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European Union

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

UK Trade Deal Unlikely for Now: Britain, EU Clash Ov...

Britain and the European Union clashed on Thursday over the chances of securing a free trade agreement, with Brussels deeming it “unlikely” but London holding out hope one could be reached in September. ... July 23, 2020 1:43 pm By Neha Mule

U.S.-Sino Tensions Hit Stock Market; Gold and Silver...

The euro traded at an 18-month high on Wednesday as financial market continued to bask in the afterglow of the EU recovery fund agreement deal, while a precious metals boom took silver’s recent gains to 20% ... July 22, 2020 1:08 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

U.S., EU Advocacy Groups Warn Against Google’s Pur...

Twenty advocacy groups from the United States, Europe, Latin America and elsewhere signed a statement Wednesday urging regulators to be wary of Google’s $2.1 billion bid for fitness tracker company Fitbit In... July 2, 2020 12:37 pm By Neha Mule

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