Stalled Iran nuclear talks have been ‘reopened’: EU

Stalled Iran nuclear talks have been ‘reopened’: EU

Stalled negotiations over Iran‘s nuclear programme have been unblocked after fresh talks in Tehran, EU foreign policy chief Josep Borrell said Friday, adding that he believed a final deal was within reach. Borrell said a mission by EU envoy Enrique Mora this week to help revive the 2015 nuclear pact between Iran and world powers … Read more

India, EU to launch Trade and Technology Council to deepen strategic cooperation

India, EU to launch Trade and Technology Council to deepen strategic cooperation

President of the European Commission Ursula von der Leyen and Prime Minister Narendra Modi held bilateral talks in New Delhi on Monday and agreed to launch the EU-India Trade and Technology Council while also committing to strengthen the strategic partnership. The European Commission, in a press statement, said this strategic coordination mechanism will allow both … Read more

Ukraine eyes future power trade with EU after emergency grid link

Ukraine eyes future power trade with EU after emergency grid link

Ukraine could increase electricity exports to the European Union and is working to enable power trade with Europe in the future, the country’s top utility and its electricity grid operator said on Thursday. The EU and Ukraine linked Europe’s electricity system to Ukraine’s grid on March 16 in response to Russia‘s invasion. The move increased … Read more

EU proposes sanctions on Russian coal, shipping

EU proposes sanctions on Russian coal, shipping

The EU executive on Tuesday proposed a fresh wave of sanctions against Russia that would include a ban on coal imports and blocking Russian ships from entering European ports. “Russia is waging a cruel, ruthless war, also against Ukraine‘s civilian population. We need to sustain utmost pressure at this critical point,” European Commission President Ursula … Read more

Ukraine seeks quick entry to EU; first round of talks with Russia ends

Ukraine seeks quick entry to EU; first round of talks with Russia ends

Kyiv: A top adviser to Ukraine’s president says the first round of talks with Russia about ending the fighting in Ukraine has concluded, and more talks could happen soon. Meanwhile, Volodymyr Zelenskyy has signed an application for Ukraine to join the European Union, in a bid to solidify his country’s bond with the West. The … Read more

Germany says EU, NATO, G7 to launch ‘massive sanctions’ against Russia

Germany says EU, NATO, G7 to launch ‘massive sanctions’ against Russia

Germany on Thursday said the EU, NATO and the G7 would work to hit Russia with severe sanctions after the Kremlin launched an air and ground assault on Ukraine. “We will launch the full package with the most massive sanctions against Russia and we will strengthen our security and our allies,” Foreign Minister Annalena Baerbock … Read more

Intel Wins Big as Court Scraps $1.2 Billion EU Antitrust Fine

Intel Wins Big as Court Scraps .2 Billion EU Antitrust Fine

Intel on Wednesday won its fight against a EUR-1.06-billion (roughly Rs. 8,900 crore) EU antitrust fine that the US chipmaker was handed 12 years ago for stifling a rival, in a major setback for EU antitrust regulators. The judgment by Europe’s second-top court in support of Intel’s arguments is likely to cheer Alphabet unit Google in … Read more

Intel Keeps Europe Waiting as It Commits to New US Chip Factories

Intel Keeps Europe Waiting as It Commits to New US Chip Factories

Intel still intends to develop European chip manufacturing capacity despite the delayed plans being overshadowed by its announcement on Friday of a more than $20 billion (roughly Rs. 1,49,330 crore) investment in two new US semiconductor plants. The company said in September it could invest as much as $95 billion (roughly Rs. 7,09,370 crore) in Europe over the … Read more

EU urges ‘all air travel’ suspended with variant-hit countries

EU urges ‘all air travel’ suspended with variant-hit countries

The EU proposed member states stop all flights to and from southern Africa following the discovery of a new Covid-19 variant that scientists fear could beat vaccinations, EU chief Ursula von der Leyen said on Friday. “All air travel to these countries should be suspended until we have a clear understanding about the danger posed … Read more

EU countries agree on common stance on new rules for US tech giants

EU countries agree on common stance on new rules for US tech giants

EU countries on Thursday agreed on a common position on new rules to curb the power of U.S. tech giants and force them to do more to police their platforms for illegal content. However, they will have to iron out the final details with EU lawmakers, who have proposed tougher rules and higher fines. Frustrated … Read more