Monday, 22 April 2019

Tag Archives: European Union

BMW moves UK plant shutdown to just after Brexit

LONDON: German carmaker BMW said it will move the annual maintenance shutdown period for its British Mini plant to just after Britain is due to leave the European Union in April, in case there is no Brexit deal. Carmakers generally close their factories over the summer for a few weeks ...

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EU seeks details from Saudi Arabia amid Canada row

BRUSSELS: The European Union has asked Saudi Arabia to shed light on the arrests and charges facing women human rights activists, saying that the detainees should be granted due process to defend themselves. Saudi Arabia has in recent months detained several women’s rights activists. The detentions have triggered a major ...

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EU urges big powers to avert trade ‘conflict and chaos’

BRUSSELS: The European Union called Monday on the United States, China and Russia to work together to cool worsening global trade tensions, warning that they could spiral into violent “conflict and chaos.” The comments from EU Council President Donald Tusk comes as Washington and Beijing stand on the brink of ...

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EU leaders agree ‘united approach’ on Iran deal, trade

LONDON: European Union leaders agreed on a “united EU approach” to keeping the Iran nuclear deal alive after US President Donald Trump withdrew from the pact, a European source said after talks in Bulgaria. The 28 EU leaders also backed a plan for dealing with trade tariffs that Trump is ...

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EU considers using algorithms to detect anti-competitive acts

MECHELEN: To find companies that may be using software to fix prices, EU regulators may create their own algorithms. European Competition Commissioner Margrethe Vestager said that it’s now easy for price collusion to occur, Reuters reported. “It is a hypothesis that not all algorithms will have been to law school,” Vestager ...

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Brexit gives grounds for hope, says Boris Johnson

Boris Johnson

LONDON: Foreign minister Boris Johnson will appeal on Wednesday to those who he says are seeking to reverse the result of Britain’s vote to leave the European Union, saying Brexit “is not grounds for fear but hope”. In the first of several speeches by government ministers that Prime Minister Theresa ...

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EU ready to hit back if Trump imposes anti-EU trade measures

LONDON: The European Union has said it stands ready to hit back “swiftly and appropriately” if US president Donald Trump takes unfair trade measures against the 28-nation bloc. The EU’s warning comes less than 24 hours after Mr Trump expressed his annoyance with EU trade policy, saying this irritation “may ...

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EU removes 8 countries from controversital tax blacklist

European Union finance ministers have removed eight countries, including much-criticized Panama, from a tax haven blacklist. Ministers say the jurisdictions have committed to making reforms that meet EU standards of tax transparency. But the nature of those reforms is not yet public. “I understand that some countries move from the ...

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Microwave ovens are cooking the environment: study

PARIS: Small electrical appliances such as microwave ovens, kettles and hair dryers harm the environment in a dozen different ways, and consumers can do far more to reduce the impacts, researchers said Thursday. In the European Union, the electricity used by 130 million microwaves puts 7.7 million tonnes of carbon ...

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