European Commission Financial News

09.01 / 22:26

BLOCK CEO Trade European Commission cover Videos Investigations Microsoft's OpenAI investment could trigger EU merger review

The European Union says Microsoft’s multibillion-dollar investment in ChatGPT-maker OpenAI could trigger a merger investigation

09.01 / 12:51

markets UPS Digital Merit European Commission Schools Investigations EU examines Microsoft investment in OpenAI

Microsoft's investment into ChatGPT developer OpenAI to see if it merits further investigation under the bloc's merger rules. The European Commission said in a statement it was «checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation».

22.12 / 19:35

regulation Financial Services Wealth managers ESG European Commission Asset Managers Fund managers EFAMA calls for major reforms to SFDR labelling regime

The industry group praised the transparency introduced by SFDR, but said the de facto labelling regime had 'stretched it beyond its original intentions and not always been helpful'.

20.12 / 15:56

Target Digital Google Platform TikTok Instagram European Commission prevention Three of the biggest porn sites must verify ages to protect kids under Europe's new digital law

Three of the world’s biggest porn websites face new requirements in the European Union that include verifying the ages of users

19.12 / 05:23

Twitter Digital Platform European Commission social blues information testing European Union investigating Musk's X over possible breaches of social media law

The European Union has made Elon Musk’s online platform X the first tech company to face an investigation under Europe’s tough new regulations designed to clean up social media and protect people from toxic online content

19.12 / 05:21

Aware Merit Fighting Adobe Software iRobot Illumina European Commission Adobe calls off $20 billion deal for Figma after pushback from Europe over possible antitrust issues

Adobe’s planned $20 billion acquisition of online design company Figma is being called off due to pushback in Europe over antitrust concerns

18.12 / 17:44

Reuters Waters Actor European Commission country reports prevention EU adopts 12th package of sanctions against Russia

Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the weekend. The package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, combating sanctions circumvention and closing loopholes, it said.

14.12 / 14:28

European Commission country Amazon won't have to pay hundreds of millions in back taxes after winning EU case

Amazon won’t have to pay about $273 million in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant

28.11 / 08:19

Platform iRobot European Commission voice innovations information prevention EU regulators say Amazon's acquisition of vacuum maker iRobot may harm competition

European regulators say Amazon’s proposed acquisition of robot vacuum maker iRobot may harm competition

24.11 / 17:31

Target Digital economy European Commission country cover Italy gets EU backing to revise its post-COVID recovery plan

By Giuseppe Fonte and Sudip Kar-Gupta

23.11 / 15:35

Provident Google Software pandemic Broadcom European Commission country Department Broadcom planning to complete deal for $69 billion acquisition of VMWare after regulators give OK

Computer chip and software maker Broadcom says it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday

22.11 / 07:05

BLOCK Align President European Commission country travelers Poland set to get more than 5 billion euros in EU money after commission approves recovery plan

Poland is expected to receive more than 5 billion euros ($5.5 billion) in EU funds after the European Commission gave a positive assessment of the country’s revised plan for green reforms and investments

17.11 / 22:43

Reuters Platform coinbase Adobe European Commission information Figma reviewing EU's objections against $20 billion Adobe buyout bid

(Reuters) -Figma said on Friday it was carefully reviewing the EU competition watchdog's statement of objections related to Photoshop maker Adobe (NASDAQ:ADBE)'s proposed $20 billion bid to buy out the cloud-based designer platform.

15.11 / 09:53

Target Action Experts European Commission reports EU reaches deal to reduce highly polluting methane gas emissions from energy sector

methane gas emissions from the energy sector across the 27-nation bloc. According to experts, one of the biggest causes of climate change is methane gas emissions — second only to carbon dioxide. The gas also causes serious health problems.

10.11 / 22:21

Digital Platform TikTok Meta Platforms European Commission social information Meta and Snap must detail child protection measures by Dec. 1, EU says

BRUSSELS (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) and social media company Snap have been given a Dec. 1 deadline by the EU to give more information on how they protect children from illegal and harmful content, the European Commission said on Friday.

09.11 / 22:13

Digital Extreme CEO Platform Apple President European Commission 2020 Apple hits setback in dispute with European Union over tax case

Apple might end up on the hook after all for billions of euros in back taxes to Ireland in the latest twist in a longrunning European Union dispute

09.11 / 18:17

Reuters Digital Google TikTok Nov European Commission information reports YouTube, TikTok must detail child protection measures by Nov 30, EU says

BRUSSELS (Reuters) — Alphabet (NASDAQ:GOOGL)'s YouTube and TikTok have been given a Nov. 30 deadline by the European Union to reply to an information request on how they protect children from illegal and harmfulcontent, the European Commission said on Thursday.

23.10 / 14:23

Reuters European Commission show Euro zone consumer confidence falls to -17.9 in October

(Reuters) — Euro zone consumer confidence fell by 0.1 points in October from the September number, figures released on Monday showed.

20.10 / 04:13

Digital Cooper President Celebrity European Commission country gatherings EU set for own summit in bid to rival China belt and road

European Union will host leaders of some 20 countries next week to boost its global infrastructure plan aimed at competing with China in strategic regions, according to people familiar with the matter. The summit will come a week after China gathered representatives of more than 130 countries to celebrate the 10th anniversary of its own global investment plan, the Belt and Road Initiative. Heads of state or government who will attend the EU’s Global Gateway Forum on Oct.

12.10 / 19:53

Target Illumina European Commission innovations 2020 testing EU orders biotech giant Illumina to unwind $7.1 billion purchase of cancer-screening company Grail

The European Union is ordering U.S. biotech giant Illumina to undo its $7.1 billion purchase of cancer-screening company Grail because it closed the deal without approval of regulators

12.10 / 10:15

COST BLOCK Illumina European Commission innovations testing Illumina ordered by EU antitrust regulators to sell Grail

By Foo Yun Chee

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