Anshu Jain, former co-CEO of Deutsche Bank, has died
Deutsche Bank co-CEO Anshu Jain addresses the bank's annual general meeting in Frankfurt, Germany May 21, 2015. REUTERS/Kai PfaffenbachJoin now for FREE unlimited access to Reuters.comRegisterAug 13 (Reuters) - Anshu Jain, a senior finance…
August 12 live updates: Trump under Espionage Act probe, Salman Rushdie stabbed in western New York
Johnson & Johnson stopped selling talc-based power in the US and Canada in 2020, citing declining sales © REUTERS
Johnson & Johnson said it will halt production of its talc-based…
Power anomaly forces end of Copernicus Sentinel-1B satellite mission
Copernicus Sentinel-1 is used to monitor many aspects of our environment, from detecting and tracking oil spills to mapping sea ice, monitoring land surface movements and mapping changes in land use. It also plays a crucial role in…
EU says US electric vehicle tax credit could breach WTO rules
Miriam Garcia Ferrer, European Commission Spokesperson for Trade and Agriculture. Photo from Facebook
Under the Reducing Inflation Act, which is about to be approved by the US Congress, a tax credit of up to $7,500 could be granted to…
Russia must immediately cede control of ZNPP to Ukraine
The European Union condemns Russia's military activities around the Zaporizhzhia nuclear power plant and calls on the Russian Federation to immediately hand over control of the plant to Ukraine.
“The EU condemns…
Greek CFOs among the most pessimistic of Europeans
The only excuse for accountants is the growing volume of work they now have, as they have taken on a complex!-->…
Russian disinformation is spreading in new ways despite bans
WASHINGTON (AP) — After Russia invaded Ukraine last February, the European Union decided to block RT and Sputnik, two of the Kremlin's main channels for spreading propaganda and disinformation about the war.Almost six months later, the…
Poland warns it will turn guns on EU in rule of law dispute – POLITICO
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Poland's de facto leader Jarosław Kaczyński promises that his government will take no further action to meet the European Commission's rule of law demands to…
PageGroup reports slowing hiring in some markets, stocks fall
H1 operating profit up 79%First-half revenue up around 28%Operating profit for the year in line with expectationsAug 8 (Reuters) - PageGroup (PAGE.L) noted a "slight slowdown in the hiring lag" in July in some of its markets as economies…
EU plan to reduce Russian gas consumption will soon enter into force
A European Union plan to cut gas consumption and help Germany wean itself off dependence on Russia will come into effect early next week, the bloc's presidency announced on Friday. .
Last week, EU member states agreed to cut their…
Transition of Russia and the European Union to war economies
After declaring victory over the "economic blitzkrieg" of Western sanctions in March, Russian President Vladimir Putin faces continued Western financial support for Ukraine as it battles Russian forces. Moreover, the Kremlin will be forced!-->…
The Truss-Sunak competition leaves Brussels pessimistic about relations with the United Kingdom |…
European officials are pessimistic about a reset of post-Brexit relations with the UK, regardless of who becomes Britain's next prime minister in September.Whether it is Liz Truss or Rishi Sunak who are handed the keys to Downing Street on…
Members of the European Parliament concerned about human rights violations in the IIOJ&K
The building of the European Parliament in Strasbourg. Photo: AFPISLAMABAD: Fourteen Members of the European Parliament have written a letter to European Commission President Von der Leyen and Vice-President Borrel, expressing their…
Berkshire CEO-elect Abel is selling his stake in the energy company he ran for $870 million
Gregory Abel, CEO of Berkshire Hathaway Energy and who is slated to succeed Warren Buffett as CEO of Berkshire, walks through the crowd at Berkshire Hathaway Inc's first in-person annual meeting since 2019 in Omaha, Nebraska, USA, April 29,…
Brexit row explodes as tensions with EU could result in ‘double whammy’ for Northern…
This week, a think tank claimed the Northern Ireland Protocol had given the region an economic boost. Northern Ireland's economic performance has outpaced that of the UK since 2019, according to the National Institute for Economic and…
which EU countries will be most affected?
