EU

European Central Bank will likely cut interest rates at its meeting this Thursday for the first time since almost five years. A survey of the private sector showed that activity had increased at the fastest rate in a full year, while…

French officials warned that the new EU border controls on British tourists could cause civil unrest in airports. After October 6, all non-EU passport holders must have their fingerprints and pictures taken when they arrive in the EU for…

The European Central Bank sent a strong signal to the world that it would cut rates next week from their historic highs. Its chief economist dismissed fears that cutting interest rates before the US Federal Reserve might backfire. ECB is…

Owners of Toblerone Milka and Oreo were fined €337.5m (£288m ) in the EU for anti-competitive behavior. The US food group formerly known as Mondelez, is the largest confectionery company in the world. It owns Ritz biscuits and TUC…

The 4,200-acre Profen mine, located 45 minutes southwest of Leipzig in east Germany, stretches to the horizon. The Nazis opened the mine in 1941, forcing hundreds of residents to move from six villages. The mine produces around eight…

Emmanuel Macron, Ursula von der Leyen and others warned Xi Jinping that in order to rebalance the trade relationship with China, the EU must protect itself against cheap Chinese imports. They also urged China's President to reduce support…

Emmanuel Macron warned that the EU faces a "mortal threat" from the economic decline, the rise of illiberalism, and the return to war due to Russia's full scale invasion of Ukraine. In a address delivered at the Sorbonne University, on…

Because of "significant disruption", the UK government told its port authorities it would not "turn on critical health and security checks for EU imports once post-Brexit borders controls start this month. The Department for Environment,…

After accepting a £378million offer from a Belgian group of self-storage, it appears that Lok'nStore will be the next British firm to be acquired by an overseas competitor. Shurgard's offer works out to £11.10 per share, 15.9% higher…

Labour's policy towards the EU has been a source of tensions. On Monday, the party had to deny that it would re-enter the customs union after winning the general elections. In a paper published by the Eurasia group political consultancy,…

Microsoft is now selling Teams, its online meetings service, as a separate product from its Office suite, after being scrutinized by competition regulators. The technology group split Teams and Office in Europe six months ago to try and…

The winter storage of natural gas has reached record levels in Europe, which puts the region in an excellent position to overcome the energy crisis that has dominated the continent for over two years. Gas Infrastructure Europe, the…

The head of Germany's biggest military contractor Rheinmetall has called on European countries to abandon their preference for national champions in favour of building larger, more specialised defense groups to compete against US rivals.…

Apple, Google parent company Meta and Google are all being investigated by EU authorities for possible breaches of new EU laws designed to monitor anti-competitive behavior by large technology companies. The three face substantial fines…

It has been revealed that a Chinese company, which makes batteries for BMW electric vehicles, is about to invest billions of pounds in the construction of Britain's largest gigafactory. EVE Energy is the largest producer of cylindrical…

Investors buy shares in European travel, luxury and retail goods, betting on a recovery of the economy to encourage consumers to spend more on expensive holidays and items. Renault and Stellantis, two carmakers, have both risen by more…

The EU will take a major step to confiscate a possible €27bn profit that could be generated by Russian assets in Europe, which are frozen for the next four-year period. This money would help finance the war effort in Ukraine. Officials…

UK start-ups have launched their technology overseas despite the regulatory uncertainty Industry chiefs warn that Britain is falling behind Europe in the development of driverless cars, as slow regulation forces new start-ups and their…