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LIVE: MARKETS REACT TO JOHN HEALEY'S BUDGET

european union

  • EU nations reach agreement on carbon tax

    March 15, 2022

    French President Emmanuel Macron has revealed that European Union (EU) member states have reached an agreement on a carbon tax.

  • Tech giants prefer fines to compliance says EU’s Margrethe Vestager

    February 23, 2022

    Some tech giants may prefer to pay a fine rather than comply, said the European Union's antitrust chief, citing Apple's recent battle with the Dutch courts.

  • Big tech rule book could be agreed as soon as April as EU clamps down on Google and Apple

    February 15, 2022

    Landmark EU rules aimed at curbing the power of tech giants could be agreed between lawmakers and EU countries as soon as April. Although the rules have faced some obstacles, lawmaker Andreas Schwab told Reuters that he is optimistic that an agreement could be reached in record time for a key piece of legislation. Known [...]

  • EU set to launch internet satellite system moving away from Chinese dependency

    February 15, 2022

    The EU is gearing up to launch its own satellite internet system to keep up with the likes of Amazon and Elon Musk owned SpaceX, removing European reliance on Chinese-built infrastructure.

  • EU to probe public sector cloud services following pandemic boom

    February 15, 2022

    European privacy watchdog said today that it will launch joint investigations with 22 national regulators into the use of cloud-based services by the public sector to check if they comply with its privacy safeguards following the digital transformation pandemic boom.

  • EU aims to tighten data curbs on non-EU governments

    February 3, 2022

    New European law will start requiring cloud services, like Amazon and Microsoft, to set up safeguards against illegal data transfers to non-EU governments, as the EU continues to rein in US tech giants. According to reports by Reuters, the European Commission’s Data Act, which is set to be published at the end of this month, [...]

  • EU regulators dish out record €1.1bn in fines for GDPR breaches in 2021

    January 18, 2022

    The total value of fines dished out by EU authorities for breaches of GDPR has risen to record highs of almost €1.1bn (£0.9bn), after jumping sevenfold between 2020 and 2021. EU authorities dished out a record €1.087bn worth of fines last year – a sevenfold increase on the € 158.5m worth of fines handed out [...]

  • ‘An awful lot to play for’: Google lobbies EU for a softer Digital Markets Act as final changes made

    January 14, 2022

    Google is in the process of nudging European Union officials this week in a last minute effort to influence the impending Digital Markets Act (DMA). 

  • EU domain name revoked: thousands of UK websites taken down in post-Brexit internet push

    January 5, 2022

    Nearly 50,000 internet domain names belonging to UK businesses and citizens have been taken down this week following the revocation of their .eu domain names.

  • Reeled in: EU council approves post-Brexit deal on shared fishing stocks

    December 22, 2021

    The European Council has backed a deal between the EU and UK on their shared fishing stocks, after months of wrangling between both parties.

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