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The Latest Breaking News from European Union

S&P Futures Tick Higher Ahead of FOMC Meeting Minutes

December S&P 500 E-Mini futures (ESZ25) are trending up +0.15% this morning, signaling a partial rebound from yesterday’s losses, while investors await the Federal Reserve’s September meeting minutes and remarks from central bank officials.

Barchart

European Commission eyes ramping up AI to keep up with US and China

The European Commission has urged 10 key sectors to adopt AI tools to boost competitiveness, with €1 billion in funding and the introduction of new AI-powered initiatives.

Euronews

EU chief says Russia is waging a 'gray zone campaign' and Europe must meet the challenge

The European Union's top official warns that Russia is conducting a "targeted gray zone campaign" against Europe

The Independent UK

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EU's 50% Steel Tariff Sparks Trade Tensions with UK — Industry Fears Deep Losses

The UK steel industry warns of deep losses after the EU announces a 50% tariff on steel imports, cutting British access to its £3bn export market and sparking new post-Brexit trade tensions.

International Business Times UK

Vegan sausage rolls face rebrand in Northern Ireland due to Brexit deal

Unionist politicians in Northern Ireland complain the ruling will be forced on them despite its assembly never backing the order

The Independent UK

Finland is using drones and AI to tackle congestion. Is it safe?

The drones track cars, trams, bicycles, electric scooters, and pedestrians. Eventually, the data gathered from the drones will feed information on congestion formation and traffic flow into the AI to create simulations.

Euronews

Denmark becomes latest European country to push social media ban for under-15s

The Danish prime minister did not specify which social media platforms would be subject to the proposed ban.

Euronews

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Outgoing French PM says ‘there is desire’ to agree budget and talks down prospect of snap election – as it happened

Sébastien Lecornu speaks at the Matignon Palace and expresses optimism that parliament will not need to be dissolved

The Guardian - UK

UK fears heavy losses as Europe moves to shield steel industry

The European Union has unveiled its toughest plan yet to defend its steel industry, halving the volume of foreign steel that can enter the bloc without tariffs and doubling the duties on imports. The move has alarmed the United Kingdom, which sells most of its steel to the EU.

Radio France Internationale

Costa Rica prioritises Indo-Pacific trade over EU-Mercosur, says trade minister

Costa Rica sees the Indo-Pacific area as a priority over other regional trade deals, such as EU-Mercosur. An Indo-Pacific trade group, the CPTPP, could become the largest trading bloc in terms of GDP if new members — such as the EU — join.

Euronews

Child Protection Vs Privacy: Decision Time For EU

Does protecting children justify snooping on private messages? "This is about protecting our children against a terrible crime, a crime that happens more and more online."

International Business Times

Flight delayed this summer? New report shows European air traffic lagging behind punctuality targets

Summer flight delays in Europe are still occurring above optimal levels, new report finds.

Euronews

Solar energy named the world’s cheapest power source: What it means for Europe

Solar energy is now so cheap it costs as little as €0.023 to produce one unit of power, a new study has found.

Euronews

UK plastic waste exports to developing countries rose 84% in a year, data shows

Campaigners say increase in exports mostly to Malaysia and Indonesia is ‘unethical and irresponsible waste imperialism’

The Guardian - UK

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Euronews

I'm the clearest defender of Israel in Brussels, Germany's Foreign Minister Johann Wadephul says

On the second anniversary of the Hamas-led attacks on Israel, Johann Wadephul praised himself of being "the one who always stands most clearly on Israel's side" when he is surrounded by his EU counterparts in Brussels.

Euronews

France's woes not yet ringing alarm bells across EU but worries keep rising

France is the EU's second-largest economy and concerns are growing that a prolonged deadlock could negatively impact the eurozone's economy.

The Guardian - UK

Unity is desperately needed, but the EU prefers turf wars to facing down Russia

Failure to agree a common defence strategy risks emboldening Vladimir Putin. The squabbles have to stop, says Paul Taylor of the European Policy Centre

The Independent UK

Starmer rules out more UK visas for highly skilled Indian workers ahead of talks with Modi in Mumbai

India reportedly pushed for far more visa access to the UK when the two countries were finalising a trade deal earlier this year

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The Guardian - UK

Brexit has done nothing to stem sharp decline of UK fish populations, shows study

Experts call for urgent strategy to end overfishing as report shows just 41% of stocks of species such as cod and mackerel considered healthy

The Independent UK

So Grinchy! Stores’ holiday discounts expected to be smaller than normal thanks to Trump’s tariffs

Americans stockpiling amidst looming tariffs has prevented discounts from growing any bigger

The Independent UK

British steel facing ‘existential threat’ after EU hikes tariffs

Keir Starmer said he is in talks with both the US and EU about the tariffs, which industry figures say is ‘the biggest crisis the UK steel industry has ever faced’

Evening Standard

Government ‘in discussions’ with EU over steel tariff hike – Starmer

The European Commission is effectively planning to match the levy Donald Trump imposed on the EU.

Evening Standard

UK steel manufacturers face ‘existential threat’ from EU tariff hikes

The European Commission plans to double tariffs on steel to 50% and reduce tariff-free import volumes.

Euronews

European Parliament rejects Hungary's request to lift MEP Magyar, Salis and Dobrev's immunities

PM Viktor Orbán's main political challenger Péter Magyar and former activist Ilaria Salis will not face Hungarian prosecutors, as the European Parliament expressed concerns about the independence of Hungarian justice. MEP Klára Dobrev's immunity was also upheld.

Euronews

European Commission wields protectionist powers to shield EU steel

EU tariffs on steel imports will be doubled to 50% beyond a reduced quota, compared to the volumes currently entering duty-free.

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