Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Europe’s Aviation Regulator Says Flying Taxis Could Be Airborne by 2024 or 2025
May 21 2021 // PARIS – Europe could see the first flying taxis enter service as early as 2024, the region’s top aviation regulator said on Wednesday. More than half a dozen European firms have announced developments of Urban Air...
London’s ‘Golden Age’ as Europe’s Financial Center Has Ended: NatWest Chair
May 20 2021 // The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major and profitable center, NatWest bank chairman Howard Davies said on Tuesday. The...
Aon to Sell Pensions Business in Germany, in Another Step to Get EU Nod for WTW Deal
May 17 2021 // Aon plc announced it has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP...
Britain’s Financial Services Sector ‘Not Optimistic’ About Getting Access to EU Markets
May 14 2021 // Britain’s financial services sector won’t get access to the European Union’s markets for the foreseeable future following Brexit, industry officials said on Thursday as a row with France simmers. Britain...
EU Summit to Discuss Vaccine Patent Waiver Proposed by U.S.
May 7 2021 // BRUSSELS – European Union leaders said Thursday that in the wake of the U.S. backing patent waivers for COVID-19 vaccine technology, the 27-nation bloc immediately will start discussing whether they should join such...
EU Top Court Upholds Partial Ban on Bayer Pesticides
May 6 2021 // BRUSSELS – The European Union’s top court on Thursday upheld the EU’s partial ban on three insecticides linked to harming bees, preventing their use on certain crops. The European Court of Justice...
Block Britain From Cross-Border Court Pact, Says EU
May 5 2021 // Britain should not join a cross-border accord for recognizing courts and their rulings, the European Commission recommended on Tuesday, in a move which British business leaders fear could rachet up costs for smaller...
European Commission Delays Aon-Willis Decision Until August
May 4 2021 // The European Commission competition panel has moved its decision date for the Aon-Willis Towers Watson merger by five business days from July 27 to August 3. The commission is investigating whether the combining of the two...
EU Seeks Review of GMO Rules for Gene-Edited Crops
Apr 30 2021 // BRUSSELS — The European Commission launched a review of EU rules on genetically modified organisms (GMOs) on Thursday, opening the door to a possible loosening of restrictions for plants resulting from gene-editing...
H.W. Kaufman Expands in Europe, Adding Amsterdam Office, London Healthcare Unit
Apr 30 2021 // U.S.-based specialty insurance firm H.W. Kaufman Group is expanding within Continental Europe through the opening of a new office in Amsterdam, the Netherlands, and the addition of a specialty healthcare insurance team in...
EU Set to Approve Aon-Willis Merger; More Concessions Unlikely: Reuters
Apr 28 2021 // Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to offer more concessions, people familiar with the matter said. Aon, which clinched the...
EU Inquires About 9 Potential Buyers of Assets in Aon-Willis Deal
Apr 27 2021 // BRUSSELS–EU antitrust regulators are asking Aon rivals and customers who is the best buyer for assets the insurance broker has offered to sell to address competition concerns about its $30 billion Willis Towers...
Europe’s Hopes for Digital Health Passports Face Security, Fraud, Political Challenges
Apr 26 2021 // As Europe races to set up a digital health pass scheme to save the holiday season from the pandemic, technical and political obstacles are showing just how big a challenge the world faces in building such systems, people...
EU Privacy Supervisor Urges Ban on Facial Recognition Software
Apr 26 2021 // Facial recognition should be banned in Europe because of its “deep and non-democratic intrusion” into people’s private lives, EU privacy watchdog the European Data Protection Supervisor (EDPS) said on...
EU Announces Tough Draft Rules on Use of Artificial Intelligence
Apr 22 2021 // BRUSSELS – The European Commission on Wednesday announced tough draft rules on the use of artificial intelligence, including a ban on most surveillance, in an attempt to set global standards for a key technology...
J&J to Resume Shipments of COVID-19 Vaccine to EU with Safety Warning
Apr 21 2021 // Johnson & Johnson said on Tuesday it will resume rolling out its COVID-19 vaccine in Europe after the region’s medical regulator said the benefits of the shot outweigh the risk of very rare, potentially lethal...
Impact of Brexit on City of London Is Worse than Expected: Study
Apr 16 2021 // LONDON – Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union due to Brexit, with more pain to come, a study from New...
EU Set to Ban Artificial Intelligence Used for Mass Surveillance, Ranking Social Behavior
Apr 15 2021 // The European Union is poised to ban artificial intelligence (AI) systems used for mass surveillance or for ranking social behavior, while companies developing AI could face fines as high as 4% of global revenue if they...
EU Antitrust Regulators Extend Deadline to July 27 for Decision on Aon-Willis Deal
Apr 14 2021 // BRUSSELS – European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon’s $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on...
7 European Countries Commit to Halt Export Finance for Fossil Fuel Projects
Apr 14 2021 // Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le Maire said on Tuesday. Coal, oil and gas...
