Latest Europe Headlines

All the headlines from our Europe Topic Page, ordered by recency.

UK Pension Funds Back Next Phase of Post-Brexit Shakeup in City of London

Jul 11 2023 // Aviva, Legal & General and seven other pension firms intend to invest 50 billion pounds ($64 billion) in unlisted companies by 2030 to help the City of London remain a competitive global finance center after Brexit,...

EU Probes Novo Nordisk Drugs After Reports of Suicidal Thoughts

Jul 10 2023 // The European Medicines Agency (EMA) is probing Novo Nordisk’s diabetes drug Ozempic and weight-loss treatment Saxenda after Iceland’s health regulator flagged three cases of patients on the drugs thinking about...

Fusion Specialty Europe Launches Branch in Madrid, Led by DUAL’s Cibin

Jul 3 2023 // Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately.Cibin will lead the expansion of Fusion into Southern European,...

Cyberattacks on Renewables: The Stuff of Nightmares for Europe’s Power Sector

Jul 3 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 European...

UK Regulators Urged to Help Keep London Competitive, Using New Post-Brexit Remit

Jun 30 2023 // Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive, industry officials said on Thursday.After Britain’s...

Britain and EU Sign Post-Brexit Cooperation Pact in Financial Services

Jun 29 2023 // Britain and the European Union signed a long-delayed post-Brexit cooperation pact in financial services on Tuesday, but the rapprochement is unlikely to restore EU access for the City of London anytime soon.The memorandum...

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 season...

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 European...

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...