European Commission Financial News

tech companies must remove illegal content from their platforms, or risk facing severe legal penalties. Following the militant Islamist group Hamas' attack on Israel and Israel's retaliatory airstrikes in Palestinian enclave Gaza, social media firms have seen a surge in misinformation related to the conflict, including doctored images and mislabelled videos, alongside images of graphic violence.

By Philip Blenkinsop

On Tuesday, the European Commission awarded an 800,000 euro ($842,000) contract as part of its efforts to address the environmental impact of cryptocurrencies.

European Union antitrust regulators' investigation into Photoshop maker Adobe's $20 billion bid for cloud-based designer platform Figma has been put on hold while they wait for requested information from the companies. The European Commission said it stopped the clock effective Sept. 19 and will set a new deadline once the companies provide the data.

The European Union’s executive arm is blocking leading U.S. online travel agency Booking from acquiring Sweden’s flight booking provider Etraveli Group

Edwards Lifesciences (NYSE:EW) was raised to Outperform from Perform with a $90 per share price target by Oppenheimer analyst on Tuesday.

Some Binance customers in the EU have been blocked from withdrawing euros as part of an early change in the crypto exchange’s regional payments provider looms.

The European Union has decided not to renew a ban on Ukrainian food imports heading to nearby countries

Belgium said on Thursday it would review potential health risks linked to Apple's iPhone 12, raising the prospect that more European countries might ban the model after France ordered a halt to sales due to breaches of radiation exposure limits. However, there seemed to be no immediate prospect of an EU-wide ban as the European Commission said it would wait for feedback from other EU countries before deciding on any action.

shares of Chinese electric vehicle (EV) makers fell on Thursday after the European Commission launched an investigation into Chinese subsidies for EVs, escalating tensions between Beijing and the EU. European Commission President Ursula von der Leyen announced the investigation in her annual address to lawmakers on Wednesday, saying: "Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies."Hong Kong shares of market leader BYD fell more than 3%.

Check out the companies making headlines in midday trading.

EU lawmakers have approved new rules requiring airlines to use more sustainable fuels across the bloc in a bid to help decarbonize the sector

BRUSSELS—The European Union is launching an antisubsidy investigation into China’s electric-vehicle makers, opening a new front in the battle for leadership of the global clean-technology industry. The probe, announced Wednesday, reflects growing concern in Europe about the impact of low-price products from China on the bloc’s domestic industries. It could result in tariffs if officials from the European Commission, the bloc’s executive body, conclude that Chinese EV manufacturers are receiving subsidies that are hurting Europe’s auto industry.

Europe's economic outlook just took a turn for the worse

By Robert Harvey and Natalie Grover

By Giuseppe Fonte

OpenAI, Andrew Hopkins of Exscientia, Nancy Xu of Moonhub, Kate Kallot of Amini, Pelonomi Moiloa of Lelapa AI, Jack Clark of Anthropic, Raquel Urtasan of Waabi, Aidan Gomez of Cohere and more are among in the list. Moreover, the list also features 41 women and nonbinary individuals, which includes CEO & co-founder of Humane Intelligence Rumman Chowdhury; cognitive scientist Abeba Birhane; COO of Google DeepMind Lila Ibrahim; General Manager of the Data Center and AI Group at Intel Sandra Rivera; chief AI ethics scientist at Hugging Face Margaret Mitchell; Stanford professor Fei-Fei Li; artist Linda Dounia Rebeiz; artist Kelly McKernan; Margrethe Vestager, Executive Vice President, European Commission; Anna Eshoo, Representative, US Congress; Sneha Revanur, Founder and President, Encode Justice; Verity Harding, Director of the AI & Geopolitics Project, Cambridge University; Sarah Chander, Senior Policy Advisor, European Digital Rights; Nina Jankowicz, Vice President, Centre for Information Resilience; Elham Tabassi, Associate Director of Emerging Technologies, NIST among others.

The European Union is targeting six Big Tech companies including Amazon, Apple and Microsoft under new digital rules aimed at reining in the market power of online companies

The European Commission on Wednesday said it designated six tech giants as «gatekeepers» under its new Digital Markets Act — a strict set of rules that could shake up the business models of large digital platforms.

In a speech to the European Parliament's Committee on Economic and Monetary Affairs on September 4th, European Central Bank (ECB) executive board member Fabio Panetta presented a compelling case for Europe's pursuit of the digital euro.

By Corina Pons and Helen Reid