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Google to sign EU’s voluntary AI code of practice

Google to sign EU’s voluntary AI code of practice

Google will sign the European Union’s voluntary code of practice to help companies follow the bloc’s artificial intelligence law, the company’s global affairs president said in a blog post on Wednesday. The code was created by 13 independent...

Google Joins EU AI Code of Practice, Meta Declines Amid Concerns

Google Joins EU AI Code of Practice, Meta Declines Amid Concerns

Google’s Strategic Move in Europe’s AI Regulatory Arena In a significant development for the artificial intelligence sector, Alphabet Inc.’s Google has announced its intention to sign the European Union’s General-Purpose AI Code of Practice, a...

Indonesia pursues favorable US tariffs like Japan, EU

Indonesia pursues favorable US tariffs like Japan, EU

Jakarta (ANTARA) - The Indonesian government is actively negotiating with the United States to secure lower import tariffs on key Indonesian exports after Washington granted Japan and the European Union reduced tariff rates of 15 percent....

Strong EU, UK demand sees Sri Lanka’s apparel exports rise 5.2% in June

Strong EU, UK demand sees Sri Lanka’s apparel exports rise 5.2% in June

Sri Lanka’s apparel export growth was propelled by a 23.1% increase in exports to the European Union (excluding the UK), amounting to $142.92m, and a 20.4% rise in exports to the UK, totaling $67.33m. Despite these increases, there was a noted...

Taiwan's top envoy to Germany tapped as next EU representative: Source

Taiwan's top envoy to Germany tapped as next EU representative: Source

Taipei, July 30 (CNA) Taiwan's representative to Germany, Shieh Jhy-wey (謝志偉), will be appointed as the country's new envoy to the European Union, a source familiar with the matter said Wednesday. Shieh will replace Roy Lee (李淳), who has served as...

Croatian Exporters Warn of Rising Costs as EU–US Trade Deal Imposes 15% Tariffs

Croatian Exporters Warn of Rising Costs as EU–US Trade Deal Imposes 15% Tariffs

As of August 1, a new trade agreement between the European Union and the United States will impose a 15 percent import tariff on European goods entering the American market—prompting strong reactions from Croatian businesses and government...

New EU proposal could send thousands of older cars to the scrapyard

New EU proposal could send thousands of older cars to the scrapyard

Date Published: 30/07/2025 If passed, the regulation could force countless vehicles off Spanish roads in one fell swoop The European Union is considering a regulation that specifically targets owners of second-hand vehicles and if it gets the...

Eighteen EU Members Apply for A Total of $147 Billion from Defense Fund

TEHRAN (Tasnim) – Eighteen European Union states have so far shown an interest in taking out loans worth a total of at least 127 billion euros ($147 billion) from a fund aimed at boosting the bloc's defenses, the European Commission said on...

Slovak Premier Says EU Is Tired of Peace

Slovak Premier Says EU Is Tired of Peace

(MENAFN) Slovakia’s Prime Minister, Robert Fico, has sharply criticized fellow European Union leaders, claiming they appear “tired and bored of 80 years of peace” and suggesting they are deliberately steering toward a direct military conflict...

Spain's Huawei contract exposes EU to security risks, critics say

Spain's Huawei contract exposes EU to security risks, critics say

LONDON -- Spain's decision to use Huawei Technologies hardware to store judicial wiretaps opens the European Union to security risks and undermines the bloc's new digital strategy, experts warn. The Spanish Interior Ministry awarded a 12.3 million...

Interferry Demands EU Harmonization with IMO Global GHG Regulations to Prevent Double Taxation and Protect Critical Ferry Services

Interferry, the association representing the ferry industry worldwide, calls on the European Commission to immediately harmonize its unilateral EU ETS / FuelEU Maritime regulations with the recently agreed IMO Net-Zero Framework. Interferry warns...

Some relief for Nayara! Microsoft restores IT services to Russia-backed Indian oil refinery; US company abruptly halted operations after EU sanctions

Some relief for Nayara! Microsoft restores IT services to Russia-backed Indian oil refinery; US company abruptly halted operations after EU sanctions

Nayara's lawyer told a New Delhi court today that the services have been restored by Microsoft. EU sanctions on Russia: Global IT giant Microsoft has restored IT services to Russia-backed Indian oil refinery Nayara Energy, according to a Reuters...

EU suspends financial aid to Ukraine over Law 21414 attack on anti-corruption reforms

EU suspends financial aid to Ukraine over Law 21414 attack on anti-corruption reforms

The European Union has suspended all financial aid to Ukraine after lawmakers voted through the controversial Law 21414 that strips the leading anti-corruption law enforcement agencies of their independence last week, Ekonomichna Pravda reported...

US-EU trade deal will raise costs for companies and consumers

US-EU trade deal will raise costs for companies and consumers

FRANKFURT, Germany (AP) — President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump’s threat of a 30% rate if no deal had...

US-EU trade deal could wards off escalation but raise prices and slow growth

US-EU trade deal could wards off escalation but raise prices and slow growth

FRANKFURT, Germany — U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump’s threat of a 30% rate if no deal had...

Under EU sanctions pressure, Indian shippers reportedly seek to exit contracts with Russian-linked refiner

Under EU sanctions pressure, Indian shippers reportedly seek to exit contracts with Russian-linked refiner

Two Indian shipping firms have requested to terminate contracts with Nayara Energy, an Indian oil refining company partly owned by Russian oil giant Rosneft, Reuters reported on July 29, citing sources familiar with the matter. Seven Islands...

Baltic States Set Standard For Energy Resilience By Synchronizing With EU Grid

Baltic States Set Standard For Energy Resilience By Synchronizing With EU Grid

(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 30. The Baltic States have taken a historic step to enhance their energy security and independence by completing a long-planned disconnection from a decades-old electricity system and...

Eurozone economy expands as EU-US deal clouds outlook

Eurozone economy expands as EU-US deal clouds outlook

The eurozone economy grew by 0.1% in the second quarter of this year, according to preliminary figures released by Eurostat on Wednesday, defying forecasts amid growing concern over the impact of the recent EU-US trade deal. This modest expansion...

India's Nayara Cuts Refinery Run Rate after EU Sanctions

India's Nayara Cuts Refinery Run Rate after EU Sanctions

Nayara Energy Ltd. is reducing run rates at its west India refinery as more domestic and global players spurn the refiner after the EU imposed sanctions on the company. The 400,000 barrel-a-day Vadinar refinery is currently operating at about 70...

New EU sanctions threaten Indian refiners' $14 billion export market: ICRA

New EU sanctions threaten Indian refiners' $14 billion export market: ICRA

Exports by Indian oil refiners are likely to face major disruption following the implementation of the EU's 18th sanctions package against Russia, according to a report by ICRA. The report highlights the potential impact on Indian refiners, who...

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