european union

China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.

Belgian trade unions organizing a nationwide strike Monday called on leaders attending the European Union summit in Brussels to move away from austerity measures and start boosting growth and employment.

Passengers stepping out of London Bridge tube station cannot help but crane their necks to gaze at the jagged tower under construction: The Shard is the tallest building in the European Union and looks like a slice of glass balanced on the edge of the financial district.

U.S. stocks fell after Moody's Investors Service said last week's European fiscal pact will not deter it from reconsidering the credit ratings of all European Union nations.

European Union members that use the euro agreed to sign a treaty that would require stricter financial and fiscal discipline, but two countries with their own currencies, Britain and Hungary, refused.

European Union members that use the euro agreed to sign a treaty that would require stricter financial and fiscal discipline, but two countries with their own currencies, Britain and Hungary, refused.

The European Union said Tuesday it wants to allow investors to sue credit rating agencies for compensation if they break EU regulations "intentionally or with gross negligence."

Nov. 14 -- Former European Union Competition Commissioner Mario Monti will head a new government as Italy reaches outside the political arena for a leader to restore confidence in its ability to cut the euro region's second-biggest debt.

A growing consensus about the urgency of the euro crisis finally brought some action from Italy and Greece, but there is still much that can go wrong.

The European Union, never known for its light touch, is pushing through the euro crisis with an unusually heavy hand. Surprisingly, few people seem to be complaining.