Tech & Startups
Sweden’s Legora raises US$550 million at US$8.8 billion valuation
The legal AI company plans to fund expansion across North America, Europe and Asia-Pacific and further develop its agentic operating system.
European Headline: news from across Europe
Europe
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Witkoff praises Putin during US diplomatic visit to Russia
The US envoy is expected to propose three-way talks involving Putin, Zelenskyy and Trump as Russian attacks on Ukraine continue.
Policy
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Socialists and Democrats seek EU ban on harmful deepfakes
Draft proposals would require platforms and AI providers to act against prohibited deepfakes without waiting for complaints from victims.
Business
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Revolut outage disrupts card payments and account access
Customers in several European countries reported problems, while Revolut said their money and data remained safe.
Markets
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French benchmark bond yield climbs above 5 per cent
The spread over Germany’s equivalent bond approached 160 basis points amid a parliamentary dispute over France’s 2027 budget.
Economy
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Euro area government deficit rises to 3.3 per cent of GDP
The EU deficit also widened, reaching 3.5 per cent of GDP, while government spending increased relative to economic output in both areas.
Tech & Startups
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European tech investment rises 32.4 per cent as large funding rounds dominate
The UK attracted almost €12 billion, while AI and cloud companies together received around 47 per cent of the quarter’s funding.
Travel & Culture
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Uliassi tops European entries in 50 Best’s extended restaurant ranking
The selection for positions 51-100 includes 20 European venues across 11 countries. The full ranking will be announced in Lima on 4 November.
