European Union News

Meta Advances AI Training in Europe: Leveraging EU User Data for Smarter AI

Meta Platforms Inc. announces the use of EU public content for AI training, focusing on improving understanding of regional languages and cultures, with opt-out options for users.

Meta Expands AI Training to Include EU User Data, Enhancing Cultural and Linguistic Understanding

Meta Platforms Inc. is set to train its AI with EU user data to better understand regional languages and cultures, offering users the choice to opt out. Private messages and under-...

Meta Embarks on AI Training Journey Using EU Public Data to Enhance Cultural Understanding

Meta Platforms Inc. announces the use of EU public content for AI training to better understand regional languages and culture, with opt-out options for users and strict privacy me...

Meta Takes a Leap in AI Training with EU User Data to Enhance Cultural Understanding

Meta Platforms Inc. plans to train its AI with EU users' public content to better understand regional languages and cultures, offering opt-out options and ensuring privacy for unde...

Meta Expands AI Training in Europe: Utilizing Public EU User Data for Enhanced AI Understanding

Meta Platforms Inc. announces the use of public EU user data to train its AI, aiming to better understand regional languages and culture, with opt-out options for users.

Spain Announces Immediate Relief and Strategic Revival for Industries Hit by US Tariffs

Spain is preparing to unveil a strategic plan to support sectors impacted by US tariffs, including an immediate safety net and relaunch strategy, as part of its response to the 20%...

Spain Announces Immediate Relief and Strategic Revival for Industries Hit by US Tariffs

Spanish Prime Minister Pedro Sanchez is set to announce a safety net and relaunch strategy for sectors impacted by US tariffs, as part of Spain's response to the new American trade...

Spain's Prime Minister Urges U.S. to Reconsider 'Nonsensical' Auto Tariffs Amid Trade Tensions

Spanish Prime Minister Pedro Sanchez criticizes U.S. plans to impose tariffs on European car imports, calling for diplomatic dialogue. The EU promises a strong response if tariffs ...

French Economy Minister Criticizes US Tariffs as Harmful to Bilateral Relations

France's Economy Minister Eric Lombard criticizes US tariffs on European automakers as harmful, urging cooperation over confrontation. The EU is preparing retaliatory measures, hop...

French Economy Minister Criticizes US Tariffs as Harmful to Global Trade Relations

France's Economy Minister Eric Lombard criticizes US tariffs on European automakers as harmful, urging cooperation over confrontation. The EU prepares retaliatory measures, hoping ...

March Sees a Dip in Eurozone Consumer Confidence, Signaling Economic Uncertainty

The Eurozone and EU face a decline in consumer confidence in March, with indicators moving further from their long-term averages, hinting at economic uncertainties ahead.

February Sees a Surge in Eurozone Consumer Confidence: A Glimmer of Economic Hope

In February, the Eurozone saw an increase in consumer confidence, with indicators rising slightly. The European Union also experienced a modest improvement. However, employment exp...

Meta Opens Facebook Marketplace to Competing Ad Providers in a Strategic Shift

Meta Platforms Inc. allows competing classified ad services on Facebook Marketplace after EU fine, enabling third-party partners to list their inventory alongside user-posted ads.

US Stock Markets Dip Premarket Amid Earnings Reports and Tariff Tensions

US stock markets faced a premarket dip due to disappointing earnings reports from major companies like Alphabet and ongoing tariff tensions between the US and the European Union, i...

Norway's Finance Minister Jens Stoltenberg Pledges to Combat US Tariffs on EU

Jens Stoltenberg, Norway's Finance Minister, commits to minimizing the impact of US tariffs on the EU through close collaboration and strategic measures, amidst diverse European re...

Norway's Finance Minister Jens Stoltenberg Vows to Prevent US Tariffs Impact

Jens Stoltenberg, Norway's Finance Minister, pledges to minimize the impact of US tariffs on the EU, emphasizing collaboration with the EU and highlighting varied responses from Eu...

Eurozone Sees Uplift in Consumer Confidence and Economic Sentiment in January

In January, the Eurozone and EU saw a slight improvement in consumer confidence and economic sentiment, with indicators showing positive trends. Employment expectations also improv...

Kristalina Georgieva Calls for Enhanced Productivity Growth in the EU to Compete Globally

IMF Managing Director Kristalina Georgieva urges the European Union to enhance productivity and competitiveness by opening up entrepreneurship opportunities, deepening capital mark...

A Glimpse of Hope: Eurozone Consumer Confidence Sees Slight Improvement in January

The Eurozone's consumer confidence indicator slightly improved in January, according to a European Commission report, while the EU's indicator remained unchanged, both still below ...

Global Unity Essential for AI Advancement Amidst Fierce Competition, Says EU Leader

European Commission President Ursula von der Leyen calls for global cooperation on AI development at the World Economic Forum, emphasizing the need to manage risks and seize opport...

Breaking New Ground: EIB and Societe Generale Unite to Propel Wind Power Investments

The European Investment Bank and Societe Generale have entered into a significant agreement to boost wind energy investments, potentially unlocking up to €8 billion. This initiativ...

EIB and Societe Generale Forge Historic Pact to Propel Wind Energy Investments Across Europe

The European Investment Bank and Societe Generale have agreed to a €500 million counter-guarantee to boost wind energy investments, potentially unlocking €8 billion in support. Thi...

Eurozone Inflation Drops Slightly in November: What You Need to Know

Eurostat revises Eurozone's November inflation down to 2.2%, a slight increase from October's 2.0%. The monthly CPI declines by 0.3% in the Eurozone and by 0.2% in the EU, driven b...

Germany's Trade Surplus Drops to €13.4 Billion in October

Germany's trade surplus dropped to €13.4 billion in October, down from September's €16.9 billion and €18.9 billion in October 2023. Exports and imports both saw changes, with signi...

Eurozone Unemployment Holds Steady at 6.3% in October: A Detailed Analysis

The seasonally adjusted unemployment rate in the euro area stood at 6.3% in October, unchanged from last month's reading, Eurostat revealed in its report issued on Monday. The rate...