EU member states can ban ride-hailing pioneer Uber without informing the European Commission because at heart it is an ordinary transport company under their jurisdiction, a top EU lawyer said Tuesday. San Francisco-based Uber insists it is a service, not a transport provider, connecting riders with freelance drivers directly and much more cheaply ... Read More »
LONDON (AP) — Britain’s leader is pledging to help U.K. industry grow and compete as the country prepares to leave the European Union. Prime Minister Theresa May plans to unveil her “modern industrial strategy” on Monday, saying the government must provide an environment that will create well-paying jobs throughout Britain ... Read More »
The UK cannot expect to hold on to “bits” of its membership after leaving the EU, Theresa May has said. The prime minister’s comments come as the government prepares to begin talks on Brexit, including whether the UK stays in the European single market. She told Sky News her approach ... Read More »
Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said. Apple’s combative stand underlines its anger with the European Commission, which ... Read More »
The British government will be “unashamedly pro-business” as it seeks to forge the country’s future role outside the European Union, but business must also act responsibly, Prime Minister Theresa May will say on Monday. In a speech at Mansion House in the City of London financial district, May will say ... Read More »
The European Parliament president says he is optimistic that a free-trade deal between the EU and Canada can be signed soon despite last-minute obstacles. Objections by a Belgian region, which opposes the deal, “are for us Europeans to solve”, Martin Schulz said. He was speaking after meetings in Brussels with ... Read More »
With almost 50,000 Indian students in the European Union (EU) right now, Europe is the second preferred destination of Indian students wishing to study abroad. Tomasz Kozlowski, European Union ambassador to India, talks about funding programmes for Indians and EU’s plan to collaborate with the Indian government and other agencies. ... Read More »
There is significant money to be made in Europe by investing and lending where local banks cannot, two prominent private fund managers told attendees of a U.S. hedge fund conference on Friday. “The most attractive opportunity in this environment is to step in where the banks are least able to ... Read More »
American tech giants Microsoft, Google and Salesforce have officially adopted the EU—US Privacy Shield framework, enabling them to receive personal data from the European Union (EU) in compliance with the new standards. They are now among the 103 companies — out of the 5,526 signatories – that have so far ... Read More »
The leaders of the Czech Republic and Hungary say a “joint European army” is needed to bolster security in the EU. They were speaking ahead of talks in Warsaw with German Chancellor Angela Merkel. They dislike her welcome for Muslim migrants from outside the EU. Hungary’s Prime Minister Viktor Orban ... Read More »
The bulk of nearly $300 million in new investments could target energy infrastructure projects in the Baltic Sea region, the European Commission said Friday. Members of the European Union and the European Commission proposed $292 million be spent on energy projects in the region, with the bulk of the investmentssupporting ... Read More »
Alphabet Inc., Google’s parent company, expects additional formal charges from the European Union’s antitrust regulator Thursday. The EU is expected to formally present a statement of objections to Google on Thursday. Google is accused of breaking EU rules regarding website advertising; obligating smartphone manufacturers and telecom companies to pre-install its ... Read More »
