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The Latest Breaking News from European Union

China is no longer the 'undisputed leader' in attracting foreign investment as European companies look elsewhere

The European Chamber of Commerce in China says India, Indonesia and even smaller countries like Malaysia now compete with world's second largest economy.

Fortune

The EU must soon open its doors to new members – its survival depends on it

The days when Viktor Orbán could block negotiations on a whim should be over – and the western Balkans should finally benefit, says Guardian Europe columnist Nathalie Tocci

The Guardian - UK

Spain PM Urges EU To 'Reconsider' China EV Tariffs Plan

Spain's Prime Minister Pedro Sanchez said Wednesday the European Union should "reconsider" a plan to impose tariffs of up to 36 percent on Chinese electric cars, calling for a "compromise" between the economic powerhouses.

International Business Times

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European business confidence in China is at an all-time low, report says

A European business group says China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country

The Independent UK

Only 65% of UK firms have plan to cut emissions to net zero, study shows

Post-Brexit uncertainty partly blamed for low rate with just half of companies surveyed measuring their carbon footprint

The Guardian - UK

Top EU court orders Apple to pay €13 billion in back taxes to Ireland

In a major win for EU regulators, the European Court of Justice has ruled that Apple must pay €13 billion in back taxes to Ireland, dismissing a final appeal by the company against the European Commission's 2016 order. Separately, the court upheld a €2.4 billion fine imposed on Google over…

France 24

Italy says Russia or China could gain influence in Western Balkans if EU dream fails

Italy’s foreign minister has voiced strong support for Western Balkan countries’ European Union accession bids, saying that otherwise the region could swing towards Russia or China

The Independent UK

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After 350,000 signatures in an EU consumer rights campaign, Ubisoft is adding offline modes to The Crew games - but not the now-dead original

"We heard your concerns about access to The Crew games"

GamesRadar

The Guardian view on France’s political crisis: Barnier is not a real fix for Macron’s mess

Editorial: Few are celebrating the appointment of the EU’s Brexit negotiator as the country’s new prime minister

The Guardian - UK

EU may extend deadline for France's budget plan

The European Commission said on Tuesday it was discussing setting a new deadline for France to submit a plan to reduce its public deficit, confirming Paris had requested a postponement.

Radio France Internationale

Germany Extends Border Controls Amid Migration And Security Concerns

Germany extends border controls to all frontiers in response to extremist attacks and migration concerns, impacting EU relations and economic stability.

Top News

Congo Receives 50,000 Doses Of Mpox Vaccine From US

Congo receives 50,000 JYNNEOS vaccine doses from the US and EU to combat monkeypox outbreak. Vaccination campaign to start in high-risk provinces.

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InsideEVs

Cheaper Cars, Referral Programs: EV Makers Are Moving Down Market

Today on Critical Materials: China wants to negotiate tariffs, EV makers are moving downmarket, and EV-to-charger ratio is way off in many states.

Barchart

1 EV Stock With 48% Upside Potential

NIO's strategic European expansions and innovative model launches stabilize its finances and prime it for market dominance, backed by positive analyst forecasts.

The Independent UK

EU vows retaliation if Hungary sends buses of migrants to Brussels

The European Union says Hungary’s threat to send a bus convoy of migrants to Brussels in protest against the bloc's policies is unacceptable and will be met with a retaliatory response should it go ahead

The Independent UK

First doses of mpox vaccine from the United States arrive in Congo

Authorities in Congo say 50,000 doses of the mpox vaccine from the United States have arrived in the country

International Business Times

Teresa Ribera, The Spanish Climate Expert Tipped To Become EU Commissioner

Spain's ecological transition minister Teresa Ribera, who is poised to become a European Union commissioner, is a longtime environmentalist known for her negotiating skills and climate expertise.

International Business Times

Francine Strengthens As It Takes Aim At US Gulf Coast

Residents along the U.S. Gulf Coast are bracing for Tropical Storm Francine, which is strengthening toward hurricane status as it travels north to a likely Wednesday landfall.

International Business Times

Europe's Fight With Big Tech Over Tax, Data And Disinformation

The European Union scored two major legal victories on Tuesday in separate cases that left Apple and Google owing billions of euros.

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