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EU Seeks to Narrow Trade Deficit With China

Ut World October 7, 2026 0

European Trade Commissioner Maros Sefcovic is heading to Beijing for high-level talks aimed at reducing the European Union’s widening trade deficit with China. Sefcovic will meet Chinese Commerce Minister Wang Wentao on Thursday and Friday following three months of discussions on the EU’s goods Continue Reading

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EUIPO Warns Users About Fake Websites Mimicking Official Portal

Ut World September 10, 2026 0

The European Union Intellectual Property Office (EUIPO) has warned users about fraudulent websites designed to imitate its official online portal. According to the organization, unauthorized third parties are creating counterfeit sites that copy the appearance, logos and layout of genuine EUIPO pages to deceive visitors into believing they are accessing legitimate Continue Reading

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EU Slaps AliExpress With €550 Million Fine Over Illegal Products

Ut World July 20, 2026 0

The European Commission has imposed a record €550 million fine on Chinese e-commerce platform AliExpress for failing to prevent the sale of illegal products, including counterfeit clothing, unsafe toys, and hazardous cosmetics. The penalty, issued under the EU’s Digital Services Act (DSA), follows findings that the company did not adequately remove illegal listings Continue Reading

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EU Slaps Temu With €200 Million Fine Over Illegal Product Sales

Ut World May 28, 2026 0

Chinese online retailer Temu has been fined €200 million ($232 million) by European Union regulators for failing to adequately prevent the sale of illegal products on its platform. The penalty marks the second major enforcement action under the EU’s Digital Services Act (DSA), following a lengthy investigation triggered by complaints from consumer advocacy group BEUC […]Continue Reading

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No Deal Brexit: Temporary Leave to Remain scheme to replace Free Movement

Ut World September 6, 2019 0

As against the UK’s earlier stand, the British government has introduced a temporary Leave to Remain scheme to replace the free movement policy, which facilitates the free entrance of the EU national to the UK. The new policy will allow the EU nationals reaching the United Kingdom before the end of the year 2020 to […]Continue Reading

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UK in trouble

Ut World September 4, 2019 0

The defeat faced by the new UK PM in the parliament has put the Kingdom in trouble. The UK will have to choose between the option of no-deal Brexit and the option of early election. Prime Minister Boris Johnson has already appealed for the option of early election. He recently failed to convince the parliament […]Continue Reading

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Turkey’s S-400 purchase from Russia angers the US

Ut World July 12, 2019 0

The Turkey government’s decision to purchase the S-400 surface to air missile defence system has angered the United States, with whom Ankara earlier inked a deal to purchase its F-35 fighter jets. The first part of the system has reached Turkey lately. The information has been acknowledged by the Turkish defence ministry itself. The US, […]Continue Reading

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India, EU to strengthen their trade relations

Ut World April 21, 2017 0

  Identifying the reality that at this crucial juncture of the world economic cycle, it is imperative to create a friendly relation with all great players of the economy especially with those who possess large stake of it, the Indian government is set to resume the bilateral talks with the European Union, months after it […]Continue Reading

Business

BREXIT AND THE BOOST FOR GOLD- Shri. V.P. Nandakumar

Ut World October 18, 2016 0

The uncertainty over the referendum ended with the UK voting on June 23, 2016 to leave the EU. After the referendum, opinion is divided among financial analysts and economists about the long term consequences of the event. Those who campaigned for the exit option believe it will be negative only over the short term. In […]Continue Reading

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