EMEA

Report: ING Working on Stablecoin Project With Other Banks
Report: ING Working on Stablecoin Project With Other Banks
April 22, 2025  |  Cryptocurrency

ING is reportedly working on a stablecoin project with other banks and crypto service providers. The Dutch bank launched the project after the implementation of...

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AI Regulations: OpenAI Calls on EU to Review, Simplify AI Rules
AI Regulations: OpenAI Calls on EU to Review, Simplify AI Rules
April 17, 2025  |  artificial intelligence

OpenAI is calling for a simplification and review of AI regulations in Europe that it said could impede the region’s competitiveness globally, as the EU...

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Lyft Pays $197 Million to Pick Up German Taxi App FreeNow
Lyft Pays $197 Million to Pick Up German Taxi App FreeNow
April 16, 2025  |  Acquisitions

Lyft is expanding into Europe with its $197 million purchase of taxi app FreeNow. The deal, announced Wednesday (April 16), will see Lyft acquire the Germany-based company from BMW and Mercedes-Benz Mobility....

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South Africa’s Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure
South Africa’s Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure
April 15, 2025  |  Investments

South Africa-based payments infrastructure company Stitch raised $55 million in a Series B funding round to expand its offerings for enterprise merchants. The company will...

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LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
April 14, 2025  |  Earnings

Luxury goods retailer LVMH Moët Hennessy Louis Vuitton said it is prepared to increase prices on its products and take other mitigation strategies if negotiations...

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Meta to Begin Training AI on User Data in EU
Meta to Begin Training AI on User Data in EU
April 14, 2025  |  Artificial Intelligence

Meta will begin using content shared by adults in the European Union to train its artificial intelligence models after the European Data Protection Board said the...

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Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe
Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe
April 11, 2025  |  Investments

Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands. The...

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Europe Signals ‘No Compromise’ on Trade, Prepares Counter-Tariffs on US Tech
Europe Signals ‘No Compromise’ on Trade, Prepares Counter-Tariffs on US Tech
April 11, 2025  |  Europe

The U.S.-initiated tariffs have been paused for three months and the negotiation posturing has begun. Brussels is bracing for a fresh escalation in the EU-US...

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European Union Votes to Impose Tariffs on US Goods
European Union Votes to Impose Tariffs on US Goods
April 09, 2025  |  Economy

The European Commission said Wednesday (April 9) that the European Union will start collecting tariffs on U.S. goods, starting Tuesday (April 15). EU member states...

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