AdvertisementAdvertisementBusinessFILE PHOTO: U.S. and European Union flags are seen in this illustration taken March 20, 2025. REUTERS/Dado Ruvic/Illustration/File Photo03 Sep 2025 03:53PM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST BRUSSELS :Europe's second-highest court on Wednesday backed a new data transfer deal agreed between the European Union and the United States two years ago to replace two previous pacts rejected by a higher tribunal."The General Court dismisses an action for annulment of the new framework for the transfer of personal data between the European Union and the United States," it said in a ruling."In so doing, it confirms that, on the date of adoption of the contested decision, the United States of America ensured an adequate level of protection for personal data transferred from the European Union to organisations in that country," the Luxembourg-based General Court added.The agreement affects thousands of companies, ranging from banks to tech companies to drugmakers and car manufacturers, that transfer personal data across the Atlantic for commercial use such as payroll purposes.The case is T-553/23 - Latombe v Commission.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST