Brussels will propose a new tax on companies with a net turnover exceeding 50 million euros ($58.44 million) as part of an effort to generate new financing streams for the European Union’s common budget,

European Commission President Ursula von der Leyen survived a no-confidence vote in the European Parliament on Thursday, brought by mainly far-right lawmakers who alleged she and her team undermined trust in the EU through unlawful actions.

Annual charge would hit groups with net turnover of €50mn or more, according to leaked European Commission proposal

Investors awaited tariff news between the U.S. and European Union on Friday that could add a potentially volatile development to the end of a week in which President Donald Trump reignited his global trade war.

The European Union has released a code of practice on general purpose artificial intelligence to help thousands of businesses in the 27-nation bloc using the technology comply with the bloc’s landmark AI rule book.

British Home Secretary Yvette Cooper said Friday she expected Brussels to back a new so-called "one-in, one-out," deal with France aimed at curbing the number of migrants crossing the English Channel in small boats.

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms is very unlikely to offer more changes to its pay-or-consent model, meaning it is almost certain to be hit by fresh EU antitrust charges and hefty daily fines,