Eu Financial News
26.10 / 08:23
Provident
Apple
Align
WhatsApp
AirPods
reports
Features
Apple prepares for major AirPods revamp: Redesigned models, new features, and more
AirPods Max headphones is also in the works, cites the report. Apple intends to discontinue the second-generation and third-generation AirPods in the near future, cites the report. These models will be succeeded by two fourth-generation AirPods, which will be priced similarly to the existing ones but with increased differentiation.
26.10 / 06:45
26.10 / 06:15
Lowe's
Citizens
Progressive
Shell
country
reports
Global minimum tax on billionaires could generate $250 billion annually, finds EU Study
How the billionaires income tax would work At present, billionaires often pay substantially less in personal taxes compared to individuals with more modest incomes. They achieve this by placing their wealth in shell companies, which shield them from income tax, as highlighted in the 2024 Global Tax Evasion Report from the group.
26.10 / 05:55
UPS
Cooper
Progressive
Death
Intuit
President
'My instinct tells me' Joe Biden says progress on economic corridor as factor in Hamas' attack on Israel
India-Middle East-Europe Economic Corridor. Israel-Hamas LIVE The first-of-its-kind economic corridor will be a historic initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany, and the US. The White House had earlier said that the rail deal would link shipping and rail lines from India to Europe through the UAE, Saudi Arabia, Jordan and Israel.
26.10 / 05:48
UPS
Citi
Software
Tesla
track
reports
testing
Tesla rival Xpeng presses ahead with driver-assist rollout in China, Europe
BEIJING — Chinese electric car company Xpeng said this week it plans to roll out driver-assist technology in Europe by the end of next year, and remains on track with plans to expand the tech to 50 cities in China by year-end.
26.10 / 05:21
26.10 / 05:21
25.10 / 22:27
UPS
Provident
MAIL
Align
country
information
travelers
compliance
Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance
Cyprus is set to introduce stringent penalties for unregulated cryptocurrency service providers (CSPs), according to the Cyprus Mail . The government has submitted a legislative amendment to the «Prevention and Suppression of Money Laundering Law,» aiming to align the country with international anti-money laundering (AML) and combating the financing of terrorism (CFT) standards. The amendment was presented to the Parliamentary Committee on Legal Affairs on October 10, 2023.
25.10 / 22:23
Europe
ECB
digital euro
Bank of Spain
Customers
Central Bank of Spain Embraces Digital Euro, Highlights Benefits for Customers
Banco de España, Spain’s central bank, is aligning with its European counterparts to introduce their customers to the possibilities of the digital euro, a central bank digital currency (CBDC).
25.10 / 19:21
Blockchain
Adoption
Europe
MICA
Europe May Utilize Blockchain to Fix Bureaucracy as Authorities Suggests Use of “Digital Technologies”
The European Union (EU) plans to improve the administration processes in all member nations by deploying digital strategies, a new Commission paper reads.
25.10 / 16:37
FIVE
Reuters
Digital
Progressive
Landmark
Bill
performer
EU lawmakers make progress in crucial talks on new AI rules
artificial intelligence in a meeting late on Tuesday, as they inched closer to a broader agreement on the landmark AI Act, according to five people familiar with the matter. After two years of negotiations, the bill was approved by the European parliament in May. The draft AI rules now need to be agreed through meetings between the parliament and EU states to thrash out the final versions of laws in a process known as the trilogue.
25.10 / 13:39
Facebook
Digital
Google
Platform
social
How Europe’s new digital law will change the internet
Facebook as a social network and Google as a search engine. But tech geeks see these services as “platforms": vast online territories that users inhabit. The companies that run them have mostly been free to make the rules in these digital places.
25.10 / 13:11
President
country
information
reports
Poland's Tusk visits Brussels, seeking initiative in repairing ties with EU and unlocking funds
Polish politician Donald Tusk is in Brussels seeking to repair his country's ties with the European Union
25.10 / 13:11
Amazon
Bill
President
performer
information
2020
Amazon rolls out independent cloud for Europe to address stricter privacy standards
Amazon is rolling out an independent cloud for Europe as it looks to address strict regulations that companies and those in the public sector face there
25.10 / 11:23
COST
UPS
ETF
Compilation
2020
Why the Shine Has Come Off Clean-Energy Stocks
Clean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies. The iShares Global Clean Energy ETF reached its lowest level since July 2020 this week. The exchange-traded fund invests in renewable-energy companies and utilities in line with a benchmark compiled by S&P Dow Jones Indices, including First Solar and Plug Power.
25.10 / 11:19
CBDC
Adoption
regulation
Europe
European Union
Euro
Bank of Spain
Bank of Spain embraces ‘digital euro,’ explains its benefits
Banco de España, Spain’s central bank, has joined a chorus of European banking institutions preparing their customers for the potential benefits of a digital euro. The central bank published a short text on Oct. 19 explaining the nature and uses of the European Union’s potential central bank digital currency (CBDC).
25.10 / 10:45
Citi
Digital
Amazon
Platform
country
reports
Amazon discloses 181 million users in EU in first store transparency report
Amazon has more than 181 million users in the European Union and directly employs more than 150,000 people in the region, the company said on Wednesday, in its first store transparency report as required by the EU Digital Services Act (DSA). In August, the Digital Services Act (DSA) imposed new rules on content moderation, user privacy and transparency for platforms and search engines labelled as very large online platforms (VLOP), which were defined as having more than 45 million users in the EU.
25.10 / 07:47
regulation
UK
CMS
FCA removes cap on bankers' bonuses to mixed reactions
Originally the rules placed limits on bonuses for employees to two times base salary in an attempt by the EU to deter the risky behaviour that led to the 2008 Global Financial Crisis.
25.10 / 02:11
Blockchain
security
World Bank
bonds
Euroclear
Euroclear launches digital securities issuance service, settles World Bank bond
Euroclear has launched a digital securities issuance service and settled a 100-million-euro ($106 million) digital World Bank bond. This is the first step in the Brussels-based settlement house’s digital infrastructure strategy, it said.
25.10 / 01:59
UPS
Disney
Airlines
Entertainment
TCS
reports
Stocks to Watch: RIL, TCS, Vedanta, JSW Steel, Adani Ports, IndiGo
Reliance Industries: According to reports, Reliance is close to finalising a cash and stock agreement to acquire Walt Disney's India operations. It is speculated that the US entertainment powerhouse might relinquish a controlling interest in the Disney Star enterprise, estimating its worth at approximately $10 billion. Conversely, Reliance has appraised the assets to be valued within the range of $7 billion to $8 billion.
24.10 / 22:09
Blockchain
Provident
Digital
Platform
Nano
Bill
information
recovery
Ledger Debuts Cloud-based Private Key Recovery Tool Despite Previous Backlash
Popular hardware wallet company Ledger has launched a cloud-based private key recovery tool called 'Ledger Recover.'
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