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Top StoriesGreece Asks EU for Urgent Response to Soaring Power Prices, Letter Shows
Top StoriesEU Countries Mull 20-year Tax Holiday for Jet Fuel, Document Shows
Top StoriesClimate Campaigners Take EU to Court Over 2030 Emissions-Cutting Rules
Top StoriesChina-Based Ev Makers Hit With European Union Tariffs
EU Sets Duties on Chinese Electric Vehicles of up to 38%
Date: June 12, 2024
EU sets duties on Chinese electric vehicles of up to 38% BRUSSELS (Reuters) – The European Commission announced on Wednesday that it would impose provisional duties on imports of Chinese electric vehicles of up to 38.1%, a move likely to draw stern words and possible retaliation from China. The Commission, which oversees EU trade policy,...
EU Clears 1.75 Billion Euro Compensation for Eastern German Coal Exit
Date: June 4, 2024
EU clears 1.75 billion euro compensation for eastern German coal exit By Riham Alkousaa BERLIN (Reuters) -Germany’s economy ministry said it won the European Commission’s clearance in principle to compensate power company LEAG with up to 1.75 billion euros ($1.90 billion) for exiting coal by 2038, part of Berlin’s efforts to speed up decarbonisation. In...
EU Approves Italian Aid for $5.4 Billion STMicro Chip Plant
Date: May 31, 2024
EU approves Italian aid for $5.4 billion STMicro chip plant By Toby Sterling CATANIA, Italy (Reuters) -The European Commission on Friday approved Italian state aid for STMicroelectronics to build a 5 billion euro ($5.4 billion) chip plant, as Europe battles to reduce its reliance on Asian imports for vital manufacturing components. The plant in Catania,...
EU Considers Bringing Emissions Removal Credits Into Carbon Market
Date: April 17, 2024
EU considers bringing emissions removal credits into carbon market By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carbon market, a move that could reopen the market to carbon credits in future years, a European Commission official said on Wednesday. The EU’s carbon market...
EU Extends Trade Guide on Chinese Distortions to New Sectors
Date: April 10, 2024
EU extends trade guide on Chinese distortions to new sectors By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese economy, adding new sectors and potentially opening the door to anti-dumping complaints from EU chip and clean-tech producers. The update, published on Wednesday and stretching to...
Exclusive-Microsoft to Separate Teams and Office Globally Amid Antitrust Scrutiny
Date: April 1, 2024
Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a...