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EU trade
Adnoc’s long Covestro pursuit will result in the largest takeover in Europe this year
Last week, Sheikh Mohammed bin Zayed al-Nahyan found an Adnoc request in his in-tray.
Can the team that is bidding on Covestro, Germany's biggest company, show goodwill with a sweetening of €2 per share, or 3 percent?
Sheikh Mohammed…
UK importers are making deliberate errors on their forms to avoid Brexit border fees
The government accused importers of goods from the EU making "deliberate", "criminal", and "serious" mistakes on important documentation to avoid new Border Charges after Brexit.
The government sent a warning to traders informing them…
Labour seeks closer EU relations on carbon tax
Senior Labour figures said that if they win the general elections next month, Labour would explore how to realign Britain's carbon regime. This move would be welcomed but angered some Brexiters.
Since the Brexit in the UK, there are…
If Labour wins the election, Rachel Reeves will seek to ‘improve’ UK-EU trading terms
If Labour wins the election, Rachel Reeves will try to remove EU trade barriers through an early investment summit and secure billions in pounds.
In an interview with Reeves , the outlined a bold plan to revisit some of Boris Johnson’s…
McDonald’s loses trademark battle with EU over Big Mac and Supermac’s
Supermac's, the small Irish takeaway company, has won the David v Goliath legal battle against McDonald's regarding the use of its trademark for the Big Mac. This will allow it to open stores across Europe.
This ruling means that the…
EU and France push Xi to achieve more balanced trade relations with China
Emmanuel Macron, Ursula von der Leyen and others warned Xi Jinping that in order to rebalance the trade relationship with China, the EU must protect itself against cheap Chinese imports. They also urged China's President to reduce support…
After Brexit, Britain will be liable for a bill of £2bn on food imports from Europe
According to Allianz Trade, consumers will have to pay an additional £2bn for French cheese, Italian oil, and other foods from the continent when post Brexit border checks are implemented at the end this month.
Ana Boata's research, who…
The diamond trade in Europe is a fading industry as Russian sanctions bite
In an office in Antwerp in Belgium, four piles of small grit-like stones are piled on the desk. It's hard to believe that these plain white rocks are actually some of the most valuable in the world.
These are rough diamonds, which means…
After the Red Sea attack, demand for goods to be transported to Europe has boosted Russia’s…
According to rail and logistics operators, the demand for goods to be transported from Asia to Europe via Russia has increased since the Red Sea Crisis began. This is boosting the finances of Russia's state-owned railway monopoly.
DHL, a…
Food industry warns of new Brexit border regulations that will affect UK supply chains
The food industry in Europe and UK has warned of a possible disruption to the supply chain as Britain implements new border bureaucracy for EU imports and food.
From January 31, the introduction of complicated paperwork for certifying…
The flower industry warns that new UK border checks will be a disaster waiting to happen
The Dutch flower-growing sector has asked for the planned introduction of new border checks post-Brexit to be deferred until 2025. They cited "significant concerns" regarding the industry's readiness for these changes.
From the end of…
Farmers’ leader criticises post-Brexit agriculture policy
The post-Brexit farm subsidy scheme is not better than the previous EU model and big landowners still receive unfair advantages.
Minette Batters, the NFU president who will step down in February, has criticized the post- EU Brexit…
Brussels proposes a 3-year delay in the EV tariffs between UK & EU
The European carmakers got a boost when Brussels proposed to delay by three years the tariffs which were to be applied to electric vehicle sales in the UK and EU starting January 1.
Officials confirmed that the European Commission will…
EU states ask Brussels to reconsider shipping emissions charges
The EU is planning to charge ships entering their waters for emissions. However, major European shipping nations oppose the plan. They say the policy will divert maritime traffic away from the EU.
Seven EU member states, such as Spain…
France supports UK’s call to delay tariffs for electric vehicles
France has indicated that it would like to delay the introduction tariffs for electric vehicle sales in the UK and EU. This will remove a major obstacle to the creation of a new agreement over the tax due to be implemented in January.
In…
Biden, US adviser, confident that Arab states won’t weaponise oil
Chief energy adviser of the White House, Mr. Michael A. White, said that he was confident that Arab oil companies would not weaponise their energy despite growing anger in the Middle East due to Israel's bombardment and siege on Gaza.…
Oil and gas importers will be hit by EU regulations on methane emissions
In an effort to curb the global warming gas, methane, the EU has agreed upon new restrictions for emissions that will affect Europe's energy industry as well as importers of oil and natural gas.
In regulations approved on Wednesday, oil,…
Selfridges Group to be taken over by a Thai investor
A Thai investor, Central Group, is poised to acquire the London-based upmarket department store Selfridges. This comes amid a financial crisis for its Austrian coowner Signa.
Central Group, which is owned by the Chirathivat Family,…