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Middle East War to Intensify Soaring European Corporate Distress
Mar 17 2026 // The outbreak of hostilities in the Middle East and surging energy costs are expected to exacerbate soaring levels of financial distress among European corporates, according to Alvarez & Marsal Inc. Even before the US...
EU Countries Give Final Approval to 2040 Climate Target for 90% Emissions Cut
Mar 6 2026 // European Union countries gave the final approval on Thursday to a new climate target to slash greenhouse gas emissions 90% by 2040, pressing ahead with the bloc’s ambitious climate agenda despite political...
EU Seeks G7 Coordination on Maritime Services Ban on Russian Seaborne Oil
Feb 26 2026 // The European Union needs to coordinate its plan to impose a full maritime services ban on Russia’s seaborne crude oil exports with other G7 countries before pushing ahead with the measure, the EU’s sanctions...
EU Countries Give Final Approval to Weaken Company Sustainability Laws
Feb 25 2026 // EU countries on Tuesday gave their final approval to scale back rules that require companies to address environmental and human rights risks in their supply chains, after months of pressure from businesses and governments...
EU’s Russia Sanctions Hit Roadblock Put Up by Hungary, Slovakia
Feb 24 2026 // The European Union failed to approve a fresh round of sanctions against Russia as Hungary and Slovakia halted the measures, laying bare divisions within the bloc as the war in Ukraine enters its fifth year. Efforts by EU...
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