The Latest Breaking News from European Union

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to buy up to 29.9 percent of Commerzbank, opening the door to a possible takeover of its German rival.

Belgian authorities announce arrests of several people in connection with alleged bribery within the parliament.

Judge says it is a ‘lie’ that employees at federal agencies had performance issues; Trump mulls EU alcohol tariff – key US politics stories from Thursday at a glance

Key US stock index slides into correction territory as president’s trade wars cause Wall Street volatility

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -1.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.89%. March E-mini S&P futures (ESH25 ) are down -1.16%, and March E-mini Nasdaq futures...

The authorities in Belgium have intensified their crackdown on corruption within European institutions, launching a series of raids in connection with political misconduct and lobbying groups.

European Commission President Ursula von der Leyen has announced a €4.7 billion investment package for South Africa, on her visit to the country for the EU-South Africa summit, with the country's President Ramaphosa welcoming consolidated cooperation.

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -1.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.89%. March E-mini S&P futures (ESH25 ) are down -1.16%, and March E-mini Nasdaq futures...

President Donald Trump's threat to impose a 200 percent tariff on many European Union alcohol imports, amid a spiralling trade war, will hit a market worth $10 billion to EU producers in 2023, according to World Trade Organisation figures.

The U.S. is suddenly looking less bubbly for European wines

The dollar index (DXY00 ) Thursday rose by +0.19%. The dollar rose Thursday on a possible trade war escalation that would boost inflation and keep the Fed's policy restrictive. President Trump threatened to enact a 200% tariff on European wine, champagne, and other alcoholic beverages late Thursday if the EU...