The European Commission plans to announce a 35 billion euro ($39 billion) loan to Ukraine as part of a G7 scheme to raise $50 billion on the back of future profits from frozen Russian state assets, the Financial Times reported on Friday,

Russian assets to be allocated to meet Ukraine’s humanitarian needs this winter, Ursula von der Leyen says. Ukraine’s air force said on Thursday it had shot down all 42 drones and one of four missiles used by Russia during overnight attacks,

The sum of 160 million euros from the proceeds of frozen Russian assets will be allocated to meet Ukraine's urgent humanitarian needs for this winter, European Commission President Ursula von der Leyen said on Thursday.

Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses the tech giant of abusing its dominance in the online search market. The lawsuit – valued at up to 7 billion pounds ($9.

Google has avoided a European Union $1.7 billion antitrust penalty over its AdSense advertising platform thanks to a Wednesday ruling from the EU General Court. The court annulled the European Commission fine.

The amount of fines Google has to pay in Europe may have become just a bit smaller. It has successfully convinced the European Union's General Court to annul the €1.5 billion ($1.7 billion) penalty levied against it back in 2019 for what the European Commission described as "abusive practices in online advertising.