EU

The CEO of MBDA (Europe's largest missile manufacturer) has urged EU decision-makers to ensure the UK is included in the new strategy for the bloc to develop its defence industry, as the region seeks a response to increasing geopolitical…

After gaining the support of the majority of EU member states, new laws designed to enhance the rights of gig workers in the EU who are contracted by companies like Uber were saved from oblivion. Last month, a group had blocked the…

Gazprom, the Russian gas company, plans to sell off its stakes across North Sea assets. It faces compensation claims of multi-billion dollar value from European gas companies due to its drastic reduction of pipeline gas supply in 2022.…

Just Eat Takeaway.com's share price and mood were not lifted by the delivery of jam today or the promise that more would be delivered tomorrow or later this year. Europe's largest food delivery group has reported a massive jump in…

Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive and longtime ally Alexei Miller: "This is great, I congratulate you on the results of your work." But the Russian…

Solar panel manufacturers in Europe and the US have warned against excluding Chinese companies from renewable energy supply chains. China dominates the solar manufacturing industry, with more than 80 percent of global production,…

Five people who have direct knowledge of this long-running investigation claim that Brussels will impose the first fine ever on Apple for allegedly violating EU law regarding access to its streaming music services. The fine is estimated…

When he spoke to aerospace executives and innovators at Toulouse, the French president Emmanuel Macron had a combative tone. "We have been fighting for months, saying that European sovereignty is European Unity. He told the gathering of…

After being pressed by his colleagues, Viktor Orban, the Hungarian prime minister, rescinded a veto he had previously taken on the financial aid package. The compromise reached at an emergency EU summit came after an unprecedented…

Germany's economy contracted by 0.1% in 2023. This means that it is almost certain to have had the worst performance of the G7 club. The largest economy in Europe has, however, avoided a technical contraction -- defined as two…

Apple executive claims that new EU digital regulations are going to make it harder for users of Apple products, and put them at risk of security threats. Apple's App Store head Phil Schiller said on Thursday that the new Digital Markets…

As wholesale gas prices continue their decline despite the new global political turmoil, it is expected that household energy bills will fall by 16 percent or just under £300 per year starting in April. Since the Ukraine War, Europe has…

Apple paid Rbs1.18bn (12.3mn dollars) to the Russian state budget after a Moscow court found it guilty of abusing the App Store's dominant position. FAS, Russia’s anti-monopoly regulator, announced Monday that it had received payment in…

Logistics experts warn that attacks on ships in the Red Sea could disrupt supply chains and create chaos for Europe's retailers and manufacturers. Since Yemen's Houthi militants, backed by Iran, increased attacks last month on vessels…

Dyson lost its battle to get compensation of €176mn from Brussels for damages that it claimed were caused by energy label tests that penalised their vacuum cleaners. The British engineering company sought redress with the European…

Eurostar was reprimanded by regulators for "misleading' adverts, after they found that only a small percentage of tickets were sold at the promised £39. , the train company, urged customers to "treat themselves to a European getaway…

The EU is working on a plan to provide Ukraine with a financial back-up of up to 20 billion euros, using a debt-structure that will allow it avoid Viktor Orban's objections about funding this war-torn nation. Officials are looking for…

As part of an agreement to gradually overhaul the budget framework of the EU, EU finance ministers have given in to German demands for strict debt-reduction regulations. After months of haggling the package grants EU member states more…