Tag: Europe

Monday, April 29th 2019 - 09:59 UTC
Socialists win the most votes in Spain but now must try and work a coalition

Spain’s Socialist leader Pedro Sanchez, fresh from a win for his party in national elections on Sunday, said the only conditions he would place on forming a coalition government would be respecting the constitution and promoting social justice.
Wednesday, April 10th 2019 - 09:07 UTC
China pledges to further open its economy in strategic talks with the EU

China on Tuesday said it would push further to open its economy and deepen ties with the EU, which has grown increasingly wary of Beijing's influence in Europe. EU Council president Donald Tusk hailed Beijing's new commitments at an EU-China summit in Brussels as a “breakthrough” with both sides committed to globalization and pursuing international rules.
Wednesday, April 10th 2019 - 08:38 UTC
Mrs. May pleads support from Berlin and Paris for a Brexit extension deadline

British Prime Minister Theresa May toured Berlin and Paris on Tuesday to plead for an extension to the deadline for Brexit, which looked increasingly likely to be approved by EU leaders at a crunch meeting in Brussels.
Saturday, April 6th 2019 - 08:38 UTC
Labour says no advance in Brexit talks with Mrs. May; EU demands viable plan before postponing exit

Britain's opposition Labour Party said on Friday that talks with the government on a last-ditch Brexit deal had made no progress, as EU leaders said Prime Minister Theresa May had not convinced them that they should let Britain delay its departure next week.
Friday, March 29th 2019 - 18:02 UTC
Chaotic rejection of May's Brexit deal; EU leaders meet on April 10

Members of Parliament have rejected Theresa May’s EU withdrawal agreement on the day the UK was due to leave the EU. The government lost by 344 votes to 286, a margin of 58. It means the UK has missed an EU deadline to delay Brexit to 22 May and leave with a deal.
Wednesday, March 27th 2019 - 08:47 UTC
China orders 300 jets from Airbus during Xi's visit to Paris

Airbus has secured an order from China for 300 jets, in a deal estimated to be worth tens of billions of dollars. An agreement to purchase A320 and A350 XWB aircraft was signed during a visit by Chinese President Xi Jinping to Paris.
Thursday, March 21st 2019 - 10:02 UTC
EU fines Google €1.49 billion for blocking rival online search advertisers

Google was fined €1.49 billion ($1.7 billion) on Wednesday for blocking rival online search advertisers, in the third large European Union antitrust penalty for the Alphabet business in two only years.
Wednesday, March 20th 2019 - 10:01 UTC
Boeing's commercial division makes major reshuffle in top positions; US$ 500bn in 737Max orders on hold

 Boeing Co's commercial airplane division, facing its biggest crisis in years following deadly crashes of its flagship 737Max, has brought in a new vice president of engineering while dedicating another top executive to the aircraft investigations, a company email showed on Tuesday.
Monday, March 18th 2019 - 08:36 UTC
Chinese president Xi on state visits to Italy , Monaco and France

Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said on Monday, with Rome expected to join his global trade infrastructure program despite reservations in other European countries.
Friday, March 8th 2019 - 09:15 UTC
Euro zone interest rates frozen for twelve months given overall slowdown

Interest rates in the Euro zone will not rise until next year at the earliest, the European Central Bank has signaled amid evidence of a slowdown in the 19 countries using the single currency. The ECB also unveiled a round of fresh stimulus, offering banks cheap loans to try to help revive the economy.