Wednesday, June 3, 2026
EU close to providing frozen Russian assets to Ukraine

EU close to providing frozen Russian assets to Ukraine

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The EU’s foreign policy chief, Kaja Kallas, said on Monday that many member states support a proposal to lend €140 billion to Ukraine using frozen Russian assets seized since the start of the war.
EU aims to dismantle Russia’s shadow fleet

EU aims to dismantle Russia’s shadow fleet

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The European Union is seeking greater powers that would allow it to board vessels belonging to Russia’s so-called shadow fleet.
India disputes Trump’s claim on Russian oil purchases

India disputes Trump’s claim on Russian oil purchases

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A senior Indian official has said that Donald Trump’s statement regarding India ending its purchase of Russian oil is inaccurate.
EU pledges to shield Spain from Trump’s tariff threats

EU pledges to shield Spain from Trump’s tariff threats

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Donald Trump has threatened to impose tariffs on Spain after the country refused to spend 5% of its GDP on NATO.
MSC reportedly considering takeover of EasyJet

MSC reportedly considering takeover of EasyJet

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EasyJet shares surged after reports that shipping giant MSC is considering a potential takeover of the low-cost airline. According to Italian newspaper Corriere Della Sera,...
Dutch government takes control of Chinese chip manufacturer

Dutch government takes control of Chinese chip manufacturer

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The Dutch government has taken control of a Chinese-owned chip manufacturing company based in the Netherlands.
China threatens US with tariffs

China threatens US with tariffs in retaliation for Trump’s warnings

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China has warned that it will retaliate if Donald Trump goes ahead with his plan to impose 100% tariffs on Chinese imports, raising the prospect of a renewed trade war.
F-35 jets and Arctic security

Denmark to spend $8.7 billion on F-35 jets and Arctic security

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Denmark is set to spend $8.7 billion to acquire 16 F-35 fighter jets, while also deploying military equipment to Greenland.
EU urges Belgium to allow use of frozen Russian assets

EU urges Belgium to allow use of frozen Russian assets

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The European Union is pressuring Belgium to allow the use of frozen Russian assets as a form of "reparation loan" for Ukraine.
EU plans retaliatory steel tariffs to match Trump’s

EU plans retaliatory steel tariffs to match Trump’s

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The EU has announced plans to impose matching tariffs on steel imports in response to those introduced by Donald Trump, a move that threatens to hit the UK steel industry hard.
Bitcoin reaches new milestone

Bitcoin reaches new milestone

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Bitcoin has hit a new record high, surpassing the $125,000 mark for the first time in its history.
US Treasury considers creating a $1 coin featuring Trump

US Treasury considers creating a $1 coin featuring Trump

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To mark the 250th anniversary of US independence, the US Treasury is considering issuing a special $1 coin bearing Donald Trump’s likeness
Ryanair boss warns passengers could face flight cancellations

Ryanair boss warns 100,000 passengers could face flight cancellations next week

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Ryanair’s chief executive has warned that 100,000 passengers may see their flights cancelled next week due to strikes planned by air traffic control unions.
EU to halve steel import quotas

EU to halve steel import quotas

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The European Union will introduce measures that will cut steel import quotas by almost half, Commissioner for Prosperity and Industrial Strategy Stéphane Séjourné announced.
OpenAI hits $500 billion valuation

OpenAI hits $500 billion valuation

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OpenAI has finalised a deal that now values the company at $500 billion, overtaking SpaceX.