Russia has cut gas supplies to several European countries. While some Central and Eastern European countries are facing shortages, the poorest are struggling…
Philippines: European Union releases €800,000 in emergency funds to support people affected by…
The European Union has allocated €800,000 in emergency funds to help victims of the devastating 7.0 magnitude earthquake that struck the northern Philippines on 27 July. The earthquake, which killed 10 people and injured…
XPO Logistics’ Brad Jacobs plans to step down as CEO with Mario Harik to succeed him
XPO Logistics announced Thursday that Mario Harik will succeed Brad Jacobs as chief executive after the company spun off its high-tech truck brokerage business in the fourth fiscal quarter. Harik was also named president of XPO's LTL…
European equities edge up on higher earnings; growth fears persist
The DAX chart of the German stock price index is pictured on the stock exchange in Frankfurt, Germany, August 3, 2022. REUTERS/StaffJoin now for FREE unlimited access to Reuters.comRegisterCrédit Agricole leads the French CAC40 in Q2Credit…
Months after the start of the war, Ukrainian refugees are slow to join the EU workforce
Comment this storyCommentPRAGUE — Liudmyla Chudyjovych had a career as a lawyer in Ukraine and big plans for the future. That was before the Russian invasion forced the 41-year-old to put her daughter's safety first and leave her job and…
Trading in Own Shares
Trading in Own Shares August 03, 2022 • • • • • • • • • • • • • • • • • Shell plc (the "Company") announces that on 3 August 2022 it has purchased the following number of Shares for cancellation. Aggregated information on Shares…
European Commission proposal on corporate sustainability
CONTEXT OF THE EUROPEAN COMMISSION PROPOSAL
On February 23, 2022, the European Commission (the Commission) published a proposal for a Corporate Sustainability Due Diligence Directive (the Proposal). This proposal creates several new…
HSBC’s promises won’t satisfy Ping An for long
Comment this storyCommentHSBC Holdings Plc hopes to buy out dissenting investors with increased dividends and an expectation of higher returns. Promises made during Monday's half-year results sent the bank's shares up sharply, but…
Europe’s surge in natural gas imports hits India’s supplies
It is becoming increasingly difficult for Indian importers to source natural gas from international markets as Europe attracts much of the world's supply to its shores ahead of winter amid supply cuts Russians.
IndianOil's tender for a spot…
Why saving the climate requires strict taxonomy: QuickTake
Comment this storyCommentFloods, droughts and food shortages are just some of the effects of climate change, while exploitation and corruption fuel social injustice around the world. Governments tackling these problems realize that to…
What to expect when the summer deals rush ends
Berlin-based partner packs up for Botswana; a hiking expedition. A London lawyer is planning a!-->…
EU news: “The euro like the Titanic!” EU criticized for ‘shooting itself in the…
Europe is desperately battling the dangerous possibility of a huge gas shortage as the freezing winter months approach, as fears mount that Vladimir Putin will completely cut off supplies to the continent. The European Union has accused…
Brexit is a flop, and voters know it. So why can’t Labor call for a closer link with Europe?…
JThe idea should be too obvious to need repeating. But Labor is notorious for ignoring the inconvenient truths of economic management. Keir Starmer was therefore right to assert, in his speech to the Liverpool Labor Party, that the top…
European Commission approves Rinvoq for moderate to severe UC
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EU court ruling means Switzerland must revise flight passenger data law
A Swissport employee checks passports and boarding passes of passengers before boarding the plane at Zurich airport. keystone
Switzerland needs to revise its air passenger data law due to a ruling by the Court of Justice…
Congress calls on EU to designate Hezbollah in its entirety as a terrorist group
The US House of Representatives Foreign Affairs Committee (HFAC) has passed a measure calling on the European Union to designate Hezbollah as a terrorist group in its entirety.Lawmakers on!-->…
Russia-Ukraine War Latest News and Updates
The Navi-Star freighter docked next to grain silos at the port of Odessa on Friday.Credit...Daniel Berehulak for The New York TimesODESA, Ukraine - Ukrainian President Volodymyr Zelensky, visiting a port in the Odessa region on Friday,…
Stocks rally, US Treasury yields fall as US economy shrinks
US GDP fell 0.9% in the second quarter for a second consecutive declineUS Treasury Yields Fall, Dollar RisesWall Street rises, European stocks close higherNEW YORK, July 28 (Reuters) - Wall Street stocks rallied on Thursday, while Treasury…
Commission in charge of investigating the proposed concentration of Orange in Belgium – EURACTIV.fr
The European Commission announced on Thursday (July 28) that it had opened a full-scale investigation into Orange's proposed acquisition of VOO and Brutélé under the bloc's merger rules.
