Page 49 - Foo Yun News Today

EU rejects Russian decision to label media outlet Meduza as foreign agent Reuters 1 hr ago By Foo Yun Chee BRUSSELS, April 24 (Reuters) - The European Union on Saturday rejected Russias labelling of independent news site Meduza as a "foreign agent" media organisation, saying its media restrictions contravene its international obligations and human rights commitments. The designation issued on Friday requires Meduza to label itself as such, subjecting it to increased government scrutiny. Set u...

EU aims to set global standards for AI, fines for violations Foo Yun Chee , By Foo Yun Chee BRUSSELS (Reuters) - The European Commission on Wednesday announced tough draft rules governing the use of artificial intelligence (AI), including hefty fines for violations, a ban on surveillance with a few exceptions and strict safeguards for high risk AI applications. The AI rules could help the European Union take the lead in regulating a technology that critics ...

EU to examine Illuminas $7.1 bln acquisition of Grail on antitrust grounds Reuters 4 hrs ago BRUSSELS, April 20 (Reuters) - EU antitrust regulators will examine Illumina Incs proposed $7.1 billion acquisition of cancer test maker Grail Inc, the European Commission said on Tuesday, following a request from six countries on competition concerns. U.S. life sciences company Illumina announced last September that it would acquire Grail - which it previously owned before spinning it off as a separa...

2 Min Read FILE PHOTO: The offices of gene sequencing company Illumina Inc are shown in San Diego, California January 11, 2016. REUTERS/Mike Blake BRUSSELS (Reuters) - EU antitrust regulators will examine Illumina Inc’s proposed $7.1 billion acquisition of cancer test maker Grail Inc, the European Commission said on Tuesday, following a request from six countries on competition concerns. U.S. life sciences company Illumina announced last September that it would acquire Grail - which it previo...

2 Min Read FILE PHOTO: A fisherman puts a tyre onto a fire at a road block, as they protest the practice of electric pulse fishing, in Boulogne sur Mer, France, January 25, 2018. REUTERS/Pascal Rossignol BRUSSELS (Reuters) - The Netherlands on Thursday lost its fight against an EU-wide ban on electric pulse fishing after Europe’s top court said EU lawmakers have wide discretion in making legislation. Pulse fishing is widely used in the Netherlands, which says the technique reduces unwanted by...

3 Min Read BRUSSELS (Reuters) -Daimler’s Spanish unit can be liable for damages sought by companies affected by the German carmaker’s role in a truck cartel fined by EU antitrust regulators five years ago, an adviser to Europe’s top court said on Thursday. FILE PHOTO: Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo/File Photo Should the court follow the non-binding opinion in the coming months, it could pave the ...

Amnesty International, Privacy International and 28 other civil and human rights groups on Wednesday urged EU lawmakers to take a strong stand on privacy rights in proposed rules governing Facebook's WhatsApp and Microsoft's Skype.

Message : Required fields BRUSSELS (Reuters) - Insurance broker Aons offer to sell assets in five EU countries and takeover target Willis Towers Watsons reinsurance arm may not be enough to address EU competition concerns, people familiar with the matter said on Tuesday. Aon is looking to the acquisition to create the worlds largest insurance broker ahead of Marsh & McLennan Companies Inc as the industry grapples with rising claims and new challenges from the COVID-19 pandemic and climate c...

2 Min Read BRUSSELS (Reuters) - Ryanair on Wednesday had another setback in its fight against state aid for rival airlines after Europe’s second-highest court again backed EU competition regulators’ approval of support for SAS and Finnair. FILE PHOTO: A Ryanair Boeing 737-800 airplane takes off from the airport in Palma de Mallorca, Spain, July 29, 2018. REUTERS/Paul Hanna/File Photo Europe’s biggest budget airline has filed 16 lawsuits against the European Commission for allowing state ...

Insurance broker Aon has offered to sell assets in several EU countries and the reinsurance unit of takeover target Willis Towers Watson to gain EU antitrust approval for its $30 billion acquisition bid, a person familiar with the matter said on Monday.