Eu Financial News

03.11 / 16:14

Provident Digital Strategy economy innovations recommendations committee Greece Establishes High-Level Advisory Committee for Artificial Intelligence Strategy

Kyriakos Mitsotakis, the Prime Minister of Greece, made theannouncement on the establishment of a High-Level Advisory Committee for Artificial Intelligence (AI) on October 19, 2023. The purpose of this group is to get Greece ready for the tremendous breakthroughs that are happening in artificial intelligence technology and its applications. This decision comes at a time when the European Union is in the midst of passing its Artificial Intelligence Act, which will be applicable to all 27 member states of the European Union, including Greece.

03.11 / 13:53

Provident Platform show social Investigations Amazon and Meta settle UK investigations with pledges to refrain from unfair practices

Amazon and Meta settled separate UK antitrust investigations by agreeing to stop practices that give them an unfair advantage over merchants and customers using their platforms, the watchdog said Friday. The Competition and Markets Authority said it accepted the committments from the US tech companies to close the investigations into their online marketplaces.

03.11 / 05:33

Target FIVE Cooper economy President country recommendations India’s steel expansion plans threatened by scrap metal export restrictions

scrap metal shipments from the European Union as it seeks to reduce industrial emissions may make it harder for India to grow its steel sector. Countries are recycling more scrap domestically to reduce the use of pollutive feedstocks like iron ore in the steel-making process. For India, which is scrap deficient due to a relatively small consumer base, imports are key to its target of doubling steel production capacity to 300 million tons by the end of the decade. Producers are following policy developments such as the EU’s update of its waste shipment rules, which came after China tightened scrap metal exports.

02.11 / 20:38

Racing Fighting Parke Experts country reports testing Sunak says agreements at UK summit tip the balance in favor of humanity in fight against AI threats

British Prime Minister Rishi Sunak says achievements at the first international AI Safety Summit will “tip the balance in favor of humanity” in the race to contain the risks from rapid advances in cutting-edge artificial intelligence

02.11 / 20:37

Gap economy Experts reports Prices of some basic European foodstuffs keep skyrocketing

Olive oil is continuing its staggering rise in prices in Europe.

02.11 / 13:39

Reuters Airlines JetBlue Department No slots for new entrants at Amsterdam airport, including JetBlue -ACNL

AMSTERDAM (Reuters) — Airlines without historic rights at Amsterdam's Schiphol airport, including newcomer JetBlue, will not be allocated slots for summer 2024, slot coordinator ACNL said on Thursday.

02.11 / 10:37

Provident Digital Cooper economy cover information reports Title: EU Council Adopts DAC 8 Directive to Enhance Tax Oversight on Crypto Transactions.

Prior to December 7, 2021, the council indicated in its report to the European Council that it expects the European Commission to submit a legislative proposal in 2022 on further revision of the directive 2011/16 / EU on administrative cooperation in the field of taxation (DAC), concerning exchange of information on crypto-assets and tax rulings for wealthy individuals.

02.11 / 07:35

Cardiovascular show reports patient Novo Nordisk posts record quarterly results, keeps curbs on Wegovy supplies

By Jacob Gronholt-Pedersen

02.11 / 07:17

Platform Align country electronic innovations information prevention The Bletchley Declaration: 29 countries form coalition to tackle risks of advanced AI

European Union have agreed to work together to prevent “catastrophic harm, either deliberate or unintentional” which may arise from artificially intelligent computer models and engines. In an agreement signed on November 1, these countries have mutually agreed that while AI has the potential to transform and enhance human well-being, peace and prosperity, it also poses significant risks, including in those domains of daily life.

01.11 / 17:19

Remark President show stage country voice European Commission's chief tells Bosnia to unite in seeking EU membership

The European Commission chief urged Bosnia to “with one voice” if it wants to move forward in an effort to join the European Union after gaining candidate status last year

01.11 / 15:33

Target Reuters economy Nov show country Department Support Exclusive-EU, US, COP28 hosts rally support for global deal to triple renewable energy - documents

By Kate Abnett and Valerie Volcovici

01.11 / 15:15

Provident Target Digital Cooper Align information reports EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions

The Council of the European Union has ratified a directive amending the region's standing rules on tax administrative collaboration on October 17, 2023. This amendment, commonly referred to as DAC8, primarily targets the reporting and automatic information exchange regarding revenue stemming from crypto-asset transactions and advance tax rulings for high-net-worth individuals.