The Commission is concerned that…
Analysis: As inflation soars, European consumer goods M&A slows
Bottles of shampoos are displayed for sale on shelves at a Tesco supermarket in south London, Britain October 9, 2017. REUTERS/Hannah McKay/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterConsumers switching to private…
Ukraine will increase electricity exports to the European Union, says Volodymyr Zelensky
Ukrainian President Volodymyr Zelensky (file image)Photo: APKyiv: Ukrainian President Volodymyr Zelensky said on Wednesday that his country would increase its electricity exports to the European Union. In particular, the EU is facing an…
Live Updates: Mark Wahlberg-backed F45 gym chain shares plunge 70% on outlook
© Getty Images for the F45 formationShares of F45 Training plunged more than 70% after the fitness chain, backed by actor Mark Wahlberg, cut its full-year outlook and announced that its chief executive was stepping down.F45's stock price…
Global Economic Outlook Update, July 2022: Gloomy and More Uncertain
Dark and more uncertain
A tepid recovery in 2021 was followed by increasingly bleak developments in 2022 as risks began to materialize. Global output…
European law enforcement agencies help over 1.5 million people crack ransomware
The European law enforcement agency is said to have helped more than 1.5 million citizens decrypt their devices against ransomware.
European police estimate that over the past six years they have helped more than 1.5 million…
Europe seeks compromise deal on gas use as Russia cuts supply
Breadcrumb Links PMN Company Author of the article: Publication date : Jul 26, 2022 • 14 minutes ago • 3 minute read • Join the conversation Content of the article BRUSSELS — European Union countries…
Amazon to hike Prime prices in Europe as retailer grapples with costs
Amazon's logo is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo FuentesJoin now for FREE unlimited access to Reuters.comRegisterNEW YORK, July 25 (Reuters) - Amazon.com Inc…
Russia cuts gas deliveries to Europe via Nord Stream 1
Russia will cut gas supplies through its largest gas pipeline to Germany to just a fifth of capacity later this week, threatening to leave the continent short of critical supplies ahead of winter.State energy group Gazprom said it…
US and EU Regulators Discuss MiCA, Stablecoins and Bitcoin Regulation in Joint Forum
Digital asset regulations around the world vary from jurisdiction to jurisdiction, adding to the lack of regulatory clarity for virtual asset service providers. All of that could change in the future, and a recent forum between regulators…
Albania’s new president calls for political unity
TIRANA, Albania -- Albania's new president was sworn in on Sunday and urged the country's political parties to cooperate for the country's future and consolidate the rule of law.President Bajram Begaj, 55, who won after securing 78 votes in…
Transnistria: the next European republic to join Russia?
The little-recognized strip of land east of the Dnieper River in Moldova should be another thorn in the side of European mapmakers, as the unrecognized republic's foreign minister, Vitaly Ignatiev, said last week that the region continued…
Vodafone investors urged to vote against chief executive’s salary
Investors in telecommunications giant FTSE100 Vodafone are urged to vote against its chief executive's salary at annual meetingBy Amy-jo Crowley, Financial Mail on Sunday Published: 4:50 p.m. EDT, July 23, 2022 |…
Mitsuko Takahashi on the global egg industry
Although not attracting much attention from the Western media, a financial crisis is developing in China, which could eventually lead to the collapse of the Chinese economy, and either the end of the rule by the Communist…
European Union wants more gas imports from Nigeria
Following gas cuts by Russia, the European Union is turning to Nigeria as an alternative to increase its gas needs.
