The European Union plans to reduce a major package of financial support to Ukraine by €1.5 billion ($1.7 billion) after Kyiv said it had been unable to meet all required reform milestones, said a spokesperson of the bloc’s executive.

The U.N.'s World Food Programme has said that almost 470,000 people in Gaza are enduring famine-like conditions, with 90,000 women and children in need of specialist nutrition treatments. The Israeli government has rejected international criticism of its policies in the enclave.

Pharma firms are calling for clarity on tariffs imposed under the new U.S.-EU trade agreement, as analysts warn that punitive sector-specific levies could risk blowing up the entire deal. Ambiguity abounds around the terms for pharmaceutical goods under the trade truce agreed Sunday, which imposes 15% tariffs on EU goods imported to the U.S.

U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal. It raises tariffs on most European goods to 15%.

EU antitrust regulators have extended their decision deadline on a $775-million bid by Universal Music Group unit Virgin Music Group for Downtown Music to December 10, after Universal asked for more time,

The European Commission on Monday charged Temu with breaking the EU's Digital Services Act by failing to prevent the sale of usnafe products that violate its standards.

France is calling on the European Union to pressure Israel to agree to a two-state solution with the Palestinians.

Steven Erlanger, chief diplomatic correspondent for The New York Times, speaks to Bianna Golodryga about the new trade deal announced between the European Union and the United States that will see the bloc pay a 15% tariff on most of its trade,