EU targets foreign steel to rescue struggling sector
World 10:18 08/10/2025The EU moved Tuesday to double tariffs on foreign steel -- taking a leaf from U.S. President Donald Trump's book to shield the bloc's struggling industry from a flood of cheap Chinese exports.
EU to halve steel import quotas to preserve domestic industry
World 10:15 08/10/2025BRUSSELS -- The European Commission proposed on Tuesday cutting tariff-free steel import quotas by almost half and a 50-percent duty for excess shipments in a bid to preserve viable steelmaking in the European Union.
EU should scrap ban on new combustion-engine sales: Merz
World 16:49 07/10/2025German Chancellor Friedrich Merz said Monday he wants the EU to scrap its planned 2035 deadline for ending new combustion-engine vehicle sales as his country looks for ways to help its ailing car industry.
EU earmarks $1.1 billion in aid to Spain for Valencia floods recovery
World 11:58 05/10/2025The European Commission on Friday said it had earmarked an aid package of 945 million euros ($1.1 billion) to help Spain's recovery from the deadliest flash floods in Spain's modern history.
EU states agree broad UN emissions target avoiding 'embarrassment'
World 10:04 19/09/2025The EU agreed on a broad emissions-cutting target on Thursday to bring to a UN conference in Brazil, sparing the bloc potential diplomatic embarrassment but risking its reputation as a climate champion.
EU set to miss UN climate deadline amid internal divisions
World 15:40 18/09/2025European Union countries' climate ministers are expected to confirm on Thursday that the bloc will miss a global deadline to set new emissions-cutting targets, owing to divisions among EU governments over its climate plans.
Sweden and Finland urge revision of EU's forestry climate targets
World 12:02 17/09/2025STOCKHOLM -- Sweden and Finland could suffer "dire" economic consequences if they are forced to harvest less forest in order to meet their EU-mandated climate targets, the two countries said this week.
EU carmakers close in on emission goals, but Mercedes lags, says report
World 12:32 08/09/2025All European carmakers except Mercedes-Benz are on track to meet the European Union's 2025-2027 carbon emission targets thanks to an expected surge in sales of new electric vehicles, according to a report published on Monday.
Italy could struggle to meet 2030 green goals, study shows
World 11:21 07/09/2025Italy could fail to meet carbon emission reduction targets agreed at the European Union level due to delays in key green transition areas, including renewable power generation and energy storage systems, a study showed on Saturday.
Google hit with $3.45bn EU antitrust fine over adtech practices
World 14:34 06/09/2025BRUSSELS -- Alphabet's (GOOGL.O) Google was hit with a 2.95-billion-euro ($3.45 billion) European Union antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, a sharp sanction that riled up U.S. President Donald Trump.
EU claims 'sovereign right' to regulate tech after Trump threat
World 11:57 27/08/2025Brussels (Belgium) -- The European Commission Tuesday asserted the "sovereign right" to regulate the activities of tech giants within the bloc and rejected claims by President Donald Trump that its rules unfairly harm U.S. firms.
EU push to protect digital rules holds up trade statement with US, FT reports
World 17:33 17/08/2025The European Union is trying to prevent the United States from targeting the bloc's digital rules as both sides work through the final details of a delayed statement to formalise a trade deal reached last month, the Financial Times reported on Sunday.