The Deputy Director General of the European Commission's Energy Department, Matthew Baldwin, said on Friday that…
UK presents ‘Plan B’ research funding to circumvent EU deadlock | Science
The UK government has explained how it will replace the European Union's flagship research funding scheme with a national one if ongoing Brexit wrangling prevents the country from taking part in the…
Ireland among countries opposing EU ‘streaming fees’
Seven countries, including Ireland, have sent a joint written letter urging the European Commission to be cautious as it considers moves to force internet companies to help pay for telecoms companies' infrastructure upgrades.Commission…
Why is Russia cutting gas supplies to the rest of Europe? What does this mean for winter?
Russia has cut gas supplies to several European countries, deepening the energy crisis the continent was already facing before the war began in Ukraine.Now, as winter approaches and major gas pipelines remain out of service, European…
EU nations urged to ration gas: Russia-Ukraine live updates
Kherson in southern Ukraine has been under Russian control since the early days of the war.Credit...Andreï Borodulin/Agence France-Presse — Getty ImagesA bombed critical bridge. A fighter plane took off from the sky. Ammunition depots…
Midday European briefing: the struggle of equities as -2-
Britain's Office for National Statistics said on Wednesday consumer prices were 9.4% higher in June than a year earlier, the highest rate of inflation since 1982 and a recovery from 9 .1% in May. The figure marks the fastest…
European stocks slide, dollar pauses with central banks in sight
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July 19, 2022, 3:15 p.m.
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European Commission approves state aid for hydrogen technology project
On 15 July 2022, the European Commission (the Commission) approved under state aid rules the Hy2Tech "Hydrogen" project as an Important Project of Common European Interest (IPCEI) to support research, innovation and the first…
The European Union will monitor the elections in 39 counties
The European Union Election Observation Mission is to monitor elections in 39 of the country's 47 counties.
According to Ladislav Garassy, one of the long-term observers deployed in Kirinyaga County, a team of 10 experts specializing…
Mongolia announces that the Russia-China gas pipeline will be inaugurated in 2024
Mongolia expects Russia to begin construction of the "Power of Siberia 2" gas pipeline through its territory to China within two years, as Moscow prepares to connect its gas fields for the first time. Europe to Asia.Mongolian Prime…
Soaring dollar begins to help Fed fight inflation
Comment this storyCommentThe Federal Reserve's interest rate hikes have propelled the US dollar to its highest level in decades, giving American tourists bargains in Europe and Asia, putting goods imported at home on sale and squeezing the…
North Macedonia parliament approves deal to launch EU bid
SKOPJE, North Macedonia — North Macedonia has approved a French proposal which paves the way for negotiations to join the European Union and overcome Bulgarian objections.There were 68 votes in favor of the proposal in the 120-member…
European Commission approves up to €5.4 billion in public support for IPCEI Hy2Tech; 41 hydrogen…
The European Commission has approved, under EU State aid rules, an Important Project of Common European Interest (IPCEI) to support research and innovation and the first industrial deployment in the chain value of hydrogen…
Food-based biofuels come under scrutiny as war in Ukraine cuts grain supply
Russia's blockade of Ukrainian ports and its attacks on Ukrainian grain…
Article 22 Authorized referrals outside EU merger control rules
On July 13, 2022, the General Court of the EU (CGE) delivered its judgment in case T-227/21, Illumina, Inc. v European Commission. In its judgment, the EGC concludes that the European Commission (the Commission) is competent…
Italian debt market issues warning as Draghi government falters
Investors are demanding a higher premium for holding Italian debt after Prime Minister Mario Draghi offered to resign in response to a major rift with a key voter in his cross-party national unity government.Draghi's resignation was…
EU executive to sue Hungary over LGBT law – sources
European Union flags fly in front of the European Commission headquarters in Brussels, Belgium, June 17, 2022. REUTERS/Yves HermanJoin now for FREE unlimited access to Reuters.comRegisterBRUSSELS, July 15 (Reuters) - The European Commission…
Dismiss Delta Heathrow Slots Appeal, European Court Urges
By Bryan Koenig (July 14, 2022, 7:55 p.m. EDT) – The Advocate General of the European Court of Justice recommended Thursday that the highest court in the European Union dismiss an appeal by American Airlines challenging a decision to…
Attacks down, terrorism still a threat to the EU
THE HAGUE: Attacks are down but terrorism remains a threat to the European Union due to the war in Ukraine and a rise in propaganda during the pandemic, Europol said on Wednesday.
