Articles by Conor Humphries

More Questions Raised Following EU Ruling on U.S. Data Transfer Privacy Shield

The key mechanism used by Facebook to transfer data from the European Union to the United States “cannot in practice be used” for such transfers, according to Ireland’s Data Protection Commission, Facebook said on Wednesday. The U.S. social media giant …

Facebook Loses Bid to Delay EU Data Privacy Suit

Ireland’s High Court has refused a request by Facebook to delay referral to Europe’s top court of a landmark privacy case that could strike down legal instruments used by U.S. tech companies to transfer EU users’ data to the United …

Facebook Wants to Block Top EU Court from Getting Key Privacy Case

Facebook bid on Monday to block referral of a landmark privacy case to Europe’s top court by requesting a last-ditch appeal, seeking to avoid a potential ban on the legal instrument it uses to transfer users’ data to the United …

Airbus Looks to Insurers to Fill Export Trade Funding Gap After Europe’s Freeze

Airbus said on Monday it is working with private insurance firms and banks to help fill a two-year gap in trade funding left by a European freeze on government export credits, but expects limited public financing to resume soon. Airbus …

Bank of Ireland Shares Fall 6%, as Fairfax Financial Sells Stake

Canada’s Fairfax Financial Holdings has sold half of its 5.8 percent stake in Bank of Ireland for more than triple what it paid for it in 2011, a source with knowledge of the deal said, pushing the share price down …

Moscow Choked by Wildfire Smoke, Heatwave; Villages Burn; Planes Diverted

Dense clouds of acrid smoke from peat and forest fires choked Russia’s capital on Friday, seeping into homes and offices, diverting planes and prompting exhausted Muscovites to wear surgical masks to filter the foul air. Air pollution surged to five …