insert_link Business / Economics EU Adds Namibia to High-Risk Financial Watchlist The European Commission has listed Namibia among countries posing high risks for money laundering and terrorism financing, following February’s FATF grey list decision. The move highlights strategic gaps in Namibia’s financial regulatory systems that need urgent reform. EU Ambassador Ana Beatriz Martins confirmed that the listing—also affecting Kenya, Angola, and others—now awaits approval from the European Parliament and Council. today25 June, 2025
insert_link World EU fines Meta $840 million The European Commission has fined Meta 840 million dollars for allegedly breaking antitrust rules. The EU accuses Facebook's parent company of gaining an unfair advantage by putting Facebook Marketplace on its social media platform. William Denselow reports from Brussels. today15 November, 2024
insert_link Business / Economics EU issues Apple compliance warning The European Commission has warned Apple that it may be in breach of its Digital Markets Act. In preliminary findings, EU regulators have accused the tech giant of failing to sufficiently steer users away from its App Store. today24 June, 2024
insert_link World EU fines fragrance firm 15.9 mn euros for ‘deleting WhatsApp messages’ The EU today handed US giant International Flavors & Fragrances a 15.9-million-euro ($17.1-million) fine for obstructing a major cartel probe after an employee deleted WhatsApp messages. Brussels antitrust regulators raided several companies across Europe including IFF last year over suspicions the fragrance firms were colluding to fix prices. The European Commission, the EU's antitrust regulator, said during those inspections it sought to review the phones of some […] today24 June, 2024
insert_link World The European Commission has launched an investigation into China’s market for medical devices The European Commission has launched an investigation into China's market for medical devices. The probe is the latest flare-up in trade tensions between Brussels and Beijing. Our Europe Correspondent Giles Gibson has more. today25 April, 2024
insert_link World UNRWA’s Money Woes May Be Easing as Some Donors Return, but US Is Unlikely Numerous donors are returning to fund UNRWA, the UN Relief and Works agency for Palestinians, reacting to preliminary results from a UN probe into Israeli accusations that agency staff participated in the Oct. 7 massacre. But it appears the United States will not be directing contributions to the organization this year. UNRWA is the main operation delivering food to Gaza, above. UNRWA/INSTAGRAM After weeks of deepening financial straits amid […] today15 March, 2024
insert_link Africa BlueInvest Africa 2024: Calling African Entrepreneurs BlueInvest Africa is calling for African entrepreneurs eager to venture into the blue economy. Thirty outstanding projects will be handpicked for presentation to a panel of investors at the second edition of BlueInvest Africa, scheduled to take place in Kenya on 3 and 4 July 2024. The deadline for applications is 26 January 2024. BlueInvest Africa 2024 marks the second edition of this important business event, initiated by the […] today9 January, 2024
