European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

Forced ‘Tech Transfers’ Gain Ground In China
Forced ‘Tech Transfers’ Gain Ground In China
May 20, 2019  |  Regulation

According to the European Union Chamber of Commerce in China, incidences of European companies being “forced” to transfer technology in China are on the rise....

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EU Fines Banks Billions For Manipulating Currency Prices
EU Fines Banks Billions For Manipulating Currency Prices
May 16, 2019  |  Regulation

The European Union has slapped Barclays, RBS, Citigroup, JPMorgan and MUFG with a €1.07bn fine over allegations that they worked together to manipulate the foreign exchange...

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Alibaba’s Ma Worries EU Regulations Will Stifle Tech Innovation
Alibaba’s Ma Worries EU Regulations Will Stifle Tech Innovation
May 16, 2019  |  Regulation

Jack Ma, the Chinese billionaire and founder of Alibaba, expressed concerns technology companies will be harmed by increased regulation coming out of Europe. CNBC, citing...

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EU Antitrust Regulators Fine Banks For FX Manipulation
EU Antitrust Regulators Fine Banks For FX Manipulation
May 09, 2019  |  Regulation

European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, according to reports. The banks involved are Barclays, Citigroup,...

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EU Government Backs New Laws To Protect Creative Industries
EU Government Backs New Laws To Protect Creative Industries
April 15, 2019  |  Regulation

Governments making up the European Union have backed an initiative by the European Commission aimed at protecting Europe’s creative industries, ensuring fair compensation when the...

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No-Deal Brexit Will Slash 3.5 Pct Off UK GDP
No-Deal Brexit Will Slash 3.5 Pct Off UK GDP
April 09, 2019  |  International

The International Monetary Fund (IMF) warned on Tuesday (April 9) that a no-deal Brexit would sacrifice between two and three years of normal economic growth...

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SWIFT, Ripple Support EU Blockchain Group Launch
SWIFT, Ripple Support EU Blockchain Group Launch
April 05, 2019  |  Blockchain

A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted...

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France, Germany And EU Want China To Play Nice
France, Germany And EU Want China To Play Nice
March 26, 2019  |  International

The European Commission, along with France and Germany, are calling on China to open its domestic market more to foreign companies. According to a report...

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Nike Receives $14.14M Fine Over Cross-Border Sales
Nike Receives $14.14M Fine Over Cross-Border Sales
March 25, 2019  |  Retail

In the latest European Union sanction related to cross-border sales, Nike received a $14.14 million — or 12.5 million euro — fine. The European Commission claimed...

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