Eu Financial News

The prime ministers of the Czech Republic, Hungary, Poland and Slovakia says the four Central European countries are deeply divided over Russia's war against Ukraine and how to resolve the conflict

The European Union is looking into Microsoft’s partnership with French startup Mistral AI

Latvia’s government has extended restrictions on the entry of Russian citizens into the Baltic country until next year

Thousands of farmers are marching in Poland’s capital to protest European Union agricultural policies and imports of cheap food from neighboring Ukraine

froze hundreds of billions of dollars in Russian foreign holdings in retaliation for Moscow’s invasion of Ukraine. Those billions have been sitting untapped as the war grinds on, now in its third year, while officials from multiple countries have debated the legality of sending the money to Ukraine. More than two-thirds of Russia’s immobilized central bank funds are located in the EU.

Spain’s financial regulator has issued warnings to investors regarding 18 companies offering services in the country despite facing registration issues.

Microsoft's deal with French tech startup Mistral AI should be further investigated, one of the lawmakers who oversaw the drafting of the European Union's landmark AI Act said. On Monday, Microsoft announced it would soon make Mistral's AI models available through its Azure cloud computing platform.

By Huw Jones

Google Cloud on Monday ramped up its criticism of Microsoft's cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence. Microsoft and Amazon have recently attracted scrutiny in Britain, the European Union and the United States over their market power in cloud computing. Google trails a distant third behind the two leaders.

cross-border remittances has found support from many World Trade Organization members including the European Union, officials said. Except for the US, most countries have favoured a work programme at the WTO for cheaper, faster and more accessible cross-border payments including remittances. Separately, Indonesia has backed New Delhi's proposal to reinvigorate the work under the Work Programme on Electronic Commerce, which requires structured discussion on trade-related issues over global e-commerce, taking into account the economic, financial and development needs of developing countries. Last week, New Delhi pushed for promoting interoperability and interlinkages of digital payment infrastructure including fast payment systems to lower transaction costs.

By Foo Yun Chee

Farmers have clashed with police in Belgium, spraying officers with liquid manure and throwing eggs and flares at them in a fresh show of force as the European Union’s agriculture ministers met in search of ways to address the protesters’ concerns

Greece has formally agreed to participate in and lead a European Union maritime security operation in the Red Sea, to protect commercial shipping from attacks by Houthi militants in Yemen

By Kate Abnett and Philip Blenkinsop

NEW DELHI : Prime Minister Narendra Modi exhorted captains of India’s textiles industry to tap the export potential for their products in Africa and the European Union. This draws significance at a time when India is positioning itself as a global textiles sourcing destination by focusing on quality and sustainable manufacturing of apparel. In the first 10 months of the current fiscal year, India exported $27.69 billion worth textile products across the globe.

OnePlus is set to unveil its OnePlus Watch 2 at the Mobile World Congress in Barcelona today, while a dedicated Amazon microsite for the smartwatch reveals that it will launch in India alongside its global launch today. In a departure from the square design of the previous generation OnePlus Watch, the latest smartwatch will feature a circular design on the front and will run on Google's WearOS. According to tipster Ishan, the Indian version of the OnePlus Watch 2 will start at ₹24,999, while the US version will start at $299 and the UK and EU versions will start at £299 and €329 respectively.

Across the EU, those battling climate change and defending the environment feel they are ever more on the defensive

By David Stanway

Britain and its former partners in the European Union have struck a deal to cooperate more on tackling illegal migration

Angry farmers are back in Paris on their tractors on the eve of a major agricultural fair in the French capital, in a new protest demanding more government support and simpler regulations

The head of the European Union’s powerful Commission says decisions will be taken soon to release billions of euros to Poland, funds frozen by the bloc over the previous Polish government’s anti-EU policies