european-commission
FinanceClariant to Fight 1.4 Billion Euro Ethylene Lawsuit From Basf
FinanceEurope Space Chief Says Cooperation Intact Despite Italy Moves
Top StoriesEU Opens Probe Into Liberty Media’s Proposed Dorna Sports Acquisition
Top StoriesNew EU Renewable Energy Target Faces Nuclear Roadblock
EU Kick Starts New Secure Satellite Constellation
Date: December 16, 2024
BRUSSELS (Reuters) – The European Commission on Monday awarded contracts to push forward delayed plans for a 10.6 billion euro ($11.13 billion) secure European satellite constellation in response to Elon Musk’s Starlink and other fast-growing internet networks. The multi-orbit array of more than 280 satellites known as IRIS² will provide an encrypted backbone for European...
Factbox-Criteria to Adopt the Euro Currency
Date: December 16, 2024
BRUSSELS (Reuters) – Bulgaria might enter the euro zone and become the bloc’s 21st member on January 1, 2026, if it receives a green light from the European Commission and the European Central Bank in 2025. European Union countries aspiring to adopt the single currency need to fulfill criteria in four areas: inflation, public finances,...
EU Delays Deforestation Ban but Discards Changes
Date: December 5, 2024
(This Dec. 3 story has been officially corrected to remove reference to ’emergency break’, after European Parliament amended its press release, in paragraph 7) BRUSSELS (Reuters) – Negotiators for EU institutions agreed a compromise on Tuesday on a ban on the import of commodities linked to deforestation, which will be delayed by a year but...
Analysis-China Automakers Pivot to Hybrids for Europe to Counter Ev Tariffs
Date: December 5, 2024
SHANGHAI (Reuters) – Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to...
EU Watchdog Probes Nvidia Hardware Bundling as It Scrutinises Run:ai Deal
Date: December 4, 2024
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking Nvidia customers if they have been offered discounts to buy the company’s graphics processing unit (GPU) software products together with its hardware as they scrutinise its $700 million bid for Run:ai. In a questionnaire seen by Reuters, the EU watchdog focused on potential...
European Commission Favours More EU Funds for Electric Vehicles Sector
Date: December 4, 2024
BRUSSELS (Reuters) – The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds to be made available to support electric vehicle battery cell manufacturing, as the EV sector shows signs of pressure. This would form part of an overall 4.6 billion euros set aside from the EU’s Innovation...