Eu Financial News
11.06 / 21:25
UPS
Man
Extreme
Airlines
Sustainability
wellness
hospital
Singapore Airlines offers compensation to passengers on flight that hit extreme turbulence
Singapore Airlines has offered compensation to passengers of a flight that hit extreme turbulence last month
11.06 / 20:17
Provident
Manufacturing
Matrix
Viatris
performer
reports
Pharmaceuticals
Kotak Alt funds Matrix founder's buyout of Viatris API business
Matrix Laboratories founder Nimmagadda Prasad's acquisition of the active pharmaceutical ingredient (API) business of Viatris.
11.06 / 16:28
UPS
Google
WhatsApp
Instagram
social
information
Features
Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns
Meta said Monday it wants to use data from users in privacy-conscious Europe to train its artificial intelligence models
11.06 / 15:29
European Parliament
European Commission
Israel Hamas war
Binance founder Changpeng Zhao facing 3-year prison sentence for allowing money laundering
Prosecutors in the United States on Tuesday are asking a judge to hand Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, a three-year prison sentence for allowing rampant money laundering on the platform.
11.06 / 09:53
Digital
ECB
President
show
digital euro
inclusion
reports
ECB’s Lagarde Discusses Digital Euro Launch Before Her Term Ends in 2027
European Central Bank (ECB) President Christine Lagarde has hinted that a digital euro could be available to Europeans before her term ends in 2027. Still, she acknowledged achieving this would require a faster-than-anticipated rollout.
10.06 / 19:33
10.06 / 15:39
10.06 / 15:39
Citi
FIVE
President
stage
rights
International
Slovakia public broadcaster employees hold 3-hour walkout over government overhaul plans
Employees of Slovakia’s public radio and television have staged a three-hour walkout to protest a contentious overhaul of their services
10.06 / 14:13
Election
wellness
performer
shock
rights
politician
Europeans rebuke the European Union
The results of the weekend’s European Parliament elections may not have been entirely surprising, but they’re a shock to Europe’s system nonetheless. So-called euroskeptic parties notched their best results to date in Continent-wide polls. This doesn’t mean Europeans don’t want the European Union, but it does signify they want an EU that serves them better.
10.06 / 08:17
COST
Progressive
Election
Bill
Friday Briefing: How Rishi Sunak dealt a blow to investment trusts
Whatever the reason, the timing did not just frustrate his own party members, who have been forced to cancel their summer annual leave, but also House of Lords member Ros Altmann and the investment trust sector. In November last year, Altmann submitted a private members bill urging the government to remove investment companies from the Alternative Investment Fund Managers Directive (AIFMD) regulation. 'My bill is lost': Ros Altmann confirms progress on trust cost disclosure reforms undone by general election The bill also called for the removal of the current EU cost disclosure rul...
10.06 / 06:09
UPS
Provident
Web3
crypto regulation
Interviews
Destinations
Ireland a Prime Destination for European Crypto Ventures, UK-Based Crypto Exec Says
UK-based crypto infrastructure firm Ramp Network is setting up shop in Ireland as its European base. It joins a growing number of cryptocurrency firms choosing Ireland for their European headquarters.
10.06 / 02:49
markets
UPS
Election
President
show
country
Oil slips on dollar's strength from US jobs data
Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.
10.06 / 02:49
markets
Target
Reuters
economy
Election
Trade
show
Euro slips to one-month low as Macron calls French election
euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right, while the dollar was steady ahead of the Federal Reserve meeting later in the week. The euro fell to $1.0764, its lowest since May 9, in early trading in Asia. It was last down 0.24% at $1.0776 as investors weighed the implications of renewed political uncertainty in the euro zone's second-biggest economy in a key election year.
09.06 / 19:22
UPS
Reuters
Manufacturing
Trade
Inside
reports
Investigations
Volvo shifting EV production to Belgium to avoid China tariffs
Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday.
09.06 / 19:21
08.06 / 18:29
Citizens
Election
Universities
track
country
Slovaks and others go to the polls in EU elections under the shadow of an assassination attempt
Slovakia, Italy and other European Union nations are casting their ballots Saturday on the third day of elections for the European Parliament, with populist and far-right parties looking to make gains across the 27-member bloc. In Slovakia, the election was overshadowed by an attempt to assassinate populist Prime Minister Robert Fico on May 15, sending shockwaves through the nation of 5.4 million and reverberating throughout Europe.
08.06 / 00:51
markets
Aware
Sustainability
wellness
President
country
Destinations
As Europe’s carbon tax hovers closer, India rushes steelmakers to go green
NEW DELHI : India’s steel ministry has asked all major exporters of the alloy to focus on reducing their carbon footprint as the European Union prepares to tax companies that do not meet its environmental standards. The EU’s carbon border adjustment mechanism, or CBAM, proposes a tax on embedded carbon imports from sectors including steel, aluminium, cement, hydrogen, electricity, and fertiliser from 1 January.
07.06 / 11:59
markets
Target
Ripple
Trade
information
reports
testing
Private credit may lose some of its privacy
The European Union is pushing to bring more transparency to the booming private credit market as regulators worry its rapid growth could threaten the financial system.
07.06 / 11:42
markets
UPS
security
BitStamp
Cycling
Investigations
Robinhood buying crytocurrency exchange Bitstamp for about $200 million
Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million as the company looks to speed up its cryptocurrency expansion globally
07.06 / 03:31
06.06 / 18:07
markets
UPS
Target
Action
Fighting
reports
Green and bear it for a steely resolve
India is gearing up to fight at WTO over the EU's Carbon Border Adjustment Mechanism (CBAM), which mandates non-EU steel producers to report emissions. There are compelling reasons to address this issue at WTO. India is the only major steel producer experiencing robust growth, with an 8.5% increase in the first four months of 2024 compared to a year ago.
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