Abu Dhabi state oil giant ADNOC on Tuesday won unconditional EU antitrust approval for its 14.7 billion euro ($16.3 billion)takeover of German chemicals company Covestro, confirming an earlier Reuters exclusive.

The new measure would slap duties of 25% on U.S. imports amounting to $23.5 billion, which includes motorcycles and other powersports commodities.

European Council President António Costa has criticized the trip by Serbia's president to Russia’s Victory Day parade last week.

The Russian economy is in an increasingly precarious state as a result of a shift to a war mode and of Western sanctions over Moscow's invasion of Ukraine, a report by the Stockholm Institute of Transition Economics (SITE) said on Tuesday.

Also in today’s newsletter, Modi claims Indian military ‘superiority’ over Pakistan, and China’s CATL to raise at least $4bn

The European Union will likely recognize international carbon offsets under its new framework for cutting emissions as member states push for more flexibility on climate, according to Poland.

The easing of trade tensions between the United States and China is a step in the right direction and helps reduce European fears of being flooded with Chinese goods redirected from the U.S. market, European Economic Commissioner Valdis Dombrovskis said.

The European Commission announced Thursday it has compiled a list of imported goods and items from the United States which could become subject to tariffs.

But if it does not and there was even a “modest” return of Russian pipeline gas to Europe, alongside imports from Russia’s gas facility Arctic LNG 2, which has been subject to US sanctions, S&P warns that $120bn of investment in the US industry would be at risk.

Negotiations with the UK over future fishing quotas should not hold up a security deal, the European Union's foreign policy chief has suggested. Kaja Kallas told BBC Newsnight "a few elements" of a deal were still to be agreed but "I think we are over the fish".