European Union

EU law, which had direct effect in the UK until Brexit, effectively created a conditional residence for EU nationals

The pound held steady on Tuesday, retaining gains overnight after Britain struck a new trade deal with the European Union, which brightened the outlook for the post-Brexit UK economy and signalled improved relations between London and the bloc.

Britain and the European Union were on Monday poised to agree a crucial overhaul of trade rules in Northern Ireland, in a breakthrough aimed at resetting strained relations since Brexit.

An agreement between Britain and the European Union over post-Brexit trade rules in Northern Ireland appears imminent.

British Prime Minister Rishi Sunak will meet European Union chief Ursula von der Leyen on Monday in an effort to finalise a new deal for Northern Ireland's post-Brexit trading arrangements.

A clash between Big Tech and EU telecom firms over who will underwrite network infrastructure is set to dominate discussion at the world's largest conference.

Germany's Scholz in India to press on EU trade deal

The European Commission on Thursday launched a consultation on the future of Europe's telecoms sector, starting a process that could lead to requiring Alphabet's Google, Apple, Meta Platform and Netflix to pay some network costs.

Microsoft President Brad Smith on Tuesday will seek to convince EU antitrust regulators at a closed hearing that the U.S.

Twelve EU countries are calling on the European Union to stop companies and third countries from circumventing EU sanctions on Russia by using trade and access to the European single market as leverage, a document showed on Tuesday.

The European Union said Tuesday that it would increase its investments in Kenya by hundreds of millions of dollars, looking to bolster ties in the face of competition from China.

Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said.

The European Union is urgently exploring ways for its member countries to team up to buy munitions to help Ukraine, following warnings from Kyiv that its forces need more supplies quickly.

Speculation that a long-standing dispute between Britain and the European Union over the Northern Ireland protocol is close to being resolved is a little premature, the leader of the Democratic Unionist Party told Reuters on Wednesday.

Eleven European Union countries urged "great caution" in relaxing the bloc's state aid rules in a bid to support Europe's green industry in a global race, saying that risked damaging competition inside the bloc, a document showed.

The European Parliament on Tuesday gave its final approval to a ban on new sales of carbon-emitting petrol and diesel cars by 2035, with a view to getting them off the continent's roads by mid-century.

Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.

European stock markets rose Monday as investors set aside Asian losses and forecast easing inflation in Britain and the United States, dealers said.

European shares rose on Monday as defence stocks jumped on news of India aiming to triple its defence exports, while a fall in real estate stocks on disappointing quarterly results from Sweden's Castellum countered gains.

EU leaders have agreed tougher rules aimed at making it easier to expel asylum-seekers whose refugee applications are denied, European Commission chief Ursula von der Leyen said Friday.

Since the start of the war, Western governments have stalled on Zelensky's appeals for aircraft.

European leaders jostled for the opportunity to host the Ukrainian leader during his trip.

Europe's fears have deepened in the wake of economic and supply crises sparked by the Covid pandemic and war in Ukraine.

European and Asian stock markets mostly dropped Friday, hit by concerns for the US tech sector after poorly-received earnings.

Ukraine urged the European Union on Thursday to impose more sanctions on Moscow, as some of the bloc's top officials visited Kyiv in a show of solidarity that offered no quick path to membership during Russia's invasion.

The EU will reveal Wednesday plans to counter the threat to European industry from US green energy subsidies and unfair competition from China, with leaked proposals pointing to a controversial expansion of state aid rules.

European Union banking regulators on Tuesday launched a stress test to check how banks could cope with a long period of high inflation and interest rates just as the European Central Bank is expected to raise borrowing costs further.

Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend that was promised for its economy as it lags its peers on multiple fronts, including trade and investment.

The EU will present long-awaited proposals on Wednesday to counter sweeping US subsidies on green tech that threaten Europe's industry, already struggling with soaring energy prices and unfair competition from China.

Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as seven EU countries openly rejected the idea in a letter to the EU executive.