Page 32 - European Union

Ukraine war drives US, EU deal to undercut Russian energy

Germany, Europe's industrial juggernaut, has already started making major efforts to bring that gas in from coastal terminals

European Union agrees on new digital rules to rein in Big Tech dominance

EU officials agreed late Thursday on wording for the bloc's Digital Markets Act, part of a long-awaited overhaul of its digital rulebook

US, European Union announce new partnership to undercut Russian energy

Russian energy is a key source of income and political leverage for Moscow

Ukraine war: US, EU announce new partnership to undercut Russian energy

The US and European Union announced a new partnership to reduce the continent's reliance on Russian energy, the start of a years-long initiative to further isolate Moscow after invasion of Ukraine.

EU leaders to discuss ways to bring energy prices down: Belgium PM

Belgium's PM that European leaders would discuss measures to reduce the impact of high energy prices on consumers as the war in Ukraine was "ruining" the EU's population

New rules for US tech giants to come into force in October: EU's Vestager

Tough new rules targeting US tech giants agreed late on Thursday are expected to come into force in October, EU antitrust chief Margrethe Vestager said

Ukraine war: EU agrees on Russia sanctions so far, but energy divides

The European Union preserved a sense of rarely seen unity through four rounds of unprecedented sanctions against Russia over its invasion of Ukraine

Biden discusses Ukraine war with EU leaders, reiterates transatlantic unity

In a meeting with the EU leaders, US President Joe Biden reiterated commitment towards transatlantic unity in the backdrop of Russia's invasion of Ukraine, according to a White House official

EU reaches agreement on rules to rein in Google, Meta, other tech giants

EU countries and lawmakers have reached an agreement on an unprecedented law to curb the market dominance of the biggest tech companies such as Alphabet's Google, Meta, Amazon and Apple

Putin's demand for payments in ruble can't be met, say EU nations

I don't think anybody in Europe really know how rubles look like, said Slovene Prime Minister Janez Jansa

Oil slides near 2% as European Union fails to boycott Russian crude

Without an EU embargo of Russian oil, Commerzbank analyst Carsten Fritsch said sanctions were unlikely to have a major impact on the oil market

European Union agrees on Russia sanctions so far, but energy divides

Unlike the US, they have so far spared Russian fossil fuels, highlighting the EU's reliance on the country's oil, natural gas and coal to keep homes warm and the wheels of industry turning

EU regulator advises AstraZeneca's Covid drug be cleared

The drug was previously cleared by the US Food and Drug Administration in December for people with serious health problems or allergies who can't get adequate protection from vaccination

Ukraine President's virtual world tour proves a new weapon in Russia war

Badly out-gunned by Russia on land, in the air and at sea, the information war is the one arena in which Ukraine is clearly winning

Ukrainian president Zelenskyy to press Biden, NATO for more support

Brussels was the centre of a flurry of diplomatic activity, with NATO Secretary-General Jens Stoltenberg opening an emergency summit that brings together Biden and other leaders

World shares, oil prices mixed ahead of NATO, G7, EU summit

World shares were mostly lower Thursday following a retreat on Wall Street as leaders prepared to meet in Europe to discuss the Ukraine crisis

EU to suspend green farming rules to enhance global food security

The European Commission is temporarily allowing European Union (EU) farmers to grow crops on fallow land currently designated as "ecological focus areas" to enhance global food security

Sri Lanka reforms its anti-terror law as EU reviews trade scheme

Vote on anti-terror law followed an EU Parliament resolution last year that called for a preferential trade scheme with Sri Lanka to be used as leverage for rights reforms in the South Asian nation

EU wants natural gas storage topped up to curb reliance on Russia

EU leaders have already vowed to wean the bloc off its dependence on Russian energy by 2027, but tangible measures still have to be put in place

Sri Lanka reforms anti-terror law as European Union reviews trade scheme

Sri Lankan lawmakers on Tuesday approved reforms to a harsh anti-terror law that rights groups have long criticized, as the country looks to shore up its trade relations with the European Union