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Microsoft to win EU nod for $7bn Nokia dealMicrosoft is set to secure unconditional EU regulatory approval for its proposed 5.4-billion-euro ($7.30 billion) takeover of Nokia's mobile phone business, two people familiar with the matter said on Friday. The deal, announc More… |
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India, US dig in against EU air carbon chargeIndia voiced firm opposition on Tuesday to EU plans to impose a scaled-back carbon charge on flights over European airspace while a senior US lawmaker said the EU proposal runs afoul of a law intended to shield US airlines from such charges. More… |
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EU banking agency to set up soonWork will pick up after Germany's elections to set up a European agency that can order the restructuring or closure of any euro zone bank, the head of group's finance ministers Jeroen Dijsselbloem said on Saturday. The age More… |
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DFSA signs 26 agreements with EU regulatorsDubai Financial Services Authority (DFSA) has entered into 26 supervisory co-operation agreements with European Union (EU) and European Economic Area (EEA) regulators this year. Under these agreements, each regulator agrees to hel More… |
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India's Iran oil imports drop 75pc in JulyIndia's imports of Iranian crude plunged by three quarters in July from June, tanker arrival data obtained by Reuters showed, as the country's only active importer in the past two months curbed buying. The cut in Essar Oil More… |
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US, EU envoys in crisis talks with Egypt ministerSenior US and European envoys met the foreign minister of Egypt's army-installed government on Saturday in a push to resolve the political crisis brought on by the overthrow of President Mohamed Mursi and to head off more bloodshed. More… |
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Jet fuel imports from Gulf exempt from dutyJet fuel imports from Gulf countries are exempt from paying a new 4.7 per cent duty, an EU official said on Wednesday, overriding a previous statement they would have faced the charge. Last month, officials had said the European U More… |
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EU's Ashton on mediation mission to EgyptThe European Union's foreign policy chief was scheduled to hold crisis talks in Cairo on Monday after the weekend killing of at least 72 supporters of Egypt's deposed Islamist president plunged the pivotal Arab country deeper into turmoi More… |
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EU, China reach deal over solar disputeThe European Commission said on Saturday it had agreed a deal with Beijing to resolve a dispute over alleged Chinese dumping of solar panels in Europe, agreeing a minimum price for China's imports. The deal to resolve the bigg More… |
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How European courts are dismantling sanctions on IranIn the years-long campaign to tie a web of sanctions around Iran and stall its nuclear programme, the European Union may just have met its biggest obstacle: its own law courts. Fearing Tehran is seeking the mea More… |
