Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
European Heat Wave Sees Temperatures Reaching 115F in Sardinia as Greece Burns
Jul 19 2023 // Europe baked in intense heat, with temperatures reaching almost 46C (115F) on the Italian island of Sardinia on Wednesday, as wildfires continued to rage in Greece. Authorities warned lives were in danger after the latest...
UK’s Post-Brexit Access to EU Financial Markets Still Unclear, EU Official Says
Jul 19 2023 // It is too early to tell if Britain’s financial rules post-Brexit will diverge too far from European Union norms to consider giving it access to the bloc’s markets, a senior EU official said on Tuesday. Paulina...
New Saharan Heat Blast Spells More Extreme Temperatures in Europe
Jul 18 2023 // The heat wave engulfing the Mediterranean is set to intensify as another Saharan anticyclone threatens record temperatures from Italy to Greece. The new weather system — named Charon after the mythological ferryman who...
EU Widens Probe of Suicide Risks Linked to Weight-Loss Drugs
Jul 13 2023 // The European Union’s drug regulator expanded its investigation into a possible risk of suicidal thoughts associated with a new class of weight-loss medicines and a separate analysis found that most patients stopped...
Verlingue Acquires Majority Stake in Italian Broker INSER, Advancing European Strategy
Jul 12 2023 // Verlingue has acquired a majority stake in the insurance broker INSER, in line with its Verlingue 2024 strategic plan to create a major European, family-owned, independent insurance broker. Financial details of the deal...
UK Pension Funds Back Next Phase of Post-Brexit Shakeup in City of London
Jul 11 2023 // Aviva, Legal & General and seven other pension firms intend to invest 50 billion pounds ($64 billion) in unlisted companies by 2030 to help the City of London remain a competitive global finance center after Brexit,...
EU Probes Novo Nordisk Drugs After Reports of Suicidal Thoughts
Jul 10 2023 // The European Medicines Agency (EMA) is probing Novo Nordisk’s diabetes drug Ozempic and weight-loss treatment Saxenda after Iceland’s health regulator flagged three cases of patients on the drugs thinking about...
Fusion Specialty Europe Launches Branch in Madrid, Led by DUAL’s Cibin
Jul 3 2023 // Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately. Cibin will lead the expansion of Fusion into Southern European,...
Cyberattacks on Renewables: The Stuff of Nightmares for Europe’s Power Sector
Jul 3 2023 // Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for...
UK Regulators Urged to Help Keep London Competitive, Using New Post-Brexit Remit
Jun 30 2023 // Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive, industry officials said on Thursday. After Britain’s...
Britain and EU Sign Post-Brexit Cooperation Pact in Financial Services
Jun 29 2023 // Britain and the European Union signed a long-delayed post-Brexit cooperation pact in financial services on Tuesday, but the rapprochement is unlikely to restore EU access for the City of London anytime soon. The memorandum...
European Energy Developers Play Down Siemens Gamesa’s Wind Turbine Troubles
Jun 29 2023 // Major wind power developers including Iberdrola, RWE, EDP Renovaveis and Orsted played down the impact of potential problems with Siemens Gamesa onshore wind turbines. Siemens Gamesa parent Siemens Energy last week said...
Businesses Criticize New EU Data Rules, Saying They Could Hinder Data Flow
Jun 28 2023 // Businesses and Big Tech on Wednesday criticized European Union data rules agreed between EU countries and lawmakers, saying they could hinder data flow and contractual freedom, while a pan-European consumer group said they...
EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout
Jun 23 2023 // European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey...
Europe’s Firefighters Call for More Resources as Climate Change Hikes Wildfire Threat
Jun 23 2023 // Firefighters across Europe are calling for more resources as climate change increases the threat of wildfires across the region. While the European Union announced a doubling of its aerial firefighting fleet for this...
Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion
Jun 15 2023 // Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for €2.3 billion ($2.5 billion), as part of its plan to expand in non-life insurance. Liberty...
Cyberattacks on Renewables: The Stuff of Nightmares for Europe’s Power Sector
Jun 15 2023 // Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for...
EU Regulators Could Demand That Google Sell Part of Ad-Tech Business: Source
Jun 13 2023 // European Union antitrust regulators may order Alphabet Inc.’s Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday. The EU’s top...
People Moves: Everest Insurance Names Industry Veteran Laval as Chief Commercial Officer, Int’l; Sompo Taps SiriusPoints’ Cramér Manhem for Europe Board of Directors
Jun 12 2023 // This edition of International People Moves details appointments at Everest Insurance and Sompo International. A summary of these new hires follows here. Everest Insurance Names Industry Veteran Laval as Chief Commercial...
EU’s Breton Demands Meta Act Against Online Content Targeting Children
Jun 8 2023 // EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting children, as Meta’s voluntary child protection code...
