Category: European Commission

Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.

Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
Russia Halts Participation in Ukraine Grain Deal

Moscow, which has repeatedly complained that the U.N.-brokered agreement is one-sided in Ukraine’s favor, said it could return to the deal if its demands were met.
E.U. Takes Aim at China in Proposed Economic Strategy

A European Commission plan seeks to ban companies from sending sensitive high-tech goods to potentially hostile countries — without naming any names.
Accenture Will Invest $3 Billion to Expand Its A.I. Offerings

The consulting firm is the latest to invest heavily in artificial intelligence, even as big businesses grapple with the potential fallout from the technology.
The $69 Billion Microsoft-Activision Deal Faces a Big E.U. Test

The bloc’s antitrust regulators could side with Microsoft on Monday, but the tech giant still faces an uphill battle to gaining full approval.
U.K. Watchdog Blocks Microsoft’s Bid to Buy Activision

The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels.
Gucci Raid Part of Growing E.U. Antitrust Scrutiny of Fashion

Kering, Gucci’s parent company, said that it was “cooperating” with European Union regulators, who searched the Italian offices of the fashion house this week.
A Tax Break Could Save Fox Millions In Its Dominion Settlement

The payout by Rupert Murdoch’s media empire to settle defamation claims by the voting machine company may be less costly than first thought.
Europe Plots a Diplomatic and Business Reset on China

President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties.
Germany Pushes for Exception in Law Banning Combustion Engines

The New York Times – Business:
Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
Biden and E.U. Leader to Discuss Ukraine and Trade Spat

The New York Times – Business:
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
Biden Is Expected to Veto an Anti-E.S.G. Resolution From Congress

The New York Times – Business:
President Biden is expected to use his first veto to protect environmental, social and corporate governance investment considerations in retirement plans.