EU News

UK Merger Activity Expected to Drop Sharply

Mergers and acquisitions in the U.K. are likely to drop sharply this year amid uncertainty over Britain’s relationship with the European Union, according to research released Monday. The value of deals is expected to fall to $125 billion this year …

London’s Insurance Industry Could Lose 34,000 Jobs If Britain Exits EU

Lloyd’s of London said that at least 34,000 jobs in the city’s commercial insurance industry are at risk if Britain votes to leave the European Union, with some companies drawing up plans to relocate outside of the U.K. Further job …

EU to Require All New Cars be Equipped With Auto Emergency Call Systems

All new vehicles in the European Union will have to be fitted as of 2018 with a system that automatically calls the emergency services in case of an accident. EU lawmakers on Tuesday decided to make the eCall system mandatory …

EU Lawmakers OK New Data Protection Laws

A European Parliament committee on Monday approved sweeping new data protection rules that would strengthen online privacy and outlaw the kind of data transfers that the United States used for its secret spying program. The draft regulation was beefed up …

Learn Safety Lessons, Regulators Tell Oil Firms

Oil and gas companies must improve the way they deal with safety issues in the wake of the Gulf of Mexico and Montara oil spills, regulators said at a two-day conference on safety in the sector. The issue has come …

Russia Fully Lifts EU Vegetable Ban

Officials say Russia is lifting a ban on vegetable imports from five EU countries, imposed in early June to stem an E. coli outbreak. The country’s consumer rights watchdog said in a statement Monday that it would allow the import …