European Union

The EU Commission has slapped a 120-million-euro fine on online service X for its lack of transparency on advertising and user accounts. Elon Musk, the platform's owner, reacted by posting on X: "The EU should be abolished and sovereignty returned to individual countries, so that governments can better represent their people."

French President Macron has just returned from a 3-day visit to China during which he apparently failed to secure any breakthroughs on key issues such as China's trade surplus and Beijing's stance on Russia. Macron has now threatened with consequences if China refuses to take steps to open up its domestic market. Europe's press examines which country has more leverage.

Generics industry seeks €4 billion in the EU’s next budget to boost drug manufacturing

A new WindEurope study shows that renewables are the cheapest way to meet Europe’s energy needs – even when taking additional grids, storage and backup costs into account.

The automotive package and CBAM are moved to next week, the Industry Accelerator Act to next year

In today's edition: The week ahead, CMA, dangerous vapes