The euro has climbed above US$1.15 on the back of a softer US dollar, with an expected European Central Bank rate rise in September offering further support through a quiet August.
The European Commission has fined Google a total of EUR 890 million for favouring its own services on Google Search, and for steering consumers towards alternative channels on its own Google Play.
EU Member States have approved United Kingdom participation in the EU’s EUR 90 billion support framework to help cover Ukraine’s most urgent needs in 2026-27 as it continues to fight Russia’s war of aggression.
The Commission has put forward two recommendations to guide EU states on compliance solutions and penalties regimes under the EU Regulation to reduce methane emissions in the energy sector.
The European Commission has unveiled its proposal for the heavily debated reform of the EU Emissions Trading System (ETS) as well as its Electrification Action Plan (EAP).
Google must offer AI competitors equal access to features on Android devices, and third-party search engines must have access to its search data, the EU has stipulated.
The European Commission has signalled its acceptance of social media giant X’s action plan to comply with transparency obligations and researchers’ access to data, under the EU’s internet rules.
