Ireland fines Instagram 405M euro for failing to protect children’s data

Enlarge (credit: Thomas Trutschel/Getty Images) Ireland’s data regulator has fined Instagram 405 million euro for violating the EU’s General Data Protection Regulation and failing to safeguard children’s information. The fine from the Data Protection Commission followed a two-year investigation into the Meta-owned social media platform. The investigation covered complaints that Instagram defaulted the accounts of […]

The euro just dropped below $0.99 for the first time in 20 years after Russia halted gas flows

A surge in the dollar has hammered other currencies such as the euro. Tunahan Turhan/SOPA Images/LightRocket via Getty Images The euro dropped below $ 0.99 for the first time in two decades after Russia halted the flow of natural gas. A surge in the dollar piled pressure on other major currencies, with investors flocking towards […]

Pound to euro exchange rate: Sterling ‘advances’ as Italy plunges into recession

The pound has climbed against the euro after figures showed Italy fell into recession at the end of 2018, while German consumers stopped spending in December. Sterling has endured a political rollercoaster this week after MPs voted in Parliament on Brexit for Prime Minister Theresa May to return to Brussels to try and thrash out […]

Pound to euro exchange rate ‘slides’ amid Brexit volatility – should you buy travel money?

The pound to euro exchange rate has decreased despite the odds of a no-deal Brexit slimming, experts have said. On Tuesday, after a day of debate concerning different amendments to the Withdrawal Agreement originally proposed by Prime Minister Theresa May, MPs supported a new approach to reopen the agreement and replace the backstop with “alternative […]

Pound to euro exchange rate: Brexit uncertainty sparks ‘higher’ exchange rate before vote

The ongoing Brexit uncertainty “lit a fire” sending the value of sterling soaring last week, according to experts. The failure of Prime Minister Theresa May and her government to find a divorce deal from the European Union has sparked unexpected consequences for the pound. Earlier this month, the pound reached a two month high against […]

Pound to euro exchange rate: Sterling value falls as euro could see another ‘lift’

The euro could see another “lift” against the value of the pound on Tuesday. Experts claim strong retail figures in the Eurozone have sparked the positive news, with an increase in consumer spending both on the month and on the year, while the worth of the pound dropped. Sterling is currently trading at €1.115 against the euro, […]

Pound to euro exchange rate: Brexit continues to propel sterling as GBP steadies

The pound remains propelled by Brexit this week and is steady against the major currencies. Sterling is currently trading at €1.113 against the euro, according to Bloomberg. Brexit continues to serve as a barometer for the pound’s movements against the euro. Prime Minister Theresa May has warned MPs that a second referendum on Britain leaving […]

Russian women’s handball team slip to defeat against France in Euro final

Russia’s women’s handball team had to settle for second at the European Championship in Paris as they went down to defeat against the French hosts in the final. The teams were meeting in a match-up of the 2016 Olympic final, in which Russia had sensationally won gold. ‘World’s most beautiful team’: Russian women’s handball stars […]

Pound to euro exchange rate: Sterling holds as May returns to Brexit negotiations

The value of the pound against the euro has held today, after only having just slightly recovered following the leadership challenge on Wednesday night. The rate is now €1.1114 according to Bloomberg figures, while yesterday the pound rose against the euro at €1.110. The steady value of sterling comes as Theresa May returns to Brexit negotiations, […]