Search Results for: EU Commission
Low European Union sugar stocks ‘protecting producers’ from world price tumble
September 7th, 2017
The low level of European Union sugar inventories is seeing the bloc’s producers secure relatively high prices on supply contracts, despite weak world values, and indeed strong European output prospects. Headline market dynamics would appear to suggest the potential ...
EU starts in-depth probe of Bayer, Monsanto deal
August 23rd, 2017
The European Commission has started an in-depth investigation of Bayer’s planned $66 billion takeover of U.S. seeds group Monsanto, saying it was worried about competition in various pesticide and seeds markets. The deal would create the world’s largest integrated ...
Irish FM Criticizes EU Demand For Apple Taxes
August 21st, 2017
Ireland’s new Finance Minister, Paschal Donohoe, has described the EU’s demand for the collection of up to EUR13bn (15.3bn) in “unpaid” taxes from Apple as unjustified, according to reports. Donohoe made the comment in an interview with German newspaper ...
Europe battles Google News over ‘snippet tax’ proposal
August 7th, 2017
A major battle is brewing in Brussels over an EU reform plan that would force internet aggregators such as Google News to pay newspapers for displaying snippets of their articles online. Google is furious at the reform idea, but ...
Brexit fears overshadow UK’s pole position as leading EU legal hub
August 4th, 2017
With Britain having the largest footprint in legal and accounting, a report commissioned by the City highlights the contribution of the sector to the economy and warns of the dangers ahead. Britain’s position as the leading legal hub of ...
EU customs seized over 41 million fake goods at EU borders last year
August 2nd, 2017
New figures released by the European Commission show that customs authorities detained more than 41 million fake goods and counterfeit products at the EU’s external border in 2016. The goods had a total value of over €670 million. Everyday ...
EU Requires Belgium, France To End Port Tax Breaks
August 1st, 2017
Belgium and France must abolish corporate tax exemptions granted to their ports so as to align their tax regimes with European Union state aid rules, the European Commission has said. In a statement issued on July 27, the Commission ...
German automakers might face EU fines after allegations but no global legal threat, analyst says
July 26th, 2017
“I still don’t see a major global legal threat here,” Arndt Ellinghorst, head of global automotive research at Evercore ISI, told CNBC on Tuesday. EU antitrust officials confirmed Saturday they had started investigating allegations of a cartel among a ...
Cryptocurrency market a ‘ticking time-bomb,’ says ethereum co-founder
July 20th, 2017
Initial coin offerings (ICOs), or a means of crowd funding for blockchain technology companies have caught too much attention, according to the co-founder of the ethereum network Charles Hoskinson who says it’s time for things to cool down in ...
Google hires numerous law firms to fight EU fines
July 11th, 2017
Google is surrounding itself with some of the top law firms in Europe in the wake of its record-breaking €2.4 billion ‘illegal’ anti-trust ruling fine and the threat of more penalities on the horizon. Google is taking no chances ...
