Rising Fuel Prices Drive Surge in Electric Supercar Demand
Luxury automakers are accelerating the rollout of high-performance EVs and EREVs as rising fuel prices shift consumer preferences away from traditional models.
EUBizNews EditorialEUBizNews
Latest News
The newest EUBizNews reporting on companies, markets, technology, investment and policy across Europe and Latin America.
EUBizNews Editorial
Mercedes-Benz Targets Porsche With AMG Electric SUV Launch
Mercedes-Benz Group AG unveils its first AMG-developed electric SUV, intensifying competition with Porsche in the luxury EV market while supporting EU sustainability goals.
EUBizNews Editorial
Bolivia’s Energy Crisis Fuels Social Unrest as Gas Reserves Plunge
Bolivia’s dwindling natural gas reserves and IMF-imposed austerity are driving up living costs and stoking public discontent, raising risks of wider instability.
EUBizNews Editorial
Development Banks Forge Alliance to Boost Sustainable Critical Raw Materials
Multilateral development banks, including the European Investment Bank Group, have launched a joint framework to strengthen critical raw materials value chains while upholding high environmental and social standards.
EUBizNews Editorial
Atmos Renewables Expands as BayWa r.e. Retreats from Australian Market
Atmos Renewables has acquired a major wind and solar portfolio from BayWa r.e., as the European developer exits Australia to focus on core markets, reshaping competition in the country's renewables sector.
EUBizNews Editorial
Italian Firms Accelerate Acquisitions of German Businesses, Redefining Cross-Border Investment
A surge in Italian acquisitions of German firms signals a shift in European investment patterns as post-pandemic recovery reshapes economic alliances.
EUBizNews Editorial
US Lifts Restrictions, Opening New Mexico City-US Routes and Boosting Tourism
Mexican airlines can now expand flights to US cities after Washington ended restrictions on routes from Mexico City’s main airports, a move expected to spur tourism growth.
EUBizNews Editorial
Italy Secures EU Deal to Cut Electricity Prices, Bolstering Meloni's Energy Agenda
Italy has reached an EU-backed agreement to lower electricity prices, strengthening Prime Minister Giorgia Meloni’s position as the country faces high fossil fuel costs.
EUBizNews Editorial
Euro Area Trade Deficit Widens to €16.1 Billion as Imports Surge
August 2026 saw the euro area’s trade in goods deficit balloon to €16.1 billion, driven by rising imports and a reversal in the machinery and vehicles balance, according to Eurostat.
EUBizNews Editorial
Škoda Group Targets Rail Growth in India and Azerbaijan Amid Modernisation Push
Škoda Group is strengthening its position in emerging rail markets by pursuing partnerships and technology transfer in India and Azerbaijan, aiming to capitalise on major infrastructure investments.
EUBizNews Editorial
Europe's IRIS² Satellite Network Advances with German Leadership in Defense Strategy
The European Union's IRIS² satellite constellation, featuring major German and Belgian industrial involvement, is set to strengthen Europe's defense autonomy and reduce reliance on foreign providers like Starlink.
EUBizNews Editorial
Danish Startup Today Raises €2.8 Million to Expand AI Platform for Financial Advisors
Copenhagen- and Berlin-based startup Today secures €2.8 million in seed funding to enhance its AI-powered sales system, highlighting investor appetite for fintech innovation.
EUBizNews Editorial
Mastercard integrates BVNK stablecoin tech to streamline EU–LatAm cross-border payments
Mastercard has launched a new platform unifying its payment network with BVNK’s stablecoin infrastructure, aiming to boost efficiency for cross-border trade between Europe and Latin America.
EUBizNews Editorial
European Startups Warn 'EU Inc' Reform Risks Undermining Innovation
Leading founders and investors say proposed changes to the 'EU Inc' initiative could weaken Europe's startup ecosystem and jeopardize competitiveness.
EUBizNews Editorial
Argentina and Austria: What Changes Under the New Double Taxation Treaty
The agreement restores the bilateral tax framework, limits taxation on certain cross-border income and strengthens measures against tax evasion and avoidance. Its tax provisions will generally apply from 1 January 2027.
