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The Latest Breaking News from European Union

Breaking 3 publishers covering this story in the last 6 hours

Meta is expecting another EU fine

Is the EU really making an example of Meta when it can just soak up the costs?

TechRadar · May 19, 2023

New wave of sanctions will ensure pain for Vladimir Putin, vows Rishi Sunak

Rishi Sunak ‘hopeful and confident that our partner countries will follow’ in taking stand against Russia

Evening Standard · May 19, 2023

What sanctions has the UK put on Russia?

Imports of Russian diamonds and Russian-origin copper, nickel and aluminium to the UK are subject to new sanctions

Evening Standard · May 19, 2023

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Foreign students in Northern Cyprus: False promises and disillusion

In Turkish-controlled Northern Cyprus, education has become the leading economic sector. No less than 23 universities are concentrated in the small self-declared state recognised only by Turkey, which has occupied it since 1974. They attract students from developing countries by offering affordable courses with a "European" stamp of approval. But…

France 24 · May 19, 2023

Opinion: Political Economy — Reverse CFIUS and Investments in China

Under a new paradigm, investors have no choice but to navigate between global investment fundamentals and national policy ambiguities

Caixin Global · May 19, 2023

As world leaders meet, Ukraine urges allies to be bolder on Russia sanctions

Ukraine wants its allies to be bolder in imposing sanctions on Russia, including by targeting banks that provide financial services to serving soldiers, a senior adviser told Reuters.

Reuters · May 19, 2023

Microsoft, Activision and the battle with competition tsars

In a “striking show of leniency by a notoriously tough regulator”, the European Commission has approved Microsoft’s $69bn megadeal with games-maker Activision Blizzard, said DealBook in The New York Times – just weeks after the UK’s competition regulator threw it out.

The Week · May 19, 2023

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Carl Icahn’s activist play plays into the hands of Lina Khan and EU regulators

Every company with acquisition plans in the U.S. and Europe should be concerned about the FTC partnering with EU regulators to sink the Illumina-Grail deal.

Fortune · May 19, 2023

Tory peer confuses Question Time panel as he crunches numbers in bid to defend Union

A TORY peer left the Question Time panel bemused as he tried to crunch the numbers from the 2014 independence referendum and 2016 Brexit vote.

The National (Scotland) · May 19, 2023

Britain says Russia will ‘pay the price’ for Ukraine invasion as fresh wave of sanctions unveiled

The prime minister launched a new wave of sanctions against Vladimir Putin as he warned that Western leaders are ‘not going away’

The Independent UK · May 19, 2023

Tech giants should help pay for 5G, say Europe’s mobile operators

Consumers will have to pay a lot more for 5G and broadband internet if companies like Meta, Apple, and Microsoft don’t contribute

Evening Standard · May 19, 2023

G7 signals long-term Ukraine support to Russia, woos 'Global South'

Ukraine's Volodymyr Zelenskiy on Sunday drew a parallel between the destruction of Bakhmut and the horror of Hiroshima, evoking the symbolism of mass destruction as he wrapped up a surprise appearance at the Group of Seven (G7) summit in Japan.

Reuters · May 19, 2023

EU's Michel calls for 'stable and constructive' cooperation with China

European Council President Charles Michel said on Friday it was in the EU's interest to maintain "stable and constructive" cooperation with China, as the Group of Seven countries met to consider China's "economic coercion" and other concerns.

Reuters · May 19, 2023

G7 leaders discuss China 'economic coercion' threat

Leaders from the Group of Seven wealthy democracies are meeting in Hiroshima, Japan, Friday with Ukrainian President Volodymyr Zelensky expected to join the group in person on Sunday.

France 24 · May 19, 2023

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The Independent UK · May 19, 2023

G7 stance on China complicated by huge stakes in economic ties, cooperation on global issues

Leaders of the Group of Seven advanced economies are generally united in voicing concern about China

The Guardian - UK · May 18, 2023

UK’s £1bn strategy for semiconductor industry lacks ambition, say critics

While the US and EU announce bigger programmes, one British startup says the government’s investment figure is less than the cost of one basic plant

The Guardian - UK · May 18, 2023

‘We’re not going away’: Rishi Sunak arrives at G7 announcing Russia sanctions

Prime minister will use Hiroshima summit to push more neutral countries such as Brazil and India into doing more for Ukraine

StockNews.com · May 18, 2023

STMicroelectronics (STM) Is a Top Chip Stock to Buy

European chipmaker STMicroelectronics (STM) reported better-than-expected first-quarter results, defying the industry headwinds. With the company well-positioned for growth, the stock could be a solid buy now. Let’s discuss some of its key financial trends.

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The Guardian - UK · May 18, 2023

The Guardian view on Northern Ireland’s elections: a pivotal moment

Editorial: This week’s voting could have consequences for power-sharing and for Britain’s attempt to rebuild credibility in Europe

The National (Scotland) · May 18, 2023

MSPs demand UK Government 'acts immediately' on food inflation

It comes after a dedicated food security unit was launched to monitor and mitigate potential crises in Scotland.

Reuters · May 18, 2023

Putin's energy blackmail of Europe has failed, commissioner says

Russian President Vladimir Putin's attempt to blackmail Europe using energy resources has failed, but next year will still be challenging, the European Commissioner for Energy, Kadri Simson, said on Thursday.

The Guardian - UK · May 18, 2023

Party supplies firm founded by the Middletons sold after collapse

Entrepreneur James Sinclair buys Party Pieces for an undisclosed amount after administrators brought in

PC Gamer · May 18, 2023

UK chancellor wags his finger at CMA after Activision acquisition block, urging it to 'understand its wider responsibilities'

Jeremy Hunt's comments come after Microsoft lauded the EU as "more attractive place" to do business than the UK.

The Conversation · May 18, 2023

US laws to promote home-grown industries will hurt African economies

The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and to support other decarbonisation goals.

The Independent UK · May 18, 2023

Car industry woes ‘nothing to do with Brexit’, says business secretary

‘This isn’t to do with Brexit’, says Kemi Badenoch – despite plea by carmarkers to change Brexit deal

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