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Tag: EU

EU rules out fee for tech giants under digital markets act
Aviation

EU aviation green rules may hurt airlines, Deloitte warns

The European Union’s current aviation sustainability policies could unintentionally weaken the competitiveness of European airlines and slow progress toward decarbonisation, according to a new study by Deloitte for a leading industry advocacy group, Airlines for Europe. The report published on Green Air News raises concerns that the ReFuelEU mandate, which requires increasing use of sustainable […]

EU rules out fee for tech giants under digital markets act
Tech

EU issues final draft of voluntary AI compliance code

The European Commission on Thursday released the final draft of a voluntary code of practice aimed at helping companies comply with the European Union’s forthcoming Artificial Intelligence Act. The code, which takes effect on August 2 but will not be enforced until 2026, outlines key principles around transparency, copyright, safety, and security, according to Reuters. […]

EU rules out fee for tech giants under digital markets act
Business

EU moves to speed up trade negotiations with US

The European Union has agreed to fast-track trade talks with the United States in an effort to avert a transatlantic trade war. The decision comes just days after President Donald Trump accused the EU of taking advantage of the U.S. and dragging its feet in negotiations. “There’s now a new impetus for the negotiations,” Paula […]

News

China acknowledges EU’s appeal in WTO intellectual rights dispute

China has acknowledged receiving an appeal from the European Union regarding an intellectual property rights arbitration case at the World Trade Organization, according to its commerce ministry. It stated that China will address the issue in line with relevant WTO rules and procedures. The ministry emphasized that the Multi-Party Interim Appeal Arbitration Arrangement is crucial […]

Tech

Apple, Meta fined €700m for breaching EU antitrust rules

The European Union on Wednesday imposed major fines on Apple and Meta for violating the bloc’s digital competition rules. The European Commission, the EU’s executive branch, fined Apple €500 million ($571 million), and Meta €200 million ($228.4 million) for breaching the Digital Markets Act, which aims to promote fair competition and limit the dominance of […]

EU rules out fee for tech giants under digital markets act
News

EU eyes US gas, renewables to cut Russian energy reliance

The European Union plans to secure more gas from suppliers like the U.S. while accelerating renewable energy expansion to reduce its dependence on fossil fuels. Despite cutting Russian pipeline gas imports after Moscow’s 2022 invasion of Ukraine, the EU increased its purchases of Russian liquefied natural gas last year. It aims to fully phase out […]

EU rules out fee for tech giants under digital markets act
News

EU explores hydropower generation project in Plateau

The European Union announced on Monday that it is exploring the possibility of establishing a hydropower generation site at Asso Falls in Plateau State. This was revealed by the Head of Green and Digital Economy, Inga Stefanowicz, at the EU Delegation to the state to assess the Asso falls. The hydropower project, expected to generate […]

EU rules out fee for tech giants under digital markets act
News

EU to tighten food import rules on banned pesticides

The EU plans to impose new restrictions on imported food treated with pesticides banned in the bloc. This move addresses European farmers’ concerns about unfair competition, as they must comply with stricter regulations while imports often do not. The European Commission plans to introduce a rule preventing the reentry of hazardous pesticides banned in the […]

News

EU, Germany launch initiative to boost renewable energy funding in Nigeria

The European Union and Germany have launched GET.invest Nigeria to boost renewable energy investments and expand electricity access, especiallyv in rural areas. Announced in Lagos on Tuesday, the initiative aims to support Nigeria’s energy transition through sustainable financing. At the launch, the Team Leader for Green and Digital Economy at the EU Delegation to Nigeria […]

EU rules out fee for tech giants under digital markets act
News

EU partner Nigeria on digital expansion, e-governance development

The European Union has announced its collaboration with Nigeria to develop an electronic governance system and expand digital infrastructure. The head of the EU delegation to Nigeria and ECOWAS, Massimo De Luca, disclosed while addressing journalists on Thursday during Eurocham’s 25th annual stakeholders conference in Lagos. De Luca stated that the EU aims to enhance […]

ECOWAS launches $906,205 aid for 2022 flooded Nigerian communities
News

EU gives Nigeria extra €5m for humanitarian crisis 

The European Union has announced a significant boost to its humanitarian assistance in Nigeria, with an additional €5 million allocated to address critical food insecurity and displacement issues. This latest funding increase, revealed in a statement on Monday, August 26, 2024, raises the EU’s total humanitarian support for seven West African countries to €160.6 million […]

EU antitrust boss warns Apple, Meta over new fees
News

EU antitrust boss warns Apple, Meta over new fees

EU antitrust chief Margrethe Vestager cautioned Apple and Meta on Tuesday regarding their new service fees, suggesting that such fees could impede users from benefiting fully from the Digital Markets Act, designed to enhance consumer choice. Apple’s recent fee adjustments, announced in January to comply with EU tech regulations, have drawn scrutiny, particularly the introduction […]

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