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The Latest Breaking News from European Union

Shein turns to Hong Kong for flotation as London attempt stalls, reports say

Fast-fashion retailer struggling to gain go-ahead from Chinese regulators for UK listing

The Guardian - UK

We’re criticising GDPR for all the wrong reasons

“Simplify”, “Streamline”, “Scale back”. While EU communiqués often find creative ways to avoid uttering the word “deregulation”, this new European Commission is all about boosting the bloc’s competitiveness by “cutting red tape”. The intention to stimulate the continent’s economy might be laudable, but there is a real risk of throwing…

The Conversation

Zelensky Set To Meet Germany's Merz In Berlin

Ukrainian President Volodymyr Zelensky was due to visit Germany on Wednesday for talks with Chancellor Friedrich Merz, who has pledged muscular backing for Kyiv in its fight against Russia.

International Business Times

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Fund for nature-friendly farming to be slashed in UK spending review

Exclusive: Defra sources say scheme, which pays farmers to protect nature, will be targeted at ‘small farms’

The Guardian - UK

Peter Mandelson criticises ‘fetish’ for scrapping EU rules that work in Britain’s favour

The UK’s ambassador to the US sought to reassure critics of Keir Starmer’s Brexit deal

The Independent UK

US aid cuts leave humanitarian sector in crisis, warns lead aid organisation

US cuts to humanitarian aid created a critical funding gap, threatening the ability of organisations like the Danish Refugee Council to support millions in need. Charlotte Slente, the Council’s Secretary General, warns the global humanitarian and development response is at serious risk.

Euronews

European companies cut costs and scale back investments in China

European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an annual survey released on Wednesday.

Euronews

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European companies cut costs, scale back investments in China as its economy slows

European companies are cutting costs and scaling back investment plans in China as the economy slows and fierce competition drives down prices

The Independent UK

Dieselgate pollution killed 16,000 people in UK, study estimates

Experts decry lack of UK government action and warn a further 6,000 early deaths could occur

The Guardian - UK

New US Senate bill could wreck Russia, but also damage the EU economy

In a bid to isolate Moscow, a new bill in the US Senate threatens to impose 500% tariffs on any country that buys Russian fossil fuels. If implemented as intended, the plan could ravage several EU countries.

Euronews

Germany's DAX hits a new high as Trump expresses optimism on US-EU trade talks

Germany’s DAX hit a fresh record amid easing trade tensions between the US and the EU, with defence and banking stocks leading the gains. Meanwhile, President Donald Trump expressed optimism about the progress of trade talks.

Euronews

Asian shares are mostly higher after S&P 500 rallies 2%

Asian shares have opened mostly higher after President Donald Trump's decision to delay a 50% tariff on goods coming from the European Union sparked a rally on Wall Street

The Independent UK

EV Sales In Europe Keep Surging, With One Exception

Deliveries of gas cars were down over 20%, too, with hybrids taking up a lot of the slack. Diesel is also struggling.

InsideEVs

‘They always say that. We want clarity’: Trump mocks desperate CEOs as his 50+ tariff reversals send markets into meltdown

50 flip-flops and counting.

We Got This Covered

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Kiplinger

Stock Market Today: "Good Trump" Gives Dow 740-Point Boost

Friday's headwind was Tuesday's tailwind, as President Trump's social media posts continue to drag and drive financial markets.

StockNews.com

Investors Remain “Cautiously Optimistic”

The S&P 500 (SPY) has made great advances since the lows of early April. Yet seem to be stuck under resistance at 6,000. What happens next depends on tariff talks. So let’s talk about the latest news on that front.

Barchart

Dollar Climbs and Gold Retreats on Trade Optimism

The dollar index (DXY00 ) Tuesday rose by +0.59%. The dollar moved higher Tuesday after President Trump over the weekend extended the deadline for a 50% tariff on US importers of EU goods by about 5 weeks to July 9 from June 1. The dollar also garnered support from hawkish...

Euronews

NPR sues Trump administration over executive order to cut public media funding

The lawsuit alleges that Trump is acting to contravene the Corporation for Public Broadcasting, a private non-profit corporation set up to distribute federal funding to NPR and PBS, which is intended to insulate the system from political interference.

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news in one place.

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The Independent UK

The US and EU are in a showdown over trade. What does Trump want and what can Europe offer?

European and US officials are wrestling over a trade deal

Euronews

The most anticipated new EVs coming to Europe in 2025

From retro icons to tech-rich trailblazers, these are the electric cars set to make waves - and turn wheels - in the weeks and months ahead.

We Got This Covered

‘Quickly establish meeting dates’: Trump claims EU has given into 50% tariff threats

So, strong-arming tactics still work?

InsideEVs

Tesla Is Getting Absolutely Creamed In Europe

EV sales are up in Europe. Why are Tesla's down by nearly 50%? The company initially blamed the Model Y refresh, but that excuse isn't holding up.

The Independent UK

A look at the candidates running in Poland's presidential runoff election

Poland is set to hold a presidential runoff election in which a right-wing nationalist and a pro-European liberal are running neck-and neck

Evening Standard

Irish Government to draft Bill to ban trade with illegal Israeli settlements

Ireland’s deputy premier Simon Harris received Cabinet approval to draft the law on Tuesday.

The Guardian - UK

Tesla sales slump across Europe amid backlash against Musk

Registrations for new vehicles in April drop to half 2024 figure despite a broader rise in battery electric cars

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