With backing from NATO Innovation Fund, OTB Ventures will invest $185 million into European deep tech

Not a day goes by without some confirmation that ​​deep tech is on the rise in Europe — and that public and private capital investors are here for it. Latest case in point, OTB Ventures, which closed a $185 million fund to invest in deep tech in Europe that it will mostly deploy at the … Read more

Doing business in China is growing tougher, more uncertain, European business group says

BEIJING — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years. “This … Read more

Cowboy launches all-road electric bike to attract riders beyond European city centers

Cowboy is better known for its sleek electric bikes that you can see in many major cities across Europe. And if you look at the persons riding those Cowboy bikes, most of the time, you’ll see a young adult heading to an office with a laptop in a backpack. That’s why the company is launching … Read more

European Union announces $8 billion package of aid for Egypt

CAIRO — The European Union on Sunday announced a $8 billion aid package for cash-strapped Egypt amid concerns that economic pressure and conflicts and chaos in neighboring countries could drive more migrants to European shores. The deal is scheduled to be signed during a visit by European Commission president Ursula von der Leyen and the … Read more

Amid rumble of tractor protests, European Union sets out more environmental concessions to farmers

BRUSSELS — The European Union’s executive arm on Friday proposed sacrificing even more climate and environmental measures in the bloc’s latest set of concessions to farmers apparently bent on continuing disruptive tractor protests until the June EU elections. Angering environmentalists across the 27 nations, the Commission proposed to further loosen rules imposed on agriculture which … Read more

European King Pokes Fun at Kate Middleton Photo-Editing Saga

March 15, 2024 7:51 AM EDT Kate Middleton, the wife of Prince William, admitted to editing a family picture of herself and her three children which was posted on the Prince and Princess of Wales’ social media accounts on Mothering Sunday in the U.K. Her statement, also shared across social media, came after several news … Read more

As European dynamism gathers momentum, Elaia and partners double down with new deep tech fund

Deep tech is on the rise in Europe, fueled in part by the match between AI and a local flavor of math excellence. But it’s also benefiting from a growing community, public support and increasing amounts of funding. Elaia‘s third deep tech seed fund, DTS3, is an example: “It is double the size of the … Read more

European lawmakers approve world’s first major act to regulate AI

Surasak Suwanmake | Moment | Getty Images The European Union Parliament on Wednesday endorsed the world’s first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. The EU brokered provisional political consensus in early December, and it was then endorsed in the Parliament’s Wednesday session, with … Read more

European Union’s executive branch to recommend that members open accession negotiations with Bosnia

BRUSSELS — The European Union’s executive arm will recommend that member countries open accession negotiations with Bosnia-Herzegovina, European Commission President Ursula von der Leyen said Tuesday, despite lingering ethnic divisions in the Western Balkan country. Bosnia-Herzegovina country is among six nations from the region — alongside Albania, Serbia, Kosovo, Montenegro and North Macedonia — who … Read more

Surge in far-right support underscores European trend

Democratic Alliance (AD) leader Luis Montenegro celebrates his victory as he addresses supporters at the party’s election night headquarters, in Lisbon on March 10, 2024. Miguel Riopa | Afp | Getty Images Portugal’s far-right Chega party on Sunday received a surge in support in the country’s snap general election, reflecting a broader shift to the … Read more