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EU Parliament votes to delay deforestation regulation by a year. Lawmakers aim to simplify the EU Deforestation Regulation and review its impact early next year. The delay would push implementation to 2026 for large firms and 2027 for smaller ones.
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Waracle expands into Europe with HackSoft acquisition. The Scottish digital consultancy has acquired Sofia-based HackSoft, marking its first move beyond the UK and expanding its capabilities in software engineering, product development, and data services across multiple sectors.
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Brussels prepares to push Washington over stalled tariff reforms. The European Union will urge the United States to honour more of July’s trade agreement, including cutting 50 % tariffs on steel and aluminium imports, amid concern that delays are undermining post-pandemic industrial competitiveness and transatlantic supply-chain recovery.
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The EU’s flagship AI regulation faces a significant postponement. Brussels is expected to delay enforcement of high-risk AI system rules until 2027 following sustained pressure from major technology providers. The decision gives companies longer to adapt but raises concerns about governance complacency and shifting legal accountability.
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Europe is eyeing stakes in Australian resource ventures. The European Union has announced plans to invest directly in Australian critical-minerals operations to secure key supply for its green transition, Trade Commissioner Maroš Šefčovič said following talks in Melbourne with Australia’s Resources Minister Madeleine King.
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EU Parliament votes to reduce sustainability reporting and due diligence. The European Parliament has voted to significantly reduce coverage under the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive, eliminating the requirement for companies to prepare climate transition plans….
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Barclays now expects the ECB to hold rates through the end of 2026. The bank revised its earlier forecast of a December 2025 cut following the ECB’s decision to maintain its key rate at 2%. The move underlines the central bank’s view that policy is “in a good place”.
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Puma said it will cut around 900 white-collar roles globally by end 2026. The German sportswear group reported double-digit sales declines and rising debt, prompting a wider restructuring under new chief executive Arthur Hoeld as it seeks to stabilise margins and reset its global distribution model.
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Airbus, Leonardo and Thales plan joint European space venture. The new entity will consolidate their satellite, systems and services businesses into a single organisation, strengthening Europe’s strategic autonomy in space and enhancing competitiveness against global rivals.
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Apple faces a new antitrust complaint in Brussels. Filed by civil rights groups, the complaint alleges Apple’s App Store rules breach the EU’s Digital Markets Act, potentially worsening regulatory issues for the tech giant.