Photo by Andreas Gücklhorn on Unsplash Concern has been raised about the possible economic impact of the EU’s Green Deal. This came after European entrepreneurs shared their concerns about implementation of the flagship environmental policy with the EU Commissioner for Climate Action, Wopke Hoekstra. Speaking at the SME Climate Dialogue meeting, SMEunited president Petri Salminen conceded that, “The…
MEPs are set to scrutinise fossil fuel companies’ “undue influence” on energy policy, it has emerged. This comes after the European Parliament confirmed it will hold a public hearing to investigate the role played by fossil fuel firms in the EU’s energy crisis response. A petition has already been submitted to the EU by the “Fossil…
Photo by Sangga Rima Roman Selia on Unsplash The airline, Emirates, has launched global cabin crew recruitment drive for up to 5,000 new staff, with recruitment days pencilled in for Belgium. The move also marks imminent arrival of its new fleet of Airbus A350s. The recruitment drive is designed primarily for those who will soon or have recently…
Photo by Calum Lewis on Unsplash The Confederation of British Industry (CBI) used to have been the bastion of the UK business establishment since 1965. It was formed by a merger of the Federation of British Industries, the British Employers’ Confederation and the National Association of British Manufacturers. It claims to speak for some 170,000 businesses of all sizes and sectors, across…
Photo by Kumpan Electric on Unsplash Companies throughout Europe are facing growing labour and skills shortages, it has emerged. The issue was highlighted by BusinessEurope, the organisation that represents the business community in Europe. The Brussels based group published the results of a new survey of European companies which, it says, “underscores the skills and recruitment challenges that…
Photo by Maximalfocus on Unsplash The EU Commission said it welcomes Monday’s agreement by G7 leaders on International Guiding Principles on Artificial Intelligence (AI) and a voluntary Code of Conduct for AI developers under the “Hiroshima AI process.” President of the European Commission, Ursula von der Leyen, was among those who subscribed to the G7 leaders’ statement issued by the 2023 Japan G7 presidency….
Photo by Kelly Sikkema on Unsplash The European Parliament’s committee on economic affairs has voted on several tax files that are of strategic importance for the future of taxation in the EU, including the report on taxation in times of crisis. In this report, MEPs managed to secure two important points – calling on the Commission to look…
Photo by pina messina on Unsplash The European Commission has unconditionally approved the proposed acquisition of Seagen by Pfizer, under the EU Merger Regulation. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area (‘EEA’). Seagen and Pfizer are pharmaceutical companies. In the EEA, the companies’ marketed and pipeline products overlap in the treatment of several…
Photo by Alexandr Bormotin on Unsplash At a time when the Western world is pressurising Moscow with sanctions, many world-renowned companies continue to operate in Russia. Among them are Leroy Merlin, JT Group, Philip Morris, Ritter Sport, Raiffeisen Bank, Mondi, Mondelez, Mars, Unilever and others. In 2022, Ritter Sport increased profits by 91 per cent, Mondelez by 38…
Photo by Mohammad Wasim on Unsplash An exhibition has been organized as part of the 74th International Astronautical Congress. President of the Republic of Azerbaijan Ilham Aliyev, First Lady Mehriban Aliyeva and their son Heydar Aliyev attended the opening of the exhibition. Following the ribbon-cutting ceremony symbolizing the opening of the exhibition, the attendees familiarised themselves with the…
