Eu Financial News

21.07 / 20:13

Provident Target Waters Gap FARO country How a Tiny Archipelago Gave Russian Ships a Foothold in the Atlantic

While Europe has worked hard to close security gaps since Russia invaded Ukraine, a tiny island group in the North Atlantic provides a loophole for Russian ships to fish and dock in its waters and ports, among them vessels accused of spying and sabotage. Western nations are growing increasingly wary of what’s going on in and around the Faroe Islands, a self-governing territory under the Kingdom of Denmark which has a longstanding fishing agreement with Moscow. The agreement lets Russian vessels call at Faroese ports, circumventing a ban from European Union ports.

21.07 / 20:07

Citizens country Smuggling Croatian police detain 9 people suspected of smuggling migrants over the Danube from Serbia

Croatian police have detained nine people suspected of smuggling migrants into the European Union country from neighboring Serbia

21.07 / 19:11

Microsoft Google Platform show OpenAI, Google, others pledge to watermark AI content for safety: White House

OpenAI, Alphabet and Meta Platforms have made voluntary commitments to the White House to implement measures such as watermarking AI-generated content to help make the technology safer, President Joe Biden announced on Friday. «These commitments are a promising step but we have a lot more work to do together,» Biden said.

21.07 / 17:05

Facebook Progressive Platform Meta Platforms social dutch Dutch online marketplace OLX contributing to EU antitrust probe into Meta

By Foo Yun Chee

21.07 / 13:25

UPS Pfizer rsv EU regulator backs Pfizer's RSV vaccine for infants, older adults

(Reuters) -The European Union's health regulator on Friday backed authorization of Pfizer (NYSE:PFE)'s vaccine for respiratory syncytial virus (RSV) for use in babies and older adults.

21.07 / 10:57

Target Reuters CEO JPMorgan Chase country JPMorgan to expand online bank Chase to Germany, EU - Handelsblatt

BERLIN (Reuters) — JPMorgan (NYSE:JPM) will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told German newspaper Handelsblatt, a move that increases competition for European rivals in a crowded market.

21.07 / 09:33

UPS Provident Continental Allianz country cover European Union agrees post-Brexit rules for hedge funds

By Nell Mackenzie

21.07 / 06:27

Provident Reuters BCS show country exclusive Analysis - Novatek set to oust Gazprom as Russia's top gas supplier to Europe

By Oksana Kobzeva and Vladimir Soldatkin

21.07 / 06:27

COST Provident Extreme Fighting country Factbox - Which countries are paying their 'fair share' to fight climate change?

By Kate Abnett

21.07 / 00:49

COST UPS FIVE Digital lawmakers European Lawmakers Propose Digital Euro—A Central Bank Digital Currency

A digital euro—a central bank digital currency (CBDC)—may be in the works if a proposal by members of the European Central Bank and the European Commission goes forward.

20.07 / 21:29

business ChatGPT OpenAI launches ‘custom instructions’ for ChatGPT so users don’t have to repeat themselves in every prompt

OpenAI announced the beta launch of “custom instructions” for ChatGPT on July 20. The much-requested feature will allow users to create a preface for their prompts featuring instructions for the artificial intelligence (AI) chatbot to consider before responding to queries.

20.07 / 21:17

Reuters Cooper Microsoft Software performer Exclusive-Microsoft hit with EU antitrust complaint by German rival

By Foo Yun Chee

20.07 / 16:51

Government regulation Financial UK financial watchdog announces launch of permanent Digital Sandbox in August

The United Kingdom’s Financial Conduct Authority (FCA) has announced the launch of its Digital Sandbox, aimed at supporting tech firms in the early stages of product development.

20.07 / 16:15

Provident PayPal JPMorgan Chase BNI country Fed launches long-awaited instant payments service, modernizing system

The "FedNow" service, which has been in the works since 2019, will seek to eliminate the several-day lag it commonly takes cash transfers to settle, bringing the U.S. in line with countries including the United Kingdom, India, Brazil, as well as the European Union, where similar services have existed for years. FedNow is launching with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like JPMorgan Chase, Bank of New York Mellon, and US Bancorp, but the Fed plans to onboard more banks and credit unions this year.

20.07 / 15:21

Crime Police UK FCA open Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

20.07 / 13:20

Reuters Cooper Microsoft Germany’s Alfaview files EU antitrust complaint against Microsoft

Reuters report said earlier this month. "We continue to engage cooperatively with the Commission in its investigation and are open to pragmatic solutions that address its concerns and serve customers well," Microsoft said.

20.07 / 10:07

Microsoft Microsoft faces German rival's EU antitrust complaint on its Teams, Office

EU antitrust regulators, saying Microsoft's integration of its workplace chat and video app Teams into its Office product gives it an unfair advantage.

20.07 / 08:11

COST Provident PayPal JPMorgan Chase country Reserve Time US Federal Reserve looks to match India with launch of new real-time payments service FedNow

Federal Reserve is to launch a new payment service that could allow Americans to send and receive money in seconds. The new service, called 'FedNow', will initially launch with 41 banks and 15 service providers, including community banks and large lenders such as JPMorgan Chase, Bank of New York Mellon and US Bancorp, with plans to add more banks and credit unions later this year. The Federal Reserve has been working on the service since 2019, but it was initially opposed by the big banks, who argued it was redundant, but later agreed to participate as they believe FedNow will expand the services they can offer their customers.

20.07 / 01:09

Digital Amazon Aware Google Apple Major digital players may get advice on dos and don’ts

Digital Competition Law will likely recommend “dos and don’ts” for systemically important digital intermediaries to check big tech’s ability to distort fair trade, a person aware of the panel’s deliberations, said. The panel, chaired by corporate affairs secretary Manoj Govil, is likely to define systemically important digital intermediaries based on a set of criteria including the nature of business, turnover, and user base, both global and local, the person told ET.

19.07 / 16:31

UPS Amazon Microsoft Platform Apple iRobot Meta Platforms French backlash scuppers appointment of US economist for EU Big Tech regulation

EU antitrust chief, Margrethe Vestager, triggered the furore last week by picking Fiona Scott Morton as the chief economist of the EU's antitrust unit, the competition arm currently running probes into US tech giants Alphabet, Apple, Meta Platforms, Microsoft and Amazon's bid for iRobot. It is rare for the Commission to pick a non-EU national for such a senior job unless there are exceptional circumstances.

19.07 / 15:15

UPS Digital Platform Software show British political candidate uses artificial intelligence to draw up election manifesto

An independent candidate for a U.K. Parliament has turned to artificial intelligence to come up with his campaign promises

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