EU

The EU vowed billions of dollars of investment in southeast Asia Wednesday, as leaders looked to bolster ties at a summit in the face of the Ukraine war and challenges from China.

After all-night negotiations, the European Union struck a political deal on Tuesday to impose a carbon dioxide emissions tariff on imports of polluting goods such as steel and cement, a world-first scheme aiming to support European industries as they decarbonise.

The European Parliament stripped Greek lawmaker Eva Kaili of her senior assembly post on Tuesday over allegations that World Cup host Qatar had bribed her to influence decision-making, charges she has denied.

European Union energy ministers are meeting in Brussels on Tuesday to try to agree a bloc-wide cap on gas prices after months of deadlock over whether the measure can ease Europe's energy crisis.

The European Parliament on Tuesday sacked one of its own vice presidents amid corruption accusations allegedly linked to World Cup host Qatar, as the institution tries to contain the scandal.

EU ministers meeting in Brussels on Tuesday struggled to bridge differences over a proposed cap on natural gas prices, a challenge stymying other measures designed to mitigate Europe's energy crunch.

A proposed cap on gas prices has divided European Union countries for months, as countries have argued about how high it should be set and whether the measure could hinder rather than help Europe's efforts to cope with an energy crisis.

European Union foreign ministers agreed on Monday to put another 2 billion euros ($2.1 billion) into a fund that has been used to pay for military support for Ukraine, after it was largely depleted during almost 10 months of the war.

The European Union is hoping to reach a deal on Tuesday to impose a carbon dioxide tariff on imports of polluting goods such as steel and cement, a scheme the bloc says is crucial to support European industry during the low-carbon transition.

The European Parliament scrambled Monday to get ahead of the widening scandal of alleged huge cash bribes from figures working on behalf of World Cup host Qatar.

EU competition regulators have revised state aid rules to make it easier for European Union countries to finance the rollout of fast-speed broadband, key to achieving the bloc's ambitious digital and green goals.

European shares inched higher on Friday as gains in industrial and financial stocks on China-led optimism offset weakness in the energy sector, while Credit Suisse climbed on news of a capital raise.

The European Union's executive is due to come up with a new assessment on Friday of the state of democracy in Hungary to help the bloc's 26 other member states decide on whether to grant Budapest billions of euros worth of funds.

Alphabet unit Google must remove data from online search results if users can prove it is inaccurate, Europe's top court said on Thursday.

European shares fell for the fifth straight session on Thursday, bogged down by weakness in telecom and real estate sectors amid growing fears of an impending recession.

Regulators in Ireland, Luxembourg and the Netherlands allowed investment funds shifting operations from London to the European Union after Brexit to operate with too few senior staff in their new locations, the EU's securities watchdog said on Thursday.

German police staged nationwide raids on Wednesday and arrested 25 people suspected of belonging to a far-right "terror cell" plotting to overthrow the government and attack parliament.

The EU on Wednesday escalated disputes with China to the WTO, requesting panels be assembled to hear two cases, one over trade restrictions on Lithuania and the other on legal recourses for EU patent holders.

The European Union reached a deal in the early hours of Wednesday on a law to increase the price that airlines have to pay when they emit planet-heating carbon dioxide emissions, adding pressure to the sector to shift away from fossil fuels.

The European Union flagged tougher requirements on Wednesday for commodity companies using derivatives markets after failing to meet higher collateral calls when gas prices rocketed due to Russia's invasion of Ukraine.

The European Union reached an agreement Tuesday to ban the import of products including coffee, cocoa and soy in cases where they are deemed to contribute to deforestation.

European Union and Western Balkans leaders met in the Albanian capital Tirana on Tuesday for a summit meant to reassure the region of a future in the wealthy bloc amid fears of rising Russian and Chinese influence.

European Union finance ministers will on Tuesday look to get Hungary's backing for 18 billion euros ($18.89 billion) of support for Ukraine for next year in exchange for access to EU money from its recovery fund as well as budget.

The European Union has drafted a new proposal for normalisation of ties between Kosovo and Serbia with a clear timeline of actions, according to a senior EU diplomat, speaking on the sidelines of the EU-Western Balkans summit on Tuesday.

Top European Union officials are aiming to be more vocal at a trade meeting with their U.S.

Unemployment in the eurozone has dropped to a record low, at 6.5 percent in October, the EU's Eurostat statistics office said Thursday.

European equities and the euro rose Wednesday as eurozone inflation slowed but remained elevated on high energy costs.

European Union chief Ursula von der Leyen on Wednesday floated the idea of a "specialised court" to put Russia's top officials on trial over the war in Ukraine.

The European Commission on Tuesday updated drone rules in a bid to boost a fast-growing commercial market while measures to tackle the malicious use of drones will be adopted in the near future.

Climate negotiators on Friday were mulling a European Union proposal aimed at resolving an impasse over financing for countries hit by climate-fuelled disasters and pushing the U.N.