EU fines X $140 million
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EU presents plan to use Russian assets for Ukraine
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European Union regulators on Friday fined Elon Musk’s social media platform X 120 million euros ($140 million) for breaches of the bloc’s digital regulations that they said could leave users exposed to scams and manipulation.
Meta and TikTok have been charged with breaching DSA transparency obligations, while Temu was accused of violating rules to prevent the sale of illegal products.
European Union negotiators agreed to delay by one year a landmark law to curb deforestation across the world and soften requirements that have been criticized at home and abroad for their bureaucratic burden and impact on trade.
The European Union should have taken action on rare earths 10 years ago, the boss of Swedish miner Boliden said on Friday, commenting on the European Commission's plan to fast-track 3 billion euros ($3.
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EU agrees deal to ban Russian gas by autumn 2027
European Union lawmakers and member states reached a deal Wednesday to ban all imports of Russian gas by autumn 2027, as the bloc seeks to choke off key funds feeding Moscow's war chest."This is the dawn of a new era,
The European Union is defying external pressure from Washington and Moscow to get a seat at the table by leveraging the immobilised Russian assets held in its jurisdiction. The move is bold, but carries many questions.
European nations look set to lower the length of their borrowing as an overhaul of the Dutch pension system reduces demand for longer-maturity bonds.
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration Read more at The Business Times.