European shares ended flat on Tuesday as gains in auto and travel shares were offset by geopolitical risks, with some Western countries imposing sanctions on Russia after it ordered troops into two breakaway regions of eastern Ukraine. The pan-European STOXX 600 index was flat, with automakers, travel stocks and technology shares the top gaining sub-indexes, […]
Europe
European shares fell as much as 2 percent on Friday, dragged down by auto and technology stocks, amid prospects of higher interest rates and geopolitical tensions in Ukraine. The pan-European STOXX 600 was down 1.4 percent, paring some losses after falling as much as 2 percent earlier in the day, and on track for its […]
The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views of some investors spoken to by Reuters. Ian Simm, founder and CEO at Impax Asset Management “The inclusion of gas and nuclear (with conditions/caveats) in the EU taxonomy reflects a […]
European shares slipped in early deals on Monday, with technology stocks falling the most after worries about tighter monetary policies triggered a bruising sell-off in global equities last week. The pan-European STOXX 600 index slipped 0.4% by 0814 GMT, with Asian stocks also under pressure as investors braced for a hawkish update from the Federal […]
The European Commission has opened an in-depth investigation into the Czech telecom regulator CTU’s proposal to regulate wholesale access to mobile networks. The Commission questioned the CTU’s claim of joint dominance by the three existing mobile network operators and compatibility of the proposed ex ante regulation. As such, access and call origination are services which […]
The European Commission (EC) has finally commenced its strategy to curb Artificial Intelligence (AI) influence by voting on the ban of facial recognition in Europe’s law enforcement agencies until further regulations legislation. EU revealed through research that the adoption of facial recognition for law enforcement is resulting in more harm than good and that the […]
In one year, the United Kingdom has set the stage for its drastic growth in the cryptocurrency movement among all European countries. The Land of the Rose’s fascination with blockchain technology resulted in more than $170 billion in received value, according to a Chainalysis report. The report revealed that the Central, Northern, and Western divisions of Europe […]
Enteral Access Technologies (E.A.T.), a medical device company based in Liverpool, has received the CE Mark for its DoubleCHEK device, which enables the company to market the patient safety product in all EU countries. George Gallagher, founder and CEO, said: “We are pleased to now be able to affix the CE Mark to our DoubleCHEK […]
EU lawmakers at the European Parliament aims to navigate the debate on tough new rules targeting Facebook, Google, and other big tech companies to secure support to Europeans’ fundamental rights. In December of last year, the European Commission (EC) suggested the Digital Service Act (DSA) that will oblige Big Tech companies to go the extra […]
The European Union on Monday agreed to tighten up rules for the sale and export of cybersurveillance technology. EU lawmakers and the European Council reached a provisional deal to update controls of so-called dual use goods such as facial recognition technology and spyware to prevent them from being used to violate human rights. Under the […]