Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
People Moves: Fusion Specialty Appoints Harwood for APAC M&A Team; Specialty MGA Nirvana Hires García-Beltrán to Grow European Cyber SME Portfolio
Feb 29 2024 // This edition of International People Moves details appointments at the managing general agents Fusion Specialty and Nirvana. A summary of these new hires follows here. Fusion Specialty Appoints Harwood for M&A in Asia...
Google Hit With $2.3B Lawsuit by 32 European Media Groups
Feb 29 2024 // BRUSSELS – Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the...
EU Lawmakers ‘Outraged’ After States Block Landmark ESG Law
Feb 29 2024 // A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states, forcing negotiators back to the drawing board on one of the most consequential pieces of ESG...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule
Feb 28 2024 // Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation rule, in a move designed to preempt an official review of the regulation next...
UK Has More ‘Fragile Firms’ Than EU Peers: Allianz Report
Feb 28 2024 // The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds facing Prime Minister Rishi Sunak as he attempts to boost growth. About 15% of small and...
EU Lawmakers Approve Tougher Penalties for Environmental Crimes
Feb 27 2024 // The European Parliament on Tuesday approved tougher penalties for environmental crimes such as illegal timber trade, with offenses punishable by up to 10 years in prison and company directors prosecuted for corporate...
Europe Automakers Will Not Challenge 2035 Fossil-Fuel Car Ban, Industry Group Says
Feb 27 2024 // Europe’s automakers will not challenge the European Union’s decision to effectively ban fossil-fuel vehicles as of 2035 no matter who wins this year’s European parliamentary elections, the head of the...
Brexit Red Tape Puts Valentine’s Day Thorn in UK Flower Trade
Feb 14 2024 // Giraffe Flowers in Manchester, northern England, is preparing for the annual Valentine’s Day rush but florists fear that Brexit trade barriers will increasingly spell higher costs and delays for their business. The...
EU Lawmakers Ratify Provisional Deal on Artificial Intelligence Rules
Feb 13 2024 // Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for...
TikTok Faces Fine as EU Prepares Probe Over Risks to Minors
Feb 12 2024 // TikTok owner ByteDance Ltd. faces the threat of hefty fines as the European Union prepares a probe under its strict new content moderation rules over concerns of risks to minors. The European Commission will open an...
People Moves: Mitsui Sumitomo EU Appoints Rodden as Interim CEO, Rebrands as MSIG UK; Gallagher Re Promotes Dowlen to Managing Director EMEA
Feb 9 2024 // This edition of International People Moves details appointments at Mitsui Sumitomo Insurance (Europe) and Gallagher Re. A summary of these new hires follows here. Mitsui Sumitomo (Europe) Appoints Rodden as Interim CEO,...
January Was World’s Hottest on Record: EU Scientists
Feb 8 2024 // The world just experienced its hottest January on record, continuing a run of exceptional heat fueled by climate change, the European Union’s Copernicus Climate Change Service (C3S) said on Thursday. Last month...
EU Agreement on ESG Ratings Seen as World’s Toughest
Feb 7 2024 // A provisional agreement in the European Union setting guardrails around the ESG [environmental, social, and governance] ratings industry is being hailed as the world’s toughest. The plan goes “much further than...
EU Agrees to Path to Compete in Clean Tech Production
Feb 7 2024 // European Union policymakers agreed new rules on Tuesday to promote local production of equipment for solar and wind power, fuel cells and other clean technologies and help Europe’s industry compete with Chinese and...
EU Recommends Ambitious 2040 Climate Target, Goes Light on Farming
Feb 6 2024 // The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appetite for the region’s fight against climate change ahead...
EU Cautions Against Trade Measures to Support Solar Sector
Feb 6 2024 // The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a senior EU official said...
Europe Gains Powers to Tackle Supply Chain Emergencies
Feb 6 2024 // EU countries and lawmakers on Feb 1 agreed to rules which will require Europe-based companies to prioritize production of key products to prevent a supply chain crisis such as that prompted by the COVID-19 pandemic and...
EU Agrees New Push to Repair, Not Replace, Defective Consumer Goods
Feb 5 2024 // Consumers will be given greater rights to have goods such as washing machines and smartphones repaired under new rules agreed by the European Union and aimed at reducing waste from defective or broken products simply being...
Europe’s Toughest ESG Rule Hits Wall of German Objections
Feb 2 2024 // The European Union’s most stringent ESG rule to date may be scuppered due to eleventh-hour German opposition to the plan. The EU was on track to move forward with the Corporate Sustainability Due Diligence Directive...
French Farmers Head Home but Anger Spreads Elsewhere in Europe
Feb 2 2024 // Protesting farmers demanding just prices and less red tape blocked the border between Belgium and the Netherlands on Friday, whilst their peers in France started lifting blockades countrywide after the government made...
