Lyon-Turin railway clashes cause €1 million in damage
Clashes over the Lyon-Turin railway line resulted in one million euros in damage, with Prime Minister Meloni condemning the violence and highlighting injuries among…
Economy
Latest reporting and analysis on economy.
France and Germany seek joint line on EU car rules and European content
Paris and Berlin have promised a common position on the bloc's automotive package and its "Made in Europe" requirements by the end of summer.
Energy prices tumble across Europe as US and Iran pause strikes
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ECB puts new euro banknote designs to a public vote
Europeans have until September 21 to give their views on ten shortlisted proposals, though the final choice rests with the bank's Governing Council.
US House votes to end Iran war as oil price tops hundred dollars
Four Republicans joined Democrats to rebuke President Donald Trump, though a binding measure failed in the Senate hours later.
China’s Geely to build electric SUVs at Ford’s struggling Spanish plant
The Valencia factory currently produces only the Kuga and has been operating well below its full capacity, making the partnership important for its long-term future.
EU states win power to confiscate and sell Russian oil cargoes
The measure closes a legal gap that has forced European authorities to release every detained shadow-fleet tanker with its crude still on board.
ECB leaves rates on hold as renewed Iran war clouds inflation outlook
Christine Lagarde said the full inflationary impact of the energy shock had yet to play out.
EU fines Google €890 million, risking US fury
The EU has fined Google €890 million for violating competition laws by favoring its services over rivals, a decision that could worsen US-EU relations.
Cleaner air may be driving Europe’s increasingly intense heatwaves
Researchers found that the reduction in European sulphate emissions altered temperature patterns between different parts of the Northern Hemisphere.
Porsche to cut up to 6,000 jobs amid deepening crisis
In previous years these bonuses and special payments could reach several thousand euros when the company was performing strongly.
Trump approves landmark nuclear deal with Saudi Arabia
The agreement is expected to be submitted to Congress for review and could be worth tens of billions of dollars for the US nuclear industry.
Norway’s national oil company’s profits double amid war on Iran
The company reported adjusted earnings before tax of $11.48 billion (€10.06 billion) for the three months to the end of June.
Telefónica cuts one in six jobs at its German mobile operator
The O2 owner has set aside hundreds of millions of euros to shrink its workforce and retail network before the end of the year.
‘VPNs are lawful technical tools,’ says EU Court in landmark Anne Frank copyright ruling
The decision is notable because VPNs have increasingly come under political and regulatory pressure in Europe.
European Commission sets up expert group on AI
The bloc's renewed social agenda also promises a law on quality jobs before the end of the year, though the EU remains far short of its 2030 poverty and training…
Macron blocks environment minister’s exit over pesticide law
Barbut announced this morning that she would resign after accusing the government of reneging on commitments to oppose provisions allowing the possible return of…
Rogue OpenAI AI models escaped sandbox and hacked other company during security test
The company said it had recorded more than 17,000 attacker events during its investigation.
Spain backs Hernández de Cos in first bid for ECB presidency
Madrid has never held the eurozone's top monetary post and is moving early as speculation grows over Christine Lagarde's departure.
Germany turns to Azerbaijan for more gas as Merz signs strategic partnership
Ilham Aliyev has blamed European banks' retreat from fossil fuel lending for limiting how much extra gas Baku can send west.
Sweden blocks 11 offshore wind farms, approves two
Ministers also greenlit one large onshore wind project, aiming to balance electricity needs with military priorities in strategically sensitive waters.
European Commission fines AliExpress over illegal and unsafe goods
The Chinese platform must submit a plan to fix its systems by October or face a heavier penalty.
European Commission slows carbon cuts and extends free permits for industry
Heavy industry would keep free pollution permits until 2038 under the biggest overhaul of the European Union carbon market since it began in 2005.
‘Made in EU’ password manager shares codebase with Russian State-certified firm
The product originated in Arkhangelsk, northwest Russia, in June 2014, founded by Russians Ilya Garakh and Andrey Pyankov.
Ten EU members demand looser carbon market rules as Commission prepares to give ground
Italy and Poland lead a group with just enough weight to block the reform in the Council of the European Union.
EU orders Google to share search data and open Android to AI rivals
The Commission said the changes are intended to curb Google's market power and ensure fair competition in Europe's digital economy.
Premium
Poland starts construction of deepwater Baltic port to rival Hamburg
The dual-use terminal will be able to handle large ocean-going vessels and is intended to enhance Poland's logistics infrastructure.
Uber launches takeover bid for Germany’s Delivery Hero
Uber's cash offer values the Berlin group at $14.8 billion, with Glovo and 13 other markets carved out to a New York investment firm.
US Treasury unveils dollar coin bearing Trump’s image
The gold-coloured piece marks 250 years of American independence and is expected to reach collectors in the autumn.
Brussels accepts X compliance plan after EU board calls it inadequate
Musk's platform has six months to rebuild its advertising archive and open its data to researchers, while it fights the underlying fine in the EU courts.