Tue, 28-Jun-2022

European Commission

PKN to Ask for EU Approval for PGNiG Merger This Yea...

Poland’s biggest oil refiner PKN Orlen this year will seek European Commission approval for its planned takeover of gas company PGNiG, CEO Daniel Obajtek said to Reuters. Since Obajtek was appointed ... August 10, 2020 2:04 pm By Neha Mule

Alstom to Take Account of Weak Bombardier Results in...

French transport infrastructure company Alstom said on Monday that it would take into account Bombardier’s weak results earlier this month as it continues with plans to buy the Canadian company’s rail busi... August 10, 2020 1:39 pm By Neha Mule

Oil Prices Hit Levels Last Seen in March on Vaccine ...

Oil rose on Tuesday, helped by positive news about vaccine trials and a European Union stimulus deal, which took prices to levels last seen when an oil price war erupted in early March between Russia and Saudi... July 21, 2020 12:51 pm By Neha Mule

European Court Annuls EU’s U$15 Billion Apple Tax ...

Europe’s second-top court on Wednesday rejected an EU order to iPhone maker Apple to pay 13 billion euros (US$14.78 billion) in Irish back taxes. “The General Court annuls the contested decision bec... July 15, 2020 9:50 am By Neha Mule

EU Regulators to Decide by July 31 on Alstom, Bombar...

European Union antitrust regulators have set a new deadline of July 31 to rule on Alstom’s bid for Bombardier Inc’s transport business after the French TGV high-speed train maker offered to sell assets to ... July 10, 2020 12:57 pm By Neha Mule

EU Sees Deeper Recession, Less Steep Rebound for Eur...

The euro zone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast on Tuesday, with France, Italy and Spain struggling th... July 7, 2020 11:58 am By Neha Mule

European Businesses and Start-ups Get Relief During ...

Some European countries including Spain, UK, Italy, France, and Germany have largest number of patients suffering from Covid-19. These countries’ major source of income is tourism which is disrupted due to l... May 28, 2020 3:17 pm By Neha Mule

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