The Latest Breaking News from European Union

European Commission President Ursula von der Leyen has announced a €4.7 billion investment package for South Africa, on her visit to the country for the EU-South Africa summit, with the country's President Ramaphosa welcoming consolidated cooperation.

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -1.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.89%. March E-mini S&P futures (ESH25 ) are down -1.16%, and March E-mini Nasdaq futures...

President Donald Trump's threat to impose a 200 percent tariff on many European Union alcohol imports, amid a spiralling trade war, will hit a market worth $10 billion to EU producers in 2023, according to World Trade Organisation figures.

The U.S. is suddenly looking less bubbly for European wines

The dollar index (DXY00 ) Thursday rose by +0.19%. The dollar rose Thursday on a possible trade war escalation that would boost inflation and keep the Fed's policy restrictive. President Trump threatened to enact a 200% tariff on European wine, champagne, and other alcoholic beverages late Thursday if the EU...

The defence ministers of Europe's five major powers—France, Germany, the United Kingdom, Poland, and Italy—convened in Paris and reached broad consensus on the necessity of strengthening Ukraine's long-term security by enhancing its armed forces. Meanwhile, Germany's Chancellor-elect, Friedrich Merz, is in discussions with MPs regarding a significant increase in defence…

It would make American consumers poorer and hurt American businesses without any promise of benefits.

Food and Drink Federation say businesses are struggling to deal with added ‘complexity and bureaucracy’

Warning comes after EU announced retaliatory tariffs on $28bn of US goods in response to US levies on steel, aluminium.

Irish premier Micheal Martin has called for the EU to adopt a ‘strategic approach’ around US tariffs.

Universities across the U.S. have announced hiring freezes due to the risk of federal funding cuts under President Donald Trump’s administration