Latest in Eu Unveils Billion
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CoreWeave and Anthropic make opposite money-raising moves as AI attracts billions
Nvidia-backed Coreweave files to go public, while Amazon-backed Athropic announces a private-market valuation of $61.5 billion.MarketWatch - 1d -
Honeywell beefs up energy security offerings with $2 billion Sundyne deal
Conglomerate adds pump-maker business to its Energy and Sustainability Solutions (ESS) unit.MarketWatch - 21h -
Norway’s oil fund to allocate billions to long-short equity hedge funds
Norges Bank Investment Management to give $250mn mandates to external managersFinancial Times - 13h -
EU envoys approve more sanctions against Russia to mark the third anniversary of its war on Ukraine
European Union envoys have approved new sanctions against Russia, with the measures set to enter into force next week on the third anniversary of its full-scale invasion of UkraineABC News - Feb. 19 -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - Feb. 24 -
The biggest takeaways from Germany's election, which will bring change to the EU's leading power
Germany faces its second change of leader in less than four years after the head of the center-right opposition won Sunday’s electionABC News - Feb. 24 -
EU and UK in talks about Europe-wide defence funding amid fear of US pullback
Donald Trump’s re-engagement with Russia has given new urgency to European discussionsFinancial Times - Feb. 24 -
EU reveals plans to hit climate goals by helping dirty industries clean up
European Commission recommits to 90% emissions cut by 2040, and will support steel and cement in transition. The EU executive has insisted it will stay the course on its climate goals, while ...The Guardian - Feb. 26 -
Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’
EU said it will reply ‘firmly and immediately’ to ‘unjustified’ trade barriers, signaling it’s ready to retaliate against levies. Donald Trump has threatened to slap 25% tariffs on the European ...The Guardian - Feb. 26 -
Trump might not know it, but he’s forging a new relationship between Britain and the EU | Martin Kettle
Support for Ukraine means that closer ties to Europe are now a patriotic priority, opening up avenues that Brexit had once blocked. It would be absurd to claim to see a silver lining behind every ...The Guardian - 6d -
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed "to screw" the U.S.CNBC - 6d -
‘Free world needs a new leader’, says EU foreign chief after Trump Zelenskyy row
The EU foreign policy chief, Kaja Kallas, said ‘the free world needs a new leader’ and that it was up to Europeans to take this challenge. Live reaction to Zelenskyy’s clash with Trump and ...The Guardian - 4d -
‘Trump is abandoning Ukraine and wants a weaker EU’: Dominique de Villepin on Europe’s moment of truth
The former French PM says the US is no longer an ally of Europe – but has joined Russia and China as an ‘illiberal superpower’. Live reaction to Zelenskyy’s clash with Trump and Vance ...The Guardian - 4d -
Drugmakers prepare to sue EU over tax to pay for waste water clean-up
Pharma and cosmetics industries want other sectors to contribute ‘fair share’ towards cost of removing pollutantsFinancial Times - 2d -
Asylum seekers being forcibly expelled at EU borders, says top rights lawyer
Council of Europe’s Michael O’Flaherty urged leaders not to give in to populist rhetoric over migration. Europe’s most senior human rights official has said there is evidence of asylum seekers ...The Guardian - 2d -
EU ambassador to China urges Beijing to stop building coal-fired power plants
Jorge Toledo’s comments come after approvals for coal power projects increased in second half of 2024. The EU’s ambassador to China has urged Beijing to stop building coal-fired power plants, ...The Guardian - 38m -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - Feb. 20 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - Feb. 21 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - Feb. 21 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.NBC News - Feb. 21 -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - Feb. 21 -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.NBC News - Feb. 21 -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.CNBC - Feb. 22 -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - Feb. 23 -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...NBC News - Feb. 23 -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - Feb. 24 -
Forget Stargate. Apple now has its own $500 billion investment plan.
Apple is matching the amount of the Stargate AI joint venture — and building goodwill with the new administration in a familiar approach.MarketWatch - Feb. 24 -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).CNBC - Feb. 24 -
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston.CNBC - Feb. 24 -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - Feb. 24 -
Microsoft reiterates plan to invest $80 billion in AI, but may 'adjust our infrastructure in some areas'
Microsoft hasn't backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure adjustments.CNBC - Feb. 24 -
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.CNBC - Feb. 24 -
Musk’s cost-cutting drive quietly deletes billions in claimed savings from website
‘Wall of receipts’ drops five largest savings claimed by ‘department of government efficiency’ after debunking. US politics live – latest updates When Elon Musk ’s cost-cutting drive, the ...The Guardian - Feb. 26 -
Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires
Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.MarketWatch - Feb. 26 -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - Feb. 26 -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - Feb. 26