Europe

The EU would start an investigation into the acquisition of chip developer Arm by Nvidia. The acquisition is worth about $54 billion. That writes the Financial Times. With the acquisition announced at the end of last year, Nvidia…
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Germany plans to reduce its stake in airline Lufthansa. In the coming weeks, 5% of the shares will be put on the market. Berlin acquired a fifth of Lufthansa as part of the multi-billion dollar aid package to guide the group through the…
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Eurozone exports recovered strongly from the crisis in June. The value of exports increased by almost 24 percent compared to the same month a year earlier, the European statistical office Eurostat reported. Exports from the…
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The Chinese Xiaomi has been the market leader in Europe in the field of smartphones since the second quarter of this year. This is according to a recently published study by Strategy Analytics. According to the market researcher,…
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Belgium, Portugal and Luxembourg were the first EU countries to receive money from the temporary European recovery fund. It concerns almost 3 billion euros, of which the lion's share (2.2 billion) is intended for Portugal. With the…
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Car sales in France fell sharply in July compared to the same month last year. This is partly due to the worldwide chip shortage that the auto sector faces, reports the French trade association Plateforme Automobile. In July, car…
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US President Joe Biden has nominated his confidant Mark Gitenstein for the post of ambassador to the European Union. The proposed appointment, which still has to be approved by the Senate in Washington, is welcomed in Brussels…
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The United States and the European Union call on Tunisia to respect democracy in the country where President Kais Saied has dismissed the government and sidelined parliament. EU foreign affairs chief Josep Borrell urged on Tuesday,…
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