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The Latest Breaking News from European Union

Battle of the giants: The EU and U.S. are concerned about China’s industrial overcapacity

Long dubbed “the world’s factory,” China is no longer satisfied with exporting only low-end manufacturing products. With its exports of electric vehicles (EVs), solar panels and lithium batteries, China is now in the process of conquering the American and European green markets. This is why the European Union and the…

The Conversation

Price of French butter nearly doubles in a year

The wholesale price of butter in France hit a record high in September, rocketing to €8,180 compared to €4,260 a year earlier, as an epidemic among cows affected production. But first: a new, common digital payment system has been launched in France, Belgium and Germany, backed by 16 major banks.…

France 24

This Week's Grain Market Movers

Looking at the market developments I am watching this week that are likely to have the greatest influence on price.

Barchart

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Lithuania Increases Defense Spending Amid Russia-Ukraine Tensions

Lithuanian Foreign Affairs Minister warns of ongoing Russian threat, advocates for increased defense spending and EU reforms.

Top News

Stellantis Needs A Turnaround. But The Fix Is Far From Clear

Who should be next to lead the European-American conglomerate, and what must they do? Plus, GM educates dealers on EVs.

InsideEVs

Marine Le Pen: French far-right leader stands trial over alleged misuse of EU funds

Far-right National Rally leader is accused of misusing EU parliamentary funds for party purposes

Evening Standard

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Austria election results: Far-right FPO wins, what’s next?

The OVP and the FPO can form a coalition government if Kickl gives up the chancellor position, experts say.

Al Jazeera

Le Pen goes on trial for alleged misuse of EU funds in case that could derail her career

Leader of the far-right National Rally says outside court: ‘We have not violated any political and regulatory rules of the European parliament’

The Independent UK

German Antitrust Watchdog Steps Up Monitoring Of Microsoft

Germany's anti-cartel watchdog said Monday it had placed US tech giant Microsoft under closer surveillance for any possible abuse of its market position.

International Business Times

Victory in Austria is another step in far right’s march across Europe

If FPÖ can take power it will join a growing Moscow-friendly, anti-Brussels, autocratic bloc in the EU

The Guardian - UK

Putin Vows To Reach All 'Goals' In Ukraine As Army Claims New Ground

Russian President Vladimir Putin vowed Monday to achieve all his "goals" in Ukraine and celebrated the second anniversary of annexing four Ukrainian regions, as his army claimed fresh advances in the conflict.

International Business Times

Meta hit with major fine over password storage

Meta didn't encrypt social media passwords, and has been hit by a major fine as a result.

TechRadar

Mark Rutte takes charge of Nato at a perilous moment for Ukraine

But insiders say ‘Trump whisperer’’s years of coalition-building in Netherlands should stand him in good stead

The Guardian - UK

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International Business Times

EU States Plan Friday Vote On Chinese EV Tariffs

EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said on Monday.

Al Jazeera

‘Hugely significant’: Who’s in the race to become UK Conservatives leader?

Four candidates hope to rule over the party trying to recover from historic electoral blow. Who are they?

The Independent UK

Le Pen's future in the balance as French far-right officials go on trial for alleged EU funds misuse

The stakes are high for Marine Le Pen as she and other officials from the French far-right party National Rally go on trial over accusations of embezzling European Union funds

Radio France Internationale

French far-right leader Marine Le Pen on trial for misuse of EU funds

France’s far-right leader Marine Le Pen, her National Rally party, and 26 other individuals go on trial on Monday in Paris over alleged misappropriation of European funds. A guilty verdict could scupper Le Pen's chances of running for president in the 2027.

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The Guardian - UK

UK universities urge government to restart flow of EU students after Brexit

Universities UK ‘holding back’ on requests to restart Erasmus programme, but hopeful amid talks on youth mobility

Evening Standard

Austria's far-right Freedom Party wins general election as European allies celebrate

The party wants to stop granting asylum altogether and build a ‘fortress Austria’ preventing migrants from entering

Radio France Internationale

Cocoa-producing countries call on EU to delay anti-deforestation law

Cocoa-producing countries have asked the European Union for at least two more years to comply with EU regulation intended to ensure that beans imported to Europe do not come from deforested plots. But despite the mounting pressure, the Commission says it remains focused on implementing the regulation.

The Guardian - UK

Far-right Freedom party finishes first in Austrian election, latest results suggest

Party wins 28.8% of votes ahead of centre-right People’s party’s 26.3%, according to near-complete count

Radio France Internationale

Austria far right scores historic win in national vote

Austria's far right topped Sunday's national elections, marking a historic victory by beating the ruling conservatives in the Alpine EU nation.

France 24

Austria's far-right Freedom Party comes out ahead in legislative election

Vote projections showed that Austria’s far-right Freedom Party won national legislative election for the first time on Sunday. The far right has benefited from voters’ anxieties about immigration, inflation, Ukraine and other concerns.

The Guardian - UK

Starmer visit to Brussels could lead to overhaul of Brexit deal

Prime minister hopes to use talks with European Commission president Ursula von der Leyen this week to prepare for a reset in the spring

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