The total number of successful, foiled and failed…
EU asks Hungary and Poland to step up their democratic game
European Commissioner for Values and Transparency Vera Jourova gives a news conference on the 2020 Annual Rule of Law Report in Brussels, Belgium, September 30, 2020. Olivier Hoslet/Pool via REUTERSJoin now for FREE unlimited access to…
Britain’s next leader must tackle economic decline, think tank says
Breadcrumb Links PMN Company Author of the article: Reuters Guillaume Schomberg Content of the article LONDON — Britain's next prime minister cannot count on promises of tax cuts to tackle the country's…
EU Freezes Russian Assets Worth $13.8 Billion: Commission – KyivPost
The European Union has frozen Russian assets worth $13.8 billion since Russia invaded Ukraine on February 24, EU Justice Commissioner Didier Reynders said on Tuesday.
"At the moment we have frozen - coming from the…
telling the truth, respecting evidence and rebuilding trust
The departure of Boris Johnson paves the way for more constructive partnerships between the British government and research.Credit: Phil Noble/Reuters
Boris Johnson's forced resignation on…
How Europe became so dependent on Putin for its gas
Comment this storyCommentRussian gas attracted Europe because it was easy to transport and almost always available. Its importance has increased in recent years as some countries have decided to end coal and nuclear power generation and…
Newen Connect appoints English-speaking sales manager – The Hollywood Reporter
Newen Connect, the distribution subsidiary of the French television channel controlled by TF1 Newen Group (Versailles), has hired Phil Sequeira, a former Mercury Studios and BBC Studios executive, to lead its burgeoning UK and…
Safe-haven dollar stands up to inflation and energy jitters
U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado RuvicJoin now for FREE unlimited access to Reuters.comRegisterHONG KONG, July 11 (Reuters) - The dollar was at the forefront at the start of a…
European Union Capacity Building Mission in Somalia (EUCAP Somalia): The European Union Civilian…
16e In July, the European Union Capacity Building Mission in Somalia (EUCAP Somalia) celebrates its tenth anniversary. Over the past decade, the mission has helped build Somali institutional capacity in the maritime and policing…
The European Union will phase out internal combustion engines by 2035
In an effort to reduce CO2 emissions to zero, the European Union recently made a huge announcement regarding the sale of internal combustion engines (ICE). The 27-member union announced it had approved a plan to phase out the sale of…
Revolut executive resigns amid battle for UK banking license
Last month, Mr Storonsky hit out at the FCA over what he saw as the slowness of its claim-handling procedures, saying they were "slower than expected".
He added that the regulator could benefit from employing "more efficient people",…
Uniper’s Finnish owner should help bail it out, says German economy minister
The Uniper logo is seen at the company's headquarters in Duesseldorf, Germany, July 8, 2022. REUTERS/Wolfgang RattayJoin now for FREE unlimited access to Reuters.comRegisterBERLIN, July 9 (Reuters) - Uniper's (UN01.DE) majority shareholder,…
UEFA and FIFA to take on rebel Super League in hearing at EU’s highest court
UEFA and FIFA will next week seek to convince Europe's highest court that they have the right to prevent clubs from joining a breakaway league and penalize players.The dispute between UEFA, FIFA and the European Super League has…
Ric Grenell to Newsmax: Europe’s definition of green energy is entirely political
On Thursday, former US diplomat Ric Grenell told Newsmax that the European Union's decision to consider nuclear power and natural gas "green" proves the term has always been politically motivated.
"The crazy liberal…
Can Joe Biden restore food trade talks with Europe?
