EURO 1 9 BILLION
Euro 2024 schedule, live streaming in USA: How to watch Euro Championship 2024 online for free without cable?
Euro 2024 schedule shows the national football tournament is heading towards business end. Soccer fans in Europe can watch live streaming of these games.
Confident of over $800 billion exports in goods, services this fiscal, says Piyush Goyal
India recorded a current account surplus of USD 5.7 billion or 0.6 per cent of GDP in the March quarter. This is the first time in ten quarters that the crucial metric of the country's external strength has turned into surplus mode. In the year-ago period, the current account deficit stood at USD 1.3 billion or 0.2 per cent of GDP, and the same was USD 8.7 billion or 1 per cent of GDP in the preceding quarter ending December 2023.
Italy claims 1 billion euros in unpaid taxes from Google
Just as in the previous investigation, the probe led by Milan prosecutors alleges that Google did not file and pay taxes on revenues generated in Italy, but this time the basis for the accusation is different, sources said.
EU releases Euro 1.9 billion for Ukraine, days after launch of accession talks
The European Union on Thursday disbursed Euro 1.9 billion to Ukraine amid its ongoing conflict with Russia. The funds, provided under the Ukraine Facility, are intended to support the Ukrainian state during this challenging time. European Union President Ursula von der Leyen stated the purpose of the funds.
Vedanta sees sale of steel operations by October, to spend $1.9 billion on capex
The plan to divest the steel business is a part of the company’s efforts to cut debt, Agarwal said in the company’s annual report for 2023-24 (Apr-Mar). At holding company Vedanta Resources, debt has been cut by $3.7 billion in two years, as against the company’s commitment of bringing it down by $4 billion. “We seek to further deleverage Vedanta Resources by US$ 3 billion over the next three years,” he reiterated.
NATO targets AI, robots and space tech in $1.1 billion fund
NATO allies confirm first tranche of companies awarded funding from $1.1 billion innovation fund to enhance defences, including European tech companies like Fractile and ARX Robotics.
India's trade deficit in May widens to $23.78 billion; exports rise 9%
India's trade deficit widened to $23.78 billion, falling short of economists' $19.5 billion projection, per a Reuters poll. May saw a 9% increase in merchandise exports to $38.13 billion, driven by engineering goods, commercial vehicles, and smartphones. Merchandise imports surged by 7.7% year-on-year to $61.91 billion. Analysts expect exports to rebound, aided by global trade recovery, manufacturing incentives, and domestic inflation easing.
Camlin Fine Sciences shares surge 9% after company announces 1 Euro acquisition
Shares of Camlin Fine Sciences witnessed a notable surge of 9% on the BSE on Wednesday, reaching the day's peak at Rs 113. This upswing followed the company's announcement regarding the complete acquisition of Vitafor Invest NV by its wholly owned subsidiary, Dresen Quimica SAPI De CV.
Chinese EVs to be hit with multi-billion-euro tariffs at European Union toll gates
The European Union plans to increase tariffs on Chinese electric vehicles to 25%, despite German warnings of a trade war. France and Spain support the move to protect European manufacturers and generate revenue. Currently, the EU imposes a 10% duty on Chinese EVs, while China taxes European imports at 15%. This decision follows the U.S. raising duties on Chinese EVs to 100% and will see BYD, Geely, and Tesla, which export from China to Europe, hurt in the process.
Cognizant to acquire Belcan for $1.3 billion
The deal would expand Teaneck, New Jersey-based Cognizant's footprint in the aerospace, defense, space and automotive sectors. Cincinnati-based Belcan, which has been owned by private equity firm AE Industrial Partners since 2015, employs 10,000 people across 60 locations globally. Some of its clients include Boeing, General Motors, Rolls-Royce, the U.S. space agency NASA and the U.S. Navy.
Lenskart $200M secondary deal; Baron bumps up Swiggy’s valuation
Singapore's Temasek and US-based Fidelity have invested $200 million in Lenskart through a secondary share sale. This and more in today’s ETtech Top 5.
Ukraine secures more military aid from EU members
Slow deliveries of support by its Western partners, especially a lengthy delay in military aid from the United States, have left Ukraine at the mercy of Russia's bigger army and air force. European countries have been discussing the possibility of deploying troops to Ukraine in support roles, while talk of giving seized Russian assets to Ukraine has further angered Moscow.
Euro 2024 live in USA: Schedule, fixtures, matches, venues, teams, groups, how to watch
Euro 2024 schedule, fixtures, squads, venues, teams, groups details are out. The matches will also be live telecast in the US.
EU tries increasing Ukraine's military support as Zelenskyy tours Spain, Belgium and Portugal
European Union defence ministers are meeting in Brussels to provide military aid to Ukraine amidst Russia's ongoing invasion. Ukrainian President Volodymyr Zelenskyy is seeking support from Spain, Belgium, and Portugal to bolster Ukraine's defence efforts. Hungary's veto has stalled 6.5 billion euros in aid. Zelenskyy aims to secure more support, including US-made Patriot air defence systems, to counter Russia's attacks.
Exports of marine products drop 9% to $7.37 billion in 2023-24
According to exporters, demand slowdown, high inflation in developed economies and increasing exports of frozen shrimp from Ecuador to America are some of the reasons for dip in India's exports last fiscal. Leading exporters from the sector Yogesh Gupta, Managing Director, Megaa Moda, said that as the US has imposed anti-dumping duty on Ecuador, "our products would now compete and increase exports".
Amazon to invest 15.7 billion euros in Spain
Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. Amazon in 2021 had planned to invest 2.5 billion euros in Aragon, where it has three data centres.
Germany's military aid for Ukraine to rise by 3.8 billion euros, source says
Germany plans to boost military aid for Ukraine by 3.8 billion euros this year, with 7.1 billion euros already allocated. Defence Minister Boris Pistorius seeks additional funds for weapons and ammunition support, backed by Finance Minister Christian Lindner.
Google invests 1 billion euros in Finnish data centre to drive AI growth
In recent years, many data centres have been located in the Nordic countries because of the region's cooler climate, tax breaks and abundant availability of renewable power.
Spotify Q1 Results: Gross profit crosses 1 billion euros for first time
Spotify's quarterly gross profit topped 1 billion euros ($1.1 billion) for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users.
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