Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
European Energy Developers Play Down Siemens Gamesa’s Wind Turbine Troubles
Jun 29 2023 // Major wind power developers including Iberdrola, RWE, EDP Renovaveis and Orsted played down the impact of potential problems with Siemens Gamesa onshore wind turbines. Siemens Gamesa parent Siemens Energy last week said...
Businesses Criticize New EU Data Rules, Saying They Could Hinder Data Flow
Jun 28 2023 // Businesses and Big Tech on Wednesday criticized European Union data rules agreed between EU countries and lawmakers, saying they could hinder data flow and contractual freedom, while a pan-European consumer group said they...
EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout
Jun 23 2023 // European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey...
Europe’s Firefighters Call for More Resources as Climate Change Hikes Wildfire Threat
Jun 23 2023 // Firefighters across Europe are calling for more resources as climate change increases the threat of wildfires across the region. While the European Union announced a doubling of its aerial firefighting fleet for this...
Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion
Jun 15 2023 // Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for €2.3 billion ($2.5 billion), as part of its plan to expand in non-life insurance. Liberty...
Cyberattacks on Renewables: The Stuff of Nightmares for Europe’s Power Sector
Jun 15 2023 // Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for...
EU Regulators Could Demand That Google Sell Part of Ad-Tech Business: Source
Jun 13 2023 // European Union antitrust regulators may order Alphabet Inc.’s Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday. The EU’s top...
People Moves: Everest Insurance Names Industry Veteran Laval as Chief Commercial Officer, Int’l; Sompo Taps SiriusPoints’ Cramér Manhem for Europe Board of Directors
Jun 12 2023 // This edition of International People Moves details appointments at Everest Insurance and Sompo International. A summary of these new hires follows here. Everest Insurance Names Industry Veteran Laval as Chief Commercial...
EU’s Breton Demands Meta Act Against Online Content Targeting Children
Jun 8 2023 // EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting children, as Meta’s voluntary child protection code...
UK Widens Lead as Europe’s Top Draw for Financial Services Investors
Jun 5 2023 // For all the gloom around the impact of Brexit on the City of London, the latest survey of Europe’s top destinations for foreign direct investment in financial services is a reminder of the UK’s continuing heft...
Markets/Coverages: U.S. Cannabis-Focused MGU Opens for Business in Europe
May 31 2023 // The North American managing general underwriter CannGen Insurance Services (CannGen) has launched a European operation amid expectations that the continent’s legal cannabis market is set for substantial...
Suspected State-Backed Hackers Hit Series of New Targets in Europe, SE Asia
May 31 2023 // A hacking group suspected of ties to an Asian government has broadened its targets to government agencies in countries including Indonesia and Thailand, carrying out cyber-espionage as recently as April, cybersecurity firm...
EU Sets Out Plans to Cut Price of Financial Products Offered by Banks, Insurers
May 24 2023 // The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial products to encourage investment and make its capital market deeper and more efficient. The retail...
Analysis – EU Power Battle Could Hamper Proposed Safeguards for Financial Products
May 24 2023 // European Union plans to increase protections for consumers of financial services are reigniting a long-simmering power battle between national and EU regulators that could hamper how the tougher safeguards will be...
People Moves: Aspen Appoints Boon Head of Singapore; Liberty Mutual Hires Patrick Thielen Global Head of Cyber; Guy Carpenter Makes Senior Moves in Europe
May 22 2023 // Aspen Appoints Boon as Head of Singapore; Morely Relocates to London Aspen Insurance Holdings Limited has appointed industry veteran Tay Boon Chuan as head of Singapore, effective June 1. Aspen is headquartered in...
EU Spat Over Nuclear Energy Escalates as Key Vote Is Delayed
May 18 2023 // A key element of the European Union’s Green Deal package has been delayed after France, the bloc’s biggest supporter of nuclear power, said it won’t back a law to scale up renewable energy. Member-state...
Stellantis Tells UK to Change Brexit Deal or See Car Plants Close
May 17 2023 // British car plants will close with the loss of thousands of jobs unless the Brexit deal is swiftly renegotiated, Stellantis has warned, as Ford added its voice to the latest warning from the auto industry since Britain...
EU Weighs Cyber Plan Aimed at Keeping Cloud Data in Europe
May 15 2023 // The European Union is weighing a plan that would require cloud providers to store all of their data within the bloc in order to qualify for its highest cybersecurity certification. ENISA, the EU’s cybersecurity...
UK Drops Post-Brexit Plan to Scrap Thousands of EU Laws by Year’s End
May 12 2023 // Britain’s bonfire of European Union laws has been reduced to embers. The U.K. government on Wednesday scrapped a plan to remove all remaining EU laws, about 4,000 in all, from British statute books by the end of this...
Legislation to Govern AI Takes Another Step in Europe
May 11 2023 // European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday where they agreed tougher draft legislation. The European...
