European Union
The European Commission has recently issued a regulation that amends the conditions of use and labelling requirements of Calanus finmarchicus oil, a novel food authorized in the European Union. The regulation was issued on July 28, 2025, and aims to update the Union list of Calanus finmarchicus oil to reflect
European Union
Keir Starmer's Labour party is in disarray, threatened by a new splinter party from the left and struggling with faltering economic growth, high inflation, and rising unemployment. Meanwhile, Starmer's pledge to end the influx of people being trafficked across the Channel is on track to see
European Union
The UK government has announced plans to align car safety regulations with EU laws, which includes fitting new cars with breathalyser technology and black box-style recorders. The move aims to break down trade barriers with the EU and drive down costs for consumers. Labour has supported the plan, citing the
European Union
The recent trade agreement between the European Union (EU) and the United States has been welcomed by the European automobile industry as a significant step towards resolving long-standing trade tensions. The agreement, reached after years of disputes over tariffs on steel and aluminum, commits both sides to stronger cooperation and
European Union
The trade deal between the U.S. and the European Union is set to impose a 15% tariff on U.S.-bound imports of branded drugs from Europe, potentially costing the industry between $13 billion and $19 billion. This development threatens to drive up prices and limit access to essential
European Union
Nayara Energy, an Indian oil refining and marketing firm with a significant stake from Russian investment, has taken legal action against Microsoft, citing the company's abrupt and unilateral suspension of critical services without prior notice. This incident has sparked concerns about the potential impact on India's
European Union
France's Prime Minister described the agreement on U.S. tariff levels for most European exports as a "dark day" for the European Union, a "submission" to U.S. tariff demands. The EU Commission chief, Ursula von der Leyen, echoed President Donald Trump's
European Union
The unlikely setting of a golf club in Scotland's countryside saw President Donald Trump and European Commission President Ursula von der Leyen announce what they billed as a breakthrough in transatlantic trade. However, this agreement, which touches on tariffs, energy cooperation, and defense procurement, was presented as a
European Union
The European Investment Bank (EIB) has signed two €25 million loans with Iberdrola to finance the reconstruction and modernization of the power distribution grid affected by devastating floods in Valencia in October 2024. The project, part of Iberdrola's il.lumina initiative, aims to improve electricity supply security, benefit
European Union
The European Investment Bank (EIB) has signed two EUR25 million loans with Iberdrola to finance the reconstruction and climate-proofing of the power distribution grid affected by devastating floods in Valencia in October 2024. The financing will back investments from Iberdrola's il.lumina project, which aims to build a
European Union
Portugal is taking a significant step towards modernizing its transportation infrastructure as it signs a 30-year concession contract for the construction and maintenance of the Porto-Oia section of the Lisbon-Porto high-speed railway. The European Investment Bank (EIB) has approved a EUR3 billion financing package to support the construction of this
European Union
Ukraine is taking significant diplomatic steps to influence Hungary's stance on blocking its European integration, with Ambassador Fedir Shandor affirming that Budapest's position could change. The ambassador highlighted Ukraine's commitments to good neighborliness, permanent dialogue, and searching for new cooperation formats. Despite Hungarian Prime
