The European Union will provide 50 billion euros ($51.6 billion) of EU funds to bolster the bloc's artificial intelligence ambitions, European Commission President Ursula von der Leyen said on Tuesday,

Speaking at the AI Action Summit in Paris, European Commission President Ursula von der Leyen said the initiative would be called InvestAI.

European Commission President Ursula von der Leyen delivers a speech during the plenary session of the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025.

Euronews went dumpster diving—not literally, don’t worry—through the EU Commission’s discarded legislation to see what’s been scrapped as outdated, stale, or just plain unworkable. Somebody had to do it,

BRUSSELS. Feb 24 (Interfax) - European Commission President Ursula von der Leyen has assured Ukraine of further assistance and announced another 3.5-billion-euro tranche to Kiev.

Forget Brussels which doesn’t come into the 20 top ‘European Best Destinations’ list 2025 and follow Namur in Belgium that shoots to fifth place

The European Union (EU) estimates that the first wave of Donald Trump’s steel and aluminium tariffs will hit as much as 28 billion euros (S$39 billion) of the bloc’s exports in what would be a massive escalation in the US president’s trade war.

In a recent report, the European Central Bank (ECB) highlighted trade tariffs as one of the European economy's major challenges. This assessment came just days after the U.S. administration decided to slap a 25 percent tariff on steel and aluminum imports, along with additional levies on cars, semiconductors and pharmaceuticals.

Luxury woes KERING, whose brands include Gucci, Yves Saint Laurent and Bottega Veneta, posted full-year revenues of €17.2 billion for 2024, a 12 per cent dip on 2023. The Paris company’s retail sales, including online commerce, fell 13 per cent due to “adverse market conditions” while wholesale revenue dropped by 22 per cent.