Archives
Commission starts legal action against 23 EU countries over copyright rules
August 4th, 2021
France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national law, the European Commission said on Monday as it asked the group to explain the ...
Euro area unemployment at 7.7%
August 4th, 2021
In June 2021, the euro area seasonally-adjusted unemployment rate was 7.7%, down from 8.0% in May 2021 and from 8.0% in June 2020. The EU unemployment rate was 7.1% in June 2021, down from 7.3% in May 2021 and ...
The dollar was pinned near recent lows against other currencies
August 4th, 2021
The dollar was pinned near recent lows against other currencies on Tuesday, as traders awaited U.S. jobs data for a guide to the rates outlook, while labor market strength lifted the kiwi in anticipation of a New Zealand rate ...
Cryptocurrency trading volume plunges
July 13th, 2021
Cryptocurrencies are in a summer slump as they navigate a two-month correction period following a string of negative stories. Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance and Bitstamp, fell more than 40% in June, according to ...
ESMA imposed a fine for EMIR Data breaches
July 13th, 2021
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has fined DTCC Derivatives Repository Plc (DDRL) a total of €408,000 for seven infringements of the European Market Infrastructure Regulation (EMIR) regarding data confidentiality, data integrity, and ...
Survey: Four in five consumers globally would use a biometric payment card
July 13th, 2021
More than four fifths of consumers (81%) worldwide are ready to use a biometric payment card and authenticate payments with their fingerprint rather than a PIN code, according to a survey commissioned by a biometric technology provider. The survey ...
EU hits pause on US digital levy to focus on global corporate tax plan
July 13th, 2021
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of ...
Data protection: Commission adopts adequacy decisions for the UK
July 13th, 2021
The Commission has today adopted two adequacy decisions for the United Kingdom – one under the General Data Protection Regulation (GDPR) and the other for the Law Enforcement Directive. Personal data can now flow freely from the European ...
European stocks are expected to struggle for direction at the open on Tuesday
July 13th, 2021
European stocks are expected to struggle for direction at the open on Tuesday ahead of earnings reports from several big banks in the U.S. London’s FTSE is seen opening 5 points lower at 7,128, Germany’s DAX 1 point higher ...
About £114m of cryptocurrency has been seized by UK police
June 25th, 2021
Police make UK’s biggest ever cryptocurrency seizure as they confiscate £114m. The Metropolitan Police did not say which cryptocurrencies it had taken, or when the operation took place. About £114m of cryptocurrency has been seized by UK police as ...
