Europe

Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) search arm Google and Amazon.com Inc (NASDAQ:AMZN)-backed AI startup Anthropic has introduced its Claude chatbot and subscription plans in Europe. What Happened: Anthropic, founded by former OpenAI employees in 2021, has unveiled Claude in...

Warren Buffett-backed Chinese automaker BYD Co Ltd (OTC:BYDDF) (OTC:BYDDY) has set its sights on becoming the top battery-electric vehicle (BEV) seller in Europe, aiming to surpass Volkswagen AG (OTC:VWAGY), Tesla Inc. (NASDAQ:TSLA), and Stellantis NV (NYSE:STLA). What Happened: Michael Shu, the...

Investors and traders continue to support riskier assets, while the focus among them is very much on earnings and economic data. The fact that the Dow Jones industrial average has posted its fourth consecutive winning session—the longest winning streak in weeks—has lifted spirits among...

Chinese President Xi Jinping is set to embark on a European tour, visiting France, Serbia, and Hungary, in a bid to strengthen economic ties with the European Union. This move comes amid growing tensions between the U.S. and China, with the EU aligning itself more closely with the U.S. What...

In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General...

March data showed that passenger-car sales in Europe fell 2.8%. On Thursday, the European Automobile Manufacturers’ Association (ACEA) revealed that registrations of new vehicles declined 5.2% to 1.38 million units in March, with BEV sales dropping 11.3%. This data reflects the stories told...

Leaders in the UK’s software industry are calling for increased government support, citing a “dreadful” track record of European software companies. The industry is seeking measures such as tax incentives and talent visas to bolster the sector. What Happened: Over 120 industry...

In a recent revelation, Hungarian Prime Minister Viktor Orbán has stated that former U.S. President Donald Trump plans to stop all financial aid to Ukraine if he is victorious in the next U.S. presidential election. This announcement has significant implications for the ongoing conflict in the...

In a landmark move for the global cannabis industry, Wana Brands, a leading cannabis edibles company, is set to become the first American brand to introduce cannabis-infused edibles to Europe, as reported in Forbes by Javier Hasse. The company announced a strategic partnership with Switzerland-...

Russian President Vladimir Putin is expected to announce the deployment of Russian troops to the breakaway region of Transnistria in Moldova. This move could be revealed during Putin’s annual address to Russian lawmakers on Thursday. What Happened: The separatist authorities of Transnistria...

The European auto industry has decided not to contest the European Union’s (EU) decision to ban fossil-fuel vehicles by 2035, regardless of the outcome of the upcoming European parliamentary elections. What Happened: The European Automobile Manufacturers Association (ACEA), headed by Luca de...

Stellantis (NYSE:STLA) has recently announced a significant deal with a leading leasing and fleet management company, Ayvens. The agreement is set to facilitate the sale of up to 500,000 vehicles across Europe within the next three years. What Happened: Stellantis has reached a multi-billion-euro...

European automotive giants Volkswagen AG (OTC:VWAGY), Renault SA (OTC:RNSDF), and Stellantis NV (NYSE:STLA) are reportedly considering an unprecedented partnership to tackle the growing threat from Chinese EV makers and Tesla. What Happened: As reported by...

In a bid to enhance artificial intelligence (AI) skills in Europe, Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google has pledged a substantial sum. The initiative is aimed at addressing potential inequalities in the AI sector. What Happened: Google has committed to investing 25 million...

Stellantis NV (NYSE:STLA) and Mercedes-Benz Group AG are reportedly on the brink of securing a €4.4 billion ($4.7 billion) debt deal for their electric-car battery venture in Europe. What Happened: Bloomberg reported on Thursday that the Automotive Cells Company SE (ACC), a joint venture between...