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HUNGARY BLOCKS EU SANCTIONS
Inside Europe's most brutal June heatwave yet: Thousands dead as heat shatters century-old recordsEurope and the UK endured their hottest June on record, with temperatures soaring past 40°C in several nations. The UK saw its highest June...
EU Commission proposes five major cross-border defence projectsThe European Commission has put forward five significant cross-border defence initiatives, paving the way for EU funding. These projects, i...
EU officials fear leaders will balk in confronting ChinaDespite acknowledging severe stakes, leaders struggle to agree on tangible steps to address a massive trade deficit and Chinese state subsi...
India refiner Nayara's gasoline sold to Russia via traders, sources sayIndian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oi...
Europe growth hit more by China exports than bigger trade gap, Goldman saysGoldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manuf...
Google loses fight against record €4.1 billion EU antitrust fineGoogle's appeal against a record €4.34 billion EU fine for abusing its Android dominance has been dismissed by Europe's highest court. The ...
EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
EU launches new measures to attract skilled foreign workers, speeds up single work-residence permit processThe European Union is easing entry for skilled non-EU workers to combat labour shortages. A revamped Single Permit Directive streamlines ap...
Chinese and US risks mean EU chip sector faces a 'bleak future'Further vulnerability stems from the EU's dependence on the U.S. for technology, including design software and the possibility the U.S. cou...
Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
EU top court to rule on record 4.1 bn euro Google fineThe EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti...
Paramount moves to ease EU antitrust concerns over Warner Bros Discovery dealParamount Skydance Corp has offered solutions to EU competition watchdogs regarding its massive Warner Bros Discovery acquisition. The comp...
US de-lists four Indian companies from Russia-linked sanctionsIn a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused ...
Irish regulator reconsidering TikTok data-transfer ban after court rulingIreland's Data Protection Commission (DPC), TikTok's lead EU privacy regulator, fined the Chinese tech giant €530 million a year ago and or...
UK may intervene in $110 billion Paramount-Warner Bros Discovery dealBritain is considering intervening in Paramount's proposed $110 billion takeover of Warner Bros Discovery, potentially delaying the deal de...
Germany demands $450 billion cut to 'unaffordable' EU budget, document showsGermany is pushing for a massive €400 billion cut to the European Commission's proposed €2 trillion budget for 2028-2034, deeming it "unaff...
Austria lobbies EU to host Anthropic AI after US curbs: ReportAustria is pushing the European Union to consider hosting Anthropic AI system within its borders to counter efforts by the U.S. to bloc...
Europe heatwave: 191 million people to face 35C+ temperatures on SundayEurope is bracing for a scorching Sunday as an estimated 191 million people are expected to face temperatures of 35C or higher, particularl...
75 Indian students awarded Erasmus+ scholarships; EU-India Student Ambassadors' Network launchedThe EU has launched a new Student Ambassadors' Network involving 40 students from 20 Indian universities to promote European academic and r...
What sanctions are there on Iran and will they be lifted?Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...