Union Minister of Commerce & Industry, Piyush Goyal, addressed the media after signing of the India-EFTA Trade & Economic Partnership Agreement (TEPA) in New Delhi. File | Photo Credit: ANI The free trade agreement between India and the four European nations bloc (EFTA) has come into force, Commerce and Industry Minister Piyush Goyal said on … Read more
European Commission President Ursula von der Leyen. | Photo Credit: Reuters The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect on Monday (July 14, 2025) in hopes of reaching a trade deal with the Trump administration by the end of the month. ″This is now the time for negotiations,″ European … Read more
Iran has asked Cyprus to convey “some messages” to Israel, President Nikos Christodoulides said on Sunday, adding he expected to speak to Prime Minister Benjamin Netanyahu later in the day. He did not say who specifically the messages were from or what they said, although they come after the Cypriot foreign minister spoke to his … Read more
With reports of acute suffering in Gaza flooding the airwaves, EU leaders have toughened their tone on Israel, but the bloc will need to bridge deep divisions to move from rhetoric to a real-world impact on the conflict. The shift has been most noticeable from key power Germany, one of Israel’s staunchest allies in the … Read more
Sweden-based Volvo Cars said on Monday it will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and uncertainty over trade tariffs. Volvo Cars, which is majority-owned by China‘s Geely Holding , on April 29 unveiled a programme to … Read more
Britain’s government said Monday it has struck new agreements with the European Union on boosting defense cooperation, easing food trade and border checks. Prime Minister Keir Starmer said the deals will slash red tape, grow the British economy and reset relations with the 27-nation trade bloc since the U.K. left the EU in 2020. Starmer … Read more
In a judgment that could help to shape how transparent the European Union must be on matters of public interest, judges on Wednesday said the bloc should not have denied a journalist’s request for a key set of text messages exchanged as the bloc negotiated for a coronavirus vaccine. The ruling was issued by the … Read more
यूरोपियन कमीशन को डर सता रहा है कि अमेरिका उसके कर्मचारियों की जासूसी कर सकता है. इसलिए कमीशन ने अमेरिका जाने वाले अपने कर्मचारियों को बर्नर फोन (कीपैड वाले साधारण फोन) और बेसिक लैपटॉप जारी किए हैं. ब्रिटिश न्यूजपेपर फाइनेंशियल टाइम्स की एक रिपोर्ट में इस बारे में बताया गया है. रिपोर्ट में यूरोपियन कमीशन … Read more
Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years after the Brexit referendum, it is still reckoning with the costs. The lessons of that … Read more
The European Union finally took the tariff war to Trump on April 9, announcing the first set of counter-measures in response to the US President’s aggressive unsettling of world trade. European retaliation will now affect over 20 billion euros worth of American goods such as soybeans, motorcycles, and beauty products, according to a European Commission … Read more