EU

News

NATO $1.1B Innovation Fund Makes First Investments Into AI, Robots and Space Tech

The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.

News

ECB Cuts Rates

On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.

Finance & Economics

Euro-Area Inflation Accelerates

In the eurozone, an acceleration in the rate of inflation was recorded, which exceeded preliminary expectations regarding the dynamic of this process.

Finance & Economics

OpenseedVC Reaches First Close of $10m Fund for Early Stage Startups across Africa and Europe

Female-led OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, hoping to reach the final close within a year.

News

Anthropic Brings Claude Chatbot to Europe

Startup Anthropic, which operates in the artificial intelligence industry, has launched its chatbot Claude and subscription plans for this digital product in Europe.

News

Green Finance Becomes a New Norm: Research

The new LBBW study “Sustainability and Green Finance” confirms that combining finance with sustainable aspects is increasingly becoming normal rather than exceptional.

News

ECB Holds Interest Rates to First Cut in June

During the meeting on Thursday, April 11, the European Central Bank decided to keep interest rates at the same level.

Finance & Economics

ECB Prepares to Start Cutting Interest Rates Before Fed Does

The European Central Bank is demonstrating a kind of determination as part of its aspirations to begin implementing a policy of cutting interest rates before similar decisions are made by the Federal Reserve System.

Finance & Economics

Euro-Area Inflation Slows to 2.4%

On Wednesday, April 3, flash official data were released, according to which in March in 20 countries belonging to the eurozone, inflation fell to 2.4%.

Science & Technology

EU Starts Probe Into Meta, Apple and Alphabet

The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.

Science & Technology

World Fund to Offer €300M to European Climate Tech Founders

German-based climate VC World Fund has raised a €300M fund to make substantial investments into European tech startups, developing technologies that can potentially decarbonise entire industries.

Science & Technology

Apple to Allow iPhone App Downloads From Websites in Europe

IPhone owners who live in European Union countries will be able to download apps for their smartphones from websites, instead of through the App Store or a competing virtual store of digital products.

Finance & Economics

ECB Keeps Borrowing Costs Steady

The European Central Bank kept the cost of borrowing at the current level during its fourth meeting, but at the same time, new economic forecasts could become a kind of base of argument to justify the expediency of the financial regulator’s decision to start lowering interest rates in 2024.

News

Apple Makes Big App Store Changes in Europe

Apple is forced, in a sense, to weaken the symbolic fortress of the iPhone in Europe against the background of stricter regulatory requirements in this region.

Science & Technology

EU Watchdog Examines Microsoft’s Mistral AI Investment

Microsoft Corp. investments in Mistral AI will be analyzed by the antimonopoly authority of the European Union.

Science & Technology

Apple Set to Face EU Fine

Apple is facing a fine of about €500 million from the European Union as part of an investigation into the possible application of illegal practices by the technology giant against its music streaming competitors, including Spotify Technology SA.