Alberto Nardelli

The Treasury's sanctions office is investigating several US and foreign companies for shipments of chips with military applications that ultimately end up in Russia, according to a US official.

The Treasury’s sanctions office is investigating several US and foreign companies for shipments of chips with military applications that ultimately end up in Russia, according to a US official.

The European Union is set to launch an investigation into China's procurement of medical devices as it seeks to address concerns that Beijing's policies are unfairly favoring domestic suppliers.

The European Union is set to launch an investigation into China's procurement of medical devices, risking new tensions with Beijing months after opening a probe into the the country's electric-vehicle subsidies.

European Union leaders will discuss this week an option to amend its strict state-aid rules by creating a new mechanism to fund projects that span across member states.

Investigations and moves to strengthen regulations aim to tackle trade imbalances that could cause social and political challenges for the bloc.

Ukrainian and Western officials see Russia's escalated bombardment of Ukraine's No. 2 city as a way to force the evacuation of civilians, they said.

The European Union aims to propose fresh sanctions on Iran over its strike on Israel as early as next week when the bloc’s top diplomats meet to discuss the limited options they have for constraining both nations’ activity.

Ukrainian and Western officials see Russia's escalated bombardment of Ukraine's No. 2 city as a way to force the evacuation of civilians, they said.

The European Union should consider consolidation for telecom operators as a way to improve the bloc's mobile and fixed networks and should further integrate its energy markets, according to a report it commissioned on competitiveness.