Business
Lufthansa loses fight over bailout at EU top court
German airline giant Lufthansa Thursday lost a legal battle over a six-billion-euro ($7-billion) pandemic-era government bailout when the…
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European Commission
Business
Five EU states press for windfall taxes on fossil energy sector
Finance and economy ministers from Austria, Germany, Italy, Portugal and Spain are pressing for the European Commission to impose windfall…
Business
EU Parliament sends Mercosur deal for court review
The European Parliament has voted to refer the long-negotiated EU-Mercosur trade agreement to the bloc’s highest court, a move that could…
Business
China hits EU dairy imports with preliminary tariffs
China has imposed preliminary tariffs on EU dairy imports following an anti-dumping probe launched in August 2024. “The investigating…
Business
Brazil's Lula hopes EU-Mercosur trade deal will be signed in January
SAO PAULO (AP) — Brazil's President Luiz Inácio Lula da Silva said on Saturday he hopes the massive free-trade deal between South American…
Business
EU waters down plans to end new petrol and diesel car sales by 2035
The European Commission has watered down its plans to ban the sale of new petrol and diesel vehicles by 2035. Current rules state that new…
Business
Russian bank sues Belgium's Euroclear after movement on frozen assets
Inclusion of the financial institution Euroclear. Ansgar Haase/dpa Russia's central bank has filed a lawsuit against Belgian firm…
Business
EU Opens Antitrust Probe Into Meta's New AI Policy For WhatsApp
Europe's competition regulator has opened a formal investigation into tech giant Meta over policy changes that allow the company's own AI…
Business
Merz postpones Norway trip for Belgium talks on frozen Russian assets
German Chancellor Friedrich Merz is seeking a solution with Belgium on the issue of the provision of Russian funds to support Ukraine. On…
Business
'Dawn of a new era' as EU agrees to phase out Russian gas imports
European Commission President Ursula von der Leyen on Wednesday praised an agreement reached overnight that aims to end all EU imports of…
Business
Stellantis CEO backs German push to ease EU car emissions rules ahead of key review
MILAN, Dec 1 (Reuters) - Stellantis Chief Executive Antonio Filosa on Monday welcomed Berlin's call to soften European Union car…
Business
Italy considers modifying golden powers, plans to retain veto authority- report
Italy’s government is considering changes to its financial oversight rules, while maintaining its authority to veto power on banking…
Business
Brussels to present plans on using frozen Russian assets for Ukraine
The European Commission is set to come forward with a proposal to use Russian state assets frozen in the European Union as a reparations…
Business
Europe pledges over €15bn for clean energy for Africa
A campaign to mobilize investments in renewable energy in Africa, led by European Commission President Ursula von der Leyen and South…
Business
EU plans emergency system for military transport due to Russia threat
The European Commission on Wednesday unveiled plans for an emergency system to speed up the cross-border movement of troops and military…
Business
EU plans fast-track system for military transport in emergencies
The European Commission will on Wednesday propose an emergency system to speed up the cross-border movement of troops and military…
Business
Norway reluctant to secure EU loan to Ukraine on its own
Norway is not ruling out participating in plans to use frozen Russian assets to provide a billion-pound loan to Ukraine, but does not want…
Business
Report: Ukraine must accelerate reforms to meet EU accession target
Ukraine must accelerate reforms if it is to meet its self-imposed goal of completing the EU accession process by the end of 2028,…
Business
The 'World's Most Sustainable Beach' Is An Iconic United Kingdom Haven With Soft Sands And Crystal-Clear Waters
Soft sand and crystal clear water might not be the first things you associate with a vacation to the United Kingdom, but perhaps they…
Business
Tensions remain high as China and EU prepare Brussels meeting on rare earths
A planned meeting between EU Trade Commissioner Maros Šefčovič and his Chinese counterpart was cancelled on Friday, as the European…
Business
EU leaders endorse a plan to ensure that Europe can defend itself from outside attack by 2030
BRUSSELS (AP) — European Union leaders on Thursday endorsed a plan to ensure that Europe can defend itself against an outside attack by…
Business
EU leaders to discuss new Ukraine support at Brussels summit
European Union leaders are to meet in Brussels on Thursday with the aim of backing new support measures for war-torn Ukraine. Other…
Business
EU chief: Release of hostages a 'moment of relief for entire world'
European Commission President Ursula von der Leyen has described the release of the final hostages held by Hamas in Gaza as a "moment of…
Business
How can Europe protect its skies against 'escalating' drone menace?
Drones flying over airports, commercial sites and other sensitive infrastructure in Europe is a growing phenomenon which EU leaders blame…