City Brussels Financial News

17.09 / 11:33

Southern Audi Trade Experts electronic reports isolate Autoworkers demonstrate in Brussels to protest layoff threats across the EU industrial base

Trade unions and thousands of disgruntled workers are demonstrating in the Belgian capital to protest the threat of massive layoffs in a state-of-the-art Brussels car factory and other key industries

17.09 / 11:17

FIVE Man Trade President country Colleges International A French member of the European Commission resigns and criticizes President von der Leyen

An influential French member of the European Union’s powerful executive branch has resigned

16.09 / 10:01

markets COST UPS Manufacturing Audi reports Europe's EV troubles bubble up at Brussels Audi factory

Audi factory in Brussels described by the German carmaker as the «cradle» of its electric drive, around 200 picketing workers huddled around a bonfire in the morning drizzle. The firm is considering closing the plant, a move that analysts say is symptomatic of the troubles afflicting Europe's wider electric car industry, amid low demand and competition from China. Audi is a subsidiary of Volkswagen, which earlier this month made the bombshell announcement that it was considering the unprecedented step of closing production sites in Germany.

14.09 / 21:16

markets Racing Photos Celebrity beautiful Olympics Mondo caps ‘beautiful season’ with meet record

Brussels: Pole vaulter Armand Duplantis capped a «beautiful season» with a meet record in the Diamond League Final that was far from his world record. Duplantis has broken the world record three times this year; the second time was when he won his second Olympic gold medal in Paris, and the most recent in a league meet in Poland on Aug. 25, clearing 6.26 meters. But after he made 5.92 that nobody else could match in Brussels, he nailed 6.11 at his first attempt and stopped. That was one centimeter more than his own Memorial Van Damme record set last year, and he said he was too tired to continue. Afterwards, he said his 100-meter victory over 400 hurdles world record-holder Karsten Warholm in Zurich last week took more out of him than expected.

14.09 / 19:48

markets UPS Racing security Olympics Julien Alfred ends perfect season, Ingebrigtsen earns revenge

Julien Alfred completed her perfect season at the finale of the Diamond League series in Brussels on Friday, while Jakob Ingebrigtsen secured victory in the 1,500 metres to make up for his Paris hiccup. Alfred, the Olympic gold medallist from St Lucia, led most of the women's 100 metres but was pushed close to the line by Britain's Dina Asher-Smith, to finish in 10.88 seconds. American Sha'Carri Richardson, the silver medallist in Paris, ended a disappointing eighth. Ingebrigtsen, who won the men's 5,000 metres in Paris but came in a disappointing fourth in the 1,500 metres, led into the final lap of the middle distance race in Brussels, kicking away from his nearest rivals with 200 metres to go.

11.09 / 13:43

Citizens Landmark Fighting Apple Justice show Courts EU's top court dismisses Apple's final appeal against order to pay Ireland 13B euros in back taxes

The European Union’s top court has rejected Apple’s final legal challenge against an order from the bloc’s executive commission to repay 13 billion euros ($14.34 billion) in back taxes to Ireland, bringing an end to the long-running dispute

09.09 / 20:43

UPS Landmark Strategy Research country reports The EU buys too much defense equipment abroad, especially from the US, a major report says

European Union countries are buying too much of their defense equipment abroad, much of it U.S.-made, and failing to invest in joint military projects, a landmark report is warning

09.09 / 18:08

UPS Gap economy country innovations reports Mario Draghi has solutions for Europe's sluggish economy. Will EU governments listen?

A long-awaited report on how to rescue Europe’s economy from weak growth and red tape is in

05.09 / 12:24

film European Commission Crypto enforcement, Newsletter

Monday 24 - Tuesday 25 June: .7th European Nuclear Safety Conference.

03.09 / 13:12

Progressive Strategy Trade President Equality rights Colleges EU chief Ursula von der Leyen aims for gender parity in commissioner posts. But it's raining men

The European Union is trying to get a semblance of gender parity in its new executive Commission

29.08 / 19:53

BLOCK Assurant WhatsApp reports EU to go ahead with Russian asset plan

Ukraine from frozen Russian central bank assets regardless of issues raised by the US, the bloc's top diplomat said. A Group of Seven agreement to leverage proceeds of the blocked assets has faced delays as Washington seeks firmer assurances that the EU will be able to renew sanctions measures in the face of the opposition from Hungary. The US wants to ensure that the plan, which aims to generate $50 billion in loans for Kyiv, moves forward before seeking approval from Congress.

