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Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance

Nov 18 2024 // Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the US tech giant’s first ever penalty for EU...

EU Readies More Sanctions on Russia’s Shadow Fleet by Year’s End

Nov 15 2024 // The European Union is working on a new package of sanctions aimed at targeting the shadow fleet of tankers Russia is using to get its oil to market, according to people familiar with the matter.The package, which the bloc...

Cevian’s Baloise Move Triggers European Insurers to Study Deal

Nov 13 2024 // Baloise Holding AG has become one of the most-discussed takeover candidates in the European financial sector, after agitation by an activist investor triggered top industry players to take fresh looks at the Swiss...

2024 Will Be World’s Hottest Year on Record, EU Scientists Say

Nov 7 2024 // This year is “virtually certain” to eclipse 2023 as the world’s warmest since records began, the European Union’s Copernicus Climate Change Service (C3S) said on Thursday.The data was released ahead...

Swiss Re Agrees to Sell iptiQ’s European P&C Business to Allianz Direct

Nov 5 2024 // Swiss Re has agreed to sell iptiQ’s European P&C business to Allianz Direct, in line with its strategic decision to withdraw from iptiQ.Allianz Direct, the pan-European online insurer of Allianz Group, will take...

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