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BRUSSELS (Reuters) -- Korean Air won EU antitrust approval on Tuesday to buy Asiana Airlines after the companies agreed to sell the latter's cargo unit and divest routes to four European cities to a rival.
While the European Union managed to agree, albeit belatedly, on a financial aid package for Ukraine, the U.S. has been slow in approving new support. The war-hit country is short on arms and ammunition needed to fight Russia, and the Ukrainian fund used to pay the salaries of civil servants and pensions for citizens is running dry. Delaying support for Kyiv sends a wrong message to the world that the democratic camp's resolve to protect the rule of law is faltering.
The European Union is looking to sanction Chinese firms that it believes have helped Russia circumvent Western penalties, looking to slap measures against these mainland China businesses for the first time since the war began, three EU officials told CNBC.
Apple's iMessage messaging service and Microsoft's Bing and Edge search browsers should not be designated as "gatekeepers" under the European Union's strict digital competition laws, the European Commission said Tuesday.
Candidates backed by former Pakistani premier Imran Khan’s party plan to form a government, a senior aide to the jailed politician said on Saturday, calling on supporters to peacefully protest if final election results were not released.
ISLAMABAD (AP) — Pakistan on Saturday hit back at criticism over the conduct of its parliamentary elections, which were held amid sporadic militant attacks and an unprecedented stoppage of all mobile phone services.
LAHORE, Pakistan (AP) — Pakistan held parliamentary election l ast Thursday, with 44 parties fighting for a share of 266 seats in the National Assembly, or lower house of parliament. A further 70 seats have been reserved for minorities and women. If no party wins a majority of 169 seats, the one with the biggest share can form a coalition government.
BEIJING/WASHINGTON -- The U.S., Japan and other major economies have curbed their reliance on China since the trade war between Washington and Beijing began five years ago, casting a shadow over global economic growth.