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The Latest Breaking News from Commission

EU Commission 'surprised' by German finance minister's jibe on trade deal

The European Commission defended its US trade deal, saying it emerged from clear consultation with member states - including Germany - following a jibe by German Finance Minister Lars Klingbeil criticising the EU’s weakness in negotiations with the US.

Euronews

As Europe pushes towards its €1.5 trillion renewables target, companies like Ikea look for green power opportunities today

Companies like Ikea and Stegra illustrate how European businesses are increasingly viewing the transition as an opportunity in itself, rather than simply waiting for better times to emerge.

Fortune

EU suspends retaliatory tariffs as it finalises US trade deal

The European Union has suspended retaliatory tariffs on US goods worth €93 billion, after reaching a last-minute deal with Washington.

Radio France Internationale

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The two faces of Ursula: Reinvention or deception at the EU's helm?

As Ursula von der Leyen beds down for her second term as European Commission president - almost unrecognisable from her first - many are wondering if she has truly changed course, or is simply revealing her true colours?

Euronews

Europe’s M&A market is alive and kicking - in spite of the odds

Geopolitical unrest and trade uncertainty are complicating mergers and acquisitions (M&A). Despite the volatility, battle-hardened executives are pushing ahead with dealmaking.

Euronews

EU diplomats confirm they won't yet sanction Israel on Gaza

Last week, EU member states already failed to rally enough support to suspend Israel from the Horizon Europe fund in response to the war in Gaza. Two of the largest EU countries - Germany and Italy – prefer to “continue dialogue” with Israel, one diplomat said.

Euronews

EU Commission to suspend retaliation against US tariffs by another six months

As the EU and the US continue negotiating a joint statement to formalise their tariff deal, the EU executive is again postponing a package of countermeasures that were due to enter into force on 7 August.

Euronews

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Timing of new EU data rules and plan to cut red tape baffles tech sector

The Data Act enters into force in September, three months before the European Commission digital simplification measures will be presented.

Euronews

EU’s AI Act doesn’t do enough to protect artists’ copyright, creative groups say

As parts of the AI Act come into force this weekend, creative industry groups say there are still hurdles to protecting their copyrighted material from training AI systems.

Euronews

Cruel summer turns up heat on Ursula von der Leyen’s second mandate

From a motion of censure to a lopsided trade deal, the events of July threaten to derail the trajectory of Ursula von der Leyen's second term in office.

Euronews

Crypto Founders, Take Note: These SEC Roundtables Could Decide The Rules That Govern You

The Securities and Exchange Commission’s Crypto Task Force is expanding its outreach nationwide through a newly announced series of roundtables scheduled across key U.S. cities.

Benzinga

White House keeps tariff pressure on EU car industry

The US executive order published on July 31 imposes 15% tariffs on EU products, as outlined in the agreement reached by the US and EU presidents. However, it doesn't lower tariffs on cars, which remain at 25%.

Euronews

Some 26 tech companies sign up to EU Commission's AI Code

Companies joining Code still need to comply with AI Act obligations that kick in from 2 August.

Euronews

Is Europe ready to police AI? Supervision and sanctions start soon

A range of provisions under the EU’s AI rulebook will enter into force, dealing with national oversight, penalties and general purpose AI models.

Euronews

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Benzinga

SEC Launches 'Project Crypto' — Here's What It Means For You

The U.S. Securities and Exchange Commission (SEC) has unveiled a new initiative called “Project Crypto” aimed at overhauling securities regulations to adapt to blockchain-based financial systems.

Evening Standard

Wealth tax should be considered by Treasury, former Labour minister suggests

Anneliese Dodds argued it is ‘important’ for the Government to consider evidence set out by the Wealth Tax Commission.

Euronews

Temu joins EU's growing list of online platforms under investigation

The list of online platforms under investigation for potential breaches of the EU’s Digital Services Act continues to grow, with the latest addition being Chinese site Temu. In total, 14 proceedings have been opened against 10 platforms, targeting issues from product safety to protection of minors.

Euronews

The EU holds its breath as 1 August US tariff deadline looms

The EU Commission expects the US to keep its word and implement new tariff rates agreed on Sunday. Without a joint statement, it hopes that forthcoming US executive orders will provide relief to sectors heavily impacted since the start of the trade dispute.

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Euronews

Will wine and spirits be hit by US tariffs tomorrow? Even the EU doesn't know

With less than a day to go before the new EU-US tariff regime takes effect, the European Commission still doesn’t know for sure if the wine and spirits sector will be exempt.

Euronews

EU Commission confirms ditching of AI liability and patents proposals

Attempts by some lawmakers and member states fail to revive papers.

Euronews

The EU and US have shaken hands on a trade deal, but what's to come?

With the EU Commission and the White House making contradictory claims about the content of the EU-US trade deal struck on Sunday, industry, markets and governments are eagerly awaiting the release of a 'joint statement' which is set to clarify commitments made on both sides of the Atlantic.

Euronews

Denmark’s migration reset sets the stage for EU-wide rethink

Denmark has reframed the debate on migration by adopting highly restrictive rules presented through the lens of progressive politics.

Euronews

Poland's €45bn defence loan bid makes up third of EU total

More member states may decide to request loans before the formal deadline in late November.

Benzinga

Anthony Scaramucci Thanks 'Crypto Mom' Hester Pierce For 'Hard-Fought Contribution' After SEC Approves In-Kind Redemption For Bitcoin, Ethereum ETFs

Anthony Scaramucci, the founder of SkyBridge Capital, thanked pro-cryptocurrency SEC Commissioner Hester Pierce for her role in getting the agency to approve in-kind creations and redemptions for cryptocurrency exchange-traded funds.

Euronews

European stockpile of USAID-funded contraceptives faces destruction

Contraceptives valued at $10 million stored in Europe face destruction following the closure of a key American aid agency, amid backlash from global health groups calling for redistribution.

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