Outgoing US Secretary of State Mike Pompeo cancelled his Europe trip at the last minute on Tuesday (12 January) after top EU officials and Luxembourg’s foreign minister declined to meet him, according to European diplomats and other people familiar with the matter. Pompeo, a close ally of US President Donald Trump, had sought to visit […]
The United States announced Wednesday that it will impose additional tariffs on French and German products as part of a long-running dispute over subsidies for aircraft manufacturers Airbus and Boeing. The tariffs are on “aircraft manufacturing parts from France and Germany, certain non-sparkling wine from France and Germany, and certain cognac and other grape brandies from France and […]
The U.K. and the EU announced Thursday they have agreed a trade deal that will avoid tariffs when Britain exits the Brexit transition period at the end of the year. “We have finally found an agreement. It was a long and winding road but we have got a good deal to show for it. It […]
The European Commission (EC) has approved the Italian-American carmaker Fiat Chrysler Automobiles (FCA) merger with the French competitor PSA. The $38 billion merger will create the world’s fourth-largest carmaker, Stellantis. However, the European Commission’s approval is conditional on companies complying with the promised measures to prevent the merger’s negative effects on competition. Based on its […]
The European Union is set to unveil new rules it says will “overhaul” the digital market, including how tech giants operate. A pair of laws – the Digital Services and Digital Markets Acts – will be announced later on Tuesday. They are expected to be the biggest revision in 20 years, focusing on competition and […]
Britain will abolish tariffs on many American products previously introduced by the European Union from 1 January. To pave the way for a trade agreement with the United States after Brexit. “We want to ease the dispute and agree on a solution so that we can deepen our trade relations with the United States and […]
The European Parliament on Wednesday adopted a resolution instructing the European Commission to draw up a strategy for a more sustainable market, to force manufacturers to make products with long service life. The EU Commission is now expected to “develop and introduce mandatory labeling, to provide clear, immediately visible and easy-to-understand information to consumers on […]
Nearly two hundred European airports face insolvency in the coming months if passenger air traffic does not begin to recover at the end of the year, according to the association of European airports, ACI Europe. It considers 193 airports to be at risk, contributing € 12.4 billion (CZK 339.1 billion) to gross domestic product (GDP) […]
In an open letter to the European Commission (EC), Google search engine rivals, including the Czech company Seznam, called on the EC to arrange a trilateral meeting with the search giant. The five search engine companies want to work together to address concerns about Google’s continued dominance over devices running its Android operating system with […]