European Union

But Europe has no intention of cutting relations with China or seeking self-sufficiency or import substitution, Valdis Dombrovskis said during a Monday keynote speech at Tsinghua University, CNN reported.

The EU regulators are preparing to launch a formal investigation into the acquisition, reports the Financial Times. The UK's competition watchdog is also looking into the Adobe-Figma deal. Adobe is already discussing the acquisition with regulators in the UK, EU, and the US.

Josep Borrell, the EU's high representative for foreign policy, told The Financial Times that Brussels was aware that Indian refiners were buying large volumes of Russian crude oil before processing it into fuels for sale in Europe, saying for the first time the EU should act to stop it.

Joining the group will boost UK exports by cutting tariffs on goods such as cheese, cars, chocolate, machinery, gin and whisky, the government said. However, the government's own estimates show being in the bloc will only add 0.08 per cent to the size of the UK's economy.

Exports of goods from Russia to the EU in 2022 increased by a quarter and reached 203.4 billion euros, 230 million less than the historical maximum in 2012 (203.6 billion euros). In the meantime, exports from the EU to Russia fell by about 38 per cent to 55.2 billion euros, the lowest since 2005. This did not affect the fact that total trade turnover between the EU and Russia grew by 2.3 per cent over the previous year to 258.6 billion euros.

India's new approach to trade agreements addresses quality, beyond trade barriers, he said while addressing the inaugural session of India Europe Business and Sustainability Conclave. India, he said, is expected to be the only major economy to keep growing in the foreseeable future. I had the opportunity to discuss our bilateral partnerships. Businesses have a primary role.

Referring to India as a strongly emerging economy, whose growth is expected to be 7 per cent, Sechin, who was addressing the gathering in Russian, said that India is set to be a global leader and is among the major buyers of its crude among Asian nations, owing to EU sanctions on its crude and petroleum products.

According to a report in Politico citing sources, the objections were sent to the tech giant this week. The report mentioned that in a "statement of objections,a EU officials "laid out the reasons why the deal could threaten fair competition on the video game market". A Microsoft spokesperson said that they are committed to solutions and finding a path forward for this deal.

Compared with the same quarter of the previous year, the eurozone's GDP is expected to have grown by 1.9 per cent in the fourth quarter of 2022, and it was up 1.8 per cent in the EU. in 2022 the eurozone's GDP increased by 3.5 per cent and that of the EU by 3.6 per cent