BRUSSELS (Reuters) - The United States has not satisfied the European Union's concerns about Yahoo's scanning of all customers' incoming emails for U.S. intelligence purposes, the bloc's justice chief told Reuters in an interview.
SAN FRANCISCO: Yahoo Inc last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by US intelligence officials, according to people familiar with the matter. The company complied with a classified US government demand, scanning hundreds of millions of Yahoo Mail accounts at the behest of the National Security Agency or FBI, said three former employees and a fourth person apprised of the events.
GettyBRUSSELS (Reuters) - The concerted response from Berlin, Paris and Brussels to British Prime Minister Theresa May's announcement last week of a March deadline to open divorce talks with the European Union made clear the bloc is not waiting idly for London to call.
BRUSSELS (Reuters) - The European Parliament debates plans for a euro zone banking union on Wednesday, with members likely to raise concerns that the project designed to ease the currency bloc's crisis could sow divisions within the wider EU. Earlier this month, Brussels proposed that the European Central Bank should supervise all euro zone banks as a first step towards creating the union, under which the 17 member nations would form a united front to back their lenders. ...
BRUSSELS — EU lawmakers are threatening to block a multi-billion dollar trade pact between Canada and the European Union — a blueprint for a much bigger EU-U.S. deal — because it would allow firms to sue governments if they breach the treaty.
The agreement with Canada, a draft of which was seen by Reuters, could increase bilateral trade by one fifth to 26 billion euros ($34 billion).
BRUSSELS (Reuters) - The European Commission has opened an in-depth investigation into the proposed acquisition of Goodrich Corporation by United Technology Corporation (UTC), both U.S. aviation equipment makers, the European Union's executive said on Tuesday. The Commission said preliminary investigations showed potential competition concerns regarding the markets for engine controls and AC power generators. The parties would have very high combined market shares in these areas, the EU's competition watchdog said. ...
BRUSSELS/BERLIN – Germany signaled on Wednesday it was ready to back plans for the European Central Bank to be made the chief supervisor of banks, raising the prospect of a breakthrough on the European Union’s most ambitious financial reform.
Finance Minister Wolfgang Schaeuble told the German cabinet he was “optimistic” about a deal ahead of a meeting of EU finance ministers in Brussels on Wednesday, a German official said, speaking on condition of anonymity.
BRUSSELS (Reuters) - The European Commission has asked the United States about a secret court order Yahoo used to scan thousands of customer emails for possible terrorism links, following concerns that may have violated a new data transfer pact.