Tuesday 24 May 2016
 
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European Union

Google faces record $3.4bn EU antitrust fine

Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said. The European Union has accused Google of promoting its sh

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Brexit would cost financial firms $25bn: study

Leaving the European Union would cause a decade of uncertainty that could cost Britain's financial services an estimated GBP17 billion ($25 billion) and make lawyers rich, a think-tank study said on Tuesday. Analysts at JWG, w

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EU may propose visa-free travel for Turks

The European Union's executive said on Wednesday it will propose on May 4 granting Turks visa-free travel to the bloc from late June -- if Ankara meets the remaining conditions. A first European Commission report on implementa

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EU approves deal on sharing air passenger data

The European Parliament gave final approval on Thursday to an exchange of airline passenger data between security forces in the European Union, ending a stand-off between privacy advocates and those who consider the move crucial to fighting terr

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Dubai WoodShow renews EU partnership deal

The Dubai WoodShow, the largest trade fair for wood products in the Middle East, has renewed its agreement with European Federation of Woodworking Machinery Manufacturers (Eumabois), a nonprofit Federation grouping 14 national Associations and t

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EU warns new ME tension risks Syria peace effort

The European Union's foreign policy chief warned Iran's foreign minister on Sunday that renewed tension between Iran and Saudi Arabia could wreck efforts to find a political solution for the crisis in Syria. Federica Moghe

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France urges EU crackdown on fake Syrian passports

France has asked the European Union to improve the detection of fake Syrian passports used by people trying to get into Europe after two of the suicide bombers in the Nov. 13 Paris attacks were found carrying such passports. In a

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Smugglers ‘make $1bn off EU refugee ops’

More than 1 million refugees and migrants came to the European Union this year, while almost 3,700 died or went missing in perilous journeys which reaped huge profit for smugglers, the International Organization for Migration said on Tuesday.

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Over 400 Egyptian SMEs to benefit from EU fund

More than 400 agricultural small and medium-sized enterprises (SMEs) in Egypt will receive support from a European Union (EU)-funded project following the signing of a grant agreement, a report said. The fund is expected to create

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EU states to share air passenger data

EU governments and the European Parliament drew years of wrangling over security forces' use of airline passenger data toward a close on Friday by agreeing to a compromise deal with the legislature. The dispute over the retent

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