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EU CLIMATE TARGET 2040
EU Commission proposes five major cross-border defence projectsThe European Commission has put forward five significant cross-border defence initiatives, paving the way for EU funding. These projects, i...- EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government supportIndian MSMEs are struggling with the EU's Carbon Border Adjustment Mechanism, facing compliance hurdles due to a lack of financial and tech...
- Extreme heat could change the mix for European drinks makersEurope's scorching heatwaves are challenging the notion that hot weather always boosts alcohol sales. Research indicates that extreme tempe...
- EU officials fear leaders will balk in confronting ChinaDespite acknowledging severe stakes, leaders struggle to agree on tangible steps to address a massive trade deficit and Chinese state subsi...
- AI race weakens climate pledges at Google, AmazonGoogle and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intellig...
- Europe growth hit more by China exports than bigger trade gap, Goldman saysGoldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manuf...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- Samsung to invest $90 billion in South Korea's Chungcheong provinceSamsung Group is set to inject a massive 140 trillion won ($90 billion) into South Korea's central Chungcheong province. This significant i...
- EU launches new measures to attract skilled foreign workers, speeds up single work-residence permit processThe European Union is easing entry for skilled non-EU workers to combat labour shortages. A revamped Single Permit Directive streamlines ap...
- EU top court to rule on record 4.1 bn euro Google fineThe EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti...
- France changes housing aid rules for international students: Here's what to knowFrance is set to discontinue housing aid for non-EU/EEA/Swiss international students without scholarships from July 1, 2026, as part of bud...
- Japan plans sovereign AI model, 10 million AI robotsJapan plans to develop a homegrown artificial intelligence model and have 10 million AI-equipped robots operating in more than a dozen sect...
- Germany demands $450 billion cut to 'unaffordable' EU budget, document showsGermany is pushing for a massive €400 billion cut to the European Commission's proposed €2 trillion budget for 2028-2034, deeming it "unaff...
- Darjeeling tea industry seeks Centre's support amid deepening financial stressDarjeeling's famed tea industry is facing severe financial strain due to aging bushes, climate woes, and labor shortages, leading to a sign...
- Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
- Global Market: Japan govt urges BOJ policy coordination as it targets faster economic growthJapan is aiming for over 1% real economic growth annually, a significant jump from its recent average. This ambitious plan, detailed in a d...
- EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
- Kazakh President pitches for Middle Corridor to boost trade with EuropeKazakh President Tokayev's Brussels visit underscored the vital role of the Middle Corridor, a key Asia-Europe trade route, aligning with t...
- EU moves to strengthen Europol against rising digital, cross-border crimeEuropol warned last year that organised crime gangs were turning to AI-powered scams to target victims. Tackling smuggling gangs that ill...
- A red alert over France, and heat that may rewrite the record booksFrance is grappling with an intense and early summer heatwave, with millions sweltering under record-breaking temperatures. Fifty-four depa...
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