01.11 / 15:15

Google CEO Parke President cover reports International UK to Host First International AI Safety Conference in November

In a strategic move to establish itself as a global mediator in technology discussions, the UK government has revealed plans for an International AI Safety Summit. Scheduled to occur on November 1 and 2, the summit aims to engage the UK with other influential nations such as the United States, China, and the European Union. This initiative gains significance as the UK prepares for its exit from the EU, striving to maintain a leading role in global tech policy.

01.11 / 10:21

CBDC regulation Europe European Union Euro Survey: 65% of Spaniards aren’t interested in using digital euro

As the Bank of Spain embraces the potential adoption of a digital euro, the country’s population doesn’t appear to have the same strong appetite for the European Central Bank’s digital currency project.

01.11 / 10:13

WhatsApp track hospital Israel-Hamas war: First batch of foreign-passport holders leave Gaza through Egypt's Rafah crossing

Rafah border point. Militant group Hamas, which controls the Palestinian territory, said earlier Wednesday it expected some foreigners and dual nationals to be allowed into Egypt.

01.11 / 09:25

Provident Target Digital Platform track social reports Meta faces Europe-wide data privacy restrictions for flouting norms with targetted ads

How Europe’s new digital law will change the internet It's worth noting that Norway's data protection authority had advocated for this Europe-wide ban after previously implementing restrictions on Meta's behavioral advertising in July, as per the report. These restrictions centered on tracking user activity on social media platforms in great detail and creating user profiles based on their interests, location, and content preferences. Furthermore, in August, the Norwegian agency imposed a daily fine of 1 million kroner ($90,000) on Meta for failing to comply with the ban.

01.11 / 04:09

FIVE Apple recommendations Nokia Nokia sues Amazon in US, India over video patents

Nokia said Tuesday it is suing Amazon in five global jurisdictions, including the United States and India, over patent infringements on video-related technologies. Nokia said it is also suing HP, formerly known as Hewlett-Packard, in a US court, also for using Nokia video technology without its permission.

01.11 / 03:37

Reuters Parke President country innovations Britain brings together political and tech leaders to talk AI

Britain will convene governments, academia and companies working at the cutting edge of artificial intelligence on Wednesday at the inaugural AI Safety Summit to debate how, and even if, the risks of the technology can be contained. The meeting is the brainchild of Prime Minister Rishi Sunak, who wants to carve out a role for Britain as an intermediary between the economic blocs of the United States, China and the European Union.

01.11 / 00:59

Digital Platform Mobile Instagram social Here’s a lowdown on Meta’s subscription plan

social media conglomerate Meta on Monday said it would start offering the users of its platforms in the European Union, European Economic Area and Switzerland a 'subscription option' to keep Facebook and Instagram «ad-free». The subscription option ranges from 9.99 Euros per month for the web version to 12.99 Euros per month for the app versions. Meta said it is introducing subscription options for users to comply with the new regulations in the European Union. The company will continue offering ad-supported versions for users in these regions and use the browsing data or user data to serve them personalised items.

31.10 / 20:39

CBDC Adoption ECB Project mBridge reveals details of its workings ahead of MVP, commercial debut

The Bank for International Settlements (BIS) released a colorful and fact-filled Project mBridge update on Oct. 31. The publication combines technical and promotional discussions in a shift of tone as the project prepares to become a minimum viable project for commercial launch next year.

31.10 / 13:54

business Microsoft transport OpenAI Siemens and Microsoft partner to push AI adoption in industrial sectors

The German technology company Siemens has partnered with Microsoft and announced its new generative artificial intelligence (AI) -powered assistant the Siemens Industrial Copilot.

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