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The Latest Breaking News from European Commission

New EU Sanctions to Hit Russian Oil, Target More Banks

The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting Moscow's oil industry, more Russian banks and those responsible for disinformation, the EU's top diplomat said on Tuesday. "We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation…

Asharq Al-Awsat

The Daily Biotech Pulse: FDA's AdComm For Acadia's Pimavanserin, Review Issues For Spero's Tebipenem Application, Cortexyme Layoffs

Here's a roundup of top developments in the biotech space over the last 24 hours.

Benzinga

Ryanair denies boarding to 15-year-old whose passport is valid for Spain flight

Exclusive: Zak Schoneville and his family have now flown to Tenerife with Jet2

The Independent UK

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Here's How PayPal Helped Trigger EU Antitrust Allegations Against Apple

PayPal Holdings, Inc (NASDAQ:PYPL) helped provoke a formal antitrust complaint against Apple Inc (NASDAQ:AAPL) and its iPhone payments system by raising concerns with the European Commission, Bloomberg reports. Tap-to-pay services rely on near-field communications. Apple allegedly only lets its payment system use the iPhone's NFC chip. Apple's act hampered PayPal, Block, Inc's (NYSE:SQ) Cash App, Samsung Electronics Co, Ltd (OTC:SSNLF),…

Benzinga

Russia sanctions: Mercedes-Benz and L’Oreal join firms severing ties over Ukraine invasion - see full list

Banks, businesses, oligarchs, politicians and military leaders all targeted with harsh economic penalties by Western democracies as punishment for Vladimir Putin’s actions

The Independent UK

EU drafts proposal to phase in a ban on Russian oil – as it happened

This blog has now closed. You can find our latest coverage of the Russia-Ukraine war in our new live blog

The Guardian - UK

Europe prepares fresh Russia sanctions as US warns Moscow plans to annex parts of east Ukraine

European Commission expected to propose sixth package of sanctions this week as hopes rise of more Mariupol evacuations

The Guardian - AU

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Scores of civilians reach safety as Russia renews assault on Mariupol plant

Ukraine say Russian forces have launched a "powerful assault" on the Azovstal steel plant in Mariupol, where more than 200 civilians are still holed up with Ukrainian fighters, according to the city's mayor. Humanitarian workers say around 100 civilians have successfully been evacuated from the plant and are now in…

France 24

Electricity prices in Ireland among highest in EU as Irish consumers pay 26% more than average

Average electricity prices for households in the Republic were up almost 14% compared to 2020

Irish Mirror

Horizon Therapeutics' Inebilizumab Scores European Approval For Spinal Cord Inflammation

The European Commission has approved Horizon Therapeutics plc's (NASDAQ:HZNP) Uplizna (inebilizumab) as monotherapy for neuromyelitis optica spectrum disorder (NMOSD) who are anti-aquaporin-4 immunoglobulin G seropositive (AQP4-IgG+). NMOSD is an autoimmune disease that attacks the optic nerve, spinal cord, brain, and brain stem. In the N-MOmentum pivotal clinical trial, Uplizna demonstrated a significant reduction…

Benzinga

EU claims Apple breaking competition law over contactless payments

Company accused of abusing market position to limit rivals’ access to technology required for tap-and-go transactions

The Guardian - UK

European Union Moves Forward in Antitrust Case against Apple

The European Union said Monday it believes Apple abused its dominant position by limiting access to rivals to its mobile payment system Apple Pay. The European Commission, the 27-nation bloc's executive arm, has been investigating the technology company since 2020, The Associated Press said. The commission’s preliminary view is that…

Asharq Al-Awsat

Google Urges Court to Scrap $1.6 bln EU Antitrust Fine

Alphabet unit Google on Monday urged Europe's second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago for hindering rivals in online search advertising. The case is one of three that has resulted in a total of 8.25 billion euros in European Union…

Asharq Al-Awsat

EU Energy Ministers Meet to Discuss Russian Gas, Sanctions

European Union energy ministers will meet Monday to discuss Russia’s decision to cut gas supplies to Bulgaria and Poland, and debate planned new sanctions over Moscow’s war on Ukraine. The 27 nation-bloc has imposed five rounds of sanctions on Russian officials, oligarchs, banks, companies and other organizations since Russian troops…

Asharq Al-Awsat

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Reuters

EU may offer Hungary, Slovakia exemptions from Russian oil embargo

The European Commission may spare Hungary and Slovakia from an embargo on buying Russian oil, now under preparation, wary of how dependent the two countries are on Russian crude, two EU officials said on Monday.

France 24

Civilians attempt evacuation from Ukraine’s besieged Mariupol

Ukrainian authorities attempted further evacuations from Mariupol on Monday, following an initial operation to remove around 100 civilians from the besieged Azovstal steel plant. Meanwhile, in Brussels, EU energy ministers held emergency talks as the bloc considers a phasing out of Russian oil imports. Read about the day’s events as…

Reuters

EU leans towards Russian oil ban by year-end, diplomats say

The European Union is leaning toward a ban on imports of Russian oil by the end of the year, two EU diplomats said, after talks between the European Commission and EU member states this weekend.

The Guardian - UK

Head of EU border agency Frontex resigns amid criticisms

Fabrice Leggeri under fire over agency’s human rights record and anti-fraud investigation

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Reuters

EU's Von der Leyen, Michel may visit Japan next month, Kyodo says

Arrangements are being made for a visit to Japan in May by European Commission President Ursula von der Leyen and European Council President Charles Michel, Kyodo news agency said on Friday, citing multiple diplomatic sources.

The Independent UK

When do I need to renew my passport for travel to Europe?

Seeing headlines about passports expiring after Brexit? Here are the rules as stated by the European Union, not the UK government nor the airlines

Reuters

Europe struggles for clarity on Russia's roubles-for-gas scheme

The European Commission on Thursday warned buyers of Russian gas they could breach sanctions if they converted gas payments into roubles, as officials struggled to clarify the EU's stance on Moscow's payments scheme, which has sowed confusion in the bloc.

The Guardian - UK

German and Austrian energy firms seek to meet Putin’s terms for gas payments

Uniper and OMV to open rouble accounts with Gazprombank after Russia refuses dollars or euros

Asharq Al-Awsat

EU to Issue Final Decision on Financial Aid Disbursement to PA ‘Soon’

Palestinian officials hope the European Union will soon issue a decision to disburse assistance to Palestine and overcome an objection by Hungary, which has conditioned the funding to education sector reforms. Advisor to the Prime Minister for Planning and Aid Coordination Estephan Salameh said an EU commission meeting will soon…

Reuters

Hungary says 'no obstacles' to signing agreement on EU recovery funds

Hungary sees no obstacles to signing an agreement with Brussels about the release of EU recovery funds to Hungary, Prime Minister Viktor Orban's chief of staff said on Thursday.

Al Jazeera

Germany’s Uniper to pay for Russian gas via Russia bank account

This offers some countries a loophole to keep buying Russian gas against Western currencies.

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