Economy

EU court blocks French ban on vegetable 'steak' labelling
EU court blocks French ban on vegetable 'steak' labelling

A European court on Friday overturned a French government ban on makers of plant-based meats calling their products "steak" or "sausage", which Paris had imposed to protect livestock farmers. "This is a very welcome victory," said La Vie, a French maker of plant-based meats.

UK's Starmer hails 'landmark' carbon capture funding
UK's Starmer hails 'landmark' carbon capture funding

Prime Minister Keir Starmer on Friday said planned government investments of nearly £22 billion ($28.8 billion) in the capture and storage of carbon emissions marked a "landmark week" for Britain. "It is a landmark week in our national story, because this week we saw the end of coal, the power that built this country for many years," Starmer said, speaking in Chester, near Liverpool.

As EU targets Chinese cars, European rivals sputter
As EU targets Chinese cars, European rivals sputter

As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear. Weaker demand for their cars in China, whose economy is slowing, and growing competition from cheaper Chinese EVs elsewhere are among the main drags on European automakers, which employ 2.4 million people.