EU looks forward to Biden resetting trans-Atlantic relations
…but future relations will have to adapt to a multi-polar world where China is an ever bigger player.
EU greenhouse gas emissions down 24% since 1990: report
With coronavirus pandemic, the commission expects emissions to fall an unprecedented 8% this year.
EU moves ahead with tariffs on US but hopes for Biden change
Trade action traded between US and EU over support for aircraft manufacturers Boeing and Airbus.
Trudeau, EU leaders meet to reinforce support of world order
Pre-US election meeting is their first formal discussion since the changeover of Europe’s top political leadership late last year.
EU leaders divided over new climate goals for 2030
Proposal to reduce emissions 55% by 2030 compared to 1990 levels, compared the current target of 40%.
EU to tackle methane gases, boost energy efficiency
Wants to slash greenhouse gas emissions to at least 55% of what they were in 1990 over the next decade.
UK urged to conclude trade deal with EU to limit Brexit cost
OECD said the British economy will likely end this year 10.1% smaller than when it started.
EU can put tariffs on $4B of US goods over Boeing support: WTO
One of the largest penalties handed down by the global trade organization, considering which products to target.
EU takes legal action against UK over planned Brexit bill
Calls it a breach of the obligation of good faith laid down in the “Withdrawal Agreement.”
EU chief says UK can’t change Brexit withdrawal agreement
Says chances for a future trade deal are slipping away; plans to renege on parts of the withdrawal agreement dims those hopes further.
Hopes muted as EU and UK talk again about post-Brexit ties
Chances of a breakthrough diminish, concerns they could collapse in the coming weeks.
EU unveils plan to secure rare earth materials, cut dependency
Need around 60 times more lithium and 15 times more cobalt for electric vehicle batteries and energy storage by 2050.
Apple wins big EU court case over US$15B in taxes
EU Commission claimed in 2016 Apple had struck an illegal tax deal with Irish authorities that allowed it to pay extremely low rates.
EU lagging behind on climate, gender equality goals
The bloc’s CO2 emissions were reduced by 2.7% from 2013 to 2018 but temperatures kept rising
EU forecasts ‘recession of historic proportions’ this year
The pandemic is expected to cause the deepest recession in living memory
European economies on course for unprecedented recession
The scale of the decline in business activity staggering, lends urgency to discussions about a rescue support package.
EU-UK trade talks kick off amid threats and deadlines
Must be concluded by the end of this year, or Prime Minister Johnson threatens to walk.
Canada-UK free trade: A post-Brexit opportunity
Needs to complete a deal with the EU first and foremost, but a deal with Canada should be its second priority.
UK and EU clash over trade with 11 months to make a deal
The European Union insists there can be no trade deal if Britain undercuts bloc regulations.
Canada not rushing to post-Brexit deal with UK, business urges calm
Britain still bound by the continent’s sweeping free trade deal with Canada on goods and services.
Britain to seek Canada-style free trade deal with EU
But European officials warn Canada achieved largely tariff-free trade status by bringing many of its rules into line with EU regulations.
EU trade deal with Britain, no unfettered state aid: Chief Brexit official
State aid rules in any future trade deal would be more stringent than with nations like Canada or Japan because of the physical proximity of the EU.
UK lawmakers OK Johnson’s Brexit bill, pave way to exit EU
Also has to be approved by Parliament’s upper chamber.
UK’s Johnson seeks to rule out Brexit trade pact delay
Johnson’s Conservatives won an 80-strong majority in Parliament in last week’s general election.
EU to boost measures to protect trade after WTO impasse
A proposal to change some EU trade rules will enable it to act even when the WTO can’t give a final ruling.
China’s Jingye comes to the rescue of British Steel
Rescue deal potentially protects some 4,000 jobs and safeguards a strategic asset as Britain prepares to leave the EU.
China’s Xi on investment drive in EU member Greece
China’s state-owned shipping giant Cosco controls Greece’s largest port of Piraeus, near Athens.
Bank of England keeps rates on hold ahead of UK election
The central bank appears to be waiting for more clarity over Britain’s departure from the European Union.
Europe’s specialty food makers brace for US tariffs
Tariffs on US$7.5 billion on a range of European goods were approved by the World Trade Organization as compensation for illegal EU subsidies to Airbus.
UK, EU reach tentative Brexit deal; still needs ratification
PM Boris Johnson needs all the support he can get to push any Brexit deal past the deeply divided Parliament.
UK labour market weakening amid Brexit uncertainty
The number of people in work dropped by 56,000 in the three months to August from the previous three-month period.
UK says chances of Brexit deal slim; EU chides ‘blame game’
Boris Johnson’s office blamed EU intransigence for a breakdown in negotiations.