AI investment in Europe further boosted by €1bn Italian investment
But could a maturing eastern European start-up ecosystem prove a competitor?
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
But could a maturing eastern European start-up ecosystem prove a competitor?
The marketing passport is only available for EU managers
‘Actionable measures’ include streamlining legislation and fostering raw material self-sufficiency
Regulation and political developments among factors leading to a change in strategy
Year-end investment volumes for Europe forecast to reach between €177bn and €182bn
The European Union’s climate regulations may lead to it halting its investments in Europe, ExxonMobil has warned. Speaking to the Financial Times, Karen McKee, president of the product solutions division, said the oil and gas giant had struggled to begin decarbonisation projects in Europe due to the regulatory burden. The result, she added, was that…
Investments to modernise energy and transport must double by the end of the decade to reach 2030 climate targets, the EU has been warned. According to the Institute for Climate Economics (ICE), which has released the European Climate Investment Deficit report, the bloc lacks what it calls a “consistent tool” to ensure monitoring of the…
Tech giants Microsoft and Alphabet have announced heavy investments into the AI landscapes of France and Germany this week. Microsoft is reportedly set to invest €3.2bn in building up its AI infrastructure and cloud capacity in Germany by the end of the next year. The investment is expected to cover the training of some 1.2m…
The German government has predicted the country will see just 0.2% growth in 2024 – a development the finance minister has described as “dramatically bad”. Speaking in Leipzig, finance minister Robert Habeck – tipped by many as Germany’s next Chancellor – warned the nation could not continue as it had, indicating drastic action may be…
The majority of respondents to the latest Bank of America European Fund Manager Survey were ‘bullish’ on the prospects for equities over the coming year, despite short-term pessimism. According to the financial giant’s regular sentiment indicator, more than three-quarters (78%) of those surveyed saw an upside for European equities – the highest level in two…
The European Free Trade Association (EFTA) is coming close to finalising a free-trade deal with India, according to multiple sources. Made up of Iceland, Liechtenstein, Norway and Switzerland, EFTA is set to sign a deal that may see it invest up to $100bn (€93bn) into India. Such a move, wrote euronews, would be unprecedented in…
European equities enjoyed their third-best month on record in January, according to the latest data from Calastone. The company reported in its Fund Flow Index that the sector saw inflows of £471m in the month, following December in which the second-highest inflows were recorded. It also reported that inflows to emerging market equity funds slowed…