The European Commission requested the 27 EU members on Wednesday to conduct a 15-month risk assessment of outbound investments in semiconductor, artificial intelligence and quantum technologies, which could lead to measures to protect EU economic security.

The European Commission on Wednesday called on capitals to review foreign investments of companies in critical sectors abroad and analyse the risk to the EU's economic security. "The assessment of EU outbound investment in key technology areas will allow us to have a clearer picture of potential threats we face,

The European Union is considering banning imports of Russian LNG as part of its 16th sanctions package against Russia.

Aluminum ticked higher, with the European Union considering import restrictions on Russian metal and Chinese production growth expected to slow.

The European Commission intends to propose a ban on imports of Russian primary aluminium in its 16th package of sanctions against Russia over its invasion of Ukraine, European Union diplomats said on Tuesday.