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The Latest Breaking News from European Union

Sugar Rallies with Other Soft Commodities on EU Forestation Rules

March NY world sugar #11 (SBH25 ) today is up +0.43 (+2.03%), and December London ICE white sugar #5 (SWZ24 ) is up +8.80 (+1.64%). Sugar prices today are moderately on carryover support from the surge in coffee and cocoa prices after the European Parliament moved to seek further changes...

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Cocoa Prices Jump as EU Deforestation Rules Threaten Supplies

December ICE NY cocoa (CCZ24 ) today is up +481 (+5.89%), and December ICE London cocoa #7 (CAZ24 ) is up +512 (+7.87%). Cocoa prices today are sharply higher, with NY cocoa posting a 7-week high and London cocoa posting a 4-month high. Supply concerns are pushing cocoa prices higher...

Barchart

Coffee Prices Soar as EU Deforestation Regulations Threaten Coffee Supplies

December arabica coffee (KCZ24 ) today is closed up +9.35 (+3.44%), and January ICE robusta coffee (RMF25 ) is up +147 (+3.17%). Coffee prices today added to this week's sharp rally, with arabica posting a 13-year nearest-futures high and robusta posting a 1-month high. Coffee prices surged today on potential...

Barchart

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Wave of strikes brewing as French budget cuts anger unions

French unions across multiple sectors are calling for strikes and protests in the coming weeks, driven by frustration over planned layoffs and budget reforms. The government has proposed €60 billion in cuts and tax hikes to tackle the country's debt.

Radio France Internationale

EU Fines Meta Platforms 0 Million Over Facebook Marketplace Practices

EU fines Meta Platforms €798 million for antitrust violations related to Facebook Marketplace, prompting an appeal from Meta.

Top News

Trump’s US election leaves Ukraine scrambling for EU military assistance

Kyiv is trying to secure as much of the aid promised by Washington and Brussels as possible.

Al Jazeera

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.

International Business Times

NATO and the EU press China to help stop North Korea's support for the war on Ukraine

NATO and the European Union are ramping up pressure on China

The Independent UK

EU fines Meta £660m for competition rule breaches over Facebook Marketplace

The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.

Evening Standard

EU parliament votes to delay and dilute deforestation law

The European Parliament on Thursday approved a one-year delay on implementing the bloc's landmark anti-deforestation rules, while also voting to loosen some requirements of the controversial law.

Radio France Internationale

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The Independent UK

EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices

European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business

The Guardian - UK

Italy’s Albania asylum deal has become a political disaster for Giorgia Meloni

Pact hailed as EU migration breakthrough in tatters after judges rule asylum seekers must be transferred to Italy

The Guardian - UK

Farm income falls in England after extreme weather and subsidy cuts

Defra data shows lower income for most farm types but small boost from payments for nature-friendly schemes

International Business Times

Hotels On Booking.com Can Offer Better Rates Elsewhere: EU

Hotels listed by online travel giant Booking.com in Europe are now free to offer better rates elsewhere, the European Commission said Thursday as new rules on the platform came into force.

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International Business Times

EU Deforestation Ban In Chaos As Parliament Loosens Rules

The European Parliament on Thursday approved a one-year delay on implementing the bloc's sweeping anti-deforestation rules but also voted to loosen some requirements -- raising fresh uncertainty over the landmark law.

The Independent UK

Men earn more than women in egalitarian Norway, report finds. But it's on par with Europe

A Norwegian government report says that men earn an average of 13% more than women in egalitarian Norway

The Independent UK

Police arrest 43 and seize 520 million euros in Europe-wide probe into mafia and tax evasion

Police said they found false invoices by the companies involved amounting to 1.3 billion euros from 2020 to 2023

Fortune

European AI watches Trump's return with a mix of fear and hope

If Trump shuns AI regulation, rules-laden European AI startups may be less competitive.

Radio France Internationale

Marine Le Pen faces prison term and ban from office in fake jobs trial

French prosecutors have demanded that far-right leader Marine Le Pen receive a jail sentence and be banned from public office for five years over charges she embezzled European Parliament funds. Le Pen's defence now has two weeks to present its counter arguments.

The Guardian - UK

Paris prosecutor seeks jail and public office ban for Marine Le Pen

Request in embezzlement trial threatens to undermine National Rally’s efforts to polish image before 2027 polls

The Guardian - UK

Shell’s successful appeal will not end climate lawsuits against firms, say experts

Dutch appeal court ruled in favour of oil and gas company over judgment telling it to limit emissions

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