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The Latest Breaking News from European Union

Trump sells the EU more energy and protection, muscling Russia out

Moscow called an EU-US trade deal ‘anti-Russian’ as the US formally took over its former energy market.

Al Jazeera

This trade deal is the EU’s Suez moment – its subservience to Trump is on show for all to see

Critics have described the one-sided deal as an admission of weakness, and a dark day for Europe. They are absolutely right, says Guardian columnist Larry Elliott

The Guardian - UK

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

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Seven all-American products that are actually 'Made in Europe', set to be hit by US tariffs

Trump’s tariffs are aimed at ostensibly boosting US production and fostering a “local for locals” sensibility. Except, it turns out that several American product staples are actually... "Made in Europe"?

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

A week after Meta turned it down, Google agrees to sign EU's AI Code of Practice while still raising its own concerns

"We will join several other companies, including U.S. model providers, in signing the European Union’s General Purpose AI Code of Practice. "

PC Gamer

Ukraine war briefing: Kremlin says it has ‘immunity’ to US sanctions as Trump deadline looms

Russia says it has been living under ‘a huge number of sanctions’ for some time; attacks on Ukrainian capital leave six dead. What we know on day 1,254

The Guardian - AU

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Countries failing to act on UN climate pledge to triple renewables, thinktank finds

Fossil fuel reliance likely to continue and Cop28 target of limiting global heating to below 1.5C will be missed

The Guardian - UK

Airbus First-half Profit Climbs 85% To $1.7 Bn

European aerospace group Airbus posted an 85-percent rise in first-half profit Wednesday to $1.7 billion, even though it delivered fewer commercial planes compared with the same period last year.

International Business Times

Dollar Rallies and Gold Sinks as Powell Pushes Back Against Rate Cuts

The dollar index (DXY00 ) on Wednesday extended this week’s rally and rose by +0.88% to a 2-month high. Signs of strength in the US economy boosted the dollar Wednesday after the July ADP employment change rose more than expected by the most in four months, and Q2 GDP expanded...

Barchart

Ionis Posts Surprise Q2 Profit, Double Revenues On Stronger Sales From Newly Approved Genetic Disease Drug

Ionis Pharmaceuticals Inc. (NASDAQ:IONS) reported second-quarter adjusted earnings of 85 cents on Wednesday. The company reported an adjusted loss of $35 million a year ago.

Benzinga

Harley-Davidson, Hershey, Adidas, Mercedes warn of profit woes and tariff costs after US-EU 15% deal

Earnings announcements come as across-the-board tariffs set to take effect on Friday

The Independent UK

‘Europeans annoy me,’ says proudly American JD Vance, who loves making out with sofas

Self-appointed culture critique.

We Got This Covered

Labour Accused Of 'Creeping Back To The EU' As UK Cars Set To Be Fitted With Breathalysers And Crash Recorders

Labour faces criticism for plans to fit UK cars with breathalysers and crash recorders under proposed EU-aligned safety regulations.

International Business Times UK

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Euronews

Macron says the EU-US trade deal's not yet done, and calls for more negotiation

With the ink barely dry on the trade deal between the EU and the US, the French president called for continued negotiations and, if necessary, the implementation of rebalancing measures.

International Business Times

EU Urged To Act On Forests' Faltering Absorption Of Carbon

The amount of carbon dioxide absorbed by European forests has reduced dramatically in recent years putting the EU's climate targets at risk, researchers said Wednesday, calling for urgent action to halt the decline.

Euronews

Clear waters: Where are the cleanest and least safe bathing spots in Europe?

The Mediterranean tops the latest ranking, which features some notable surprises from the Black Sea and the Alps.

PC Gamer

If you'd like to see Meta's AI gunk purged from WhatsApp, a new antitrust investigation in Italy might just do the trick

Be gone, all-seeing Eye of Zuckeron.

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Euronews

EU's new Entry/Exit System has had a shaky start. Here’s what travellers need to know

Travellers can expect information campaigns and awareness-raising activities at border crossing points.

Fortune

An ex-Apple engineer says his new defense startup leans heavily on a key Silicon Valley strategy: 'Look at the speed that Tesla moved'

"Our adversaries are arming themselves with emerging technologies at a rapid industrial scale," says CEO Dimitrios Kottas.

Barchart

Solid US Economic Reports Boost the Dollar

The dollar index (DXY00 ) today extended this week's rally and is up by +0.59% at a 2-month high. Signs of strength in the US economy are boosting the dollar today after the July ADP employment change rose more than expected by the most in four months, and Q2 GDP...

Euronews

Customs duties: What will be the possible impact on consumers in Europe?

The prices of European products are likely to rise in the United States. Conversely, the trade agreement should not cause inflation in Europe, as the EU has not introduced counter-tariffs on American products.

Euronews

European dockworkers demand halt to arms shipments to Israel

Israel says its Gaza offensive is self-defence, but dissent is spreading. In June, French dockworkers blocked a shipment of arms components bound for Israel, rousing support across Europe. In the Italian port of Genoa, dockworkers — long opposed to arms exports — joined the protest.

Euronews

Entrepreneur like a Ukrainian: 100,000 Ukrainian companies have opened in Poland since 2022

Since the outbreak of Russia's full-scale invasion of Ukraine in February 2022, Ukrainians residing in Poland have established more than 13,000 companies and around 90,000 sole proprietorships, according to data from the Polish Economic Institute and Gremi Personal.

Euronews

Mercedes sees profits slump by more than half amid US tariff turmoil

German carmaking powerhouse Mercedes-Benz also issued new predictions for this year’s revenue, indicating that it will be significantly below last year's total.

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