EU justice commissioner Vera Jourova

The European Commission on Tuesday welcomed an update to Facebook’s terms and conditions that spells out how the social media giant uses consumers’ data and how accounts can be disabled or closed, in line with EU demands. Under the new…

The European Commission added Saudi Arabia, Panama, Nigeria and other jurisdictions to a blacklist of nations that pose a threat because of lax controls on terrorism financing and money laundering, the EU executive said on Wednesday. The…