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G7's Political Relevance At Stake Over Israel-Gaza Response: Experts
The Group of Seven (G7) bloc of wealthy democracies risks eroding its relevance as a force to tackle major geopolitical crises over an apparent struggle between its member nations to agree on a firm, united approach to Israel's war in Gaza.
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India Criticises Safeguard Measures On Import Of Steel Product At WTO Meet
Certain WTO countries, including India, Switzerland, Russia, and Japan, have criticised the safeguard measures imposed by the EU and the UK on imports of certain steel products, stating it is inconsistent with global trade rules, an official said.
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EU Lobbies Asian Countries to Regulate AI Tech Firms, Said to Get Lukewarm Response
The European Union's efforts to lobby governments in Asia — including India, Japan, South Korea, Singapore, and the Philippines — to implement stringent rules to rein in and regulate AI technology firms are being met with a lukewarm response. The bloc wants its proposed AI Act to become a global benchmark for regulating AI, like its GDPR laws, ...
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Japan Said to Be Leaning Towards Softer Rules for AI Regulation Than EU
Japan is leaning towards softer rules governing the use of artificial intelligence (AI) than the European Union, said an official close to deliberations, as it looks to the technology to boost economic growth and make it a leader in advanced chips.
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EU To Lift Ban Of Food Imports From Japan Post 2011 Nuclear Accident
Japan would welcome the European Union's lifting of restrictions on food imports imposed after a 2011 nuclear accident triggered by a major earthquake and tsunami, a government spokesperson said on Friday.
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G7 Officials to Hold First Meeting on AI Regulation Next Week, Will Look at Concerns Around ChatGPT-Like Tools
Group of Seven (G7) nation officials will meet next week to consider problems posed by generative artificial intelligence (AI) tools like ChatGPT, Japan said on Friday.
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EU Backs Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Blizzard
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator put the deal at risk by blocking it.
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Microsoft-Activision Deal Likely to Reach Final Decision in EU by May 15
EU antitrust regulators are set to approve Microsoft's $69 billion (nearly Rs. 5,65,480 crore) acquisition of Activision next week, with May 15 as the likeliest date, people familiar with the matter said. The European Commission's imminent clearance comes nearly three weeks after the UK competition authority blocked the deal, the biggest-ever deal ...
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Government Exploring 'Options' After WTO Panel Ruling on IT Tariffs, Rules Out Immediate Impact
The government on Tuesday ruled out any immediate impact from a World Trade Organization (WTO) panel ruling on the country's violation of global trading rules due to the imposition of tariffs on IT products like mobile phones and components. Japan, Taiwan, and the EU challenged India's introduction of import duties for a wide range of IT products i...
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India Said to Plan Appeal Against WTO Panel Ruling Against ICT Import Duties in Dispute With Japan, EU
India will appeal against a World Trade Organization's (WTO) panel ruling that the country's import dues on certain information and technology products are inconsistent with the global trade norms, commerce ministry sources told PTI. The WTO panel's ruling followed a dispute filed by the EU, Japan and Taiwan against duties on ICT products.
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Oil Prices Fall But Hold Above $100 A Barrel As Wild Gyrations In Crude Markets Continue
In another reflection of the wild gyrations in global crude markets, oil futures declined slightly after opening higher on Wednesday and having surged over 6% in the previous session.
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EU Launches WTO Dispute Against China Over Telecom Patents
European Union has accused Chinese courts of preventing European companies from protecting their telecom technology patents with a legal challenge against China at the World Trade Organization.
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Nvidia Offers EU Concessions Over $54-Billion Arm Deal
Nvidia has offered concessions in a bid to secure EU antitrust approval for its $54 billion (roughly Rs. 4,05,180 crores) acquisition of British chip designer Arm, a European Commission filing showed.
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S Jaishankar Discusses Bilateral Issues, Covid During Meet With Counterparts From US, Other Countries
External Affairs Minister S Jaishankar on Tuesday met his counterparts from the US, Britain, Japan, Canada, Saudi Arabia, Italy, Mexico, France, Spain, Singapore and the EU on the sidelines of the G20 ministerial meetings.
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Apple, Google to Face Antitrust Probe in Japan: Report
The Japanese government will probe the activities of Apple and Google, amid growing allegations of antitrust violations by US tech giants.
