Page 74 - European Union

World Coronavirus Dispatch: EU relief package closer to finalisation

Russian elite got trial vaccine in April, UK first to sign up for potential German vaccine, Dubai's biggest bank sees profit slump and other pandemic-related news across the globe

EU leaders struggle with 'mission impossible' at deadlocked recovery summit

Leaders may abandon the summit and try again for an agreement next month, say diplomats

EU leaders resume 'grumpy' summit on $2.1 trn budget, coronavirus fund

A full day and night of discussions by the 27 leaders on Friday only added to the irritations over how the huge sums should be spent and what strings should be attached

EU leaders discuss recovery from pandemic; 750 bn euros stimulus not soon

Officials have warned that another summit later this month could be needed to clinch a deal

EU negotiating with drugmakers to secure potential Covid-19 vaccines

The talks follow a deal reached in June by four EU member states with AstraZeneca for the upfront purchase of 400 million doses of its potential Covid-19 vaccine

EU in talks with drugmakers to secure potential Covid-19 vaccines: Report

The multiple talks confirm the bloc's more assertive stance on procuring potential Covid-19 shots and drugs after Washington's early moves in securing promising treatments and vaccines

European Central Bank survey points to shallower recession, strong rebound

The euro zone economy may contract less this year than the European Central Bank had forecast and its recovery could also be quicker, the bank's Survey of Professional Forecasters showed

Top EU court ditches data transfer deal over concerns of US surveillance

The so-called Privacy Shield was set up in 2016 by Washington and Brussels to protect personal data when it is sent to the United States for commercial use

Apple wins tax battle with EU as court annuls order to pay $15 billion

The decision is a setback for European efforts to clamp down on what the authorities believe is anti-competitive behaviour

India, EU adopt declaration on moving towards more circular economic model

The 27-nation EU is India's largest trading partner for goods with trade exceeding 100 billion dollars.

Europe a natural partner, need action-oriented agenda for symbiosis: Modi

The first virtual summit between the two nations, the latest meet comes four months after it was postponed as Covid-19 swept across Brussels, which was the venue

Crunch time for Apple in fight against $15 billion European Union tax order

The European Commission said Apple benefited from illegal state aid via two Irish tax rulings that artificially reduced its tax burden for over two decades

Germany willing to compromise on EU recovery fund, says Angela Merkel

German Chancellor Angela Merkel said that Germany is willing to compromise on the European recovery fund at the upcoming summit of the European Union (EU) leaders

India, EU agree on civil nuclear pact, to unveil roadmap for boosting ties

The EU officials said an announcement on firming up of the civil nuclear cooperation agreement will be made during the summit on Wednesday

At EU meet, PM Narendra Modi to pitch for 'early harvest' agreement

Will convey India's position that key differences on trade, investment can be solved earlier

Google offers not to use health data of Fitbit users in bid to win EU nod

Reuters reported last week that such a data pledge may likely help Google secure EU approval for its proposed $2.1 billion acquisition deal

'Let's get going': UK launches info campaign to prepare for Brexit crunch

The two sides have been working to agree a trade deal ahead of that period expiring at the end of the year

'Duty-free' hits a fifth of manufacturing imports, says WTO report

This, despite average tariffs being much higher than peers, says WTO report; officials call for need to scrutinise FTAs

FDI norms to be eased further, other economic reforms in pipeline: Goyal

The minister said that new industrial policy and forest policy would be brought out soon, along with further forms in the mining sector

Google can avoid EU probe into Fitbit deal if data not used for ads: Report

EU regulators asked rival makers of wearable devices, app developers and other online service providers as well as healthcare providers for their views.