The British finance minister Jeremy Reeves has apologised to the British people for announcing 40 billion pounds of tax rises, in a blow to her election manifesto which had said there would be no tax rises.
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On a seasonally adjusted basis, eurozone gross domestic product (GDP) grew 0.4 per cent quarter-on-quarter in the third quarter of this year, and European Union GDP grew 0.3 per cent quarter-on-quarter.
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The European Commission's decision to impose countervailing duties on Chinese electric vehicles for five years has heightened trade tensions between the world's largest exporting economies.
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Single-use e-cigarettes will be banned in England and Wales from June next year in a bid to combat environmental harm and curb the rise in the number of children using e-cigarettes.
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The European Union's data privacy watchdog has fined linkedin, a workplace social network owned by Microsoft, more than 300 million euros for violating rules on users' personal data.
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NATO officials say member countries have joined forces to improve satellite coverage in the Arctic.
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France's new right-wing government is accelerating immigration policy reform, and plans to pass a new immigration bill in 2025 to strengthen border control and immigration governance.
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French President Emmanuel Macron has defused a political crisis after a tumultuous summer, but sources close to him say he is deeply dissatisfied with his right-wing government and feels isolated.
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Under the skies of French politics, an unprecedented change is brewing.
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The German government has cut its gross domestic product forecast for 2024 to a contraction of 0.2 per cent, in the latest sign of the difficulties Europe's largest economy faces in emerging from a prolonged slump.
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Against the backdrop of the increasingly fierce competition and numerous challenges in the global automotive industry, Ford Motor Company has made a significant and highly impactful decision - it plans to lay off 4,000 employees in Europe in an attempt to significantly cut costs and seek new opportunities and space for the sustainable development of the enterprise.
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