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World 25 Sep 2020 | 2:04 AM

European Commission aims to boost EU capital markets

BRUSSELS, Sept. 24 (Xinhua) -- The European Commission on Thursday unveiled plans to expand the European Union's (EU) Capital Markets Union (CMU), with the top priority being the bloc's recovery from the unprecedented economic crisis caused by the coronavirus pandemic.

World 24 Sep 2020 | 6:11 AM

Roundup: Lawmakers, experts call for coordinated efforts in saving European tourism

BRUSSELS, Sept. 23 (Xinhua) -- Tourism industry in Europe and the world has suffered drastic losses this year due to the coronavirus pandemic, and all relevant parties need to learn to coexist with coronavirus and take coordinated measures to minimize the damage, it was concluded from a video meeting organized by the Committee on Transport and Tourism of the European Parliament.

World 24 Sep 2020 | 3:42 AM

U.S. state of California to ban sales of new gas-powered passenger vehicles by 2035

LOS ANGELES, Sept. 23 (Xinhua) -- California Governor Gavin Newsom announced Wednesday to ban the sale of new gasoline-fueled cars and passenger trucks in the most populous state in the United States by 2035, aggressively moving the Golden State further away from its reliance on climate change-causing fossil fuels.