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EU wants broader rules on companies’ market power, focus on tech
The European Commission said on Tuesday that EU regulators want broader rules defining companies' market power, with more weight given to innovation and pointers...
Swedish PM vows firmer stance in search for Turkey’s approval for NATO bid
Sweden's new prime minister vowed on Tuesday a firmer stance on fighting crime and terrorism during a visit to Turkey where he will seek...
ECB to continue raising rates even as economy suffers
The European Central Bank will continue to raise borrowing costs even as the eurozone economy suffers because letting inflation stay high would be even...
EU dims hopes for a price cap to contain soaring gas costs
The European Union’s executive signaled it does not see a price cap on imported natural gas as the best tool to rein in an...
Germany wants new trade talks with US after midterm elections
The German government wants the EU to enter swiftly into renewed trade talks with the U.S. following the midterm elections on Tuesday, a spokesperson...
Facebook parent company Meta planning mass layoffs
Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, US media...
Le Maire says Europe energy independence would cut inflation
French Finance Minister Bruno Le Maire stepped up demands for the European Union to take swift and firm action to respond to U.S. President...
European energy bills hit record despite government support
European households are paying more than ever for their electricity and natural gas, even as governments spend billions to shield consumers from the energy...
Elon Musk fires Twitter employees worldwide
Employees braced for widespread layoffs at Twitter on Friday as new owner Elon Musk overhauls the social platform, according to AP News.
In a letter...
China’s Xi warns Putin not to use nuclear arms in Ukraine
Chinese leader Xi Jinping made his most direct criticism yet of Vladimir Putin’s war on Ukraine on Friday, warning the Russian president not to...