far-right leader Jordan Bardella has sought to reassure French voters, European partners and international observers that his potential government would lead “realistic” economic policies and “not weaken” France’s voice abroad

Netflix is all set to stream Pablo Escobar documentary in July this year. Titled as 500 Days of Escobar (Los 500 días de Escobar) will drop on OTT streaming giant on July 19. The film witnessed release in Colombia later part of the last year, as per a report on WhatsOnNetflix. The documentary delves into the life of Colombian drug lord, and the famous 500-day plot to hunt him down in 1990s. The film has testimony of Alonso Salazar, María Emma Mejía Vélez, Javier Peña, Óscar Naranjo, Gustavo Salazar Pineda, and Nicolas Escobar Urquijo.

Once one of the largest cryptocurrency exchanges in the world before its monumental collapse two years ago, FTX said this week that nearly all of its customers will receive the money back that they are owed.

Fallen cryptocurrency exchange FTX says that nearly all of its customers will receive the money back that they are owed, two years after its spectacular implosion, and some will get more than that.

In France, parties of the far right and the far left are making election promises that are appealing — and expensive

Schengen visa, as this nation is your best chance of getting such a visa, according to a Schengen news report. “Despite being the second most sought-after Schengen Area destination, Germany’s rates of multiple-entry visa issuance have remained high, as newly released Schengen Visa Statistics show that 90.4% of visas issued by the German consulates in 2023 were multiple-entry,” says the report. This is only 0.2 percentage points lower than in 2022, when 90.6 per cent of short-term visas issued by Germany were for entering the Schengen Area more than once, Schengen.News reports.

Nigerien military authorities have withdrawn the operating permit for a large uranium mine from the French company Orano

electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday. Germany's Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China.

America and Europe are heading down different roads in response to China’s emergence as an electric-vehicle juggernaut. The U.S. is closing its borders to Chinese EVs before they even launch.

Reform UK's top leader Nigel Farage, in an interview with BBC, had claimed that the West had somehow 'provoked' Vladimir Putin to go into war against the Ukraine, a statement that has received severe criticism from leaders like Rishi Sunak and Keir Starmer, says an Evening Standard report.

Nigel Farage, the leader of Britain's right-wing Reform UK party, said the eastward of expansion of the European Union and NATO had provoked Russian President Vladimir Putin's invasion of Ukraine. The remarks, made in an interview with the BBC aired late on Friday, drew strong criticism across the British political spectrum ahead of a July 4 election in which Farage's party is predicted to win millions of votes.

A large chunk of the world's wealth today is locked in illiquid assets, therefore they are typically traded at a discount. 

Red Sea needs to more than double in size because of escalating attacks by Iran-backed Houthi rebels, the head of the operation said. Four EU vessels have been patrolling the waters off the coast of Yemen since February. In that time, they’ve provided “close assistance” to 164 ships, shot down more than a dozen unmanned aerial vehicles and destroyed four anti-ship ballistics missiles, Rear Admiral Vasileios Gryparis said in an interview on Wednesday. The Yemen-based Houthis began attacking vessels last year to pressure Israel and its allies over the war in the Gaza Strip. Their campaign has roiled global shipping, forcing many vessels to sail thousands of miles around southern Africa instead — despite the EU operation and US and UK bombing that began in January.

European Commission is planning to impose provisional duties on electric vehicles (EVs) produced in China ranging from 17.4% to 38.1%, on top of its standard 10% tariff for car imports. The duties are due to apply by July 4.

a government plan to overhaul the country’s public broadcasting services, a move that critics say would result in the government taking full control of the media. The coalition government of populist Prime Minister Robert Fico agreed on the measure on April 24. Fico, who is recovering at home from multiple wounds he suffered in an assassination attempt on May 15, said that the changes are needed, because the services are politically biased and “in conflict with the Slovak government." Thousands have repeatedly rallied in the capital, Bratislava, in protest rallies organized by the major opposition Progressive Slovakia party and others against the plan, which has been widely criticized by local journalists, the opposition, international media organizations and the European Union.

China's Commerce Ministry has accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%

The European Union’s top court says products such as disinfectants can’t be advertised as “skin friendly.”

European Union envoys have reached agreement on a “powerful and substantial” new series of sanctions that are part of its ongoing response to Russia’s invasion of Ukraine

Specialty chemicals platform Distil has raised $3.1 million in a seed funding round led by Jungle Ventures and India Quotient, with participation from other investors and operators. This marks Jungle Venture’s first seed investment in India since the launch of its First Cheque@Jungle, a programme which aims to invest at least $2 million in early-stage startups from idea to seed stage, according to a statement on Thursday.