Saturday, 23 June 2018

Tag Archives: EU

Chinese Electric-Car Startup NIO Undercuts Tesla With Debut Model

LONDON: Chinese electric-car maker NIO has launched sales of its first vehicle three years after the company was founded, undercutting the price of a rival model from Tesla Inc. Chinese customers can buy the ES8 sports utility vehicle, with a range of 500 kilometers (311 miles) on a single charge, ...

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EU agrees to start phase two of Brexit talks

PARIS: The European Union agreed on Friday to move talks forward with London on Britain’s exit from the bloc as leaders warmed to the British premier, but there was little clarity on trade, as well as on some issues already discussed. On the second day of a Brussels summit, EU ...

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European shopping centre giant snaps up Westfield

Shopping centre giant Westfield is to be sold to a European rival, just days after two other major industry players struck a takeover deal. Unibail-Rodamco, a French property investor which owns Paris’s iconic underground shopping mall Carrousel du Louvre, has entered into an agreement to buy Westfield for $24.7bn (£18.5bn). ...

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50,000 Catalans march in Brussels to support exiled president

BRUSSELS: Around 50,000 protesters have taken to the streets outside EU institutions in Brussels in support of Catalan independence. The demonstration is partly in solidarity with exiled and disputed president Carles Puigdemont, who has himself fled to the EU capital in Belgium and is resisting extradition attempts. But the Thursday ...

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Britain and EU reach historic deal on Brexit divorce terms

LONDON: Britain and the EU reached a historic deal on Friday on the terms of the Brexit divorce after Prime Minister Theresa May rushed to Brussels for early morning talks. The European Commission said it “recommends sufficient progress” had been made by Britain on separation issues including the Irish border, ...

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Very good progress made on Brexit, says Theresa May

LONDON: Prime Minister Theresa May insisted “very good progress” was being made in Brexit negotiations – as the DUP said there was “more work to be done”. PM May appeared in Prime Minister’s Questions after a phone call with DUP leader Arlene Foster, who has refused to support draft plans ...

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Sadiq Khan: London and Mumbai have similar personalities

MUMBAI/LONDON: The similar personalities of London and Mumbai should pave the way for greater interaction between the two cities, their first ethnic minority mayor, Sadiq Khan, said in the city. Khan proposed stronger ties in trade, films production and filming, improving air quality, and tackling climate change. “London and Mumbai ...

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Shell Joins Automakers to Offer Charging Stations Across Europe

Royal Dutch Shell Plc is linking up with some of the world’s biggest carmakers to expand its electric-vehicle charging business in Europe as it prepares for life beyond oil. The second-biggest oil company has agreed with IONITY – a Munich-based venture between BMW Group, Daimler AG, Ford Motor Co. and ...

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Switzerland approves $1.3b in EU aid

BERN: Switzerland said it will provide more than a billion dollars in development aid to the European Union, as Bern seeks to stabilise its messy ties with Brussels. The 1.3 billion Swiss francs ($1.32 billion, 1.1 billion euros) will be spread over ten years and will target lower income countries ...

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