Business
The European Union (EU) requires a more coordinated industrial policy, rapid decision-making, and significant investment to remain competitive with the United States and China, according to a report by former European Central Bank chief and Italian Prime Minister, Mario Draghi. The report, commissioned by the European Commission, calls for an
Finance
The French government has requested an extension from the European Commission for submitting its plan to reduce the public deficit, originally due by September 20. This request aims to ensure the plan's alignment with the 2025 finance bill. France, under EU disciplinary proceedings for excessive deficit, faces potential
Science
Meta, the parent company of WhatsApp and Messenger, has unveiled its plans to integrate third-party chats into these platforms for users in the European Union. This initiative aims to comply with the EU's Digital Markets Act, which mandates interoperability between major messaging services. Users will have the option
Health
Malta has joined other European Union (EU) member states in the European Commission's "Team Europe" initiative to combat the spread of Mpox (Clade I) in Africa. This effort is in response to the Africa Centre for Disease Control and Prevention (Africa CDC) declaring the disease a
Politics
French President Emmanuel Macron is considering Michel Barnier, the former EU Brexit negotiator, for the position of prime minister following an inconclusive snap election. Barnier, a veteran politician born in La Tronche, has an extensive political background, including roles as EU regional policy commissioner and EU commissioner for internal market
Finance
Germany's manufacturing orders rose by 2.9 percent in July 2024 compared to the previous month, according to the Federal Statistical Office (Destatis). This growth marks the second consecutive month of rising orders, following a revised 4.6 percent increase in June. The increase was primarily driven by
Finance
The European Court of Justice of the European Union (CJEU) has ruled in favor of U.S. gene sequencing company Illumina in its legal battle against EU antitrust regulators over the company's $7.1 billion acquisition of cancer diagnostic test maker Grail. The court overturned a previous ruling
Finance
France's inflation rate decreased to 1.90% in August from 2.30% in July, exceeding the estimated 1.8%. This decline is attributed to a significant slowdown in energy prices, including a drop in electricity and petroleum product costs. However, prices for services, particularly in accommodation and transport,
Politics
EU foreign policy chief Josep Borrell has initiated a process to gauge whether EU member states support imposing sanctions on certain Israeli ministers. These ministers are accused of disseminating hate messages against Palestinians and proposing actions that violate international law. Borrell did not specify the names of the ministers in