The Latest Breaking News from European Commission

As the Russia-Ukraine war enters its 199th day, we take a look at the main developments.

Russian-installed administrator makes announcement after occupying forces pull out of two key towns in face of Ukrainian offensive

Russia's invasion caused over $97 billion in direct damages to Ukraine through June 1, but it could cost nearly $350 billion to rebuild the country, a report released Friday by the World Bank, Ukrainian government and European Commission shows.

The United Nations cited "credible accusations" Wednesday that Moscow's forces have forcibly taken Ukrainian children to Russia, while Russian President Vladimir Putin accused the West of benefitting from the eased grain blockade. Kyiv meanwhile said its forces had recaptured significant territory in a counter-offensive southeast of Kharkiv that experts say…

The U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation to Pfizer’s (NYSE:PFE) lead drug GBS6 or PF-06760805 for the prevention of invasive GBS disease due to the vaccine serotypes in newborns and young infants by active immunization of their mothers during pregnancy. Pfizer shares traded in a…

The European Union is proposing a cap on the price of Russian natural gas, despite Vladimir Putin threatening to cut off supplies for any market that does so. European Commission President Ursula von der Leyen is also asking energy ministers to consider imposing a windfall tax on companies that have…

Russian President Vladimir Putin threatens to cut off all energy supplies if Brussels were to impose a cap.

Europe's antitrust regulator on Tuesday moved to block San Diego's Illumina from acquiring Grail — one week after a U.S. administrative law judge found that the blockbuster $7.1 billion merger should be allowed to stand.

European Commission President Ursula von der Leyen says European Union countries should set a price cap on Russian natural gas