European Headline: news from across Europe

KineDB raises €850,000 for database technology spanning cloud and offline use

Superhero Capital led the pre-seed round, with funding intended for product development and recruitment of specialist engineers.

29 Oct, 08:041 min read

Tech & Startups
Ravical raises US$17 million to expand accounting AI platform
29 Oct, 07:041 min read
Business
European energy coalition seeks €1 billion for natural hydrogen exploration
28 Oct, 22:482 min read
Tech & Startups
Proxima Fusion signs Japanese partnerships for German fusion projects
28 Oct, 21:472 min read

Europe

UK pledges defence spending of 3 per cent of GDP by 2030

Chancellor John Healey left funding details to a spending review next year and pledged £10 billion in additional support for Ukraine.

28 Oct, 16:481 min read

European governments pursue social media curbs alongside EU proposal
28 Oct, 07:04
Denmark and Sweden criticise Finnish-Norwegian call to Putin
27 Oct, 18:34
Reynolds denies split with Burnham over closer EU ties
27 Oct, 11:19

Policy

EU and Canada weigh study of long-term LNG supplies

A draft summit statement proposes examining Canadian gas exports to Europe but leaves volumes, costs and infrastructure requirements unresolved.

28 Oct, 19:481 min read

Commission clears €319 million Austrian subsidy for Infineon chip plant
28 Oct, 18:33
Hungary’s €5.4 billion defence loan application wins Commission approval
28 Oct, 18:18
Commission opens talks on raising EU refinery output
28 Oct, 14:18

Business

South Korea fines Google and Apple over app payment restrictions

The companies must allow links to external payment options and change app reviews, following similar enforcement action in the EU.

28 Oct, 21:332 min read

Germany and Japan agree closer cooperation on economic security
28 Oct, 17:18
BNP Paribas profit rises 13.5 per cent as equities trading grows
28 Oct, 11:49
Mercedes-Benz cuts profit outlook as China conditions weigh
27 Oct, 16:06

Markets

European gas benchmark tops €100 as EU energy chief warns of difficult winter

EU gas storage was 75 per cent full on 21 October, below the usual 90 per cent target for 1 November, according to the bloc’s energy regulators.

28 Oct, 19:332 min read

Besi shares gain more than 10 per cent as Applied Materials plans larger stake
27 Oct, 14:48
French benchmark bond yield climbs above 5 per cent
21 Oct, 13:04
Euro hits lows against dollar and pound despite ECB rate increases
15 Oct, 16:34

Economy

UK budget offers £100 energy payments and raises bank tax

Chancellor John Healey targets around 20 million households for winter support while reducing the fiscal buffer and increasing a surcharge on bank profits.

28 Oct, 15:332 min read

EU real household income per person rises 0.1 per cent in second quarter
28 Oct, 13:33
German business sentiment improves as October ifo index reaches 90.2
26 Oct, 15:34
Euro area firms report tighter bank lending conditions in ECB survey
26 Oct, 12:07

Tech & Startups

Space Industries opens satellite production plant near Turin

The Stellar Hub can handle spacecraft weighing up to 600 kilograms, with modular facilities allowing several programmes to run simultaneously.

28 Oct, 14:481 min read

Autofixer secures €3 million as it prepares Czech market entry
28 Oct, 09:04
Swiss startup Atlas Bio raises US$10 million for AI trial simulations
27 Oct, 17:34
Machenta raises $40 million to develop robot-learning technology
27 Oct, 14:34

Travel & Culture

Ryanair to close bag drop 60 minutes before departure

The earlier deadline takes effect on 10 November at every airport served by the airline, replacing the current 40-minute cut-off.

28 Oct, 16:031 min read

Spain and Slovenia have until December to decide on Eurovision 2027
28 Oct, 13:07
Accor forecasts 32 per cent rise in European accommodation nights
27 Oct, 13:19
Study suggests July sky may have inspired Van Gogh’s The Starry Night
27 Oct, 11:34