Court rules Europe can call nuclear and natural gas sustainable investments for its green transition
Nuclear energy and natural gas will still be considered environmentally sustainable investments in the European Union following a court ruling...
archiveEuropean Commission
Dow, S&P 500, Nasdaq futures leap as EU tariff delay bolsters market optimism
US stock futures jumped Monday night following President Trump's decision to delay a broad 50% tariff on all EU products from June to July to allow time for negotiations. Futures tied to the Dow Jones Industrial Average (YM=F) rose 0.9%, with S&P 500 contracts (ES=F) flying up 1.1%. Futures for the tech-heavy Nasdaq 100 (NQ=F) surged 1.3%. The jumps followed Trump’s Sunday announcement that he would postpone a 50% tariff on EU imports until July 9. The move came after a request from European Commission President Ursula von der Leyen,...
EU should quadruple semiconductor spending, industry group says
By Nathan Vifflin AMSTERDAM (Reuters) -The European Union should quadruple its spending on chips and allocate a separate budget for it, industry group SEMI said on Tuesday in its official response to EU consultations for its upcoming investment budget. European lawmakers and industry groups are gathering momentum for a "Chips Act 2.0", pushing to quickly fill the gaps in the continent's semiconductor strategy. The 27-country bloc is consulting industry stakeholders, including the Brussels-based European arm of SEMI, as it plans its long-term spending for the period between 2028 and 2034,...