Economic Regions The European Union

More

  • BRUSSELS, Feb 1- European and U.S. negotiators missed a deadline to agree a key data transfer pact, the European Union's executive said, with talks snagged over a new oversight role and options for European citizens to seek redress over data privacy violations. European Union data protection law bars companies from transferring EU citizens' personal data to...

  • FRANKFURT, Feb 1- The head of the European Central Bank called for a solution to keep the United Kingdom in the European Union, saying that such an agreement alongside tighter integration of the euro zone would bolster confidence. Mario Draghi made the comments to the European Parliament as British Prime Minister David Cameron sought reforms of the bloc ahead...

  • EU faces opposition to draft bank debt reform Monday, 1 Feb 2016 | 11:35 AM ET

    LONDON, Feb 1- European Union plans to align global and European rules on writing down debt at collapsing banks will be rethought following concerns raised by lenders and member states, people familiar with the situation said on Monday. In a document seen by Reuters, the European Commission suggested last week an "integrated" approach to combining EU rules on "...

  • *Closer Israel ties with Cyprus, Greece alarm Palestinians. JERUSALEM, Feb 1- Israel, Cyprus and Greece have agreed to deepen their energy, security and tourism ties in the Eastern Mediterranean, a deal that may have implications for Israel's testy relationship with the European Union, too. The agreement, signed in Nicosia last week by a beaming Prime Minister...

  • A big risk that could derail Facebook's growth Monday, 1 Feb 2016 | 8:34 AM ET
    A woman checks the Facebook Inc. site on her smartphone whilst standing against an illuminated wall bearing the Facebook Inc. logo

    Tomorrow new EU privacy rules to protect the data of Europeans may be unveiled. The crackdown could cost Internet giants millions.

  • LONDON, Feb 1- Ratings agencies in the European Union, which came under fire during the financial crisis for the verdicts they gave on sub-prime debt, still need to be better supervised, the bloc's auditor said on Monday. The European Court of Auditors said that the European Securities and Markets Authority's supervision of the agencies since 2011 was well...

  • 'No deal' in UK PM's talks with EU chief Tusk Sunday, 31 Jan 2016 | 6:36 PM ET
    British Prime Minister David Cameron

    Britain and the European Union reached agreement in only one of the four areas where Prime Minister David Cameron wants to see reform.

  • Nearly 40 die as migrant boat sinks near Turkey Saturday, 30 Jan 2016 | 1:46 PM ET

    Almost 40 people drowned and 75 were rescued after a boat carrying migrants to Greece sank off Turkey's western coast, officials said.

  • ANKARA, Jan 30- Almost 40 people drowned and 75 were rescued after a boat carrying migrants to Greece sank off Turkey's western coast on Saturday, according to local officials and the Turkish Dogan news agency. More than one million refugees and migrants arrived in the European Union last year and some 3,600 died or went missing, forcing the EU to mull suspending...

  • A new deal is crucial for the many thousands of businesses that until late last year relied on "Safe Harbour", a framework which protected Europeans' data moving to the United States, when it was struck down by an EU court over concerns about U.S. European Union data protection law says companies cannot transfer EU citizens' personal data to countries outside the...

  • LONDON— The European Union and the United States are hurtling toward a deadline on reaching a new agreement over data sharing that would extinguish the risk of costly litigation by consumers worried about their privacy. On Friday, Christian Wigand, a spokesman at the European Commission, said "intense" negotiations were ongoing but warned there wouldn't be an...

  • A new deal is crucial for the many thousands of businesses that until late last year relied on "Safe Harbour", a framework which protected Europeans' data moving to the United States, when it was struck down by an EU court over concerns about U.S. European Union data protection law says companies cannot transfer EU citizens' personal data to countries outside the...

  • *China up for potential trade status review in Dec. BRUSSELS, Jan 29- The European Commission has estimated far fewer jobs would be lost by relaxing trade defenses against China than opponents of the move predict, a document shows, suggesting EU officials are leaning towards accepting Beijing's demands. The European Union has to decide whether to recommend...

  • BRUSSELS, Jan 29- The European Union will impose duties on imports from China on steel used to reinforce concrete while its investigation into dumping by Chinese producers continues, the EU's official journal said on Friday. UK Steel, an industry body, criticised the ruling. "The Commission's decision... clearly shows that the scale of the crisis affecting the...

  • Are multinationals starting to lose the tax battle? Friday, 29 Jan 2016 | 7:36 AM ET
    A poster with an image of Britain's Queen Elizabeth II incorporated into the Google's logo is pictured at the company UK headquarters, in London.

    The battle between the world's leading multinationals and governments looking for tax revenue has heated up over the past week, with Google in the spotlight.

  • 'Real issues' surrounding female leadership roles: CBI

    CBI's director general, Carolyn Fairbairn is the first female head of the Confederation of British Industry. Fairbairn discusses her role.

  • Reform is wanted by UK: CBI Friday, 29 Jan 2016 | 7:00 AM ET
    Reform is wanted by UK: CBI

    CBI's director general, Carolyn Fairbairn discusses the heated debate in Britain about whether the U.K. will choose to stay or leave the European Union.

  • Britain: In or out of the European Union? Friday, 29 Jan 2016 | 7:00 AM ET
    Britain: In or out of the European Union?

    CNBC talks to the Confederation of British Industry (CBI) director general, Carolyn Fairbairn, ahead of the European Union Referendum.

  • UK less exposed to China than elsewhere: CBI Friday, 29 Jan 2016 | 7:00 AM ET
    UK less exposed to China than elsewhere: CBI

    CBI's director general, Carolyn Fairbairn gives her outlook of the U.K. economy, and what could jeopardize the country's state.

  • The ramifications of raising the UK's living wage Friday, 29 Jan 2016 | 7:00 AM ET
    The ramifications of raising the UK's living wage

    If the U.K. government raises the national living wage, what will the impact be? CBI's director general, Carolyn Fairbairn discusses.