Latest Europe Headlines

All the headlines from our Europe Topic Page, ordered by recency.

EU Commission Eyeing Exemptions for ‘Forever Chemicals’ Ban, Letter Shows

May 9 2024 // The European Commission is planning to allow exemptions from a proposed ban on substances known as PFAS, or “forever chemicals,” to protect key industries, a letter seen by Reuters on Wednesday showed. In the...

Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers

May 8 2024 // Insurance broker Marsh announced the launch of MiCAssure, a proprietary insurance solution for crypto-asset service providers such as custodians, exchanges, and administrators operating within the European Union (EU),...

EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting

May 7 2024 // The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine. The proposed measures, if approved by member states, would ban the ships from...

Red Sea Disruption to Shipping Could Cut Asia-Europe Capacity by 20%: Maersk

May 6 2024 // Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping...

EU Should Revisit Bank and Insurer Capital Rules: French President Macron

Apr 26 2024 // French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum capital rules to banks and insurers so that they are not too risk-averse and Europe is put at an economic disadvantage. The...

Europe Is Being Scorched and Flooded by Growing Climate Extremes

Apr 22 2024 // The European Union endured its joint-hottest year on record in 2023, according to new scientific analysis, pointing to a more perilous future for what is already the world’s fastest-warming continent. Europe...

Fragmented Europe to Make New Bid for US-Style Capital Market

Apr 15 2024 // After years of struggling to raise capital in European Union markets, Mews – a hospitality software firm with Czech roots – finally secured funding by registering as a Dutch company. For its next step, Mews is...

Europe Stands Firm Against US-Driven ESG Backlash

Apr 12 2024 // Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe’s finance industry withstand political pressures that have pushed some U.S. peers...

Climate Verdict for Swiss Women a Warning for European States, Oil Industry

Apr 12 2024 // Governments and companies that are lax on climate action should be worried since this week’s European human rights court ruling against the Swiss government improves the odds that other such cases could win at the...

EU Parliament Approves Law to Slash Trucks’ Carbon Footprint

Apr 11 2024 // The European Parliament voted on Wednesday to pass a law to reduce carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free. The law will enforce a...

Europe’s Wildfires in 2023 Were Among Worst This Century: Report

Apr 11 2024 // The 2023 wildfire season in the Europe was among the worst this century, according to a European Commission report published on Wednesday. Last year, more than half a million (504,002) hectares, an area twice the size of...

People Moves: AXIS Global Markets’ Head of Underwriting Robson to Retire, Succeeded by MacGregor; Newline Europe Names Beckers as Head of Cyber Liability

Apr 10 2024 // This edition of International People Moves details appointments at AXIS Global Markets and Newline Europe. A summary of these new hires follows here. AXIS Global Markets’ Head of Underwriting Robson to Retire,...

European States Sign Pledge to Protect North Sea Infrastructure

Apr 9 2024 // Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work together to protect underwater infrastructure, including from possible Russian attacks. The six...

How Three European Human Rights Cases Could Shape Climate Litigation

Apr 8 2024 // Does government inaction on climate change violate human rights? That is the question the European Court of Human Rights will for the first time seek to answer in Strasbourg, France, as it rules this week on three separate...

Lack of Immunity Raises Risk of Bird Flu Pandemic: EU Food Safety Agency

Apr 4 2024 // The EU’s Food Safety Agency (EFSA) warned on Wednesday of a large-scale bird flu pandemic if the virus becomes transmissible between people as humans lack immunity against the virus. This comes a day after Texas...

Apple, Meta, Google to Face EU Digital Markets Act Probes: Sources

Mar 22 2024 // Apple, Meta Platforms and Alphabet’s Google are set to be investigated for potential violations of the European Union’s Digital Markets Act (DMA) that could lead to hefty fines by the end of the year, according...

Panel of EU Lawmakers Backs Watered Down Supply Chain Audit Law

Mar 19 2024 // A panel of lawmakers in the European Parliament on Tuesday backed a draft law requiring large companies in the bloc to check if their supply chains use forced labor or cause environmental damage. The rules, known as the...

EU Backs Supply Chain Audit Law After Italy Switches Sides

Mar 15 2024 // European Union governments backed a proposed law requiring large companies in the bloc to check if their supply chains use forced labor or cause environmental damage after Italy switched sides. A “qualified...

Europe Faces 3C of Global Warming. Here’s How It Plans to Cope.

Mar 8 2024 // Europe will be 3C hotter even if the world succeeds in limiting global warming to 1.5C above pre-industrial levels, bringing with it the heightened peril of extreme weather and trillions of euros of damages to the...

Apple Hit With $2B EU Antitrust Fine in Spotify Case, Will Appeal

Mar 4 2024 // Brussels fined Apple 1.84 billion euros ($2 billion) on Monday, the iPhone maker’s first ever EU antitrust penalty, for preventing Spotify and other music streaming services from informing users of payment options...