In a significant development, the European Union’s banking watchdog stated, starting from next year banks in the Eurozone would have to publish a pathbreaking “green asset ratio” (GAR) as a core measure of their climate-friendly business activities. With investments in… Read More ›
EU
Australian Competition and Consumer Commission raises antitrust concerns on Aon’s $30 billion bid for Willis Towers Watson
Australia’s antitrust regulator has raised initial concerns over Aon’s $30 billion acquisition bid for Willis Towers Watson which aims to create the world’s biggest insurance broker. The development comes in the wake of similar moves by EU antitrust regulators. In… Read More ›
Looking forward to resolve aircraft subsidies dispute with Europe: USTR’s office
In a statement the U.S. Trade Representative’s office said, it is looking forward to working with European allies to resolve a dispute over aircraft subsidies. “We know there is great interest in resolving the Boeing-Airbus dispute on both sides of… Read More ›
Britain applies for Comprehensive and Progressive Agreement for Trans-Pacific Partnership
In the coming week Britain is set to apply for a membership to the trans-Pacific trading bloc of 11 countries. Ever since it left the European Union, Britain has made its desire to join the Comprehensive and Progressive Agreement for… Read More ›
ECB sets up climate change centre to implement climate issues into monetary policy and banking supervision
On Monday, Christine Lagarde, President of the European Central Bank said, the bank is setting up a climate change centre to coordinate its thinking on how to best incorporate climate issues into monetary policy and banking supervision. “We are now… Read More ›
EU member states empowered to non-EU passengers from entering country, part of German proposal to contain COVID-19
On Thursday, according to a report from the Times newspaper, a German proposal could see European governments allowing a ban on all UK residents from entering their respective countries along with cutting off all passenger transport links with Britain. The… Read More ›
Amazon.com Inc to open distribution and fulfillment center in Italy with $278 million
On Monday, in a statement, Amazon.com Inc, the world’s biggest online retailer said, it will open two new logistics centers in Italy later this year and plans on sinking more than $278 million (230 million euros) towards them. With the… Read More ›
Slovakia, Hungary start vaccinating against COVID-19
Slovakia has started vaccinating its population against the coronavirus-induced COVID-19 disease on Saturday, following a joined coordinated push by the European Union against the global pandemic. Vladimir Krcmery, a member of the government’s Pandemic Commission, was the first person in… Read More ›
EU-UK on the cusp of Brexit deal
On Thursday, in a significant development, the European Union and Britain are on the cusp of striking a trade deal potentially overcoming a cliffhanger Brexit. Britain’s Brexit has dealt a blow to pioneering efforts to bring together a unity among… Read More ›
Brexit trade deal possible by Wednesday: ITV’s political editor Robert Peston
On Wednesday, ITV’s political editor stated a Brexit trade deal could potentially be on the cards following both sides making progress on fishing rights; the tweet follows another tweet which said there was no chance of an accord before Christmas…. Read More ›