Sun. Oct 6th, 2024

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BUSINESS

EU Commission clears acquisition of TBX NewCo Spain and TBX Upstream Seamless Pipes by Tubacex and Mubadala

The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.

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EU Commission clears acquisition of Worldgrid by Alten

The EU Commission has approved under the EU Merger Regulation the acquisition of sole control of Worldgrid France SAS and other entities and assets constituting the Worldgrid Smart Energy Solutions business segment (“Worldgrid”), based in Germany, Belgium, Spain, France, Morocco and the United Kingdom, by Alten SA, based in France.

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euro, money, currency

Insight EU Finance Monitoring Weekly: 23 – 27 September 2024

These are the headlines of our weekly Insight EU Finance Monitoring, published last Friday night. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.

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A European judge sitting in a courtroo, using artificial-intelligence technology to-assist in decision-making

Artificial Intelligence: The strategy of the EU Court of Justice

Artificial Intelligence (A.I.) has been around since the 1950s, but its recent exponential growth can be attributed to two factors: first, the availability of larger datasets for training and second, increased computational power. It holds significant potential for the Court of Justice of the European Union (ECJ), on the one hand by enabling automation of simple tasks, on the other hand, by offering new possibilities in legal research, translation, interpretation, enhancing accessibility and providing a modernised approach to accessing information.

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DIGITIZATION

A wide view of the General Assembly Hall during the opening of the Summit of the Future.

UN Pact for the Future: World leaders pledge action for peace and sustainable development

World leaders on Sunday adopted the Pact for the Future, a landmark declaration pledging concrete actions towards a safer, more peaceful, sustainable and inclusive world for tomorrow’s generations. The Pact along with its annexes, the Global Digital Compact and the Declaration on Future Generations, was adopted by consensus, despite a last-minute proposal for an amendment by some countries, including Russia, Iran, the Democratic People’s Republic of Korea (DPRK) and Syria.

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EU kicks off high-level meetings during the UN General Assembly in New York

The EU has kicked off a week of high-level meetings and events during the UN General Assembly in New York. During the weekend, Executive Vice-President Vestager, Vice-President Šuica and Commissioner Urpilainen participated in the Summit of the Future’s Action Days covering topics ranging from youth, children’s rights, sustainable development, demography, gender equality and sexual reproductive health, as well as the Global Digital Compact adopted at the Summit of the Future.

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EU and Moldova conduct a threat assessment ahead of upcoming elections

During a technical workshop, EU Commission staff and Moldovan authorities conducted a threat assessment and election readiness exercise with online platforms, Moldovan civil society organisations, fact-checkers and independent media. Several online platforms agreed on the implementation of a temporary escalation mechanism ahead of Moldova’s presidential elections and national referendum on 20 October 2024.

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SECURITY

EU ISS on the U.S. presidential election: What choices for Europe?

The US presidential election will thus have far-reaching consequences for the EU’s own foreign policy. Its outcome will affect the course of Russia’s war against Ukraine, the conflict in the Middle East, tensions in the Indo-Pacific, and the strength of transatlantic ties. Brussels must be ready for whatever is to come.

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A wide view of the General Assembly Hall during the opening of the Summit of the Future.

UN Pact for the Future: World leaders pledge action for peace and sustainable development

World leaders on Sunday adopted the Pact for the Future, a landmark declaration pledging concrete actions towards a safer, more peaceful, sustainable and inclusive world for tomorrow’s generations. The Pact along with its annexes, the Global Digital Compact and the Declaration on Future Generations, was adopted by consensus, despite a last-minute proposal for an amendment by some countries, including Russia, Iran, the Democratic People’s Republic of Korea (DPRK) and Syria.

Read More »

EU kicks off high-level meetings during the UN General Assembly in New York

The EU has kicked off a week of high-level meetings and events during the UN General Assembly in New York. During the weekend, Executive Vice-President Vestager, Vice-President Šuica and Commissioner Urpilainen participated in the Summit of the Future’s Action Days covering topics ranging from youth, children’s rights, sustainable development, demography, gender equality and sexual reproductive health, as well as the Global Digital Compact adopted at the Summit of the Future.

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SUSTAINABILITY

EU Commission clears acquisition of TBX NewCo Spain and TBX Upstream Seamless Pipes by Tubacex and Mubadala

The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.

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artificial intelligence, network, programming

Transforming public sector services: EU study calls for strategic AI adoption

A study commissioned by the European Commission highlights the significant potential of Artificial Intelligence (AI) to improve public sector services across the EU. The report, finish befor the adoption of the I Act, emphasises that AI can enhance citizen-government interactions, boost analytical capabilities, and increase efficiency in key areas such as healthcare, mobility, e-Government, and education.

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Eurostat reports drop in imports of energy products to the EU

In the second quarter of 2024, the EU imported €94.9 billion worth of energy products, amounting to a total of 177.9 million tonnes. Compared with the same quarter of 2023, imports decreased both in value (-10.7%) and in net mass (-9.7%). A slight increase was reported in the value of imported petroleum oils (+5.6% compared with the second quarter of 2023), while the volume of imports recorded a small decline (-2.2%).

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EU AGENDA

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