Tag: European Union

January 11, 2023

The U.S. and its allies are preparing their next round of sanctions on Russia’s oil industry, aiming to cap the sales prices of Russian exports of refined petroleum products in a step some market watchers warn could squeeze global supply. […]

May 2, 2022

The European Union is likely to propose ending purchases of Russian crude oil by the 27-country bloc before the end of 2022, and a ban on purchases of Russian refined-oil products by year-end, according to two senior diplomats. The proposals, […]

May 12, 2021

The European Union is advancing artificial intelligence regulations that could impact medical device and diagnostic companies around the world. Through the policy, the EU plans to impose additional requirements on the use of AI in medtech and issue fines for […]

December 30, 2020

UK carmakers offered faint praise for the country’s Brexit deal while warning border chaos will be unavoidable unless governments allow more time to meet new customs-related administrative requirements. The accord reached last week with the European Union largely addresses the […]

April 1, 2020

Europe’s automakers are calling for immediate support from the European Union and member states after suffering a production loss that could render companies short of cash in just weeks. Industry association ACEA demanded “strong and coordinate action” to aid manufacturers, […]

October 10, 2018

LUXEMBOURG — Automakers reacted cautiously to a less stringent, 35 percent CO2 emissions target for new-car fleets in the European Union but said the goal could still hit the industry’s competitiveness. On Tuesday, European Union nations agreed to seek a […]

June 27, 2018

FRANKFURT (Reuters) – Europe’s semiconductor industry is requesting more help from the European Union as it seeks to build on a tentative revival, embrace technologies such as artificial intelligence and ride out trade wars that threaten global supply chains. A […]