EU

Business growth in Eurozone rises to highest rate this year

Eurozone business activity expanded the most in nearly a year in November on strong manufacturing and buoyant services growth in Germany, stirring some optimism that economic momentum is picking up again. 

Nov 23, 2016, 17:26 PM IST

Eurozone chief rules out 'impossible' UK Brexit demands

Eurogroup chief Jeroen Dijsselbloem has dismissed as "intellectually impossible" the notion that Britain could retain unfettered access to the European single market while also cutting down on EU immigration.

Nov 16, 2016, 17:12 PM IST

EU extends Schengen border controls for three months

Austria, Germany, Denmark, Sweden and non-EU Norway are all allowed to continue the checks which they first introduced in 2015 as a wave of refugees and migrants streamed across Europe.

Nov 11, 2016, 21:42 PM IST

India disappointed at EU's 'muted response' to Uri attack, says terror must be dealt with firmly

Proposing scaled up counter-terror cooperation between India and the 27-nation bloc, MEA emphasised on the need for an "comprehensive" global regime to counter terrorism.

Nov 04, 2016, 18:48 PM IST

EU space strategy seeks to break dependence on Russian rockets

With limited options to launch orbiters and Russia controlling a large share of the market, businesses currently wait years for a window to put satellites in space.

Oct 27, 2016, 00:34 AM IST

Britsh PM Theresa May seeks to unite first ministers over Brexit plans

British Prime Minister Theresa May will today meet the first ministers of Scotland, Wales and Northern Ireland in London, where she will face calls for each region to vote on the government's Brexit plans.

Oct 24, 2016, 09:08 AM IST

Canada blasts 'incapable' EU as trade talks fail

The barb from an emotional Chrystia Freeland, the Canadian trade minister, fed into warnings by EU leaders that the 28-nation bloc may now never be able to land any other deals including one with the United States.

Oct 21, 2016, 23:27 PM IST

Brexit fallout spreads to Britain's famous Marmite

Britain`s biggest retailer Tesco on Thursday stopped sales of top Unilever brands, including the distinctive Marmite spread well known for its "love it or hate it" advertising campaign.

Oct 13, 2016, 20:51 PM IST

EU proposes new Aleppo aid plan, seeks safety guarantees

The plan aims to deliver medical, water and food aid from EU stocks in government-held western Aleppo to up to 130,000 people.

Oct 03, 2016, 00:06 AM IST

US-EU economic relations in for stormy weather

With spats over Apple and Deutsche Bank and squabbles about Airbus and Boeing, approaching elections on both sides of the Atlantic are exacerbating strains in US-European economic relations.

Sep 25, 2016, 11:56 AM IST

EU scraps time limit on free mobile roaming plan

The EU scrapped Wednesday a 90-day limit to its landmark free mobile phone roaming policy, promising checks to curb abuse after the initial plan ran into fierce criticism.

Sep 21, 2016, 17:43 PM IST

Apple tax row raises $2.1 trillion question for FX traders

If the fallout from a huge EU tax bill handed to Apple includes a push to encourage U.S. firms to bring more profits onshore, recent history suggests the impact for the dollar can only be positive. 

Sep 16, 2016, 01:32 AM IST

Greece says EU-IMF rift stalling Greek debt solution

A rift between the EU and the International Monetary Fund on the way to tackle the Greek debt crisis is delaying its solution, Greek Prime Minister Alexis Tsipras said on Sunday. 

Sep 11, 2016, 21:47 PM IST

EU seeks to spur fast broadband roll-out with telecoms reform

The European Union aims to spur the roll-out of fast broadband across the 28-nation bloc by relaxing rules that force telecom companies to open up their networks to competitors.

Sep 07, 2016, 15:25 PM IST

Britain presses for "unique" deal with EU after Brexit

Britain is pressing for a "unique" deal with the European Union to restore sovereignty, reduce immigration and boost trade with the bloc after their split, the minister charged with negotiating Brexit said on Monday.

Sep 06, 2016, 01:05 AM IST

Eurozone August business growth slowest since start of 2015

Eurozone business growth in August was at its weakest since the start of last year, suggesting the bloc`s struggling economy is losing what little momentum it had, a private sector survey showed on Monday.

Sep 05, 2016, 16:37 PM IST

EU says Apple tax decision is clearly based on facts, rules

The EU`s ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday.

Sep 04, 2016, 11:55 AM IST

British PM to trigger EU pull-out `without parliament vote`

Prime Minister Theresa May wants to trigger Britain`s withdrawal from the European Union without a vote in parliament, a report said.

Aug 28, 2016, 03:44 AM IST

EU hits China, Russia with steel anti-dumping duties

The European Union today hit China and Russia with anti-dumping duties on cold rolled steel imports after complaints by EU producers they were being forced out of the market.

Aug 04, 2016, 20:24 PM IST

Central European PMIs drop as EU funds slow, Brexit fears mount

Factory activity in the Czech Republic unexpectedly shrank in July for the first time since April 2013 and barely grew in Poland, surveys showed on Monday, suggesting a decline in output ahead.

Aug 01, 2016, 22:49 PM IST