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Germany, Brazil Hope for Finalizing EU-Mercosur Free Trade Agreement

German Chancellor Olaf Scholz and Brazilian President Luiz Inacio Lula da Silva expressed hope that decades-long negotiations might soon yield a finalised free trade agreement between the 27-member European Union and the Mercosur bloc....

European Union Agrees to Stop Exporting Plastic Waste to Poor Countries

The European Union has made a major breakthrough in efforts to stop sending its plastic trash to poor countries. Under a tentative agreement, the 27 EU countries will no longer be able to export their plastic waste outside the Organisation for Economic Cooperation and Development club of wealthy countries....

TVS Motor Company Signs Distribution Agreement with Emil Frey for European Union Markets

TVS Motor Company has signed an agreement with Emil Frey, one of Europe's largest automobile importers and retailers, for the distribution of its products including the TVS Apache RTR 310 in European Union markets....

India Mulling Domestic Tax Option To Support Green Energy Transition: Piyush Goyal

Commerce and Industry Minister Piyush Goyal has indicated that India is considering a domestic tax option on certain sectors and using that levy to support the green energy transition to deal with the European Union's carbon tax....

EU Accuses Meta, Of Antitrust Breaches With Classified Ads

The European Union has accused Facebook parent Meta of breaching the bloc's antitrust rules by distorting competition in the online classified ads business. The bloc's executive commission said Monday that it "takes issue" with the tech company tying its online classified ...

EU Leaders Struggle, To Bridge Gas Price Cap Divide

European Union leaders converged on Prague Castle on a crisp Friday morning to try to bridge significant differences over a natural gas price cap as winter approaches and Russia's war on Ukraine fuels a major energy crisis. The price cap is ...

EU Agrees On Price Cap, For Russian Oil Over Ukraine War

European Union countries agreed on Wednesday to impose a price cap on Russian oil and other new sanctions after Moscow illegally annexed four regions in Ukraine amid its monthslong war, EU officials said. Diplomats struck the deal in Brussels that also ...

European Union Vows Retaliation, If Energy Network Attacked

The European Union suspects that damage to two underwater natural gas pipelines was sabotage and is warning of retaliation for any attack on Europe's energy networks, a senior official said Wednesday. "All available information indicates those leaks are the result of ...

EU Launches Legal Action Against, UK Over Post-Brexit Changes

The European Union is launching legal action against the UK in response to unilateral moves to rewrite parts of the Northern Ireland Protocol in the post-Brexit deal between both sides, the bloc's executive branch said Wednesday. The proposed UK bill seeks ...

Blocking Subsidy, To India's Fishermen To Affect Millions Of Fishers, Their Families

The government subsidy provided to Indian fishermen helps the community do fishing activities to support their livelihood and prohibiting such measures by a WTO agreement will ultimately affect millions of fishers and their families leading to poverty, sources said. Developed members ...

In Major Blow, EU Bans Imports, Of Most Russian Oil

In the most significant effort yet to punish Russia for its war in Ukraine, the European Union agreed to ban the overwhelming majority of Russian oil imports after tense negotiations that exposed the cracks in European unity. From the moment Russia ...

'EU' Leader Calls For Russian Oil Ban in New Set of Sanctions

The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia in a sixth package of sanctions targeting Moscow for its war in Ukraine. European Commission President Ursula von der Leyen also proposed that ...

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