For the EU, former President Donald Trump's international policy was seen as a major regression in global trade policy. When former European Commission President Jean-Claude Juncker signed the EU-Japan trade deal in 2018 – abolishing…
Fears of a natural gas crisis plague Europe
It's not a summer heat wave that has European leaders and businesses sweating. There are fears that Russia's manipulation of natural gas supplies could lead to an economic and political crisis next winter. Or, in the…
Amazon to share more data with rivals after EU antitrust deal
Amazon will share more data with rivals and give shoppers a wider choice of products, under a deal with EU antitrust regulators that will close two of the most high-profile investigations in Brussels.Details of the deal are being…
Upendra Baxi writes: Creating a crisis by law
It is perhaps useful to understand the worlds of thought and action, to distinguish between two paradigms of understanding which I call BAUP and CACP (respectively, “business as usual” and “crisis and contingency”). Law enforcement…
EU urges North Macedonia to support proposed deal with Bulgaria
SKOPJE, North Macedonia -- European Council President Charles Michel on Tuesday urged North Macedonia to back a compromise proposed by France to end a dispute with neighboring Bulgaria that is blocking the country's bid to join the European…
Live Updates: Recession risk drives euro to 20-year low against dollar
Britain's deputy prime minister said an investigation into a previous complaint against Chris Pincher had not recommended "formal disciplinary action" after a former senior civil servant accused the government of dishonesty.Pincher, who…
Column: Oil bulls pull back as economic outlook darkens: Kemp
An Oil and Natural Gas Corp (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India February 10, 2016. REUTERS/Amit DaveJoin now for FREE unlimited access to Reuters.comRegisterLONDON, July 4…
Ukrainian PM: Wealthy Russians should foot the reconstruction bill
The Swiss conference on Ukrainian recovery is launchedUkrainian PM says effort could cost $750 billionBritain's Liz Truss says Russia should be held accountableLUGANO, Switzerland, July 4 (Reuters) - The cost of rebuilding Ukraine after the…
EUROPEAN NOON BULLETIN – Stocks gain despite -2-
On Thursday, Mr Saied presented a draft of a new constitution that would grant him the option to extend his term beyond the current two-term presidential limit. It would also increase the powers of the presidency and reduce…
Georgians hold mass rally for EU and urge government to step down
Tbilisi, Georgia -
Georgians held another mass rally on Sunday to demand the government resign over its failure to formally secure a bid for European Union membership.
The Black Sea nation has been plagued by mass protests since EU…
After Ukraine, the new energy disorder
The Ukrainian crisis has radically changed the contours of the global energy landscape and created a tangle of relations and issues for India. To iron out this entanglement and solve the problems, India should adopt a “whole system”…
European flights canceled and delayed due to ongoing strikes | News | DW
Hundreds of flights from various European airports were canceled or delayed on Saturday as the industry grapples with ongoing worker strikes. Industrial action by cabin crew of the two low-cost airlines EasyJet and Ryanair as well as…
This Fascinating Eastern European Country Has a New Digital Nomad Visa for Americans
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Last update 4 minutes agoUS-based remote workers, rejoice! Another country has embraced the Digital Nomad trend and will begin issuing residency visas for eligible foreign nationals, including Americans.…
Inflation poses 19 problems for a single central bank
SINTRA, Portugal — For central bankers, the world has changed abruptly. After more than a decade of low inflation and low interest rates, policymakers now find themselves in a high inflation environment, where there is no time for…
MacGregor signs five-year service contract with Color Line
Image courtesy of MacGregor…
The EU is preparing an emergency plan to do without Russian energy
PRAGUE (AP) — The executive arm of the European Union pledged on Friday to draw up a contingency plan this month aimed at helping member countries move away from Russian energy in the wake of the war. Kremlin in Ukraine.European Commission…
European Commission set to lay off staff already under pressure as inflation bites – EURACTIV.com
The EU public administration, torn between growing ambitions and a stagnant budget, faces another hurdle - inflation - with temporary staff ready to pay the highest price.
The European Commission recently increased salaries…
Opinion: Don’t be fooled by Boris Johnson’s support for Ukraine
He is absolutely right. Just as when he described Ukraine as being "on a knife edge" during a meeting with Canadian Prime Minister Justin Trudeau at the G7 summit in Bavaria this week. Which is strange. Because Johnson has two things in…
EU and New Zealand reach free trade agreement in ‘geopolitical signal’
EU and New Zealand end four years of talksThe EU should benefit from exports of manufactured goodsNew Zealand gets bigger beef and milk quotasBRUSSELS, June 30 (Reuters) - The European Union and New Zealand on Thursday completed talks on a…