Page 3 - European Union
EU tweaks plan for Russian oil sanction to aid reluctant states
Offers Hungary, Slovakia, Czech Republic more time to adapt
 "EU tweaks plan for Russian oil sanction to aid reluctant states")
European farmers plan to use biogas to substitute Russian fossil fuels
The European Biogas Association says the European Union could quickly scale up the production of bio-methane, which is pumped into natural gas networks
 "European farmers plan to use biogas to substitute Russian fossil fuels")
Lithuania launches 508 km gas link with Poland costing 500 million euros
The European Commission provided around 60 percent of the funding, while Latvia and Estonia also contributed
 "Lithuania launches 508 km gas link with Poland costing 500 million euros")
Oil steadies near $110/bbl; strong US dollar offsets supply worry
Wall Street stocks tumbled as investors shed risky investments, worried the Fed might hike rates more this year to tame inflation
 "Oil steadies near $110/bbl; strong US dollar offsets supply worry")
Live news: Russian negotiator accuses Kyiv of 'rolling back' on agreements
Live news updates: Some 344 people have been evacuated in and around the besieged city of Mariupol, says Ukraine's president.
 "Live news: Russian negotiator accuses Kyiv of 'rolling back' on agreements")
Oil edges up 0.3% on EU's sanctions on Russia, proposed crude ban
The sanctions proposal, which was announced by European Commission President Ursula von der Leyen and needs unanimous backing by the 27 EU countries to take effect
 "Oil edges up 0.3% on EU's sanctions on Russia, proposed crude ban")
Our dependency on Russian energy significantly reduced: German President
Germany's dependency on Russian oil is currently 15 percent, said President Frank Walter Steinmeier on Wednesday
 "Our dependency on Russian energy significantly reduced: German President")
India, France pledge to uphold peace, stability in Indo-Pacific region
Besides bilateral cooperation, India and France will continue to develop new partnerships in various formats with like-minded countries in the region and within regional organisations
 "India, France pledge to uphold peace, stability in Indo-Pacific region")
Ukraine, UK sign preferential trade deal; abolish import duty, tariff quota
"Ukraine and the UK have legally enshrined the abolition of import duties and tariff quotas in bilateral trade by signing an agreement," the ministry was quoted as saying by Xinhua news agency
 "Ukraine, UK sign preferential trade deal; abolish import duty, tariff quota")
European Union takes major step toward Russian oil ban, new sanctions
The EU gets about 25% of its oil from Russia
 "European Union takes major step toward Russian oil ban, new sanctions")
Oil prices extend gains after news of EU's Russian oil ban proposal
A handful of eastern EU countries are concerned that the halt would not allow them enough time to adapt.
EU takes major step toward Russian oil ban, new sanctions imposed amid war
The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia and target the country's biggest bank and major broadcasters in a sixth package of sanctions
 "EU takes major step toward Russian oil ban, new sanctions imposed amid war")
Oil bounces higher ahead of Fed moves, EU sanctions on Russian oil
The gains came on the back of news from Tuesday that the European Union would slap new sanctions on Russia for waging war on Ukraine
 "Oil bounces higher ahead of Fed moves, EU sanctions on Russian oil")
European Union leader calls for Russian oil ban in new set of sanctions
European Commission President Ursula von der Leyen also proposed that Sberbank, Russia's largest bank, and two other major banks be disconnected from the SWIFT international banking payment system.
 "European Union leader calls for Russian oil ban in new set of sanctions")
Brazil electoral body drops talks to bring EU observers for upcoming polls
The electoral court said in a statement that all the necessary conditions were not present to enable a comprehensive electoral observation mission
 "Brazil electoral body drops talks to bring EU observers for upcoming polls")
Zelensky will continue to beg for money from the West: Ex-Russian Prez
The former President also expressed confidence that the Ukrainian leader will continue to imitate concern for the Ukrainians, "periodically exposing them as a human shield"
 "Zelensky will continue to beg for money from the West: Ex-Russian Prez")
Oil slips on China demand concerns while EU weighs Russia oil ban
Both benchmark contracts rose more than 40 cents on Monday and extended those gains modestly in early trade on Tuesday
 "Oil slips on China demand concerns while EU weighs Russia oil ban")
Crude oil prices rise modestly as concerns over supply risks arise
The West Texas Intermediate (WTI) for June delivery added 48 cents, or 0.5 per cent, to settle at 105.17 US dollars a barrel on the New York Mercantile Exchange
European Union set to ban Russian oil, ministers hold crisis talks on gas
The UN human rights office said on Monday that the death toll of civilians killed in Ukraine since the start of the Russian invasion on February 24 had exceeded 3,000 people
 "European Union set to ban Russian oil, ministers hold crisis talks on gas")
European Union charges Apple for keeping rivals away from its pay tech
Apple could face a fine up to 10 per cent of its global turnover or $36.6 billion based on its revenue last year, though EU penalties rarely reach the cap
 "European Union charges Apple for keeping rivals away from its pay tech")
