China Hits Back at EU with Ban on European Medical Devices
China has announced new restrictions as part of the ongoing China EU medical device ban, barring European firms from selling medical equipment to the Chinese...
Tag : Europe
Europe Heatwave: France Closes Schools, Italy Curbs Outdoor Work
France shut nearly 1,900 schools as temperatures peaked at 40–41°C. Meanwhile, Italy banned outdoor work during peak heat and issued red alerts for 17 cities....
Barcelona Sees Hottest June Since 1914 Amid Europe’s Early Heatwave
Barcelona saw its hottest June ever, with an average temperature of 26°C, breaking the previous 2003 record of 25.6°C, according to Spain’s weather agency. On...
Can Europe’s $20 Billion AI Gigafactories Compete?
Europe plans to invest $20 billion in four AI gigafactories to compete with the US and China, but experts question their feasibility. These data centres...
Germany to Relax Debt Limits to Boost Economy and Defence
Germany’s next governing parties have agreed to ease borrowing limits, unlocking over €1 trillion for defence and infrastructure spending. The debt brake, introduced in 2009,...
Macron Seeks to Align Europe and Ukraine with Trump on Peace Efforts
Emmanuel Macron held separate talks with Donald Trump and Volodymyr Zelenskyy to align with the US on ending Russia’s war on Ukraine, following a mini-summit...
Container Import Dependence and Higher Freight Costs Hurt India’s Exports: GTRI
According to the Global Trade Research Initiative (GTRI), India needs to make more containers, use more containers made in India, strengthen its shipping companies, and...
Meta Faces Regulatory Anger in Australia for Scraping User Data
Australian senators questioned top Meta executives about allowing users to choose whether their data is collected. They were concerned about Meta’s use of public Facebook...
Maruti Suzuki India to Begin Exporting EVs to Europe and Japan Soon
Maruti Suzuki is set to export electric vehicles (EVs) from India to Europe and Japan, according to MD and CEO Hisashi Takeuchi. The high-spec EV...
French Bond Futures and Euro Slipped as Left Alliance Success Foster Fiscal Doubts
French bond futures fell 23 points in early Asia trading. The euro also fell 0.2% to around USD 1.0821, while Euro Stoxx 50 Index futures...