Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
France Now Backing EU AI Rules Ahead of Bloc Endorsement
Feb 2 2024 // France is now backing landmark European Union rules governing artificial intelligence subject to strict conditions, an EU diplomatic source said on Friday, after sources had previously said it was the last holdout in the...
Top European Leaders Test Positive for Cancerous ‘Forever Chemicals’
Feb 1 2024 // Chemicals linked to severe health issues including cancer, infertility, birth defects and immune system disruptions are everywhere and no one is safe from them — not even top politicians, according to a campaign...
Russia Behind Spike in European GPS Jamming, Baltic General Says
Jan 31 2024 // Russia is likely behind an increase in instances of jamming satellite signals used by airlines, smartphones and weapons systems in eastern Europe, according to a senior Baltic military commander. Martin Herem, the...
EU Needs Trillions of Investments to Meet 2050 Climate Target: Research
Jan 31 2024 // The European Union will need 1.5 trillion euros ($1.6 trillion) per year of investments to meet its 2050 net zero emissions target, research backed by Green EU lawmakers said on Monday. The European Commission is set to...
EU Reinforces Tight Limits on Crypto Firms From Outside Bloc
Jan 30 2024 // Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair competition, the European Securities and Markets Authority (ESMA) proposed...
Banks, Insurers Set to Lose Reprieve From EU’s Toughest ESG Rule
Jan 30 2024 // Financial firms in the European Union look set to be hit by a new ESG requirement that they lobbied hard to avoid. The European Parliament and the European Council are moving toward an agreement that banks, asset managers...
EU Auditors Say Real CO2 Emissions From Most Cars Have Not Fallen
Jan 25 2024 // Real CO2 emissions from most passenger cars on EU roads are the same as 12 years ago despite reduction targets set in 2010 for newly registered vehicles, putting in jeopardy Europe’s green agenda, the European Court...
What Does Red Sea Disruption Mean for Europe’s Economy?
Jan 23 2024 // Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe, carrying around 15% of global sea trade. For the...
Microsoft’s Bing, Edge to Avoid EU’s Digital Dominance Crackdown
Jan 23 2024 // Microsoft Corp.’s Bing search engine, Edge web browser and Advertising services are set to be exempt from strict new European Union antitrust rules reining in Big Tech platforms because watchdogs tentatively...
Hurricane-Force Winds Cause Chaos, Blackouts Across Europe
Jan 22 2024 // Storm Isha is causing travel disruption and power blackouts across northern Europe, as it brought hurricane-force winds to the UK and other parts of the region. The Met Office issued a yellow weather warning across the UK...
Alta Signa Launches European Marine Division
Jan 19 2024 // European boutique managing general agent (MGA), Alta Signa Europe B.V., announced the launch of a new European marine underwriting business. The new unit will focus on core marine lines of business, backed by Alta...
Extreme Icy Weather Paralyzes Travel in Parts of Europe
Jan 18 2024 // Freezing weather in Germany and other parts of Europe threatened widespread road, rail and flight disruptions as the region braced for snowfall and heavy ice build-up. Frankfurt’s airport operator canceled more than...
Brexit Has Cost UK More Than $178 Billion so far: London Mayor
Jan 12 2024 // Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual cost of 140 billion pounds ($178 billion) – London mayor Sadiq Khan said on Thursday, with the...
People Moves: Gallagher Taps AIG’s Loesti as Chief Commercial Officer of European Broking; QBE Re Promotes 3 Global Product Heads in New York, London
Jan 5 2024 // Gallagher Taps AIG’s Loesti as Chief Commercial Officer, European Broking Nepomuk (Nepo) Loesti has joined Gallagher as chief commercial officer of its European broking operations. The newly created role will support...
Extreme Cold Grips Nordic Countries as Floods Hit Western Europe
Jan 4 2024 // Europe experienced stark weather contrasts on Wednesday, with extreme cold and snowstorms disrupting transportation and closing schools in Scandinavia while strong winds and heavy rain in western Europe caused flooding and...
Allianz Seeks to Buy Back Europe’s Biggest Old-School Bond
Jan 4 2024 // Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps the market for new issues early on this year. The Munich-based insurer priced a new €1...
European Central Bank’s Cyber Stress Test Will Not Affect Capital Requirements
Jan 3 2024 // The European Central Bank’s cyber resilience stress test in the coming months will not affect bank-specific capital requirements but instead form part of a broader supervisory assessment, the ECB said in a statement...
How Brexit Hobbled Britain’s Race to Space
Jan 2 2024 // Britain’s push to become a “space superpower” is being undermined by political disarray and weak domestic investment, while showing how the nation needs international partners more than ever...
UK Signs Swiss Financial Services Deal, Easing Post-Brexit Access for Insurers, Brokers
Dec 22 2023 // The UK and Switzerland signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market access for firms including banks, insurers and asset managers. Chancellor of...
Allianz Sponsors Catastrophe Bond for European Windstorm Risks
Dec 20 2023 // Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million to protect itself against European windstorms. Allianz entered into a three-year...
