The Latest Breaking News from European Union

The EU on Friday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow's oil exports.

The U.S. is Europe and Britain’s largest export market. About 20% of EU exports go to the U.S. at a value of around $581 billion. Europe’s trade doesn’t immediately have anywhere else to go.

The US ‘Magnificent Seven’ have pulled far ahead of Europe’s corporate giants, driven by massive AI growth. While US tech surges, Europe’s top firms—mostly in traditional sectors—struggle to keep pace in the new innovation-driven economy.

If you choose to buy a sustainable product at the supermarket, or invest in a sustainable portfolio at your bank, how far does that sustainability reach? Does the product’s “sustainable” label account for the environmental and labour costs where the raw materials were extracted? Does the portfolio include renewable energy…

September S&P 500 E-Mini futures (ESU25) are trending up +0.19% this morning, extending yesterday’s gains as rising confidence in the strength of the U.S. economy and positive earnings reports bolstered investors’ risk appetite.

In a bid to avoid harsh tariffs being imposed, many Asian countries are looking to strike large LNG deals with the US. But could this be disastrous for the clean energy transition?

The fire broke out in the town of Mentrida in the Castile-La Mancha region, around 30 miles southwest of the capital

The German Chancellor admitted that Europe must ‘do more’ on defence spending

Deal is 18th such package since Ukraine invasion as Ursula von der Leyen says EU is ‘striking the heart of Russia’s war machine’

The European Union is targeting Russia with more sanctions over its war on Ukraine

North Korea says it is suspending the entry of foreign tourists to a recently opened mega beach resort, a move that dims prospects for the complex