Eu Financial News

PARIS (Reuters) — Swedish streaming service Spotify (NYSE:SPOT) on Thursday said it would increase its prices in France due to a new tax, which it argued would fail to accomplish its intended goal.

AEPD, issued the ban on Wednesday, demanding an immediate halt to the collection of personal information by Worldcoin and instructing the company to cease using already gathered data. The AEPD's action follows several complaints, including concerns about insufficient information, data collection from minors, and issues related to consent withdrawal.

BRUSSELS (Reuters) — Apple (NASDAQ:AAPL) has been asked to explain why it prevented Fortnite video-game maker Epic Games from launching its own online marketplace on iPhones and iPads in Europe and whether this breaches EU technology rules, EU antitrust regulators said on Thursday.

By Gilles Guillaume

One thing that opponents and supporters of the SEC climate rule have agreed on is that there was compromise in the final version passed Wednesday. But for those against it, there clearly wasn’t enough. And champions of the rule were left with something that they say is barely a step forward, nowhere near sufficient to address the major issues presented by climate change that affect public companies’ finances.

The European Union and Germany say they will give Albania nearly $88 million to turn the three main bus lines in the capital Tirana electric, part of helping the Balkan country meet requirements to join the 27-nation bloc

To align with EU standards, the United Kingdom has unveiled plans on March 6 to integrate both stablecoins and central bank digital currencies (CBDCs) into its regulatory structure.

Hungary is eyeing to establish a comprehensive crypto regulatory framework which would enable local banks to directly offer cryptos.

Today, Spanish data regulator Agencia Española de Protección de Datos (AEPD) instructed Sam Altman’s Worldcoin to halt its operations in the country.

Italian lawmakers have approved the country’s participation in an EU naval mission to protect cargo ship in the Red Sea from attacks by Houthi rebels in Yemen threatening maritime traffic

A technical issue had caused widespread login issues for more than an hour across Meta’s Facebook, Instagram, Threads and Messenger platforms on Tuesday

Europeans scrolling their phones and computers this week will get new choices for default browsers and search engines, where to download iPhone apps and how their personal online data is used

Poland has seen its most violent protest by farmers and supporters yet as some participants threw stones at police and tried to push through barriers around parliament

Investing.com — European stock markets edged higher Wednesday in cautious trading, as investors awaited the U.K. Budget as well as congressional testimony from Federal Reserve Chair Jerome Powell, ahead of a European Central Bank rate-setting meeting later in the week.

European cryptocurrency exchange Bitstamp has received in-principle approval for its license application to offer digital asset services in Singapore. 

By Maria Martinez

Eurobank is looking to establish a presence in India and is in the process of consulting with advisors and the Reserve Bank of India to open a representative office in Mumbai, said people close to the bank. With 80.5 billion euros of assets and 540 branches across Greece, Cyprus, Bulgaria, Luxembourg and UK, the bank, which has a robust corporate client-focused business in these countries, aims to serve the needs of Indian businessmen looking for a commercial presence in Europe. “Trade relations between Europe and India are on the cusp of taking off. We aim for Eurobank to become a key facilitator and the banking partner of choice for Indian businesses considering establishing a local hub in Greece or Cyprus to gain a footing in the EU market,” said Fokion Karavias, chief executive officer, Eurobank.

Another day, another multibillion-dollar regulatory fine from Europe that will barely dent the balance sheet of a technology giant. Only this time, the European Commission’s $2 billion penalty against Apple marks the end of an old clunky era, and the start of a new one where trust-busters can be quicker and more efficient in policing Silicon Valley’s biggest companies. Their secret weapon: a new law called the Digital Markets Act (DMA).

Margrethe Vestager said. Just days before the Digital Markets Act comes into force Vestager said in an interview with Bloomberg TV that she’s most concerned about smaller app stores being given fair access to operating systems run by companies that dominate the market like the likes of Apple Inc., Alphabet Inc.’s Google, and Microsoft Corp.

The fight between Kylian Mbappé, Lionel Messi and Cristiano Ronaldo for the honorific title of “best player in the world” is a tight one

El Nino has peaked as one of the five strongest on record and will continue to impact global climate in the coming months despite a weakening trend, the World Meteorological Organisation said on Tuesday. The UN agency also said above-normal temperatures are predicted over almost all land areas between March and May. The prevailing El Nino conditions fuelled record temperatures and extreme events the world over, with 2023 being the warmest on record. According to the European Union's Copernicus Climate Change Service, the global mean temperature breached the 1.5-degree Celsius threshold for an entire year for the first time in January.