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The Latest Breaking News from Europe

European NATO allies set to collectively reach 2% spending target for first time

The 2% of GDP guideline was instituted in 2014, but allies have recently pledged to up the target for core defence spending to 3.5% of GDP.

Euronews

‘We have the quality’: Saki Kumagai says London City Lionesses are ready for the big time

The decorated Japan international on why the newly promoted side are already targeting a top-four finish in the Women’s Super League

The Guardian - UK

Shoei's Neotec 3 Motorcycle Helmet Gets New Colors and Graphics, But Only in Europe

Europe gets the new Neotec 3 designs first, and U.S. riders are left waiting…or working the black-market angle.

RideApart

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Tesla sales in Europe slump 40% as BYD new car registrations more than triple

Electric car business run by Elon Musk continues to lose ground to Chinese rival despite recent revamp of Model Y

The Guardian - UK

Poland to build Europe’s first of its kind small-scale nuclear power plant in Włocławek

Poland’s first small modular nuclear power plant, or SMR, will be built in Włocławek, energy company Orlen announced on Thursday, the first project of its kind in Europe.

Euronews

Blow for Elon Musk as Tesla sales fall 40% in Europe despite rise in customers buying EVs

The company continues to lose market share, now selling fewer than 1 per cent of EVs in the region

The Independent UK

Iran's rial currency falls to near-record lows on European 'snapback' sanctions threat

Iran's rial currency has fallen to near-record lows as concerns grow that European nations may reimpose United Nations sanctions over its nuclear program

The Independent UK

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Heavy fog strikes European Masters as play suspended on DP World Tour

Play was unable to continue on the opening morning in Switzerland with the course engulfed in thick fog

The Independent UK

Digital euro talks gain speed — but key hurdles remain

EU finance ministers are racing to agree on the legal framework for a digital euro by the end of 2025, but thorny issues remain, from privacy and data protections to limits on holdings and the role of non-euro countries.

Euronews

Tesla sales down by 40% in Europe while Chinese BYD triples its sales

New EU car registrations jumped by 7.4% in July year-on-year. EV sales are increasing, but Tesla is losing momentum in the bloc as Chinese competitor BYD grows in popularity, tripling its sales in the first seven months.

Euronews

‘Non-staffers go home’: European Parliament tightens rules on access to its premises

The days of wandering freely through the European Parliament’s maze-like corridors are over: starting next week, journalists, diplomats and lobbyists will need an invitation to set foot in many parts of the institution.

Euronews

France faces fresh turmoil as Bayrou gambles on a confidence vote he seems doomed to lose

The prime minister’s austerity plans have ignited fury across the board, leaving Macron’s government vulnerable at home just as Europe leans on France abroad

The Guardian - UK

Kia Is Perfectly Fine With The EU’s 2035 Combustion Engine Ban

Kia Europe’s boss hits back at Mercedes-Benz’s CEO, who yesterday signed a letter asking the EU to modify the emissions targets.

InsideEVs

Mercedes Boss Urges Europe to Drop the Gas Engine Ban

It’s only been a few weeks since the Mercedes CEO was brutally honest about his prediction for where Europe’s car industry is headed. Speaking with German business newspaper Handelsblatt, Ola Källenius said the EU needs a “reality check” to avoid “heading at full speed against a wall” and even "collapse."…

Motor1

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The Guardian - UK

Iran faces return of sweeping sanctions from UK, France and Germany

Decision by European powers follows Iran’s failure to readmit UN inspectors to all of its nuclear sites

The Guardian - UK

Liz Truss warns there is ‘a reckoning coming’ for central banks, and backs Trump in Fed battle; US growth revised higher amid AI boom – as it happened

Rolling coverage of the latest economic and financial news, as former PM criticises Bank of England and claims UK faces ‘economic doom loop’

Benzinga

Elon Musk's Tesla Struggles To Retain EV Market Share, BYD Surges Over 200% In July In Europe

Tesla Inc. (NASDAQ:TSLA) continues to grapple with poor sales as rival and Chinese EV giant BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) bolstered its European presence with growing sales.

Euronews

Climate change intensified weather that fuelled deadly wildfires in Türkiye, Greece and Cyprus

Researchers found that weather conditions which drove deadly fires in Türkiye, Greece and Cyprus were made more intense by climate change. They expect similar results from their ongoing analysis of blazes in Spain.

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Euronews

Where in Europe is best for international students to work while they study?

Euronews Business takes a closer look at work permit rules and average wages for international students in Europe.

The Independent UK

How a trip to ‘Moomin island’ made me rethink summers in the Med

Spending the summer attending music festivals, foraging and island hopping among the happiest people in the world is far preferable to sweltering on a beach in southern Europe, says Matt Charlton

Euronews

Defence: France and Germany looking at 'best athlete' model to boost European military production

EU defence production has been hindered by the sector's high level of fragmentation as many member states have historically favoured their own domestic defence industries on national security grounds.

AAP

Olympic great undergoes surgery after tumour diagnosis

Olympic kayak champion Jessica Fox has withdrawn from upcoming World Cup events in Europe after revealing she had a tumour removed from her kidney.

Al Jazeera

Zelenskyy says aides to meet Trump team in New York on Friday

Ukrainian president says diplomacy to end Russian invasion intensifying as team visits Middle East, Europe and US.

InsideEVs

The New Volvo XC70 Is A Long-Range PHEV With V2L And DC Charging

The XC70 PHEV can go at least 124 miles on a charge, Volvo says. It can also fast-charge and power your appliances.

The Guardian - UK

The Guardian view on UK attitudes to Europe: Labour is following where it could be leading

Editorial: There are signs of ministerial courage in making the case for closer ties to our neighbours, but the government could go further and faster

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