A Chinese conglomerate loses control of its elite European soccer team, as Beijing fails to dominate the world’s favorite sport
About a decade ago, Xi Jinping, China’s president, had a dream: to turn the country into a global soccer powerhouse. ...
Tag: European
DeepL, a European rival to Google Translate, rides AI hype to a $2 billion valuation
Deepl CEO Jarek Jaroslaw.DeepLPARIS — DeepL, an artificial intelligence-powered translation platform, said Wednesday it's raised $300 million in fresh funding, ...
Early Facebook investor Accel raises $650 million fund to back European and Israeli startups
From left to right, Accel general partners Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, and Philippe Botteri.AccelVenture capital ...
European companies in China are under pressure from slower growth, overcapacity
A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China, ...
European stocks slip as mixed earnings offset M&A cheer
European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A ...
European shares edge up as basic resources rally offsets investor caution
European shares opened marginally higher on Monday, led by gains in basic resources, although investor caution ahead of euro zone ...
European shares muted ahead of key economic data
European shares were subdued early on Wednesday, ahead of key euro zone economic data and congressional testimony from U.S. Federal ...
Stripe rival Adyen’s shares soar 22% as European payments giant posts profit beat, slows hiring
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company's market ...
Amazon’s failed iRobot deal is European regulators’ latest win in a yearslong campaign to stop big tech from getting bigger
Amazon couldn’t keep its acquisition of robot vacuum maker iRobot clean enough for European Union regulators. On Monday, Amazon and ...
European shares fall as technology, sportswear makers slide
European shares fell on Friday, dragged by technology and sportswear makers, as investors assessed the potential disruption from Red Sea ...
