european-commission
BusinessEU Challenges Chinese Brandy Tariffs at WTO
TechnologyEU Chips Act 2.0 Should Include Legacy Chips, Says Industry Group Chief
Top StoriesGreece Sets up Fund to Decarbonise Its Islands, Reduce Hefty Fuel Imports
BusinessGerman Economy to Underperform Euro Zone Until 2026, EU Forecasts
EU’s Von Der Leyen to Skip COP29 Climate Summit
Date: November 5, 2024
By Kate Abnett BRUSSELS (Reuters) – European Commission President Ursula von der Leyen will not attend this year’s United Nations climate change summit, known as COP29, a Commission spokesperson told Reuters on Tuesday. Von der Leyen will skip the climate talks because of political developments in Brussels. There, EU lawmakers are vetting the members of...
Nvidia Needs EU Approval to Buy AI Startup Run:ai, Regulators Say
Date: October 31, 2024
By Foo Yun Chee BRUSSELS (Reuters) -U.S. chipmaker Nvidia will have to seek EU antitrust clearance for its proposed acquisition of AI startup Run:ai because it threatens competition in the markets where the companies operate, the European Commission said on Thursday. The move by the EU antitrust enforcer may require Nvidia to offer concessions to...
Temu Considers Joining European Anti-Counterfeit Group
Date: October 31, 2024
By Helen Reid LONDON (Reuters) -Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters. The “Memorandum of Understanding (MoU) on the sale of counterfeit goods on the internet” is a...
Europe Struggling to Meet Offshore Wind Targets, Industry Heads and Lawmakers Say
Date: October 25, 2024
By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) – Europe is falling behind its own ambitious targets for offshore wind power, hindered by rising costs, red tape and inadequate policies, industry leaders and lawmakers said on Thursday as they presented recommendations to the new European Commission. Denmark hosted a meeting in the port...
Exclusive-Germany to Vote Against EU Tariffs on Chinese Electric Vehicles, Sources Say
Date: October 4, 2024
By Andreas Rinke FRANKFURT (Reuters) -Germany on Friday will vote against the introduction of European Union tariffs on Chinese electric vehicles, people with knowledge of the matter told Reuters on Thursday. Germany abstained in a first non-binding vote in July on the European Commission’s proposal to impose the tariffs, but since then industry has...
Poland’s Intel Plant Gets EU Green Light for $1.9 Billion in State Support
Date: September 13, 2024
WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 billion zlotys ($1.91 billion) in state aid, the government said on Friday. The decision comes as Intel grapples with a cost-cutting drive that has raised questions whether it may delay or...