Business Standard

Page 10 - European Union

Oil prices up more than $6 as European Union considers Russian oil ban

Brent crude futures were up $6.52, or 6%, at $114.45 a barrel by 1442 GMT, adding to a 1.2% rise on Friday

Oil prices up more than $6 as European Union considers Russian oil ban
Updated On : 21 Mar 2022 | 9:24 PM IST

Oil prices jump again as European Union considers Russian oil ban

Brent crude futures were up $3.40, or 3.2%, at $111.33 a barrel by 0958 GMT, adding to a 1.2% rise last Friday

Oil prices jump again as European Union considers Russian oil ban
Updated On : 21 Mar 2022 | 6:01 PM IST

EU slams Russia's 'war crimes' in Ukraine, but new sanctions unlikely

The imposition of a new round of sanctions asset freezes and travel bans appears unlikely for now

EU slams Russia's 'war crimes' in Ukraine, but new sanctions unlikely
Updated On : 21 Mar 2022 | 5:38 PM IST

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

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Updated On : 21 Mar 2022 | 10:46 AM IST

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

European Union to mull Russian oil embargo with Biden set to join talks
Updated On : 21 Mar 2022 | 10:45 AM IST

Russia not to initiate reconciliation with West: Foreign Minister Lavrov

Russia remains open to cooperation with Western countries, but will not initiate an improvement in the relations with them, Russian Foreign Minister Sergei Lavrov said on Saturday

Russia not to initiate reconciliation with West: Foreign Minister Lavrov
Updated On : 20 Mar 2022 | 7:51 AM IST

Multiple dimensions: Three ways to see the Russia-Ukraine conflict

Is Putin the bad guy in the Ukraine conflict, or has the West ignored the need for a legitimate buffer zone, or is it all about ideological underpinnings of civilisational ideas, wonders T N Ninan

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Updated On : 18 Mar 2022 | 11:34 PM IST

Omicron BA2 subvariant spreading as EU nations lift Covid curbs: EMA

Cases of Omicron BA2, a Covid-19 subvariant, are rising across the European Union (EU) as member nations were lifting restrictions, the European Medicines Agency (EMA) said

Omicron BA2 subvariant spreading as EU nations lift Covid curbs: EMA
Updated On : 18 Mar 2022 | 2:15 PM IST

Be ready to lose all your money in crypto, warn EU regulators

Consumers should be particularly wary of promised fast or high returns, especially those that look too good to be true, the EU's securities, banking and insurance watchdogs said in a joint statement

Be ready to lose all your money in crypto, warn EU regulators
Updated On : 17 Mar 2022 | 4:33 PM IST

EU to increase tariffs on India, Indonesia stainless steel imports

The European Union will increase tariffs on stainless steel products from India and Indonesia after determining they benefited from unfair subsidies, including some from China under its BRI programme

EU to increase tariffs on India, Indonesia stainless steel imports
Updated On : 17 Mar 2022 | 12:52 PM IST

European Union hikes tariffs on India, Indonesia stainless steel makers

The European Union has determined that imports of cold-rolled flat stainless steel products from India and Indonesia benefit from unfair subsidies and imposed tariffs

European Union hikes tariffs on India, Indonesia stainless steel makers
Updated On : 16 Mar 2022 | 6:46 PM IST

From trade to truffles: EU slaps more sanctions on Russia after Ukraine war

Pure-bred horses, truffles, a soccer club owner and a media company chief. They were among the targets of new European Union sanctions against Russia on Tuesday that sought to deny oligarchs their love of luxury and rob the nation of lucrative steel exports. The 27-nation bloc sought to stay away from sanctions that would sap its supply of Russian energy, but pounced with measures worth billions while stifling its ability to work on global markets by banning EU rating agencies to work with Russian clients. These new sanctions will cut Russia off even further and drain its resources to finance this barbaric war. So one can say that the Russia has become the most sanctioned nation in the world, which is very dubious honour indeed, European Commission Vice President Valdis Dombrovskis said. The continued punishment of Moscow for its invasion of neighbouring Ukraine was done in close consultation with Western allies, from the United Kingdom to the United States. Together they agreed t

From trade to truffles: EU slaps more sanctions on Russia after Ukraine war
Updated On : 16 Mar 2022 | 8:16 AM IST

Meta Platforms slapped with $19 million fine for EU data law breaches

Meta Platforms was fined 17 million euros ($19 million) for violating the European Union's privacy rules by failing to prevent a series of data breaches on its Facebook platform in 2018

Meta Platforms slapped with $19 million fine for EU data law breaches
Updated On : 15 Mar 2022 | 10:38 PM IST
Updated On : 15 Mar 2022 | 6:46 PM IST

EU approves new round of Russia sanctions targeting energy, steel, defence

The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of Ukraine, which include bans on investments in the Russian energy sector, luxury goods expo

EU approves new round of Russia sanctions targeting energy, steel, defence
Updated On : 15 Mar 2022 | 2:57 PM IST

Leaders of Poland, Czech, Slovenia travel to Kyiv in EU show of support

The leaders of Poland, the Czech Republic and Slovenia are travelling on Tuesday to Kyiv which is currently under fire, on an EU mission to show support for Ukraine as Russia's invasion intensifies

Leaders of Poland, Czech, Slovenia travel to Kyiv in EU show of support
Updated On : 15 Mar 2022 | 2:34 PM IST

EU imposes 4th set of sanctions against Russia for its invasion of Ukraine

The European Union has announced that the 27-nation bloc has approved a new set of sanctions to punish Moscow for its invasion of Ukraine

EU imposes 4th set of sanctions against Russia for its invasion of Ukraine
Updated On : 15 Mar 2022 | 8:39 AM IST

Talks with Ukraine may soon produce draft agreements: Russia delegate

RIA news agency quoted Leonid Slutsky as comparing the state of the talks now with the situation when they first started, and saying there was "substantial progress"

Talks with Ukraine may soon produce draft agreements: Russia delegate
Updated On : 14 Mar 2022 | 2:16 AM IST

As sanctions rise, Russian billionaires reshape fortunes while they can

But the truth is murkier - revealed in arcane corporate filings that can take days before becoming public

As sanctions rise, Russian billionaires reshape fortunes while they can
Updated On : 14 Mar 2022 | 1:10 AM IST

G7 warns against unjustified export restrictions in wake of Ukraine war

G7, EU and other organisations are calling for guarding against export restrictions in wake of the Ukraine-Russia war for stabilising food prices

G7 warns against unjustified export restrictions in wake of Ukraine war
Updated On : 13 Mar 2022 | 7:45 AM IST