Aerial view of the roof gardens at Gasholder Park in Kings Cross, London. Richard Newstead | Moment | Getty Images The U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the region’s strained property market. An anticipated fall in interest rates and modest economic revival will … Read more
Arc of Triomphe Paris, Champs-Elysees France at night vichie81 / iStock / Getty Images Plus LONDON — Around a half of European companies missed earnings expectations in the latest reporting season despite already low expectations, analysts told CNBC, who predicted that the region will continue to struggle amid high interest rates. As of Feb. 29 … Read more
Amazon has become the second company ever to have its lobbyists banned from the European Parliament, amid accusations that the company does not take the institution seriously. The ban, which means the 14 Amazon employees who had access to the European Parliament can no longer enter the building without an invitation, follows the company’s decision … Read more
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday. Earlier this month, Goldman Sachs … Read more
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Monday show, in which we take a look back at the weekend and what’s ahead in the week. We also had an extra … Read more
A few years ago, setting up shop in Europe was the soup du jour for North American VCs. From OMERs and Lightspeed to Bessemer Venture Partners, the market attracted firms of all sizes, and the Spotify IPO seemed to wake up North American VCs to Europe’s potential to create outsized exits. VCs wanted to make … Read more
MUNICH — With former president Donald Trump encouraging Russia to attack NATO territory and U.S. support for Ukraine flagging, some of the nations that border Russia are looking for ways to harden their defenses, considering land mines and other technologies from ancient wars in a bid to blunt a Kremlin attack. Two years after Russia’s … Read more
SASTAMALA, Finland — The race to stave off disaster in Ukraine’s war against Russia is unfolding in the battle-scarred fields and forests of Eastern Europe and, in a small way, a quiet wooded area of southwest Finland. There, on the floor of an artillery factory, a mechanical arm lifts a mass of molten metal from … Read more
If Nato’s leaders are to draw any lesson from Ukraine’s bitter two-year-long conflict, it is that the alliance remains woefully ill-prepared to deal with the existential threat Moscow poses to its future security. The military aid Ukraine received from the US and Britain in the early stages of the war undoubtedly contributed to Kyiv’s success … Read more
Testing out internet speeds on an Oppo Reno 5G smartphone with EE’s network. Ryan Browne | CNBC London falls far behind other major European cities when it comes to the quality of its 5G connection, according to a report shared with CNBC. The findings from fixed and mobile network benchmarking firm MedUX found that London … Read more