The European Union needs to do more to keep up with the US and China, according to Economics Commissioner Valdis Dombrovskis.

The European Union proposed allowing London to continue clearing the bloc’s trades until 2028, a departure from its previous vow that the post-Brexit arrangement would end this summer.

The European Union is unlikely to propose phasing out Russian liquefied natural gas as part of a new package of sanctions targeting Moscow for its invasion of Ukraine, according to people familiar with the matter.

Despite sustainable finance headwinds, EU Taxonomy reporting growth is encouraging. Bloomberg data shows a significant increase in Taxonomy alignment and reveals that large EU firms are also becoming more sustainable.

The European Union is unlikely to impose sanctions on Russian liquefied natural gas. Instead, other ways to gradually stop imports are being discussed, Bloomberg reports. The European Union does not plan to include sanctions on Russian liquefied natural gas (LNG) in its upcoming package of restrictions against Moscow,

NATO has started the process of sharing some classified information with the defense industry and the European Union. The data will relate to the standardization of weapons and the expansion of production capacities of the Alliance member states,

The European Union will propose establishing an advanced research project agency modeled on US government entities to invest in strategic technologies as part of a broader drive to boost the bloc’s competitiveness.

The European Union is unlikely to propose a gradual phase-out of Russian liquefied natural gas (LNG) as part of its new sanctions package targeting Russia over its full-scale invasion of Ukraine. Source: Bloomberg,

The European Union is facing mounting pressure to scale back its highly contested ESG reporting requirements, as France prepares to unveil a formal proposal seeking to limit the scope of the regulatory framework.

The European Commission is likely to postpone its planned publication date for a roadmap to phase out the last remaining fuels from Russia, including liquefied natural gas.

Bloomberg boosts UN climate finances after US exits Paris Agreement, ensuring global climate progress with vital support and reporting commitments.

Start with the distinction between trade in goods and trade in services. When a U.S. manufacturer sells tractors overseas, that’s goods. When a U.S. software firm creates an AI medical diagnostic tool and sells access via the internet to foreigners, that’s services.