29.08 / 19:09

WhatsApp International Rethink ties with Israel, sanction its ministers, says top EU diplomat

European Union must rethink its relations with Israel and impose sanctions on some Israeli government ministers, EU foreign policy chief Josep Borrell said on Thursday. At a meeting of EU foreign ministers in Brussels, Borrell urged the ministers to consider imposing sanctions on certain members of PM Benjamin Netanyahu's cabinet.

29.08 / 18:11

Digital Telegram Platform WhatsApp country Updates Investigations Telegram could face greater EU scrutiny

Telegram could face stricter EU digital rules as Brussels probes whether the popular messaging app — whose founder faces criminal charges in France — has more users in the bloc than claimed. The platform was thrust into the spotlight after its chief Pavel Durov was arrested in France on Saturday. He has since been released on bail but cannot leave the country. Durov is accused of failing to curb extremist and illegal content on the increasingly controversial platform, which has over 900 million followers.

20.08 / 11:29

UPS Digital Platform Fighting Apple testing Features One year in, EU turning up heat in big tech fight

big tech in the EU, the months ahead could prove a winter of discontent as the bloc wields a fortified new legal armoury to bring online titans to heel. Since August 2023, the world's biggest digital platforms have faced the toughest ever tech regulations in the European Union — which shows no sign of slowing down in enforcing them. Brussels scored its first major victory after forcing TikTok to permanently remove an «addictive» feature from a spinoff app in Europe in August, a year after content moderation rules under the bloc's Digital Services Act (DSA) started to apply.

17.08 / 05:15

Digital Platform Election Research Instagram track Features EU presses Meta on plans after disinformation tracker axed

EU on Friday formally requested that Meta detail steps it is taking on transparency after the Facebook and Instagram owner scrapped a widely-used tool for tracking disinformation online. Meta has been criticised on both sides of the Atlantic over the decision to shut down CrowdTangle — a feature considered vital by researchers tracking viral falsehoods — in a year of major election contests in the United States and elsewhere. Unavailable since August 14, CrowdTangle is to be replaced with Meta's Content Library — a technology researchers say offers nowhere near the same functionality.

16.08 / 11:41

markets UPS Digital security Apple show Courts Apple’s hold on the App Store is loosening, at least in Europe

BRUSSELS—Apple has long kept a tight grip on its iPhone ecosystem. In Europe, its hold is starting to weaken. “Fortnite" maker Epic Games on Friday said it is launching an alternative app store for iPhone users in Europe.

14.08 / 19:33

Reuters Progressive Apple information Updates Spotify to add price information in its app on Apple devices in EU

Spotify will update its app on Apple devices in the European Union on Wednesday to include prices of its various plans and services, more than three months after the iPhone maker rejected such a move. That rejection was due to Spotify not accepting Apple's Music Streaming Services Entitlement, newly introduced terms governing how music streaming apps in the European Economic Area inform users of other ways to make purchases. The Swedish audio streaming company said while it is now accepting those terms, its iOS app will not give users an external link to make purchases as it does not want to pay Apple a commission on such transactions.

31.07 / 00:01

BLOCK Action security President War country Hungarian minister accuses EU of orchestrating stoppage of Russian oil through Ukraine

Hungary’s foreign minister has accused the European Union’s executive commission of orchestrating a stoppage of some Russian oil supplies into the bloc through Ukraine and warned that the dispute could lead to an energy crisis

29.07 / 11:00

European Union Ursula von der Leyen European Commission Olympics Cryptocurrency law coming in: Prepare for a bumpy ride

The EU’s landmark regulation for crypto takes effect within the week – and it doesn’t seem that any major specialised players have succeeded in getting authorised.

15.07 / 09:31

Blockchain Ethereum Platform security Software Tezos Artificial Intelligence Tezos Co-Founder on Mumbai Upgrade, Jstz and Artificial Intelligence

Tezos, a decentralized blockchain platform, was founded by the husband and wife duo, Arthur and Kathleen Breitman, almost a decade ago and since then the open-source blockchain network has come a long way.

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