President Trump escalated his trade war with the European Union on Thursday, threatening 200 percent tariffs on European wine and champagne that deepened anxiety among businesses and consumers on both sides of the Atlantic. Mr. Trump’s announcement, in which he called the European Union “hostile and abusive,” came a day after the bloc’s leaders unveiled … Read more
The European Union spent last year drawing up secret plans for what the bloc would do if President Trump made good on his threats of imposing higher tariffs on European goods and services. Now, as those threats go from hypothetical to potentially imminent, its plans are coming into broad focus. Hit specific, politically sensitive sectors … Read more
Mette FrederiksenCopenhagen: Danish police said on Saturday a 39-year-old man would appear in front of a judge for preliminary questioning in relation to an assault on the country’s Prime Minister Mette Frederiksen in central Copenhagen late on Friday. Frederiksen, leader of Denmark’s Social Democratic Party and prime minister since 2019, was shocked after being beaten … Read more
French far-right leader Marine Le Pen isn’t on the ballot at the weekend’s European Parliament election but she’s likely to emerge as one of its biggest winners. Polls expect her National Rally party to be the top vote-getter in France, trouncing President Emmanuel Macron‘s moderate pro-business party. And across Europe, the anti-immigration, nationalist ideas Le … Read more
By Julia Payne BRUSSELS, – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about the exclusivity period for new medicines after reaching a compromise on the biggest overhaul of EU pharmaceutical rules in 20 years, a parliament proposal showed. A European parliamentary committee is set to vote on its position … Read more
Microsoft Corp.’s attempt at avoiding deeper European Union scrutiny of its Teams video-conferencing app fell flat with the bloc’s antitrust enforcers readying a formal complaint against the firm’s conduct. The European Commission is preparing a statement of objections to send to the company, which could come in the next few months, according to people familiar … Read more
The President of the European Commission, Ursula von der Leyen, left, and Italy’s Premier Giorgia Meloni, right, address the media during a joint press conference following a visit of the island of Lampedusa in Italy, Sunday, Sept. 17, 2023. | Photo Credit: AP European Commission President Ursula von der Leyen on Sunday visited the Italian … Read more
The US chipmaker Intel has filed a claim for EUR 593 million (nearly $624 million or Rs. 4,800 crore) in interest from the European Commission, five months after it convinced Europe’s second-top court to scrap a EUR 1.06 billion (nearly Rs. 8,600 crore) EU antitrust fine, an EU filing showed on Monday. Europe’s top court … Read more
This year’s Raisina Dialogue, India’s premier multilateral foreign policy and geo-economics conference, will focus on six pillars covering a range of contemporary issues from democracy to technology to global health to the Indo-Pacific region. The seventh edition of the conference, hosted by the external affairs ministry in collaboration with the Observer Research Foundation, will be … Read more
Intel has picked Germany as the site for a huge new chipmaking complex, giving the first details of a $88 billion (roughly Rs. 6,70,187 crore) investment drive across Europe, which is striving to cut its reliance on imports and ease a supply crunch for manufacturers. The plan is the latest big investment announcement by a … Read more