Eu Plan
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The EU plans to fast-track some financial aid to Egypt. The usual funding safeguards will not apply
The European Union aims to fast-track up to $1.1 billion in financial aid to Egypt, using a funding procedure that bypasses parliamentary oversight and other safeguardsABC News - World -
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The EU pursues make-believe in Bosnia
Propping up an ethnically based political system is no way to prepare the former Yugoslav republic for entry to the blocFinancial Times - World - European Union -
The EU’s giant experiment in tech micromanagement
New Digital Markets Act will be a test case for how far regulators can dictate design of products and servicesFinancial Times - Business -
Apple, Meta and Google to be investigated by the EU
If they are found to have broken the rules, the firms could be fined up to 10% of their annual turnover.BBC News - Top stories - Google -
EU trade policy serves Ukraine an unappetising menu
Restrictions on food imports foreshadow tricky time for Kyiv negotiating entry to blocFinancial Times - World - Ukraine -
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How EU deforestation laws are reordering the world of coffee
New European Union rules aimed at protecting dwindling forests are reordering how the world gets its coffeeABC News - World - European Union -
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What Bulgaria’s government collapse means for the rest of the EU
Also in this newsletter: Mark Rutte goes to ChinaFinancial Times - World -
EU to provide €165mn for Tunisian security forces to curb migration
Funding comes as bloc faces political pressure to cut arrival numbersFinancial Times - Business - European Union -
Why the ban on using EU funds for arms could become more flexible
Also in this newsletter: Finland’s PM on the threat from Russian migrationFinancial Times - World -
Apple, Meta, Google Probed by EU Under New Law
The investigations add to regulatory headaches for U.S. tech companies under growing scrutiny worldwide.The Wall Street Journal - World -
Lufthansa's Stake Acquisition in ITA Airways Could Stifle Competition, EU Says
The European Union said Deutsche Lufthansa’s acquisition of a minority stake in ITA Airways, the Italian carrier formerly known as Alitalia, could hinder competition for certain routes in and out of Italy.The Wall Street Journal - World - European Union -
Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
Lufthansa's Stake Acquisition in ITA Airways Could Stifle Competition, EU Says
The EU said Deutsche Lufthansa’s acquisition of a minority stake in ITA Airways could hinder competition for certain routes in and out of Italy.The Wall Street Journal - Business - European Union -
EU nature restoration laws face collapse as member states withdraw support
Brussels vote cancelled after it became clear law would not pass final stage with majority vote. The EU’s nature restoration laws appear on the verge of collapse after eight member states, including Hungary and Italy, withdrew support for the ...The Guardian - World - European Union -
EU probes Apple, Meta and Alphabet under landmark new law
Big Tech groups are the first to face full investigations under bloc’s Digital Markets ActFinancial Times - Business - European Union -
Meta, Google, Apple face EU probes over new tech regulations
The European Union launched investigations into Meta, Google and Apple to review if the three U.S.-based tech giants’ recently announced measures comply with the EU’s new tech regulations, the European Commission announced Monday. The ...The Hill - Politics -
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EU probes U.S. tech giants over compliance with new digital law
European Union regulators have opened investigations into Apple, Google and Meta under a new law designed to stop tech companies cornering digital markets.CBS News - World - European Union -
Trump scores two financial victories with appeals-bond ruling and Wall Street stock listing
A bond decision lifts immediate financial pressure off the former president while a Nasdaq listing windfall moves closer to fruition — but trouble still looms as a first criminal-trial date is set.MarketWatch - Business - Donald Trump -
Biden campaign taps entertainment-industry stars and Clinton, Obama for New York City fundraiser
Stephen Colbert, Mindy Kaling and other stars are slated to take part in a fundraising event Thursday for Biden’s re-election effort vs. Trump.MarketWatch - Business - Joe Biden -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Treasury yields end higher to kick off holiday-shortened week
Rates on U.S. government debt jumped by the most in one week on Monday as traders braced for a busy holiday-shortened period.MarketWatch - Business -
U.S. stock-market rally could hit the skids if companies miss this mark, strategist warns
The record-setting rally in U.S. stocks could run into trouble if companies report disappointing profits, according to a top equity-market strategist at Morgan Stanley.MarketWatch - Business -
Super Micro’s stock stands out by these metrics, JPMorgan says in bullish call
Another analyst has joined the bull camp on shares of Super Micro, which have experienced a roughly 800% surge over the past 12 months.MarketWatch - Business -
Fisker warns of possible ‘event of default’ following NYSE move to delist stock
The New York Stock Exchange on Monday said it would begin the delisting process for Fisker Inc. stock — a move the struggling electric-vehicle maker said would trigger an “event of default” on some of its convertible debt due next year.MarketWatch - Business -
Why Brussels’ reform tsar wants a mindset change in EU capitals
Also in this newsletter: the capital gulf between green goals and realityFinancial Times - World - European Union -
US and EU differ over the future of fossil fuel subsidies in OECD talks
Second round of discussions ends without significant progress on export credit policiesFinancial Times - World -
Hire factcheckers to fight election fake news, EU tells tech firms
Parliamentary elections thought vulnerable to fake news will test social media firms and bloc’s new DSA laws. Social media firms including TikTok, X, Facebook and Instagram will be required to put an army of factcheckers and moderators in place ...The Guardian - World - European Union -
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‘You’ve got to be joking’: Mandelson dismisses prospect of UK rejoining EU
Labour peer says there is little desire among voters for a referendum and in Brussels for renegotiations. Peter Mandelson has dismissed the prospect of an incoming Labour government taking Britain back into the EU, saying “you’ve got to be joking” ...The Guardian - World - United Kingdom -
EU states agree to curb Ukrainian poultry imports to pacify farmers
Trade restrictions on range of foodstuffs could cost Kyiv up to €330mn in annual revenueFinancial Times - World - Ukraine -
EU makes last-minute dash to close dark share trading loophole
Regulator extends rules for 18 months to fix Brussels’ legal misdraftingFinancial Times - World - European Union -
EU hits roadblocks in reaching green milestone as elections loom
Progress in the fastest-warming continent is thwarted by a constituency fatigued by inflation and trade tensionsFinancial Times - Business - European Union