European

India’s trade pact with Switzerland, Iceland, Norway and Liechtenstein will make Swiss chocolates, watches and apparels cheaper in the country. At the same time, Indian exporters hit by Trump tariffs get a new lease of life as a range of products including tea, coffee, textiles, marine products, leather, gems, and engineering goods get better market access in these four countries.

OPINION | Belated European recognition for Palestinian statehood is a response to popular empathy but lacks teeth

UK and France have taken the lead to diverge from the US position on Palestinian statehood. But on their own, there’s little they can do to bring about a viable Palestinian state. As for India, it’s possible to do better in balancing strategic interests with a humanitarian impulse

European entrepreneur shares how India shattered his western mindset: '10 life-changing lessons...'

One of Nik Huno’s most striking observations was how people in India maximise limited resources. He saw farmers growing crops in challenging conditions and street vendors bargaining with a level of skill comparable to Wall Street traders.

Ford to cut 1,100 jobs in Spain after other European layoffs

The cuts are in addition to the 2,300 layoffs largely in Germany and the U.K. that the automaker announced last month as part of a “leaner, more competitive cost structure in Europe.”

European tech industry loses $400 billion market value, report says

The combined value of public and private tech firms in Europe fell to $2.7 trillion, down from $3.1 trillion in late 2021. High interest rates, the war in Ukraine, and a shrinking talent pool were among the reasons cited for the drop.

China hopes for fair, transparent environment for companies in EU: Xi Jinping

In a meeting at the Great Hall of the People in the Chinese capital, Xi told Michel he hoped "EU institutions and member states will establish an objective and correct perception of China", state broadcaster CCTV reported.

European lawmakers declare Russia a state sponsor of terrorism

The move is largely symbolic, though, as the European Union does not have a legal framework in place to back it up. At the same time, the bloc has already slapped unprecedented sanctions on Russia over its invasion of Ukraine.

EU leaders to keep studying gas price caps

The EU is grappling with high energy prices driving inflation and raising the prospect of recession across the continent, a situation aggravated by Russia slashing gas flows following its February invasion of Ukraine.

European stocks set for weekly loss as global economic outlook worsens

The World Bank's chief economist said on Thursday he was worried about a period of low growth and high inflation in the global economy.

EU races to shield industry as Russia gas stoppage shakes markets

European Union governments are pushing through multi-billion euro packages to prevent utilities buckling under a liquidity squeeze and to protect households from soaring energy bills.

European leaders ink energy deals in bid to sidestep Russia

With his government’s fate in limbo back home, Italian Premier Mario Draghi visited Algeria’s capital of Algiers, seeking to cement the North African country’s role as a preeminent regional partner. Algerian President Abdelmadjid Tebboune said a $4 billion deal would be signed Tuesday to supply “a significant quantity of gas.”

Hindustan Motors-European co JV likely to launch electric two-wheelers by next year

Financial due diligence of both the companies will start in July, which will take two months, after which the technical aspects of the joint venture will be looked into and this will take another month, Director of Hindustan Motors, Uttam Bose, told PTI.

OYO completes acquisition of European firm Direct Booker

Direct Booker has over 3,200 homes and serviced 20 lakh customers so far, OYO said in a statement.

US, European allies discuss banning imports of Russian oil

Europe relies on Russia for crude oil and natural gas but has become more open to the idea of banning Russian products in the past 24 hours, a source familiar with the discussions told Reuters on Sunday.

European, US regulators tell banks to prepare for Russian cyberattack threat

The stand-off between Russia and Ukraine has rattled Europe's political and business leaders, who fear an invasion that would inflict damage on the entire region.

Be 'bold' or wait-and-see: EU split on energy price surge

Spain, France and Greece are asking for the EU as a whole to respond and have mooted a wide range of proposals to overhaul the continent's highly fragmented energy market.

Indian, European refiners get ready to buy Iranian oil

Former US President Trump abandoned the 2015 Iran nuclear deal and reimposed sanctions on Tehran in late 2018.

European infra major A&M Group enters India in joint venture with Oberoi Group

The joint venture Oberoi-A&M Infra-Consortium will also handle the Saarc operations of the European group and will be formed as a consortium in association with the Nasdaq-listed American conglomerate Polaris Energy Resources.

JB Chemicals & Pharma's Gujarat facilities get European nod

"J B Chemicals & Pharmaceuticals is pleased to announce receipt of European GMP approval for its formulation facilities at Panoli, Gujarat from Medicines Authority of Malta," J B Chemicals & Pharmaceuticals said in a BSE filing.

PM Theresa May warns potential rebels over Brexit bill

MPs overwhelmingly backed the first stage on Wednesday of a bill to start Britain's withdrawal from the European Union, but opposition lawmakers were to begin debating amendments today that could tie ministers' hands.

Renault expects India sales to grow 8% in 2017

Groupe Renault, which saw a record global sales of 31,82,625 units growing by 13.3 percent in 2016, posted sales growth of 145.6 percent in India last year.

Airbus deliveries rose 8 %, orders outpaced Boeing in 2016

Confirming an estimate published by Reuters, the European planemaker said on Wednesday it delivered 688 aircraft in 2016, compared with an official company forecast of more than 650 and a goal set by its finance director of more than 670.

Moody's warns of UK downgrade if Brexit deal weakens growth

More than four months after Britain voted to leave the EU, the terms of Brexit remain to be ironed out. Prime Minister Theresa May has said she will invoke Article 50 of the EU Treaty by the end of March.

Five reasons why Sensex tanked over 400 pts on Thurs

Many analysts say the fall was coming. They point to several reasons that have likely led to the correction.

UK sees slump in finance sector recruitment after Brexit vote

Parentlane, an online platform focussed on child development, has received undisclosed funding from Rohit MA, co-founder and Managing Director of Cloudnine Hospitals.