Beijing is injecting 317 billion yuan into state-owned financial institutions to reinforce the financial system. China Life Insurance will receive…
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Cyprus property startup leverages €1.6 million to conquer Miami market
Piney, a Cyprus-based property operations startup, secured €1.6 million on September 5, 2026, to fund its US expansion, opening a…
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Europe’s venture capital abandons consumer apps for quantum machines and robotics
Europe’s startup funding is shifting decisively from consumer apps to deep tech, including robotics, semiconductors and quantum computing. The European…
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Europe’s 30,000-Death Heatwave Revives 20-Year-Old Wearable Fan for Office Cooling
Europe’s heatwave has killed more than 30,000 people, prompting researchers to revisit the neck fan, a wearable cooling device that…
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Porsche slashes 500 jobs and shutters e-bike unit after profit collapses 92%
Porsche will cut more than 500 jobs and close three subsidiaries after 2025 operating profit plunged 92.67% to €413 million…
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Former Yandex Offshoot Nebius Hunts Staff in Estonia, Stoking Data Center Mystery
A former Yandex subsidiary is quietly recruiting AI infrastructure talent across Estonia while keeping the purpose of a new data…
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Mistral AI Just Replaced Expensive Robot Sensors With a Single Camera and Changed Industrial Automation Forever
Paris-based Mistral AI on July 8 unveiled its first robotics model, marking the European AI leader's entry into industrial automation.…
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Tala Cuts Up to 100 Kenyan Jobs in Global Restructuring as Digital Lender Centralises Operations
Digital lender Tala is cutting up to 10 percent of its Kenyan workforce — approximately 90 to 100 employees —…
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Sopra Steria Bets on Open-Source AI and Defense Tech to Lead Europe’s Digital Sovereignty Race
French IT group Sopra Steria made two strategic moves on June 15, 2026, extending its collaboration with Red Hat to…
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Recycled Base Oil Market Set to Nearly Double Its Reach by 2035 as Stricter Regulations and Surging Crude Costs Force a Global Lubricants Rethink
The global recycled base oil market is entering 2026 at a pivotal moment, driven by tightening environmental regulations, rising virgin…
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