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EUROPEAN COMPETITIONS
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...
WhatsApp turns admin, puts fee on business chats powered by AI modelsBeginning October 1, AI conversations on WhatsApp powered by third-party models could cost businesses nearly twice as much as those handled...
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...
India-EU FTA legal scrub to end in 10-12 days, deal by Dec 31: Piyush GoyalIndia and the EU are set to ink their free trade agreement by December 31, with legal scrubbing expected to conclude in 10-12 days, marking...
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...
KPIT outlook disappoints, analysts push growth recovery to FY28KPIT Technologies shares tumbled nearly 17% after issuing a weaker-than-expected outlook for FY27. European automakers, facing profitabilit...
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...
Chinese and US risks mean EU chip sector faces a 'bleak future'Further vulnerability stems from the EU's dependence on the U.S. for technology, including design software and the possibility the U.S. cou...
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...
Swedish court orders Google to pay $1.5 billion to Klarna in antitrust damagesA Swedish court has ordered Google to pay approximately $1.5 billion in antitrust damages to PriceRunner, a price comparison firm owned by ...
European markets ride oil tailwinds, but can they challenge Wall Street’s tech supremacy?European equities are rallying as lower crude prices following the Iran ceasefire improve the region’s near-term outlook, easing inflation ...
Paramount moves to ease EU antitrust concerns over Warner Bros Discovery dealParamount Skydance Corp has offered solutions to EU competition watchdogs regarding its massive Warner Bros Discovery acquisition. The comp...
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...
UK regulator considers opening Apple, Google app stores to rival paymentsBritain's competition watchdog is proposing to let app developers direct users to cheaper payment options outside Apple and Google's app st...
EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
Blue crabs were first found in Italy's Adriatic in 1949; 74 years later, they exploded, cut clam output 90%, and pushed 160 km up the Po RiverAmerican blue crabs, famed for their presence in coastal cuisine, are now making an alarming, unprecedented journey deep into Italy's Po Ri...
India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
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...
Amazon, Microsoft cloud computing services should fall under EU tech rules: regulatorsEU antitrust regulators have preliminarily identified Amazon Web Services and Microsoft Azure as 'gatekeepers' under the Digital Markets Ac...
Paramount’s $110 billion Warner Bros takeover on track for EU approvalParamount Skydance’s proposed $110 billion acquisition of Warner Bros Discovery is reportedly moving closer to approval from the European U...