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S&P lowered its credit ratings for ExxonMobil and other US players, citing the risk of lost market share to renewable energy, among other factors

As Heat Pumps Gain Steam, Technological Hurdles Give Way To Regulatory Ones

Heat pump installations are rising rapidly across the globe. There's still work to be done, experts say.

Italy's Ruling Parties Kill Minimum Wage Bill

Italy is the last of five countries in the European Union not to have a minimum wage

Italy's governing right-wing parties on Wednesday scuppered an attempt by the opposition to introduce a minimum wage, which would have brought the country into line with the majority of the EU.

EU Seeks Agreement On World's First AI Law

The European Union is racing to approve the world's first comprehensive law on AI

The European Union will seek to thrash out an agreement on sweeping rules to regulate artificial intelligence on Wednesday, following months of difficult negotiations in particular on how to monitor generative AI applications like ChatGPT. The EU is racing to approve the world's first comprehensive AI law after the issue took on greater urgency when the ChatGPT bot burst onto the scene last year, highlighting AI's dizzying advances.

Milei accused Massa of planting "coughers" in the audience to distract him during the final debate

Argentina Will Not Join BRICS Under Milei, As Libertarian Prepares To Take Office

Argentina's President-elect is expected to withdraw Argentina from a planned expansion of the non-western economic alliance.

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A platform on the Leviathan natural gas field, one of Israel's two major offshore fields, some of whose output is sold to Egypt and Jordan

Chevron Resumes Natural Gas Production In Offshore Israeli Field After Five-Week Pause

A key natural gas facility resumes production as energy providers in Egypt breathe a sigh of relief.

A floating production storage and offloading vessel operated by Energean Plc and set to produce gas for Israel passes through Egypt's Suez Canal in a picture dated June 5, 2022

Israel-Hamas Conflict Threatens EU-Egypt LNG Deal, Oxford Energy Institute Says

War in the Middle East has shaken up regional energy markets, as Israel's natural gas facilities hang in limbo and Egypt's energy grid struggles to stay online.

President Erdogan's stance on the Israel-Hamas war is souring ties with the EU

Turkey's Gaza Fury Deepens Splits With EU

As Turkey's relations with the European Union come under strain over its democratic standards, President Recep Tayyip Erdogan's outspoken pro-Palestinian stance on the war between Israel and Hamas is further testing ties.

Australian actress, and UNHCR Goodwill Ambassador Cate Blanchett reiterated a call for an 'immediate humanitarian ceasefire' in Gaza

Cate Blanchett Urges Stand Against 'Dangerous Myths' On Migrants

The EU must lead the way in rejecting "dangerous myths" fuelling a rise in hardline anti-migration policies as the world grapples with mass displacements, actress and UNHCR Goodwill Ambassador Cate Blanchett said Wednesday.

TikTok CEO Shou Zi Chew spoke with the EU's internal market commissioner, Thierry Breton, in a video call

EU Tells TikTok To 'Spare No Effort' To Fight Disinformation

The EU's top tech enforcer told TikTok's CEO on Monday to "spare no effort" to counter disinformation, but recognised the changes already made by the video-sharing platform.

Macron is on a two-day visit to the resource-rich region

Macron Visits Kazakhstan And Uzbekistan As Race For Uranium Supply Accelerates

French President Emmanuel Macron toured Central Asia this week, as his country seeks to secure future sources of fueling France's massive nuclear program.

The EU is tightening the ability of social platforms to use personal data to target advertising

EU Bans Meta's Use Of Personal Data For Behavioural Advertising

The European Data Protection Board said Wednesday it had adopted a binding decision that will ban Facebook and Instagram owner Meta from using the personal data of users for targeted advertisements.

Tents for Palestinians seeking refuge are set up on the grounds of a UN Relief and Works Agency for Palestine Refugees centre in Khan Yunis in the southern Gaza Strip on October 19, 2023

EU Eyes Call For 'Humanitarian Corridors And Pauses' In Gaza

EU leaders will on Thursday debate calling for humanitarian "pauses" in Israel's war with Hamas, as the bloc weighs how to respond to another conflict as fighting rages in Ukraine.