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G7's Political Relevance At Stake Over Israel-Gaza Response: Experts
The Group of Seven (G7) bloc of wealthy democracies risks eroding its relevance as a force to tackle major geopolitical crises over an apparent struggle between its member nations to agree on a firm, united approach to Israel's war in Gaza.
-
India Criticises Safeguard Measures On Import Of Steel Product At WTO Meet
Certain WTO countries, including India, Switzerland, Russia, and Japan, have criticised the safeguard measures imposed by the EU and the UK on imports of certain steel products, stating it is inconsistent with global trade rules, an official said.
-
EU Lobbies Asian Countries to Regulate AI Tech Firms, Said to Get Lukewarm Response
The European Union's efforts to lobby governments in Asia — including India, Japan, South Korea, Singapore, and the Philippines — to implement stringent rules to rein in and regulate AI technology firms are being met with a lukewarm response. The bloc wants its proposed AI Act to become a global benchmark for regulating AI, like its GDPR laws, ...
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Japan Said to Be Leaning Towards Softer Rules for AI Regulation Than EU
Japan is leaning towards softer rules governing the use of artificial intelligence (AI) than the European Union, said an official close to deliberations, as it looks to the technology to boost economic growth and make it a leader in advanced chips.
-
EU To Lift Ban Of Food Imports From Japan Post 2011 Nuclear Accident
Japan would welcome the European Union's lifting of restrictions on food imports imposed after a 2011 nuclear accident triggered by a major earthquake and tsunami, a government spokesperson said on Friday.
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G7 Officials to Hold First Meeting on AI Regulation Next Week, Will Look at Concerns Around ChatGPT-Like Tools
Group of Seven (G7) nation officials will meet next week to consider problems posed by generative artificial intelligence (AI) tools like ChatGPT, Japan said on Friday.
-
EU Backs Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Blizzard
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator put the deal at risk by blocking it.
-
Microsoft-Activision Deal Likely to Reach Final Decision in EU by May 15
EU antitrust regulators are set to approve Microsoft's $69 billion (nearly Rs. 5,65,480 crore) acquisition of Activision next week, with May 15 as the likeliest date, people familiar with the matter said. The European Commission's imminent clearance comes nearly three weeks after the UK competition authority blocked the deal, the biggest-ever deal ...
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Government Exploring 'Options' After WTO Panel Ruling on IT Tariffs, Rules Out Immediate Impact
The government on Tuesday ruled out any immediate impact from a World Trade Organization (WTO) panel ruling on the country's violation of global trading rules due to the imposition of tariffs on IT products like mobile phones and components. Japan, Taiwan, and the EU challenged India's introduction of import duties for a wide range of IT products i...
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India Said to Plan Appeal Against WTO Panel Ruling Against ICT Import Duties in Dispute With Japan, EU
India will appeal against a World Trade Organization's (WTO) panel ruling that the country's import dues on certain information and technology products are inconsistent with the global trade norms, commerce ministry sources told PTI. The WTO panel's ruling followed a dispute filed by the EU, Japan and Taiwan against duties on ICT products.
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Oil Prices Fall But Hold Above $100 A Barrel As Wild Gyrations In Crude Markets Continue
In another reflection of the wild gyrations in global crude markets, oil futures declined slightly after opening higher on Wednesday and having surged over 6% in the previous session.
-
EU Launches WTO Dispute Against China Over Telecom Patents
European Union has accused Chinese courts of preventing European companies from protecting their telecom technology patents with a legal challenge against China at the World Trade Organization.
-
Nvidia Offers EU Concessions Over $54-Billion Arm Deal
Nvidia has offered concessions in a bid to secure EU antitrust approval for its $54 billion (roughly Rs. 4,05,180 crores) acquisition of British chip designer Arm, a European Commission filing showed.
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S Jaishankar Discusses Bilateral Issues, Covid During Meet With Counterparts From US, Other Countries
External Affairs Minister S Jaishankar on Tuesday met his counterparts from the US, Britain, Japan, Canada, Saudi Arabia, Italy, Mexico, France, Spain, Singapore and the EU on the sidelines of the G20 ministerial meetings.
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Apple, Google to Face Antitrust Probe in Japan: Report
The Japanese government will probe the activities of Apple and Google, amid growing allegations of antitrust violations by US tech giants.
