Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
UK Prime Minister Defers Brexit Vote, Raising Risk of No Deal
Dec 10 2018 // Theresa May is playing for time. Faced with a humiliating defeat on her Brexit deal, the embattled U.K. prime minister announced to the House of Commons she would defer a vote and return to Brussels to seek...
UK Can Reverse Brexit Process, Rules Top EU Court
Dec 10 2018 // The U.K. can unilaterally reverse the Brexit process, the European Union’s top court said in a landmark ruling that will fuel the campaign to thwart the divorce on the eve of a possible make or break vote in the...
Post-Brexit Free Trade Would Still See U.K. Insurance Services Exports Fall 19%: Think Tank
Dec 7 2018 // U.K. financial-services exports to the European Union could be 59 percent lower after Brexit, even if Prime Minister Theresa May secures a free-trade agreement, according to the Centre for European Reform. “Any...
EU Lawmakers Target Big Tech Firms’ Unfair Business Practices
Dec 6 2018 // EU lawmakers agreed on Thursday to take a tougher stance against tech giants such as Google , Amazon and Apple in new legislation aimed at curbing unfair business practices. A European Parliament committee voted in favor...
EU Court Ruling on U.K. Right to Reverse Brexit Expected Dec. 10
Dec 6 2018 // The European Union’s highest court will on Dec. 10 tell the U.K. whether it should be allowed to unilaterally reverse Brexit, in a landmark ruling that could offer hope to those who want their country to call off the...
EU Bank Reform Includes Insurance, Bad Loan, Other Sweeteners
Dec 4 2018 // European Union finance ministers struck a deal on a major reform of banking rules on Tuesday, addressing some of the loopholes exposed by the global financial crisis. The overhaul, proposed by the European Commission in...
EU Court’s Non-Binding Ruling Says U.K. Can Reverse Brexit
Dec 4 2018 // The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union’s top court that will fuel the campaign to thwart the divorce. The opinion, which isn’t binding, comes at a...
G20 Skirts Taboos in Reaching Agreement on WTO Reforms
Dec 3 2018 // Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the...
How States Differ in Responding to Coverages and Their Application
Dec 3 2018 // I have done a tremendous amount of errors and omissions (E&O) work over the years, including serving as approved and accredited auditor for two major E&O carriers, a certified E&O instructor, an author of an...
UK’s EU Draft Divorce Deal Preferable to No-Deal Brexit, Says FCA
Nov 30 2018 // Britain’s draft divorce settlement with the European Union is preferable to a no-deal Brexit even though this would leave it without a say over EU financial rules, its finance industry watchdog said on Thursday. The...
No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE
Nov 29 2018 // Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months’ time, the Bank of England...
Markel International to Partner with Yacht Insurer Pantaenius
Nov 28 2018 // Markel International, the specialist insurer, will partner with Pantaenius GmbH, the European yacht insurance provider, to strengthen and broaden the capabilities and services that together they provide their clients...
UK Economy Could Take 10.7% Economic Hit with No-Deal Brexit: Gov’t Report
Nov 28 2018 // The U.K. will suffer a major economic hit if Parliament rejects Theresa May’s Brexit deal and the country crashes out of the European Union with no new trade arrangements in place, according to official analysis. A...
Update: AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal
Nov 28 2018 // AXA, Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in Asia. The French...
IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use
Nov 28 2018 // International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged...
Brexit Deal Could Reduce UK Economy by 4% by 2030: Think Tank
Nov 27 2018 // The British government’s Brexit deal with Brussels is likely to mean Britain’s economy will be 3.9 percent smaller by 2030 than if it were to stay in the European Union, a leading think tank said on Monday. The...
XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order
Nov 26 2018 // AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global warming. AXA,...
EU Leaders Approve Brexit Treaty, Which Faces Rejection in UK Parliament
Nov 26 2018 // European Union leaders finally sealed a Brexit deal on Sunday, saying the package agreed with Prime Minister Theresa May was the best Britain will get in a warning to the British parliament not to reject it. “Those...
If UK Lawmakers Don’t Approve Draft Brexit Deal, What Comes Next?
Nov 23 2018 // Theresa May has now presented the results of her two-year Brexit negotiation to Parliament. Next month she’s set to ask lawmakers to approve the deal. And everyone — except perhaps the prime minister —...
Factbox: Key Elements of EU-UK Draft Deal for Post-Brexit Relationship
Nov 22 2018 // Britain and the European Union have agreed in principle on a text setting out their future relationship. The deal is pending endorsement by the bloc’s leaders at a summit on Sunday. Here are some key elements of the...