The leaders of Spain, France and Portugal are meeting in the southern city of Alicante to sign off on the vast H2Med green hydrogen pipeline project

Proposed Algeria-Germany Green Hydrogen Pipeline Could Be A Game-changer For European Energy

Germany is discussing plans to source green hydrogen from Algeria, reducing energy dependency on Russia and working towards fulfilling EU climate objectives.

US Treasury Secretary Janet Yellen warned Monday that production of key clean energy inputs are currently concentrated in a few countries

Yellen: US To Continue Supporting Ukraine 'For As Long As It Takes'

The Treasury Secretary spoke about coordination policies with the European Union on Ukraine and China.

European Commissioner for Energy Kadri Simson said 'no official decision' had been taken on whether to investigate China's subsidies for its wind power industry

EU Climate Chief Says 'No Official Decision' On China Wind Subsidies Probe

The European Union's climate chief said Thursday that "no official decision" had been taken on whether to investigate China's subsidies for its wind power industry, following talks with her counterparts in Beijing.

The EU says Borrell's visit should culminate in an EU-China summit later this year

EU Foreign Policy Chief Expected In China For Pre-summit Talks

European Union foreign policy chief Josep Borrell is due to arrive in China on Thursday, looking to manage the bloc's "de-risking" strategy with its largest trading partner while laying the foundations for a planned summit this year.

Illustration shows blue verification badge, Facebook and Instagram logos

Meta Plans To Charge Up To $14/Month For Ad-Free Instagram In Europe

Meta's proposed plan is in response to European regulators' demands, The Wall Street Journal reported.

Liberal Democrat leader Ed Davey promised closer ties with Europe

UK Lib Dem Leader Vows Closer EU Ties But Not To Rejoin

British opposition party the Liberal Democrats on Tuesday promised a closer relationship with Europe if they come to power, but rowed back on a previous pledge to rejoin the bloc.

The new iPhone unveiled on September 12 comes with a universal charger after Apple bowed to the EU

EU Tells Apple Chief To 'Open Up' To Rivals

The EU's digital chief Thierry Breton told Apple CEO Tim Cook on Tuesday that the iPhone maker must open up its products to competitors as part of Brussels' tough curbs on tech behemoths.

EU chief Ursula von der Leyen has called on the bloc to define its own approach to Beijing

EU To Probe China Electric Car Subsidies

Brussels will investigate Chinese state subsidies for electric cars, EU chief Ursula von der Leyen said Wednesday, vowing to defend Europe's industry against "artificially low prices".

The trigger for the EU probe was a July 2020 complaint from Slack, a US startup competitor to Teams which has since been bought by the company Salesforce

Microsoft Bows To EU Competition Concerns Over Teams

Microsoft will unbundle its Teams communications from its popular Office suite in an attempt to assuage EU antitrust concerns, the company said Thursday.

'Ambitious, but necessary': the European Union should get ready to admit new members by 2030, EU chief Charles Michel says

EU Should Be Ready For New Members By 2030: Charles Michel

The European Union should get ready to admit new members from eastern Europe and the Balkans by 2030, EU chief Charles Michel argued Monday.

Google is promising to publish detailed transparency reports

Google Unveils Changes Before Strict EU Rules Kick In

Google vowed Thursday to be more transparent about content moderation across its services, including its ubiquitous search engine, as tech firms rush to meet stricter European Union rules that kick in this week.

Meta and other US Big Tech companies have been hit by massive fines over their business practices in the EU in recent years and have been impacted by the need to comply with the bloc's strict data privacy regulations

Meta To Ask EU Users' Consent To Share Data For Targeted Ads

Social media giant Meta on Tuesday said it intends to ask EU-based users to give their consent before allowing targeted advertising on its networks including Facebook, bowing to pressure from European regulators.

Through the BRI, around 150 countries have received Chinese funds and loans to build roads, ports, railways or hydroelectric dams

Italy's Decision To Join China's Belt and Road Initiative Was 'Atrocious': Defense Minister

"The issue today is: how to walk back (from the BRI) without damaging relations [with Beijing]. Because it is true that China is a competitor, but it is also a partner," Italian Defense Minister Guido Crosetto said.

Strict new European rules on transparency, data privacy, child protection, disinformation and hate speech come into effect next month

EU Digital Chief Urges TikTok To Quickly Adopt New Rules

The European commissioner overseeing the digital market on Wednesday urged Chinese video-sharing platform TikTok to accelerate its adoption of new EU standards.

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