European Union

EU reaches tentative deal to set 90% emissions cut goal for 2040

The bloc already has two binding targets: net zero emissions in 2050 and a 55% cut by 2030 from 1990 levels

The EU's trade imbalance with China widened to 1:4 in container terms, compared with 1:2.7 in 2019, the lobby group said in a report.

EU firms in China accelerating supply chain diversification, report finds

One in three member companies looking to shift sourcing away from China

EU summits chairman Antonio Costa told reporters in Dublin he would keep EU leaders talking for days, if necessary, until they reach an agreement.

EU close to deal on Russian assets, summit to go on until agreement: Costa 

[DUBLIN] The European Union is very close to a solution to finance Ukraine in 2026 and 2027 that would have the support of at least a qualified majority of EU countries, the chairman of EU summits, An...

The EU has also dropped a clause for companies to adopt climate transition plans under a corporate sustainability directive.

EU strikes deal to further weaken corporate sustainability laws

The push to weaken the laws has dismayed environmental campaigners, some investors and governments

The EU is concerned Google may have used content from web publishers to generate AI-powered services on its search results pages without appropriate compensation.

EU launches antitrust probe into Google's use of online content for AI purposes

It wants to know whether Google is distorting competition by imposing unfair terms and conditions on publishers and content creators

There is no good substitute for American leadership in global trade but until the US again decides that liberal trade serves its interests, others are left to make the best of it.

How the EU and CPTPP can preserve global trade

Like-minded, pro-trade governments can launch what can serve as a supplement to the WTO to show that rule-based trade promotes growth and prosperity

EU said X’s modest fine was proportionate and calculated based on the nature of the infringements.

X hit with 120 million euros EU fine for breaching content rules, TikTok settles

Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration

France’s President Emmanuel Macron (left) and China’s President Xi Jinping (right) shake hands after a joint press conference at the Great Hall of the People in Beijing on Dec 4.

Macron urges Xi to step up efforts on Ukraine, rebalancing global trade

A large business delegation is accompanying Macron on his fourth state visit to China

Shein has faced fierce political pushback since it opened its first physical store at the BHV Marais in central Paris.

Shein faces EU pressure to curb sales of sex dolls and weapons

France is also pushing the European Union to increase customs duties on small packages two years earlier than planned

European Commission vice-president Kaja Kallas will hold a high-level event on the sidelines of the Fourth EU-Indo-Pacific Ministerial Forum on the protection of critical maritime infrastructure.

Europe and the Indo-Pacific: Partners for a resilient future

Both regions need to work together for their stability, prosperity and sustainability