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The Latest Breaking News from European Commission

‘Nothing is decided’: EU energy ministers clash over price cap on Russian gas

Countries that import large volumes fear Kremlin would respond by halting all gas flows, plunging them into recession

The Guardian - UK

Rebuilding Ukraine after Russian invasion may cost $350 billion, experts say

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.

Reuters

UN: Evidence of Russia Taking Ukrainian Children

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…

Asharq Al-Awsat

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read the most diverse news in one place.

Important Biotech Catalysts For September 7, 2022 - End Of The Day Summary

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…

Benzinga

EU proposes Russian gas price cap, windfall tax

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…

France 24

EU plans to cap Russian gas price as Putin issues warning

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

Al Jazeera

European regulators move to block Illumina's $7.1 billion acquisition of Grail

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.

Tribune News Service

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EU wants price cap on Russian gas, energy companies to pay

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

The Independent UK

EU proposes raising targets for children in nurseries, kindergartens

The European Commission on Wednesday proposed raising non-binding targets for early childhood education and guaranteeing affordable long-term care services in a bid to support the sector and improve women's participation in the labour market.

Reuters

EU to propose price cap on Russian gas, von der Leyen says

The European Commission will propose a price cap on Russian gas, alongside measures including a mandatory EU cut in electricity use and a ceiling on the revenue of non-gas power generators, the bloc's chief said on Wednesday.

Reuters

Top Financial Stories Tuesday, September 6: Focus on iPhone 14 Event, OPEC+ Plans Mild Production Cut, Netflix Says No To Crypto Ads And More…

Reuters EQT Corp Close To Buying THQ Appalachia

Benzinga

Commissioner: EU to unveil new responses to energy crisis

The European commissioner for energy says the EU's next steps for addressing the continent’s worsening energy crisis following Russia’s invasion of Ukraine are expected to be unveiled next week

The Independent UK

World leaders react to Liz Truss’s appointment as Prime Minister of the UK

Keir Starmer and Nicola Sturgeon congratulated Truss but urged the new Tory leader to address the cost-of-living crisis

Evening Standard

Hungary to set up anti-corruption body in bid to unlock EU funds

Hungary will create an anti-corruption authority and a working group involving non-government organisations to oversee the spending of European Union funds, the government said in a decree in its official gazette late on Monday.

Reuters

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Evening Standard

Emmanuel Macron calls for ‘strengthened co-operation’ between UK and France

The French president gave his comments following Liz Truss’s selection as the new UK prime minister.

The Independent UK

Macron calls for ‘strengthened co-operation’ between UK and France

The French president gave his comments following Liz Truss’s selection as the new UK prime minister.

Irish Mirror

Irish celebs among 11,000 citizens on official EU petition seeking to end testing on animals

The petition aims to close loopholes in EU laws which continue to permit the testing of cosmetics on animals and their use in a range of other experiments

The Conversation

UK energy crisis: why rationing is likely to happen this winter, whether Liz Truss likes it or not

In the 1970s, the UK government used a series of planned blackouts to manage energy shortages. The result was a three-day week for commercial use of electricity, with work and leisure often happening by torch or candlelight. Without widespread demand reduction to tackle the impact of high gas prices, European…

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news in one place.

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The Independent UK

‘We face many challenges together’ – world leaders react to Liz Truss victory

Leaders from Europe to Australia have sent their congratulations to Boris Johnson’s successor.

The Independent UK

EU wants ‘constructive’ relationship with Truss to resolve NI Protocol stand-off

The impasse over the post-Brexit arrangements governing trade in Northern Ireland is one of the big-ticket issues in the new PM’s in-tray.

Asharq Al-Awsat

Zelenskiy Discusses Urgent Aid with EU Chief

Ukrainian President Volodymyr Zelenskiy said on Sunday he had called on the EU to urgently allocate its next round of aid to Ukraine and pressed for a new wave of sanctions on Russia in a phone call with European Commission chief Ursula von der Leyen. "Discussed the allocation of the…

Reuters

Zelenskiy discusses urgent aid, Russia sanctions with EU chief

The Guardian - AU

Zaporizhzhia plant again loses last main power line; public bids farewell to Gorbachev at funeral – as it happened

Nuclear energy facility now linked to grid with a reserve line; former leader buried without state honours

The Independent UK

Maros Sefcovic: Protocol Bill is damaging trust and respect with EU

The Government is proceeding with a Bill to give ministers the power to scrap the checks on Irish Sea trade.

The Guardian - UK

EU warns next PM unilateral action on Brexit deal is of ‘great concern’

European Commission vice-president, Maroš Šefčovič, says it is ‘legally and politically inconceivable’

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