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European Commission

  • Ratcliffe’s Ineos could sell off assets as chemicals sector struggles

    Markets

    Ineos is reportedly considering selling off parts of its business, as the chemicals giant attempts to shore up its finances amid a wider industry downturn.  The firm founded and chaired by Jim Ratcliffe has held preliminary talks about selling off parts of its vinyls business Inovyn, Europe’s largest producer of PVC, a plastic widely used [...]

    Manchester United minority owner Sir Jim Ratcliffe’s Ineos has announced a “significant strategic investment” into premium apparel brand Castore.
  • Ineos blasts ‘industrial self harm’ as firm battles Brussels over dumping

    Industrials

    Ineos has accused Brussels of “industrial self harm” as the company fights back against what it described as “dumping” of imports to Europe from Asia. The chemicals company, controlled by billionaire Sir Jim Ratcliffe, today confirmed that it has filed or is in the process of filing ten major anti-dumping cases with the European Commission, [...]

    Manchester United minority owner Sir Jim Ratcliffe’s Ineos has announced a “significant strategic investment” into premium apparel brand Castore.
  • European President set to face yet another no-confidence vote

    Politics

    The President of the European Commission, Ursula von der Leyen, is back in Strasbourg to defend herself against a no-confidence motion, just months after her last one. On Monday evening, two motions of no confidence against the President will be debated at the European Parliament, as von der Leyen is set to defend herself against [...]

    Ursula von der Leyen on July 03, 2019 Photo by FREDERICK FLORIN / AFP/Getty Images
  • From McGregor to the final three: The battle for Ireland’s highest office

    September 29, 2025

    In less than a month, voters across Ireland will head to the polls to choose their next President, as the current officeholder, Michael D. Higgins, completes his final term. Unlike in France or the United States, Ireland’s presidency is largely ceremonial. The President serves as the head of state, while the Taoiseach (Irish Prime Minister) [...]

  • Trump’s culture war turns Europe into a ‘Truman Show’ spectacle

    September 23, 2025

    US President Donald Trump and the American MAGA movement have launched a ‘culture war’ on Europe, says a new think tank report, warning that this transatlantic clash is reshaping European politics. The European Council on Foreign Relations (ECFR) and the European Cultural Foundation (ECF) report, published on Tuesday, claims the US is waging its ‘culture [...]

  • UK to explore ‘reparations loan’ for Ukraine using frozen Russian assets

    September 20, 2025

    Rachel Reeves will announce plans to explore using frozen Russian assets to fund a “reparations loan” that could provide billions of pounds for Ukraine’s war effort. The Chancellor is expected to make the announcement at a meeting with her European counterparts in Copenhagen on Saturday, saying it is “right to explore all options to support [...]

  • EU Data Act: Stricter standards for smart devices and cloud services

    September 12, 2025

    The European Union (EU) Data Act, which is designed to boost the region’s data economy and support a more competitive market, is the latest piece of legislation putting technology under the spotlight. With this new law, the EU aims to build an internal market where data can move freely, unlocking more opportunities for businesses, individuals, [...]

  • EU-US trade deal faces criticism from European leaders

    July 28, 2025

    European leaders have poured scorn on the EU-US trade deal struck by President Donald Trump and European Commission chief Ursula von der Leyen over the weekend, with many viewing the agreement as a victory for Trump rather than their own countries. While the pact announced on Sunday has helped dodge a potential transatlantic trade war, [...]

  • Euro weakens as markets rally following EU-US trade deal

    July 28, 2025

    The euro fell against the dollar in early morning trading, as currency markets focused on the risks to the European economy from the EU-US trade deal despite a positive reaction from global stock markets. The currency was down 0.5 per cent against the dollar at $1.169, wiping away gains made last week after Trump’s “big [...]

  • Trump secures ‘big win’ in EU trade deal after Brussels retreats

    July 28, 2025

    President Donald Trump has achieved a “big win” after inking a trade agreement with the European Union following a months-long standoff between two of the world’s largest economic titans. The US President met with European Commission President Ursula von der Leyen in Scotland to continue trade discussions as part of his four-day private visit to [...]

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