Tag Archives: Europe


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EU imposes duties of up to 18% on Indonesian biodiesel

08 August, 2019 9:51 am 9:51 am

BRUSSELS (Reuters) – The European Commission imposed countervailing duties of 8% to 18% on imports of subsidised biodiesel from Indonesia, saying the move aimed to restore a level playing field for European Union producers. “The new import duties are imposed on a provisional basis and the investigation will continue with a possibility to impose definitive … Read More


Electric-cars

Electric car models to triple in Europe by 2021: Transport experts

07 July, 2019 10:00 am 10:00 am

(Web Desk) – The number of electric car models available to consumers in Europe is expected to triple by 2021, according to European transport experts. The uptake of electric cars has been stalling, blamed on a lack of charging infrastructure and higher prices. Latest data shows carmakers will offer 214 electric car models in 2021, … Read More


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Europe needs to find candidate to head IMF: France

07 July, 2019 11:11 pm 11:11 pm

AIX-EN-PROVENCE, France (Reuters) – European finance ministers need to find a compromise candidate to replace Christine Lagarde as the head of the International Monetary Fund, French Finance Minister Bruno Le Maire said on Saturday. European leaders nominated Lagarde last week to succeed Mario Draghi as president of the European Central Bank, raising the question of … Read More


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Spider-Man leaves New York for Europe in ‘Far from Home’

06 June, 2019 8:50 am 8:50 am

LONDON (Reuters) – Spider-Man leaves New York for Europe in Marvel’s latest film about the web-slinging superhero, who once again has to fight off a new enemy. Set in the Marvel Cinematic Universe, “Spider-Man: Far From Home” sees protagonist Peter Parker, played by Tom Holland, take on his superhero responsibilities again when Samuel L Jackson’s … Read More


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Euronext CEO: flows of capital already moving to Europe due to Brexit

06 June, 2019 6:21 pm 6:21 pm

PARIS (Reuters) – Flows of capital have already moved over to continental Europe as a result of Brexit, said the head of pan-European stock market operator Euronext on Tuesday. “A significant part of the flows to the continent have already migrated on the continent, even though staff haven’t massively moved already,” said Euronext chief executive … Read More


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Saudi Arabia says oil facilities outside Riyadh attacked

05 May, 2019 11:24 pm 11:24 pm

RIYADH/DUBAI (Reuters) – Saudi Arabia said armed drones had struck two oil pumping stations in the kingdom on Tuesday in what it called a “cowardly” act of terrorism two days after Saudi oil tankers were sabotaged off the coast of the United Arab Emirates. The energy minister of the world’s largest oil exporter said the … Read More


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Facebook broke rules, should be regulated: UK lawmakers

02 February, 2019 9:19 am 9:19 am

LONDON (Reuters) – Facebook intentionally breached data privacy and competition law and should, along with other big tech companies, be subject to a new regulator to protect democracy and citizens’ rights, British lawmakers said on Monday. In a damning report that singled out Facebook CEO Mark Zuckerberg for what it said was a failure of … Read More


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Ford, Jaguar slash thousands of jobs across Europe

01 January, 2019 10:03 am 10:03 am

FRANKFURT (Reuters) – Ford and Jaguar Land Rover unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, tougher emissions rules and a global economic slowdown led by China. Tata-owned JLR, based in central England, said it will cut 4,500 out of 42,500 jobs, while Ford … Read More


92 News UK celebrates first anniversary of its launch in Europe

12 December, 2018 8:00 am 8:00 am

LAHORE (92 News) – 92 News UK celebrated the first anniversary of its launch in Europe and United Kingdom on Tuesday. A ceremony in this regard was held at 92 News Head Office. The main ceremony was held on the London Bridge set of 92 News’ 360 degree virtual studios. Senior Anchors Madiha Masood and … Read More


Europe 5G network buildout to trigger deals, won’t bust capex budgets

11 November, 2018 10:26 am 10:26 am

BARCELONA (Reuters) – The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies seek ways to upgrade their networks without busting their strained capital budgets. The region lags the United States and parts of Asia on rolling out 5G services – such as providing wireless … Read More


Apple’s Cook set to back strong privacy laws in Europe, US at Brussel...

10 October, 2018 10:35 am 10:35 am

BRUSSELS/SAN FRANCISCO (Reuters) – Apple (AAPL.O) Chief Executive Tim Cook is expected to praise new European privacy rules and to voice the company’s support for strong laws in Europe and the United States to protect the use of data, according to prepared remarks for delivery at a Brussels event. Cook will describe Europe’s General Data … Read More


Vaccine confidence low in Europe, raising disease outbreak risk

10 October, 2018 10:25 am 10:25 am

LONDON (Reuters) – Low levels of public confidence in vaccines in the European Union are pushing immunization rates down and the number of disease outbreaks up, according to an expert report on Tuesday. Recent outbreaks of measles – the highest number in the EU for seven years – are a sign of the immediate impact … Read More


Molinari clinches Ryder Cup glory for dominant Europe

10 October, 2018 9:49 am 9:49 am

PARIS (Reuters) – Italian Francesco Molinari fittingly took the glory as Europe regained the Ryder Cup from the United States in dominant style on Sunday, but it was a complete team effort that delivered what turned out to be a crushing 17.5-10.5 victory. With Molinari safely on the 16th green, Phil Mickelson conceded their singles … Read More


Europe undaunted by Woods and Mickelson at Ryder Cup: Fleetwood

09 September, 2018 10:30 am 10:30 am

HONG KONG (Reuters) – Ryder Cup debutant Tommy Fleetwood claims neither he nor his European team mates will be overawed by the presence of Tiger Woods and Phil Mickelson in the United States line-up at the biennial trans-Atlantic head-to-head later this month. Woods and Mickelson were included among US team Jim Furyk’s picks for the … Read More


ING penalty puts Europe’s money laundering controls on the spot

09 September, 2018 10:36 am 10:36 am

AMSTERDAM/FRANKFURT (Reuters) – When Dutch prosecutors trawled through ING’s books they found a “women’s underwear trader” had been able to launder 150 million euros (135.02 million pounds) through the bank’s accounts without ringing alarm bells. “It should have been clear to the bank that the monetary flows had little to do with the lingerie trade,” … Read More