European Union

Nayara Power mulls authorized recourse on EU sanctions, reiterates funding dedication

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[ad_1] New Delhi: Caught within the crosshairs of Western sanctions, Rosneft-backed Nayara Power has hit again on the European Union’s (EU) transfer to blacklist its Vadinar refinery in Gujarat, calling the motion baseless, unilateral and a breach of worldwide regulation. In an announcement on Monday, the corporate mentioned it’s actively exploring all authorized choices and … Read more

Xi to Meet EU Chiefs at Downsized Summit Hit by Commerce, Ukraine

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[ad_1] Prime representatives from the European Union will meet with Chinese language President Xi Jinping and different key leaders Thursday, their first in-person summit since 2023 that’s exposing a divide between the bloc and Beijing simply months after earlier indicators of a attainable detente. Tensions spanning commerce to the warfare in Ukraine are casting a … Read more