EU Will Propose to G7 Nations a Reduction in Sanctions Price Cap for Russian Oil May 20, 2025 By Jan Strupczewski The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on...
Apple, Meta Fined as EU Presses Ahead With Tech Probes April 24, 2025 By Foo Yun Chee and Jan Strupczewski Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators...
Fragmented Europe to Make New Bid for US-Style Capital Market April 15, 2024 By Toby Sterling and Jan Strupczewski After years of struggling to raise capital in European Union markets, Mews – a hospitality software firm with Czech roots...
EU, U.S. Eye Level Playing Field for EU Electric Cars in U.S. Market October 14, 2022 By Jan Strupczewski European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same...
Euro Zone Growth, Inflation Accelerate but Recession Looms July 29, 2022 By Jan Strupczewski The euro zone economy grew much faster than expected in the second quarter, but economists said it might be the...
G7 Countries Aim to Have Price Cap on Russia Oil Before Dec. 5, When Sanctions Kick In July 28, 2022 By Jan Strupczewski The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec....
EU Gives Final Nod to Sanctions Targeting Russia’s Oil, Insurance, Sberbank June 3, 2022 By Gabriela Baczynska and Jan Strupczewski BRUSSELS – The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank...
G7 Leaders Vow to Combat Surging Ransomware Attacks Against Financial Services October 15, 2020 By Andrea Shalal and Jan Strupczewski Financial leaders of the world’s seven biggest economies on Tuesday vowed to fight rising ransomware attacks amid the COVID-19 pandemic,...
SoftBank May Sue Wirecard Accountant EY; EU Probes Germany’s Regulator June 26, 2020 By Jan Strupczewski and Huw Jones The European Union is investigating Germany’s financial regulator over the collapse of payments company Wirecard in a rare move that...
EU Will Not Offer Post-Brexit Passporting for UK Insurers, Banks: Diplomats January 31, 2018 By Jan Strupczewski and Gabriela Baczynska European Union negotiators see no room for discussion with Britain on maintaining “passport” access to EU financial markets for its...