Eu Financial News

The European Commission wants to prevent Russia from using agriculture products as a tool to wreak havoc on the EU market and will impose tariffs on grain imports from Russia and Belarus

French President Emmanuel Macron says he “regrets” the Senate’s vote to reject legislation to ratify a trade deal between the European Union and Canada

BRUSSELS—In a big shift, the European Union is planning to impose tariffs on Russian grain, part of an effort to curb Moscow’s export revenue and appease European farmers who are angry about imports of cheaper agricultural products. The plan—the bloc’s first push to restrict food products from Russia during the war—comes amid protests over Ukrainian agricultural imports by farmers who have at times set up blockades at border crossings.

By Sinead Cruise and Alexander Marrow

By Elvira Pollina and Martin Coulter

A legal adviser to the European Union’s top court has recommended that it annul Europe's fishing agreement with Morocco, which would have allowed European boats to fish for valuable catch off the coast of the disputed Western Sahara

Japan has reported its exports rose 7.8% in February from a year earlier on strong shipments of cars and electrical machinery

Crypto online banking company Meld, which received a VASP license in Lithuania, is set to launch tokenized real-world assets (RWA) for retail investors.

Showcasing strategies and a wealth of ideas, information, and insights, the ‘ETMarkets Emerging Investment Opportunities’ aligns itself with the vision of India's Amrit Kaal; an era holding the promise of significant growth, attracting 14 crore new investors with vast opportunities beyond traditional equities. This event offers a comprehensive platform to explore diverse asset classes like cryptocurrencies and real estate, empowering seasoned and new investors with essential knowledge and tools to navigate the evolving financial landscape. “This entire asset class moves rapidly, with constant changes occurring not only within the country and around the world but also in terms of technology and investor behaviour,” said Patel, the chief of Mudrex, a registered virtual asset service provider in India as well as the EU that has been in the cryptocurrency space for the last six-and-a-half years, kickstarting his presentation. The Bitcoin question and beyond: Regulation and taxation in the crypto universe

By Tetsushi Kajimoto

CCI ordered an investigation into Google's Play Store billing policies, saying that the tech giant has prima facie violated the Competition Act. It asked the director general to probe the issue and submit a report in 60 days. Google earlier offered the Play Billing System (GPBS), under which app developers could only offer the tech giant's own payment method for in-app purchases and were levied a commission of 15-30%. This was held uncompetitive by CCI in 2022. Following this, Google introduced user-choice billing system (UCBS). Under UCBS, apps could offer other payment methods, such as UPI, credit cards and net banking, but it would also attract a commission rate of 11-26%. Internet apps approached CCI, alleging that UCBS was GPBS in a newer avatar and violated CCI's earlier order. In its 21-page March order, CCI said that imposition by Google resulted in app developers having fewer resources to enhance or develop their app offerings, thereby constraining the growth of the app market.

A report by a European business group says that uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China

The British government says it will hold the next meeting of the European Political Community on July 18

France’s competition watchdog has hit Google with another big fine tied to a long-running dispute over payments to French publishers for their news

Polish farmer Piotr Korycki says his business has been badly destabilized by Russia’s war against Ukraine and that the European Union is only adding to his problems

European Union lawmakers have agreed to renew Ukraine’s import rates, which have been in place since shortly after Russia invaded while adding protective measures for agricultural products such as grain and honey to address the concerns of farmers acro...

BRUSSELS (Reuters) — Further consolidation of Europe's airlines was necessary to keep the industry competitive, the CEOs of British Airways owner IAG and Ryanair said on Wednesday, as the EU weighs a new deal.

BEIJING — Trade tensions between Europe and Beijing will likely escalate due to China's growing ability to manufacture more cheaply in strategic industries, according to Jens Eskelund, president of the European Union Chamber of Commerce in China.

By Foo Yun Chee

The U.N. labor agency says illegal profits from forced labor globally have risen to the “obscene” amount of $236 billion per year

The European Union's top diplomat says he's pressing ahead with a plan to use the profits generated from billions of euros of Russian assets frozen in Europe to help provide weapons for Ukraine