EU Archives

Amazon to exit Quebec operations, cut 1,700 jobs

Amazon files suit against EU content regulators

Amazon has filed a lawsuit challenging its participation in a group of businesses subject to strict European Union internet content regulations. Technology experts have predicted that other tech titans may follow Amazon’s lead. Two weeks after German online retailer Zalando sued the European Commission over the same matter, Amazon filed a challenge before the General […]

aomenyepdnlimited-com
11th July 2023
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EU invests €3bn, generates 160,000 jobs in Nigeria yearly - Ambassador

Business

EU investigates Gucci, others for possible violations

The European Union antitrust regulators on Thursday began investigating a Gucci facility in Milan as part of a broader investigation that covers several countries. According to Reuters, the scrutiny follows concerns over Europe’s booming luxury goods industry. The inspection at the luxury brand’s facility in Milan focuses on possible violations of Article 101 of the […]

oojopdnlimited-com
20th April 2023
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212 Views

Business

UK businesses urge EU to reduce energy prices

European businesses have urged European Union to lower energy prices and ease policies to stop industries from leaving the country. This statement was made on Monday, as Brussels prepared plans to accelerate the green economy. The EU is driving towards Europe’s enhanced attractiveness to companies and industries who may be want to move to United […]

oojopdnlimited-com
13th March 2023
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227 Views

News

Russia’s Tinkoff bank to halt trading in euros due to EU sanctions

The TCS Group Holding-owned Russian online bank, Tinkoff, announced on Sunday that it would stop dealing in euros as of Monday as a result of new sanctions imposed by the European Union. Late on Friday, the EU approved a tenth round of sanctions on Russia for its invasion of Ukraine. The plan involves disconnecting more […]

jonuorahpdnlimited-com
26th February 2023
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229 Views

Energy

Europe’s energy bills hits 800 billion euros

Researchers stated on Monday that the amount spent by European countries to protect people and businesses from rising energy expenses has risen to about 800 billion euros. Researchers have urged countries to be more strategic in their expenditure to address the energy crisis. The analysis by think-tank Bruegel, showed that European Union countries have set […]

oojopdnlimited-com
13th February 2023
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241 Views

News

What we’ll do if Putin cuts gas supply – EU

The European Union has revealed its next move if Russia’s President, Vladimir Putin, stops the supply of gas to Europe. It would be recalled that Russian gas giant, Gazprom, on Friday said that the Nord Stream pipeline linking Russia to northern Germany, which was due to resume service Saturday after a three-day interruption for maintenance […]

oamudipepdnlimited-com
3rd September 2022
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316 Views

NNPC revenue surges 79% to N4.97tn in April

Global markets brace for prolonged volatility as economic

Lagos waste recovery facilities to create 5,000 new

PoS operators threaten to suspend Verve card transactions

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