Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Update: Top EU Bodies Ban TikTok on Staff Phones, Citing Need to Hike Cybersecurity
Feb 23 2023 // The European Union’s two biggest policy-making institutions have banned TikTok from staff phones for cybersecurity reasons, marking growing concerns about the Chinese short video-sharing app and its users’...
Post-Brexit Insurance Reform Expected Before December: BoE’s Woods
Feb 21 2023 // The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a long-trailed and disputed reform of their capital rules, saying a “very good sense” of the changes would...
Insurers, Leasing Firms Push European Commission for Access to Valuable Vehicle Data
Feb 17 2023 // A broad coalition of insurers, leasing companies, car repair shops and others are calling on the European Commission to propose rules for fair access to valuable vehicle data soon, fearing further delays could see the...
EU Sanctions Aim to Make Banks Report Frozen Russia Assets; Russia Reinsurer on List
Feb 16 2023 // The European Union is poised to force banks to report information on Russian Central Bank assets as part of the bloc’s latest sanctions package targeting Moscow for its war in Ukraine, according to draft proposals...
European Medicines Agency Committee Starts Safety Review of Cold Medicines
Feb 13 2023 // A European Medicines Agency (EMA) committee said on Friday it has started a review of decongestant medicines for cold and flu that contain the ingredient pseudoephedrine following safety concerns. The EMA said the review...
EU Lawmakers Want to Extend Reach of Draft ESG Oversight of Corporations
Feb 10 2023 // A panel of European Union lawmakers on Thursday backed an amendment to extend the reach of groundbreaking draft legislation to force companies to check whether their suppliers use slave or child labor, or pollute the...
UK Government Seeks to Speed Up Post-Brexit Insurance Reforms
Feb 10 2023 // The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121 billion) of capital for investment, after months of clashes over the plans and frustration about the...
Ransomware Outbreak Hits US and European Universities, Florida Supreme Court
Feb 7 2023 // A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United States and Central Europe, according to a Reuters analysis of ransom notes posted online...
G-7 Nations, EU Agree to Price Caps on Russian Refined Oil Products
Feb 6 2023 // European Union countries agreed to set price caps on Russian refined oil products to limit Moscow’s funds for its invasion of Ukraine, the Swedish presidency of the EU said on Friday. EU diplomats said the price caps...
U.S. and EU to Launch First-of-its-Kind AI Agreement
Jan 30 2023 // The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, healthcare, emergency response, climate forecasting and the electric...
Intercontinental Exchange to Start Rival London Gas Market to Dodge EU Price Cap
Jan 30 2023 // Intercontinental Exchange Inc. will open a parallel natural gas market in London to help traders avoid potential disruptions from new European Union rules to cap energy prices. The new market will offer benchmark Dutch...
EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions
Jan 27 2023 // The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on...
UK Insurers Fear That Promised Brexit Capital Reforms Will Be Derailed
Jan 23 2023 // Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations have come fears that regulators could nudge the changes in a more cautious...
Europe Braces for a Sharp, Abrupt Real Estate Reversal
Jan 23 2023 // Turmoil at trophy properties in London and Frankfurt offer a glimpse of the damage awaiting European real estate investors as they face the sharpest reversal on record. From a fraught refinancing process for an office...
Four Countries Urge EU to Set Date for New CO2-Emitting Trucks
Jan 20 2023 // The Netherlands, Belgium, Denmark and Luxembourg have urged the European Union to fix a date by which new trucks and buses sold in Europe must have zero carbon dioxide emissions. The European Commission is set to propose...
Meta’s WhatsApp Fined 5.5M Euro by Lead EU Privacy Regulator
Jan 19 2023 // Meta’s WhatsApp subsidiary was fined 5.5 million euros ($5.95 million) on Thursday by Ireland’s Data Privacy Commissioner (DPC), its lead EU privacy regulator, for an additional breach of the bloc’s...
Germany Joins Opposition to EU Ban on Commission-Based Financial Products
Jan 17 2023 // Banning commission-based sales of financial products from banks and insurers would be a “serious setback” to the European Union’s capital market and limit choice for consumers, Germany’s finance...
Fund Groups Warn Against EU Idea of Legally Defining ‘Greenwashing’
Jan 17 2023 // LONDON, Jan 16 (Reuters) – European Union regulators should not define greenwashing in law, fund industry groups have told the bloc’s markets watchdog, citing concerns this would complicate a sector in...
UK Financial Services Firms Lead Europe in Push to Shrink Board Gender Gap
Jan 10 2023 // UK finance firms now have a higher proportion of women on their boards than their European counterparts, a rare boost for the City of London’s attempts to improve the industry’s diversity. Women made up 58% of...
People Moves: AXA XL Promotes Coxall to Head of U/W Mgmt, UK & Lloyd’s; LSM Hires BNP’s Faulkner to Lead Digital Strategy in Europe; MS Amlin Beefs Up U/W Team
Jan 9 2023 // This edition of International People Moves details appointments at AXA XL, Liberty Specialty Markets (LSM) and MS Amlin. A summary of these new hires follows here. AXA XL Promotes Coxall to Head of Underwriting Mgmt, UK...
