ROME—Australian Trade Minister Dan Tehan said on Friday he expected to finalise a free trade agreement with the European Union by the end of next year, despite the EU’s anger over Canberra’s cancellation of a submarine contract with France. Brussels postponed the latest round of talks, which were due to start on Oct. 12, until…
Soaring Energy Prices Climb Up EU’s Political Agenda
BRUSSELS—The European Union said on Wednesday it would examine the way its power market is run and consider proposals to revamp regulations within the bloc. European electricity and gas prices have rocketed this year as tight gas supplies have collided with strong demand in economies recovering from the COVID-19 pandemic. Energy prices topped the EU’s…
Nvidia Offers EU Concessions Over $54 Billion Arm Deal
October 6, 2021
admin
ARMAsia & PacificBusiness & EconomyCompaniesConcessionsdealeconomyEUEuropeLocal NewsRegional-Local NewsUKUSUS NewsWorld
0 Comment
BRUSSELS—Nvidia has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday. The deal announced by world’s biggest maker of graphics and AI chips last year has sparked concerns in the semiconductor industry over whether Arm could remain…
EU Commission to Launch EU Budget Rules Review on October 19
LUXEMBOURG—The European Commission will publish on Oct. 19 its assessment of the economic impact of the pandemic on the European economy and its implications for EU budget rules as it launches a debate on how to change the rules that underpin the euro currency. EU budgets rules, called the Stability and Growth Pact, set limits…
European Business Growth Hurt by Supply Issues, Pricing in September: PMIs
LONDON—Business growth across Europe remained strong last month but elevated inflationary pressures put a dent in demand while ongoing supply issues constrained activity, issues which are likely to continue, a survey showed on Tuesday. Although many restrictions imposed to contain the coronavirus pandemic have now been lifted in the region, firms are suffering from shortages…
EU Wants to Extend Looser State Aid Rules for Virus-Hit Companies to Mid-2022
BRUSSELS—The European Commission on Thursday proposed extending looser state aid rules for virus-hit companies for six months to June 2022 in a bid to slowly wean them off the billions of euros provided by governments across the European Union. The EU executive, tasked with ensuring a level playing field in the 27-country bloc, also proposed…
Google Tells EU Court Payments to Phone Makers Gave Android a Chance Against Apple
September 29, 2021
admin
AndroidappleBusiness & EconomyCompaniescourteconomyEUEuropeGoogleLocal NewsmakersMedia & Big TechpaymentsphoneRegional-Local NewsSouthern CaliforniaTechTech NewsUSUS NewsWorld
0 Comment
LUXEMBOURG—Payments to phone makers to pre-install only Google Search on their devices were not aimed at preventing competition but were necessary for Android to seize market share from Apple, Alphabet’s Google told Europe’s second-top court on Wednesday. Google was addressing the General Court on the third day of a week-long hearing as it tries to…
USTR Says Tai, Dombrovskis Discussed Challenges From China, Non-Market Economies
September 29, 2021
admin
Business & EconomyChinaChina Business & EconomyChinese RegimeEconomieseconomyEUEuropeExecutive Branchkatherine tainon-marketPoliticsUSUS NewsUSTRValdis DombrovskisWorld
0 Comment
WASHINGTON—U.S. Trade Representative Katherine Tai and her European Union counterpart discussed common challenges posed by non-market economies, including China, during a meeting in Washington on Tuesday, Tai’s office said in a statement. Tai thanked European Commission Executive Vice President Valdis Dombrovskis “for helping to build an important bilateral partnership and working constructively to strengthen the…
EU Drugs Regulator to Decide on Pfizer Vaccine Booster in Early October
The European Medicines Agency (EMA) aims to decide in early October whether to endorse a third dose of the Pfizer-BioNTech COVID-19 vaccine to be given half a year after the initial two-shot course, saying breakthrough infections added some urgency to its review. “The outcome of this evaluation is expected in early October, unless supplementary information…
Australia Says Trade Pact Would Benefit EU in Indo-Pacific Amid Submarine Deal Fallout
CANBERRA—An Australian-EU trade deal would be mutually beneficial and allow EU members a greater presence in the Indo-Pacific, said Australia’s trade minister, as Canberra tries to repair ties with Paris after the scrapping of a $40 billion submarine deal. Australia last week cancelled a deal with France’s Naval Group to build a fleet of conventional…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`