City Brussels Financial News

25.03 / 19:23

UPS Target Fighting Continental Bill biodiversity A major European nature protection plan stumbles at the final hurdle. 'How could we give that up?'

A major European Union plan to fight climate change and better protect nature in the 27-nation bloc has been indefinitely postponed

24.03 / 02:35

markets UPS Target Digital Google Action Apple Analysis-Google, Apple breakups on the agenda as global regulators target tech

By Foo Yun Chee and Supantha Mukherjee

22.03 / 11:13

markets UPS Food President War EU Seeks to End Russian Grain Imports With Steep Tariffs

BRUSSELS—In a big shift, the European Union is planning to impose tariffs on Russian grain, part of an effort to curb Moscow’s export revenue and appease European farmers who are angry about imports of cheaper agricultural products. The plan—the bloc’s first push to restrict food products from Russia during the war—comes amid protests over Ukrainian agricultural imports by farmers who have at times set up blockades at border crossings.

20.03 / 11:57

markets BLOCK Food War country cover The EU's new import deal would support Ukraine while protecting the bloc's farmers

European Union lawmakers have agreed to renew Ukraine’s import rates, which have been in place since shortly after Russia invaded while adding protective measures for agricultural products such as grain and honey to address the concerns of farmers acro...

20.03 / 10:51

Aviat CEO Airlines security consolidation European airline CEOs say industry consolidation vital

BRUSSELS (Reuters) — Further consolidation of Europe's airlines was necessary to keep the industry competitive, the CEOs of British Airways owner IAG and Ryanair said on Wednesday, as the EU weighs a new deal.

19.03 / 22:19

Citi FIVE Art Dreams show stage beautiful Belgian fashion designer Dries Van Noten is stepping down as creative director at the end of June

Belgian fashion designer Dries Van Noten says he will step down from his namesake brand at the end of June

19.03 / 19:13

markets Provident Digital Landmark Platform Apple Investigations Exclusive-EU's Vestager warns about Apple, Meta fees, disparaging rival products

By Foo Yun Chee

18.03 / 13:35

UPS Progressive security President Battlefield Rheinmetall After the Putin Rally, Europe’s Defense Stocks Get a Trump Bump

Europe isn’t where American investors usually turn for growth, but the defense sector is a somewhat depressing exception these days. After years in relative obscurity, stocks such as Germany’s Rheinmetall and Sweden’s Saab rallied when Russia invaded Ukraine in 2022. There was a lull last summer when Ukraine was making good progress on the battlefield, but this winter they have rocketed again.

18.03 / 10:25

Fighting security Strategy Election Food President cover As the rumble of tractor protests grows, the EU offers more environmental concessions to farmers

The European Union’s executive arm has proposed weakening even more climate and environmental measures in the bloc’s latest set of concessions to farmers apparently bent on continuing disruptive tractor protests until the June EU elections

17.03 / 06:45

Remark Freedom country reports Discrimination Equality Jaishankar slams US for CAA remark: ‘I'm questioning their understanding of our history, as...’

Jaishankar defends CAA in Brussels as he promotes India-EU ties The US Ambassador to India, Eric Garcetti, speaking at the India Today Conclave on Friday said that the United States can't give up on principles and principles of religious freedom and equality are a cornerstone of democracy. Speaking on this, S Jaishankar said, “I have principles too, and one of my principles is an obligation to people who were let down at the time of partition".

15.03 / 10:13

Target MET show Traffic Farmers disrupt traffic to Belgium's major ports in protest of environmental rules

Farmers have disrupted traffic around Europe’s second biggest port of Antwerp and two other Belgian harbors during yet another demonstration to protest against what they say is excessive environmental rulemaking

12.03 / 23:11

COST UPS Food reports rights ECB should 'make a bet' on rates before long, says Wunsch

BRUSSELS (Reuters) — The European Central Bank will have to gamble soon with an interest rate cut even though wage inflation and price rises for services are uncomfortably high, Governing Council member Pierre Wunsch said.

12.03 / 18:53

Align President War show stage country recommendations European Union members should open talks with Bosnia on joining, the EU's executive branch says

The European Union’s executive arm says it will recommend that member countries open accession negotiations with Bosnia-Herzegovina

12.03 / 05:25

UPS Extreme Action security Continental Food reports NOT Europe is not prepared for the growing climate extremes it faces, its first risk assessment finds

Europe is facing growing climate risks and is unprepared

12.03 / 05:25

security President War show country place Sweden’s flag is raised at NATO headquarters to cement its place as the 32nd member of the alliance

Sweden’s national flag has been raised at NATO headquarters to cement the Nordic country’s place as the 32nd member

12.03 / 05:25

security economy Remark President War country Poland's president calls on NATO allies to raise spending on defense to 3% of GDP

Poland’s president is calling on other members of the NATO alliance to raise their spending on defense to 3% of their gross domestic product

07.03 / 08:27

markets Action Apple prevention EU regulators seek details of escalating Apple, Epic Games spat

BRUSSELS (Reuters) — Apple (NASDAQ:AAPL) has been asked to explain why it prevented Fortnite video-game maker Epic Games from launching its own online marketplace on iPhones and iPads in Europe and whether this breaches EU technology rules, EU antitrust regulators said on Thursday.

07.03 / 07:27

Aviat Airlines Coronavirus pandemic reports travelers Lufthansa doubles profit in 2023 as demand booms

Lufthansa said Thursday it had doubled profits in 2023 on booming demand, as the aviation sector extends a rebound from the coronavirus pandemic. The group reported a net profit of 1.67 billion euros ($1.82 billion), compared to 791 million euros in 2022.

05.03 / 11:11

markets Fighting Football Celebrity electronic stars rights A soccer star and a savvy businessman: Mbappé leads Messi and Ronaldo in registered trademarks

The fight between Kylian Mbappé, Lionel Messi and Cristiano Ronaldo for the honorific title of “best player in the world” is a tight one

05.03 / 05:51

markets Digital Google Apple prevention Investigations Apple gets fined nearly $2 billion by the EU for hindering music streaming competition

The European Union has fined Apple nearly $2 billion by forbidding rivals like Spotify from telling users how they could pay for cheaper subscriptions outside of iPhone apps

05.03 / 05:47

UPS Target Reuters Manufacturing Trade country reports EU cannot close borders to solar imports, energy chief says

BRUSSELS: The European Union should support struggling European manufacturers of solar panels, but cannot close its borders to imports of such products, EU energy policy chief Kadri Simson said on Monday. Factory closures among Europe's few solar panel makers have prompted the industry to seek emergency support from Brussels — potentially including trade restrictions on cheap Chinese imports that European companies have struggled to compete with. However, Simson ruled out cutting off imports, which she said could compromise the EU's ability to install enough solar energy capacity to meet climate targets. Most solar panels and parts deployed in Europe are imported from China.

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