Panakès Partners Launches €8.5 Million Fund to Boost Lombardy’s MedTech and BioTech Innovation
Milan-based Panakès Partners secures €8.5 million from Lombardia Venture STEP to strengthen Lombardy's MedTech and BioTech sectors, with backing from regional and EU funds.
EUBizNews Editorial
Machinery and Chemicals Lead Decline as Euro Area Industrial Output Drops in August
Industrial production in the euro area fell by 0.5% in August 2026, with machinery and chemicals among the hardest-hit sectors, as Eurostat signals a deepening slowdown.
EUBizNews Editorial
Ambio raises €5.1 million to boost AI-driven recycled plastics procurement
Helsinki-based Ambio has secured €5.1 million in seed funding, led by b2venture, to develop an AI-powered platform aimed at making recycled plastics procurement more reliable and supporting EU sustainability goals.
EUBizNews Editorial
LATAM Cargo Reports 150% Surge in Pharma Shipments Between Europe and Brazil
LATAM Cargo’s pharmaceutical air freight between Europe and Brazil surged 150% in early 2026, defying a flat global market and underscoring the growing demand for high-value medical logistics.
EUBizNews Editorial
Santander and BBVA Execute Syndicated Finance on Blockchain, Signaling Shift in Banking
Santander and BBVA, in partnership with Iberdrola, have arranged a syndicated financing facility using blockchain technology, a move that could reshape banking operations in Europe and Latin America.
EUBizNews Editorial
SMEunited Calls for 20% of Next EU Budget Funds to Support SMEs
The association is urging EU leaders to reduce red tape, improve conditions for investment and ease cross-border trade, warning that new obligations could undermine small firms’ competitiveness.
EUBizNews Editorial
FLÆ Robotics secures €1 million to scale AI hospitality agent BE-A
Czech startup FLÆ Robotics has raised over €1 million in Seed funding, aiming to accelerate the development and international expansion of its AI-powered hospitality agent, BE-A.
EUBizNews Editorial
Portugal Selects Lufthansa Over Air France-KLM for TAP Stake, Shifting European Airline Dynamics
Portugal’s government has awarded Lufthansa the bid for a stake in TAP Air Portugal, citing a financially stronger proposal than Air France-KLM’s, a move that could reshape airline competition across Europe.
EUBizNews Editorial
Google DeepMind Opens Advanced AI Models to 200 European Researchers
Google DeepMind and Google Cloud will provide access to advanced science AI models, including AlphaFold 3, and $3 million in computing credits to up to 200 European researchers, aiming to accelerate scientific innovation across the region.
EUBizNews Editorial
Qilimanjaro Quantum Tech Secures €19.6 Million to Bolster Spain’s Quantum Ambitions
The €19.6 million Series A round, led by Indra Group and SETT, positions Qilimanjaro Quantum Tech as a strategic leader in Spain’s quantum computing sector.
EUBizNews Editorial
BHP Nears Deal With Escondida Workers, Easing Fears Over Global Copper Supply
A union leader says a wage deal at BHP’s Escondida mine is virtually done, a move set to stabilize copper supply and ease volatility in global markets.
EUBizNews Editorial
Southern Perú to Invest Nearly €447 Million in Toquepala, Boosting Local Economy
Southern Perú’s planned €447 million investment in the Toquepala mine is set to strengthen the region’s economy and drive growth in the Peruvian mining sector.
EUBizNews Editorial
French Stablecoin Tax Plan Risks Driving Crypto Traders Offshore
France’s proposed 31.4% tax on swaps into EU-regulated stablecoins may push crypto traders toward unregulated offshore markets, raising questions for European crypto oversight.
EUBizNews Editorial
Siemens Backs Skeleton Technologies, Elevating Baltic Unicorn and Energy Storage Ambitions
Estonia's Skeleton Technologies attains unicorn status after investment from Siemens AG, spotlighting Europe's energy storage sector as tech demand surges in the US and beyond.
EUBizNews Editorial
AeronautX Targets Duopoly with New Amsterdam Pilot Training Centre
AeronautX, led by Niall Olver, plans to open a pilot training centre in Amsterdam in early 2027, aiming to disrupt the established market duopoly.
EUBizNews Editorial708 published articles