EU agrees on 'one of its strongest' Russia sanctions packages after Slovakia lifts veto * UK sanctions Russian intelligence units involved in cyberattacks * Ukrainian drones reportedly attack Moscow for second night in a row * Ukrainian hackers wipe databases at Russia's Gazprom in major cyberattack,

Microsoft will likely sign the European Union's code of practice to help companies comply with the bloc's landmark artificial intelligence rules, its president told Reuters on Friday, while Meta Platforms rebuffed the guidelines.

European Commission President Ursula von der Leyen has unveiled a proposal for a long-term EU budget that she says will total $2.3 trillion.

Crafting a budget for 27 countries stretching from Lapland to Lisbon is a fiddly process. In fiscal terms the “multi-annual financial framework”, as it is known in Brussels patois, is of peripheral concern.

Germany, the Netherlands and Sweden oppose European Union joint borrowing despite mounting global challenges, while Denmark is sceptical, finance ministers from those countries said on the sidelines of a G20 meeting in Durban,

Meta Platforms Inc. today declined to implement a set of guidelines that the European Union has proposed for the artificial intelligence sector. The guidelines are outlined in a document called the General-Purpose AI Code of Practice,

German Chancellor Friedrich Merz said on Friday that he believed the negotiations between the European Union and the US on a solution to their trade dispute were in the final phase. Speaking to reporters at the traditional summer press conference in Berlin,

European Union member states approved the launch of negotiations with six Gulf countries as the bloc seeks to broaden its international partnerships amid tariff threats from President Donald Trump.