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European Union drags India to WTO over import duties on ICT products

European Union drags India to WTO over import duties on ICT products

Wed, Apr 03, 2019

The European Union (EU) Tuesday said it has dragged India into WTO's dispute settlement mechanism over imposition of import duties on certain ICT product, including mobile phones, alleging breach of global trade norms.

Facebook plans more fact-checking ahead of European Parliament election

Facebook plans more fact-checking ahead of European Parliament election

Tue, Mar 19, 2019

Facebook plans to ramp up efforts to fight misinformation ahead of the European Parliament election in May and will partner with German news agency DPA to boost its fact-checking, a senior executive said on Monday.

Does Google harm local search rivals? EU antitrust regulators ask

Does Google harm local search rivals? EU antitrust regulators ask

Sun, Dec 02, 2018

EU antitrust regulators have asked Google`s rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit.

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Domestic auto industry seeks cars to be left out of FTA with EU

Domestic auto industry seeks cars to be left out of FTA with EU

Sun, May 13, 2018

While in the past, EU had demanded on inclusion of cars in the pact, Indian automobile makers had insisted that such a step will be detrimental to the country's ambition to become a global automotive manufacturing hub. According to industry sources, if such a demand from the EU were to be accepted, India has more to lose specially in the post Brexit scenario

Donald Trump may cause this big calamity to happen, says Standard & Poor's

Donald Trump may cause this big calamity to happen, says Standard & Poor's

Mon, Mar 12, 2018

The US had last week raised import duties on steel and aluminium products to 25 per cent and 10 per cent, respectively. According to trade experts, the decision is unlikely to impact exports of these items to America. However, they have expressed fear that such protectionist measures would impact global trade.

EU wants to restrict single market access to UK

EU wants to restrict single market access to UK

Wed, Feb 07, 2018

The European Union (EU) wants to be able to restrict the UK`s access to the single market if there is a dispute after Brexit, according to a leaked document.

Facebook makes privacy push ahead of strict EU law

Facebook makes privacy push ahead of strict EU law

Mon, Jan 29, 2018

Facebook said on Monday it was publishing its privacy principles for the first time and rolling out educational videos to help users control who has access to their information, as it prepares for the start of a tough new EU data protection law.

Brexit talks: EU President Tusk says 'most difficult challenge' ahead

Brexit talks: EU President Tusk says 'most difficult challenge' ahead

Fri, Dec 08, 2017

EU President Donald Tusk warned that talks on a post-Brexit trade deal and transition period would be even more difficult than a hard-won agreement on divorce terms that was sealed today.

Apple, Volkswagen, BMW warn EU over patent fees guidelines

Apple, Volkswagen, BMW warn EU over patent fees guidelines

Thu, Oct 26, 2017

The move comes as the EU executive ponders whether a fridge maker should pay a different rate for crucial patents than a carmaker, or whether a flat, fixed rate would be fairer.

India stares at losing Rs 1700 crore worth of EU basmati exports to Pakistan

India stares at losing Rs 1700 crore worth of EU basmati exports to Pakistan

Wed, Jul 05, 2017

Ahead of the visit of an Indian delegation to the EU to resolve the basmati rice issue, grain exporters body AIREA today said tough norms by the European Commission will hit the exports badly as the trade worth over Rs 1,700 crore could shift to Pakistan.

EU hits Google with record $2.7 billion fine

EU hits Google with record $2.7 billion fine

Wed, Jun 28, 2017

EU antitrust regulators hit Google with a record 2.4-billion-euro ($2.7 billion) fine for favouring its own shopping service, taking a tough line in the first of three probes of its dominance in searches and smartphone operating systems.

Asia stocks shake off Wall Street blues, sterling steady before Brexit talks

Asia stocks shake off Wall Street blues, sterling steady before Brexit talks

Mon, Jun 19, 2017

Asian stocks rose on Monday, shaking off Wall Street`s uninspiring performance on Friday, while sterling was mostly steady after a van rammed into pedestrians in London even as markets braced for the start of Brexit talks.

Britain to hold special two-year parliament session to tackle Brexit

Britain to hold special two-year parliament session to tackle Brexit

Sun, Jun 18, 2017

The British parliament will hold a rare two-year legislative session to tackle the complexities of Britain`s departure from the European Union, the government said on Saturday.

Google facing EU ban over search engine dominance

Google facing EU ban over search engine dominance

Sat, Jun 17, 2017

Accused of manipulating its search engine results to favour its new shopping service, search engine Google may face a record-breaking fine from Brussels of nearly $1.1 billion, media reported on Friday.

Gold slips; early UK poll results point to hung parliament

Gold slips; early UK poll results point to hung parliament

Fri, Jun 09, 2017

The prices of gold declined on Friday ahead of the UK election verdict with early results suggesting no clear winner for one single party.

India's strong growth offers opportunities for Spanish firms, says PM Narendra Modi

India's strong growth offers opportunities for Spanish firms, says PM Narendra Modi

Wed, May 31, 2017

Prime minister Narendra Modi during his visit to Spain on Wednesday said that India's strong economic growth offers many opportunities for Spanish firms to invest in the country in fields of infrastructure, defence, tourism and energy, among others.

Gitanjali Gems among 3 Indian brands in world's top 50 luxury goods cos list

Gitanjali Gems among 3 Indian brands in world's top 50 luxury goods cos list

Sun, May 21, 2017

Three Indian brands namely Gitanjali Gems, Titan and PC Jeweller have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.

Britain set to lose 9,000 bank jobs as they plan to move due of Brexit

Britain set to lose 9,000 bank jobs as they plan to move due of Brexit

Mon, May 08, 2017

Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit.

Srichand & Gopichand Hinduja lead UK's annual billionaires list

Srichand & Gopichand Hinduja lead UK's annual billionaires list

Sun, May 07, 2017

Hinduja brothers-Srichand and Gopichand Hinduja- have led the pack of 134 UK-based billionaires list in 2017 by making their fortune from investments in industries such as oil and gas, automotive, IT, energy, media, among others.

EU to exclude financial services from trade deal with UK post-Brexit

EU to exclude financial services from trade deal with UK post-Brexit

Wed, Apr 26, 2017

An earlier version of the guidelines only said that future trade agreement should "not endanger financial stability in the Union and encompass safeguards against unfair competitive advantages

British PM May calls for an early election to strengthen Brexit hand

British PM May calls for an early election to strengthen Brexit hand

Tue, Apr 18, 2017

Prime Minister Theresa May called on Tuesday for an election on June 8, saying Britain`s opposition parties risked worsening her negotiating hand in divorce talks with the European Union by opposing her Brexit plan.

Turkey President Erdogan makes final push on referendum to tighten his grip on the country

Turkey President Erdogan makes final push on referendum to tighten his grip on the country

Sat, Apr 15, 2017

President Tayyip Erdogan appealed for support from Turkish voters in final campaign rallies on Saturday, the eve of a referendum which could tighten his grip over a country bridging the European Union and a conflict-strewn Middle East.

UK consumer spending grows at slowest rate in three years

UK consumer spending grows at slowest rate in three years

Mon, Apr 10, 2017

British consumer spending increased at the slowest annual pace in more than three years in the first three months of 2017, in a further sign that one of the economy`s main engines is losing steam as Brexit preparations begin, a survey showed on Monday.

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