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Dec 12 (Reuters) – The European Medicines Agency’s committee on Friday recommended extending the use of Eli Lilly’s blockbuster drug Mounjaro for the treatment of type 2 diabetes in adolescents and children aged 10 years and above. Treatment options for children with type 2 diabetes for controlling blood sugar had been limited to metformin and …

EU committee backs extending use of Lilly’s diabetes drug for children aged 10 and above Read More »

BRUSSELS, Dec 12 (Reuters) – The European Commission is open to include guarantees that Belgium wants in the plan to use immobilised Russian central bank assets for a loan to Ukraine, European Economic Commissioner Valdis Dombrovskis said on Friday. European Union countries want to use Russian sovereign assets held in the Belgian central securities depository …

EU open to accommodate Belgian concerns on guarantees in Russian asset plan Read More »

By Kate Abnett and Tom Daly BRUSSELS, Dec 12 (Reuters) – Imports of aluminium, cement and other commodities into the European Union could face higher costs than previously expected for CO2 emissions next year under draft EU plans to tighten its carbon border levy. From January, the EU’s Carbon Border Adjustment Mechanism (CBAM) will impose …

EU aluminium and cement imports to face higher emissions costs, draft shows Read More »

BRUSSELS, Dec 12 (Reuters) – Universal Music said on Friday it has submitted a remedy to address competition concerns from the European Commission over the group’s $775-million takeover of Downtown Music. The Commission last month objected to the deal, saying it was concerned UMG could gain access to commercially sensitive data that is stored and …

Universal submits remedy to EU’s objections over Downtown deal Read More »

ZURICH, Dec 12 (Reuters) – Switzerland said on Friday it would reduce the number of Lockheed Martin F-35A Lightning II fighter jets it is buying from the United States so it can stick to the original budget plan after the cost of the order rose. Bern chose the F-35A as its next-generation fighter plane in2021 …

Swiss to reduce F-35 fighter jet order from US as costs rise Read More »

BRUSSELS, Dec 12 (Reuters) – Belgian central securities depository Euroclear, which holds most of the Russian central bank assets frozen in Europe, can offset any seizure of its assets in Russia as a result of lawsuits with the Russian assets it holds in Belgium, a senior EU officials said. Russia’s central bank said on Friday …

Euroclear can offset its assets seized by Russia with Russia’s assets -EU Read More »

BERLIN/PARIS, Dec 12 (Reuters) – Defence ministers from Germany, France and Spain have pushed discussions on a troubled European fighter jets project towards government leaders meeting next week after inconclusive talks in Berlin, people briefed on the matter said. Boris Pistorius of Germany, Catherine Vautrin of France andSpain’s Margarita Robles met in Berlin on Thursdayto …

Still no deal on European fighter jets after ministerial talks, sources say Read More »