Eu Financial News

23.04 / 09:13

Provident Cooper Mobile country travelers rights Updates Indians can now apply for multiple entry Schengen visa with longer validity. Check details

Germany. According to the European Union's official website, the rules have been updated in view of strengthened relations between European Union and India under EU-India Common Agenda on Migration and Mobility. This agenda seeks comprehensive cooperation on migration policy between the European Union and India, with facilitation of people-to-people contacts being of key aspect due to the importance of India as a partner for the EU.

23.04 / 08:42

UPS Digital Platform TikTok information Features Videos The EU ratchets up pressure on TikTok's new rewards app over risks to kids, warns of suspension

The new app pays users to watch videos.

23.04 / 08:26

markets UPS War country Rice war: India's strategic offensive to counter Pakistan's EC plans

basmati exports to the EU have consistently risen over the past three years. According to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS), in FY23, India exported 152,857 metric tonnes (MT) of Basmati valued at $167 million, up significantly from 88,452 MT worth about $93.4 million. Between 1 April 2023 and 31 January 2024, India exported 130,122 MT ($168 million) of Basmati to the EU, indicating robust demand for Indian basmati in the EU market.

23.04 / 08:19

UPS Provident Citizens country gay reports Department How Chinese networks clean dirty money on a vast scale

American Intelligence Journal, Virginia Kent of the State Department and Robert Gay of the National Intelligence University in Maryland wrote of a “bloodless coup" by Chinese money-handling organisations, noting how, in recent years, they have largely displaced home-grown ones in Mexico that were previously used for this purpose. The authors (expressing their personal views) called these Chinese operators “a new and more challenging money-laundering foe". The American government has been sounding the alarm.

23.04 / 06:44

Digital crypto tax Experts information reports International Finnish Tax Administration Found €30 Million Worth Unreported Crypto Gains in 2023

Finland’s Tax authority has found profits from sales of unreported crypto gains in 2023, amounting to €30 Million ($31.9 million). As a result, the EU nation has mandated reporting of income from the sale of mining digital assets.

21.04 / 07:56

COST UPS Election Trade country reports The wind is picking up, but only in China

For the past few years, the global wind industry has been stuck in the doldrums. With rising interest rates and materials costs whittling away developers’ profit margins, and political and economic elites cooling on the energy transition, installations of new turbines went sideways. Even as the electric vehicle and solar industries gathered speed, wind ran into turbulence. The sector was left drenched in red ink, project cancellations, and failed auctions.

19.04 / 22:48

Target MET Strategy Election Bill Finish line in sight for Railways’ electrification post election

₹8,070 crore for electrification, with nearly half now expected to be spent in FY25, the person quoted above said. Query sent to the ministry of railways remained unanswered till press time. This electrification push is part of Indian Railways' strategy to reduce its annual fuel bill of over ₹15,000 crore.

19.04 / 06:00

UPS Provident Target War shooting NATO and the EU urge G7 nations to step up air defense for Ukraine and expand Iran sanctions

Top NATO and European Union officials are urging industrialized nations to take quick and concrete steps to provide more air defense systems to Ukraine

19.04 / 05:59

Provident Mobile Research students country travelers International EU proposes youth mobility agreement with UK to help youngsters travel, work and live in both areas

The European Commission is proposing to open negotiations with the United Kingdom to allow young people to move freely, work and study in both regions after Brexit — the U.K.’s departure from the EU four years ago

19.04 / 05:59

markets Fighting Trade President War innovations NOT Europe wants 2 things from China. It may not get far on either of them.

Europe wants two things from China: First, a shift in its relatively pro-Russia position on the war in Ukraine

19.04 / 05:59

markets UPS Gap Strategy Trade President reports 'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

European Union leaders debated at a summit in Brussels a new “European Competitiveness Deal” aimed at helping the 27-nation bloc close the gap with Chinese and American rivals

19.04 / 05:59

UPS Extreme Election Food War rights Frustrated farmers are rebelling against EU rules. The far right is stoking the flames

Europe’s farmers are angry, and staging their biggest protests in half a century

19.04 / 05:59

UPS Provident security Experts show social information One Tech Tip: What to do if your personal info has been exposed in a data breach

Data breaches are becoming an almost regular occurrence

18.04 / 02:49

UPS Digital Platform TikTok European Commission social Videos European Union questions TikTok on new app that pays users for watching

European Union regulators are seeking details from TikTok on a new app from the video sharing platform that pays users to watch videos

17.04 / 22:37

Target Citizens Bill Freedom gatherings Georgia's parliament votes to approve so-called 'Russian law' targeting media in first reading

Georgia’s parliament has voted in the first reading to approve a proposed law that would require media and non-commercial organizations to register as being under foreign influence if they receive more than 20% of their funding from abroad

17.04 / 20:09

markets Provident Reuters Digital WhatsApp information Investigations Microsoft-OpenAI's $13-billion deal set to dodge formal EU merger probe

European Union's antitrust regulators have concluded that Microsoft's $13 billion investment into OpenAI is not an acquisition, sources familiar with the matter said on Wednesday, signaling the deal will avoid a formal European probe that could have led to onerous remedies for the US tech giant. Microsoft, OpenAI and a spokesperson of the European Commission did not immediately respond to Reuters requests for comment.

17.04 / 19:15

security President War reports peace What to expect from G7 foreign ministers' meet in Italy: Mideast crisis, sanctions on Iran, support for Ukraine

Israel and Iran amid the ongoing Israel-Hamas war in Gaza. As per the statement, "the continuing escalation of tensions between Israel and Iran and the wars in Gaza and in Ukraine will dominate the agenda of the ministers." The G7 ministers will discuss the Middle East situation on Thursday morning, news agency AFP reported. Iran's latest attack on Israel mounted tensions in the Middle East region, with the Iran-backed Hezbollah group exchanging fire across the border with Israel almost daily since the incursion.

17.04 / 11:51

Provident Digital Landmark TikTok European Commission information Schools Investigations TikTok quizzed by EU on TikTok Lite launch in France, Spain

TikTok has been given 24 hours to provide a risk assessment on its new app TikTok Lite launched this month in France and Spain on concerns of its potential impact on children and users' mental health, the European Commission said on Wednesday. The move by EU industry chief Thierry Breton under EU tech rules known as the Digital Services Act (DSA) comes two months after he opened an investigation into TikTok over possible DSA breaches.

17.04 / 03:57

MET Google security Experts 2020 Schools Vote on EU cybersecurity label delayed to May

EU cybersecurity label allowing Amazon, Alphabet's Google and Microsoft to bid for highly sensitive EU cloud computing contracts to May, people familiar with the matter said on Tuesday. The European Union wants to introduce a cybersecurity certification scheme (EUCS) to vouch for the cybersecurity of cloud services and help governments and companies pick a secure and trusted vendor for their cloud computing business.

17.04 / 03:57

Reuters Platform information reports Schools Investigations France's Mistral AI seeks funding at $5 billion valuation: report

Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter.

17.04 / 03:15

markets UPS Provident FIVE Manufacturing Enterprise guidelines Competition penalties going by global turnover call for a rethink

₹64.3 crore while in 2021 it was over ₹1,000 crore. Recovery of such fines has only been 0.4% over the past five years. The current framework for fine imposition and recovery must be made more enforcement-oriented.

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