Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
EU Seeks More Protection from Climate Risks by Increasing Resilience, Insurance Cover
Feb 26 2021 // The European Union is bolstering its 14-trillion-euro ($17 trillion) economy against damage caused by the impacts of climate change, from droughts to floods and forest loss. Under an updated climate adaptation strategy...
Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit
Feb 25 2021 // Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion pound ($184 billion) finance sector competitive after Brexit left it largely cut off from the European...
Italy’s Top Insurer Generali to Invest €3.5B in COVID-Hit European Countries
Feb 24 2021 // MILAN – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, dubbed...
UK, EU to Create Financial Services Cooperation Forum for Market Access Talks
Feb 23 2021 // Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March have made some progress but this will not automatically lead to market access, senior officials said on...
About 1,000 EU Finance Firms, Such as Insurers, Eye Post-Brexit Outposts in UK
Feb 22 2021 // Around 1,000 European Union finance firms are expected to open their first offices in the UK after losing their passporting rights because of Brexit. Roughly two-thirds of the 1,500 money managers, payment firms and...
Uber’s UK Court Loss Likely to Trigger More Complaints from Gig Workers Across Europe
Feb 22 2021 // Uber Technologies Inc.’s defeat in a UK legal battle over the way it treats its drivers is set to trigger a wave of complaints from workers across the region. Britain’s Supreme Court ruled Friday that Uber must...
Uber Urges EU to Recognize Gig Business Model as UK Court Is Set to Rule
Feb 17 2021 // Uber on Monday called on EU regulators to recognize the value of independent contracts in job creation as they consider new rules to protect gig economy workers. The company has been criticized for classifying its drivers...
EU Experts Hit Roadblock in Trying to Resolve Tech, Carmakers’ Patent Dispute
Feb 12 2021 // European Union efforts to resolve a patent dispute between tech companies and carmakers have hit a roadblock after experts enlisted for advice failed to agree on the level of royalties or who should pay them. Tech firm...
Brexit Boosts Amsterdam Ahead of London as Europe’s Top Stock Trading Center
Feb 11 2021 // Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data...
UK Insurers Not Likely to See Cuts in Capital Requirements After Brexit: Bank of England
Feb 10 2021 // The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding that more capital could be “part of the answer” to meeting a 1.7 billion pound bill...
Many UK Companies Report Difficulties with Post-Brexit Trade Arrangements: HSBC
Feb 5 2021 // LONDON – Around 40% of British companies that import and export said the shift to a new trading arrangement with the European Union had made trade more cumbersome last month, a survey showed on Thursday. The report from...
India’s New Rules for Insurance Investments Could Attract U.S., European Insurers
Feb 1 2021 // NEW DELHI – The Indian government on Monday said it plans to raise limits on how much foreign companies can invest in the country’s insurance industry, a move that could attract inflows from U.S. and European...
UK Businesses Are Being Hit with Post-Brexit Delays, Bureaucracy – And Higher Costs
Feb 1 2021 // Truckloads of British pig meat waiting to be shipped to Germany and stuffed into bratwursts perished at UK ports this month while stuck in line for customs clearance. It’s a story that barely made a ripple in the UK,...
World Economic Forum: Allianz CEO Says Europe Must Alter Capital Rules for Climate
Jan 27 2021 // European regulators need to overhaul their capital rules to free up insurers to invest more in climate-friendly infrastructure projects, the chief executive of German insurer Allianz said on Wednesday. “Today, the...
European Researchers Turn to AI to Build Better Weather Data
Jan 26 2021 // European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. The European Centre for Medium-Range...
Here’s How European Satellites Can Help Predict the Next Weather Disaster
Jan 19 2021 // Spain began the new year battling Storm Filomena, a once-in-a-generation weather event that blanketed Madrid in snow and paralyzed the economy. Health workers were stranded, supermarkets shut, and the army was called in....
Brokerslink Expands Global Network with Brokers in Europe, Asia-Pacific and Africa
Jan 14 2021 // Global broking business, Brokerslink, starts 2021 with the continued the expansion of its global network and the addition of independent broker JDB in North Macedonia. Trading since 2009, JDB is a growing broker with a...
U.S. Warns of Sanctions on European Firms and Insurers Over Russia’s Nord Stream
Jan 13 2021 // The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration...
UK Businesses Face Miles of Red Tape with New Brexit Border Rules
Jan 12 2021 // While the mile-long lines of trucks have dissipated at ports, UK businesses are waking up to less visible forms of friction at the border with the European Union that may cause more enduring damage. From health...
UK Must Avoid Being a ‘Mere Taker’ of EU Financial Services Rules in Return for Access
Jan 8 2021 // Britain should not submit to the European Union’s financial services rules just to get better access to the bloc’s market after Brexit, Bank of England Governor Andrew Bailey said on Wednesday. European daily...
