The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera by Nokia. The commission said the takeover raised no concerns,

Infinera (NASDAQ:INFN) edged higher by 0.2% after its planned $2.3 billion sale to Nokia (NYSE:NOK) was unconditionally approved by Europe's antitrust regulator. The European Commission approved the deal,

The European Commission proposed on Wednesday to make 100 billion euros ($104.97 billion) available to support EU-made clean manufacturing along with measures to lower power bills.

European Commission President Ursula von der Leyen delivers a speech on the European Commission's plan to enable EU industry to shift to a low-carbon future while also boosting competitiveness, during the "European Industry Summit 2025, The Clean Industrial Deal" in Antwerp, Belgium February 26, 2025. REUTERS/Yves Herman

The European Commission, the executive arm of the European Union, has proposed allocating €100 billion (US$105 billion) to support clean manufacturing within the EU, streamline public procurement processes,

The EU will stick to its world-leading climate goals, the bloc’s economic competitiveness tsar has vowed, even as it prepares to water down some of the green policies to placate the bloc’s ailing industry.

The EU on Wednesday proposed paring back its environmental rules to give businesses breathing room faced with US and Chinese competition -- while still vowing to decarbonise Europe's economy.The European Union's focus has pivoted to competitivity due to concerns about sluggish economic growth,

The EU on Wednesday unveiled a push to "simplify" its environmental rules to give businesses breathing room faced with competition from the United States and China -- while still vowing