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Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept. 13. It has also entered a new phase of sandbox testing, it said.

NEW DELHI : Monin, a French syrups company, is set to expand its production in India with a ₹300 crore investment in a new plant in Telangana. Although the company announced the plant in 2018, its groundbreaking is happening this week, said Olivier Monin, chairman, Georges Monin SA. The investment into Monin India Pvt.

Lawmakers in the European Parliament voted overwhelmingly in support of the eighth iteration of the Directive on Administrative Cooperation (DAC8), a cryptocurrency tax reporting rule, in a plenary session on Sept. 13. 

A renaissance for the nuclear-power industry has run into a problem: Prices have soared for the radioactive uranium required to fuel reactors in the decades ahead. New reactors have connected to the grid in the U.S., Asia and Europe, while the lifetime of existing plants has been extended. Japan is bringing power stations that were closed after the 2011 Fukushima disaster back online.

EU lawmakers have approved new rules requiring airlines to use more sustainable fuels across the bloc in a bid to help decarbonize the sector

A major new exhibition is opening at London’s V&A Museum to honor and celebrate the life and iconic designs, as well as many more lesser-known creations by famed French designer Gabrielle “Coco” Chanel

A flotilla of flimsy boats, crowded with migrants and launched from Tunisia is overwhelming a tiny Italian island south of Sicily

The European Union is launching an investigation into subsidies that China provides to electric vehicle makers

French regulators have ordered Apple to stop selling the iPhone 12, saying it emits electromagnetic radiation levels that are above European Union standards for exposure

Vladimir Putin has welcomed the India-Middle East-Europe connectivity initiative, emphasising its logistical advantages. Putin said the project would complement the International North-South Transport Corridor (INSTC), which would, in turn, benefit Moscow. “I believe that this will only benefit us. I believe that this will only help us develop logistics,” Putin said in his address to the Eastern Economic Forum in Vladivostok on Tuesday. The Russian president said the India-Middle East-Europe connectivity project would help his country develop logistics and added that the project had been under discussion for several years. Putin, however, chided the US over its participation.

Davis Cup 2023 Finals Group matches are currently underway, spanning from September 12 to September 17, with the next stage scheduled between November 21 and November 26. This six-day event showcases 16 national teams competing in four European cities, all vying for the opportunity to secure one of the eight coveted spots in the Davis Cup Finals this November. The 16 nations participating in the Finals Group Stage this week have been divided into four groups, each consisting of four teams. These competitive matchups will be held in Bologna, Italy; Manchester, England; Split, Croatia; and Valencia, Spain.

New Delhi Declaration adopted at the G20 Summit emphasised the «strengthening» of the fight against illicit trafficking of cultural property at the national, regional or international levels to enable its «return and restitution» to their countries and communities of origin.

(Reuters) — The highest inflation for decades and the fallout from war in Ukraine have forced companies across Europe into layoffs or hiring freezes.

BRUSSELS—The European Union is launching an antisubsidy investigation into China’s electric-vehicle makers, opening a new front in the battle for leadership of the global clean-technology industry. The probe, announced Wednesday, reflects growing concern in Europe about the impact of low-price products from China on the bloc’s domestic industries. It could result in tariffs if officials from the European Commission, the bloc’s executive body, conclude that Chinese EV manufacturers are receiving subsidies that are hurting Europe’s auto industry.

Investing.com — European stock markets weakened Wednesday after the U.K. contracted by more than expected in July, while investors braced for key U.S. inflation data.

In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets. 

Adobe, IBM, Nvidia and five other companies have endorsed U.S. President Joe Biden's voluntary artificial intelligence (AI) commitments, including watermarking AI-generated content. 

In a bid to reshape its immigration landscape, Canada has introduced major changes to its Express Entry system and Provincial Nominee Program (PNP). The country aims to welcome 117,500 newcomers through the PNP annually by the end of 2025. These changes come in the form of six new attribute-based Express Entry categories, announced by Immigration, Refugees and Citizenship Canada (IRCC) on May 31.

Apple said on Wednesday its iPhone 12 model was certified by multiple international bodies as compliant with global radiation standards after a French watchdog ordered it to stop selling the handset on the grounds it breaches European exposure limits. The ANFR radiation watchdog told Apple on Tuesday to halt sales of iPhone 12s in France after tests which it said showed the phone's Specific Absorption Rate (SAR)- a measure of the rate of radiofrequency energy absorbed by the body from a piece of equipment — was higher than legally allowed.

Rahul Mishra was on Tuesday conferred with the insignia of Chevalier de l'Ordre des Arts et des Lettres at a function at the Residence of France here. The French government's distinction l'Ordre des Arts et des Lettres (Knight of the Order of Arts and Letters) is bestowed upon «persons who have distinguished themselves by their creativity in the field of art, culture, and literature or for their contribution to the influence of arts in France and throughout the world». Ambassador of France to India Emmanuel Lenain presented the medal to Mishra for his career and connection to France. «We wish you the best. For all these reasons, the French government wanted to give this honour to you. You're not going to be alone. Many Indian artistes have received this. One of the last was Shah Rukh Khan. You're in good company,» the ambassador said at the event. Mishra, who shared the stage with his wife Divya, expressed his gratitude to the government of France for the honour. «I'm deeply humbled to receive the Chevalier de l'Ordre des Arts et des Lettres by French ambassador Emmanuel Lenain. He has been a great supporter and friend. Also thanks to French President Emmanuel Macron for his kind recognition,» the Delhi-based designer, known for marrying slow fashion with traditional Indian crafts, said in his acceptance speech.

IndiGo will soon wear a wrist gadget and use a ground device to detect fatigue and check their alertness level before and after their flights. The airline will start this experiment in collaboration with French aerospace conglomerate Thales group to collect data and use it to make flight patterns and roster which are reduces tiredness of their pilots, The airline will also on board a sleep researcher who will work on its fatigue management system, according to an internal memo reviewed by ET. “After six years of research, they have developed a fatigue detection model, offering detailed insights into demographic data, including routes, pairings, crew profiles, and more, going beyond traditional scheduling- models. “IndiGo will conduct a proof-of-concept trial for their technology-driven interface to assess pilot alertness levels over the next few months. Once completed, we will collectively evaluate the efficacy and accuracy of the data,” Ashim Mitra, senior vice president of Flight Operations wrote in a note to pilots. However IndiGo will continue the existing system where pilots can ask for removal from duty when they feel tired. Initially, the ground devices will be set up at large bases of IndiGo like Delhi, Mumbai, Bengaluru and Chennai where pilots will undergo a five minutes test.