30 stories found
Under direct U.S. supervision, Venezuela signed multi-billion-dollar energy agreements with American and European firms including Chevron and ENI to expand oil production and investment.
An organized network of North Korean nationals working under false identities across American and European firms is generating foreign currency and gathering intelligence for the regime.
US buyers are purchasing European fund groups at the fastest rate in decades, as European firms struggle and global expansion becomes a priority for asset management companies.
Hong Kong reported a 36% increase in foreign direct investment inflows during the first half of the year, with US and European firms expanding their businesses in the city, according to InvestHK data.
Despite strained relations, European companies are reportedly performing well in China, navigating various hurdles, skepticism, and mistrust.
A new survey by the EU Chamber of Commerce in China indicates that some European companies operating in China are adjusting their supply chains, including shifting more production to the country, in response to the US-Israeli war on Iran and rising costs.
Several major European companies, including Infineon, Adyen, and Ahold Delhaize, released their first-quarter financial results. Most firms also reaffirmed or updated their financial outlooks for fiscal year 2026.
Russia's Defence Ministry has published a list of European addresses allegedly linked to joint drone production with Ukraine, implying potential retaliatory actions against these firms.
European companies are cautioning the EU against quickly reducing reliance on US technology providers, citing operational difficulties and high costs in achieving 'tech sovereignty'.
AI Use Hasn’t Cost Jobs at European Firms Yet, ECB Blog Says Bloomberg.com
Industry executives are urging accelerated investment in data infrastructure to support responsible artificial intelligence deployment. Meanwhile, analysts note that several European firms are gaining significant market share in the global AI landscape.
Several major European aerospace manufacturers are vying for contracts to develop advanced propulsion systems for India’s upcoming indigenous stealth combat aircraft program.
By mid-2026, approximately 30 private space technology companies are expected to reach unicorn status, with European firms like ICEYE and Isar Aerospace already exceeding $1 billion valuations.
Prime Minister Modi, speaking at VivaTech, encouraged European firms to leverage India's talent and resources, advocating for democratized technology to foster inclusive progress and innovation.
Despite escalating geopolitical tensions and concerns over China's export surge, European firms are showing continued interest in maintaining economic ties with China. Germany's Economy Minister has emphasized the need for resilient economic relations with Beijing.
Several major European companies, including Eurobank, Lenzing, Maersk, and EDP, have announced their first-quarter financial results. While some reported profit increases, others experienced significant declines.
China is aggressively collecting vast amounts of data, both private and industrial, treating it as a valuable resource, which is putting European companies operating in the country in a precarious position.
A leading European business association in China has called on Brussels to avoid being a "passive recipient" in US-China trade negotiations, as European firms navigate Beijing's export controls.
Meta is passing on digital services taxes to advertisers in several European countries, including Austria, France, Italy, Spain, Turkey, and the UK. Starting July 1, businesses will pay an extra fee reflecting local tax rates on ads shown in these markets. This move follows criticism from the US, which has threatened retaliatory measures against European firms.
The US Supreme Court has struck down tariffs imposed by former President Trump, leading to discussions about the implications for Mexico.
A new economic analysis suggests that U.S. and European firms are losing their historical competitive edge in the Chinese market as local competition intensifies and regulatory landscapes evolve.
European businesses are less likely to achieve significant scale compared to their US counterparts, despite efforts to grow, highlighting challenges in the European market.
Goldman Sachs researchers have identified European firms they are backing as 'halo stocks' that are benefiting from the global shift driven by the AI boom. This indicates a broader investment trend beyond traditional tech hubs.
The EU has proposed favoring European companies in public contracts for cloud computing and AI services in sensitive sectors, aiming to reduce reliance on foreign firms.
Revolut is developing a private bank, joining a growing number of European firms that are venturing into wealth management services.
Industry figures in Europe's AI translation sector are concerned about potential reputational risks and Silicon Valley's growing monopoly if European firms partner with US companies like Amazon.
China has imposed export bans on dual-use items to seven European entities, citing their alleged involvement in arms sales to Taiwan. This move is a retaliatory measure against what China views as interference in its internal affairs.
A company has unveiled a new anti-missile system, 'Flamingo,' intended to compete with the American Patriot system, with plans for launch by 2027 through partnerships with European firms.
European firms are grappling with the complexities and disruptions caused by US tariff chaos, following a recent Supreme Court ruling.
Concerns are rising about a potential AI price war, which could impact the valuations of major US tech companies. Meanwhile, an activist investor highlights a Japanese toilet maker as an 'undervalued' AI play due to its 'cryogenic etching' technology.