European Headline: news from across Europe

Proxima Fusion signs Japanese partnerships for German fusion projects

The agreements cover a possible superconducting tape supply chain in Lower Saxony, alongside plasma heating and fuel cycle technologies.

28 Oct, 21:472 min read

Business
South Korea fines Google and Apple over app payment restrictions
28 Oct, 21:332 min read
Policy
EU and Canada weigh study of long-term LNG supplies
28 Oct, 19:481 min read
Markets
European gas benchmark tops €100 as EU energy chief warns of difficult winter
28 Oct, 19:332 min read

Europe

UK pledges defence spending of 3 per cent of GDP by 2030

Chancellor John Healey left funding details to a spending review next year and pledged £10 billion in additional support for Ukraine.

28 Oct, 16:481 min read

European governments pursue social media curbs alongside EU proposal
28 Oct, 07:04
Denmark and Sweden criticise Finnish-Norwegian call to Putin
27 Oct, 18:34
Reynolds denies split with Burnham over closer EU ties
27 Oct, 11:19

Policy

Commission clears €319 million Austrian subsidy for Infineon chip plant

The funding will support a €1.1 billion upgrade in Villach, where Infineon plans high-volume production of gallium nitride power chips.

28 Oct, 18:331 min read

Hungary’s €5.4 billion defence loan application wins Commission approval
28 Oct, 18:18
Commission opens talks on raising EU refinery output
28 Oct, 14:18
EU countries remain divided over Canada’s proposed associate status
27 Oct, 17:19

Business

Germany and Japan agree closer cooperation on economic security

Friedrich Merz and Sanae Takaichi set out plans for supply-chain monitoring, rare earth diversification and a high-level dialogue on artificial intelligence.

28 Oct, 17:182 min read

BNP Paribas profit rises 13.5 per cent as equities trading grows
28 Oct, 11:49
Mercedes-Benz cuts profit outlook as China conditions weigh
27 Oct, 16:06
Microsoft offers voluntary buyouts to staff in four countries
26 Oct, 21:34

Markets

Besi shares gain more than 10 per cent as Applied Materials plans larger stake

Applied Materials plans to raise its holding to about 20 per cent from 9 per cent, with delivery of the additional shares subject to a US antitrust review.

27 Oct, 14:481 min read

French benchmark bond yield climbs above 5 per cent
21 Oct, 13:04
Euro hits lows against dollar and pound despite ECB rate increases
15 Oct, 16:34
Schneider Electric shares fall more than 9 per cent after PTC deal
6 Oct, 22:36

Economy

UK budget offers £100 energy payments and raises bank tax

Chancellor John Healey targets around 20 million households for winter support while reducing the fiscal buffer and increasing a surcharge on bank profits.

28 Oct, 15:332 min read