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(Reuters) -The Dutch Data Protection Authority (DPA) said on Wednesday it fined Netflix 4.75 million euros ($4.98 million) for not properly informing customers about its use of their personal data between 2018 and 2020. The investigation, which started in 2019, showed that “Netflix did not inform customers clearly enough in its privacy statement about what …

Dutch watchdog fines Netflix for not properly informing customers about data use Read More »

ZURICH (Reuters) – A Swiss parliamentary report into how authorities managed the 2023 collapse of Credit Suisse will be published on Friday, the Swiss parliament said on Wednesday. The report by the parliamentary committee looking into the Credit Suisse meltdown has been eagerly awaited for months and the government says its findings will feed into …

Swiss report on Credit Suisse collapse to be published Friday Read More »

By Toby Sterling AMSTERDAM (Reuters) -Dutch prosecutors said they will not prosecute former executives of the two biggest banks in the Netherlands on Wednesday, saying there was not enough evidence to merit criminal charges after investigating whether they did enough to stop money laundering. The decisions, announced in separate statements after lengthy investigations by prosecutors, …

Dutch prosecutors drop criminal cases against former ING, ABN executives Read More »

(Reuters) -German tire and auto parts maker Continental plans to complete the listing of its automotive business on the Frankfurt stock exchange by the end of 2025, it said on Wednesday. It also reiterated that its Original Equipment Solutions business that supplies rubber products to carmakers will be divested in the near future, with the …

Tire maker Continental plans listing of automotive business by end 2025 Read More »

By Victoria Waldersee and Christina Amann HANOVER, Germany (Reuters) -Crunch talks between Volkswagen and unions over cuts to the automaker’s German operations continued on Wednesday and are expected to last into the night, reflecting intense efforts to strike a deal before Christmas and avert major strikes in 2025. Earlier in the day, both sides had …

Marathon VW talks drag on in search for pre-Christmas deal with unions Read More »

By Karen Freifeld (Reuters) -A California company that illegally shipped transistors and other items to Russia last year that it could use in radar and avionics systems for its war on Ukraine settled proposed U.S. charges, the Commerce Department said on Wednesday. Integra Technologies, a radio frequency and microwave power solutions company, sent $6.67 million …

California company settles proposed charges over illegal shipments to Russia Read More »

By Valentina Za and Elvira Pollina MILAN (Reuters) -Italy’s Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank’s stakeholders and its bid for Anima, after rival UniCredit launched its own bid for BPM. Banco BPM had complained before that UniCredit’s 10 billion euro all-share bid jeopardised its buyout …

Italy’s BPM asks market watchdog to protect stakeholders after UniCredit bid Read More »

By Simon Jessop, Kate Abnett and Virginia Furness LONDON/BRUSSELS (Reuters) – Europe’s businesses and homes need to increase their insurance cover to better withstand climate catastrophes, the European Central Bank and the EU’s insurance regulator said on Wednesday as they proposed policies that could boost uptake. With just a quarter of natural catastrophe losses currently …

ECB proposes EU scheme to expand climate insurance uptake Read More »