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The Latest Breaking News from European Union

Starmer rules out EU financial services alignment talks

City firms welcome clarity as government signals it will not reopen Brussels-era rules, despite closer cooperation elsewhere

The Guardian - UK

Italy gives key support to fraught EU trade deal with South American nations next to Venezuela

Italy has provided crucial support to plans by the European Union to seal a huge free trade deal with five South American nations

The Independent UK

Global AI Secures Agentic AI Deal in EU Auto Market — Jobs and Data Risks Loom

Agentic artificial intelligence is entering Europe's automotive industry, promising efficiency while raising fears over safety, jobs and control, as new frameworks and contracts accelerate adoption.

International Business Times UK

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EU countries green-light Mercosur trade deal despite France's opposition

A majority of the European Union's 27 members on Friday approved a long-negotiated deal that paves the way for a vast free trade bloc across Europe and Latin America. The Mercosur agreement – the biggest the EU has ever agreed – continues to face fierce opposition from France and a…

Radio France Internationale

EU member states back Mercosur deal, French MEPs vow fight in Parliament

EU member states on Friday gave the green light to the signing of the Mercosur agreement, paving the way for a vast trade bloc taking in more than 700 million people across Europe and Latin America. France, however, plans to continue its fight against the deal in the European Parliament.

Euronews

Podcast: What does Maduro’s capture mean for the EU?

In a timid statement signed by 26 member states, Brussels has called for respect for international law in Venezuela but avoided condemning the US operation. We break in down.

Euronews

EU troops might be needed to stop a US showdown in Greenland

If cooperation or Greenlandic independence fails, a preventive EU troop deployment could avert a US confrontation on the island, German Green MEP Sergey Lagodinsky argues in an opinion article for Euronews.

Euronews

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Le Constellation bar co-owner arrested as Switzerland honours victims of Crans-Montana fire – as it happened

Jacques Moretti was detained on Friday, a national day of mourning, because prosecutors considered him a flight risk

The Guardian - UK

Iran’s Revolutionary Guard control the economy - here's why the currency suffers

In Iran, access to a stable, state-set currency exchange rate is reserved for a privileged few — and economic networks linked to the Revolutionary Guard sit closest to the front of the queue.

Euronews

Analysis: From Venezuela to Greenland, the EU scrambles to find a voice and a plan

Donald Trump's pursuit of an American sphere of influence has left Europeans scrambling to deal with a fast-moving geopolitical shift.

Euronews

Why Spain’s prime minister has broken ranks in Europe – and dared to confront Trump

Outrage at the US, close ties with Venezuela and mounting domestic challenges have prompted Pedro Sánchez to take a stand, says the Spanish journalist Maria Ramirez

The Guardian - UK

Whistle, crackle, banned: Dutch set to outlaw fireworks after more new year chaos

Netherlands expected to join Ireland in prohibiting most consumer fireworks as other EU countries debate crackdown

The Guardian - UK

Ukraine war briefing: Kremlin denounces European troops plan as Kyiv warns of ‘massive Russian attack’

Moscow says any Nato peacekeepers would be considered legitimate targets; US embassy and Kyiv flag ‘potentially significant air attack’. What we know on day 1,416

The Guardian - AU

Cocoa Prices Sharply Higher on Expectations of Commodity Index Buying

March ICE NY cocoa (CCH26 ) on Thursday closed up +162 (+2.74%). March ICE London cocoa #7 (CAH26 ) closed up +109 (+2.56%). Cocoa prices rallied sharply on Thursday to 1-week highs, rebounding from Wednesday's 1-month lows. Expectations of index-related buying of cocoa futures to rebalance commodity indexes propelled cocoa...

Barchart

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Euronews

Paris to vote ‘No’ on Mercosur, risking major diplomatic setback for Macron

French President Emmanuel Macron said Thursday on X that Paris will oppose the Mercosur trade deal in a crucial vote in Brussels on Friday. If a qualified majority of member states back the agreement, as expected, it would mark a major setback for the French leader.

TechRadar

EU antitrust regulators to decide on Google's Wiz acquisition

The European Commission will either approve or reject Google's acquisition of Wiz in February.

Euronews

Belgium open to housing foreign prisoners in other countries, minister says

Belgium’s Migration Minister Anneleen Van Bossuyt is looking at “every possible solution” to increase the number of irregular migrants returned from Belgium, including renting prison space abroad to house foreign prisoners.

Barchart

Cocoa Prices Jump on Expectations of Commodity Index-Related Buying

March ICE NY cocoa (CCH26 ) today is up +122 (+2.06%). March ICE London cocoa #7 (CAH26 ) is up +88 (+2.07%). Cocoa prices rallied sharply today and posted 1-week highs, as they rebounded from Wednesday's 1-month lows. Expectations of index-related buying of cocoa futures to rebalance commodity indexes are...

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Euronews

Belgium urges EU to use aid as bargaining chip to increase migrant returns

Belgium's Migration Minister told Euronews that the country supports plans to make development aid and visa policies conditional on countries taking back migrants returned to them.

Euronews

Outsourcing: These are the EU countries moving the most jobs abroad

Moving jobs abroad saves money but also means losing tens of thousands of domestic positions. Which countries have the highest imbalance?

The Guardian - UK

French president condemns US for ‘turning away from allies’

Emmanuel Macron’s comments come as Germany’s president, Frank-Walter Steinmeier, warns against turning world into ‘robber’s den’

Evening Standard

‘Tomorrow is not the end’, says Harris over vote on EU-Mercosur trade deal

Tanaiste Simon Harris said Ireland had to ‘stand by our word’ on the Mercosur deal.

Euronews

Moldova at the crossroads: tensions with Transnistria ahead of EU membership referendum

In October Moldovans will vote on making EU membership a constitutional goal. A 'yes' vote would put the pro-Western leadership on a collision course with the Russia-leaning breakaway region in the east.

Euronews

Global cooperation has shifted to favour smaller ally groups, says WEF

Large-scale, global cooperation is weakening as trade, finance, and tech links shift toward smaller, interest-based groups of countries, says the World Economic Forum.

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