Europe is producing more startup 'mafias' than ever despite tech rout
The development mimics the trend of startup "mafias" in the U.S., where companies like PayPal indirectly helped produce huge businesses like Tesla and Palantir.
CNBC Europe
European banks are stronger than their U.S. rivals, analysts say. Here's why
Attendees of the Institute of International Finance conference in Brussels said European banks were in a strong position, but needed support to grow.
Republicans question June 1 debt ceiling deadline as talks zero in on potential trade-offs
Debt ceiling negotiators are zeroing in on a small list of key issues after President Joe Biden and House Speaker Kevin McCarthy met Monday afternoon.
Hungary’s nationalist leader Orban says he wants Trump to win U.S. election
Europe's longest serving prime minister hopes Donald Trump will win the 2024 election.
‘Go to hell, Shell’: Climate protesters try to storm stage at oil giant’s annual shareholders meeting
Climate-focused investors are seeking to ramp up pressure on Shell at its annual meeting Tuesday, after an extraordinary run of record profits.
Pasta prices have surged, prompting crisis meetings in Italy and calls for a strike
Two weeks ago, Italy's Minister of Economic Development Adolfo Urso convened an emergency meeting tabling a discussion over the pasta price hike.
European officials are quietly preparing for the possibility Biden loses the next election
The EU, a group of 27 nations, was openly thrilled with the election of Joe Biden in late 2020 after four challenging years under the presidency of Trump.
Isolating China will be 'impossible and dangerous,' analyst says, as the G-7 gets tough on Beijing
An analyst has warned it is "impossible" and "dangerous" to isolate Beijing, after the G-7 issued its strongest ever message to China over the weekend.
These are the 10 best states to retire based on quality of life—Florida isn't in the top 3
WalletHub ranked the best U.S. states for retirement based on quality of life and Massachusetts ranked in the top spot.
Norway faces backlash from campaigners for 'reckless' pursuit of Arctic oil and gas
The Norwegian government says it is seeking to maintain Europe's energy security by exploring the Barents Sea for further resources.
Europe's energy market faces 3 key challenges this year, the IEA's chief says
Europe may have done a good job mitigating an energy crisis caused by the war in Ukraine but it's "not out of the woods" yet, the head of the IEA said.
An exiled mayor in Ukraine vows to rebuild his city after Russia's reign of destruction
Russian forces seized the Ukrainian port city Mariupol a year ago. Its exiled mayor has a plan to rebuild it.
China-Taiwan tensions could grip 2024 election as Musk, Buffett and Dalio sound alarms
Elon Musk, Warren Buffett, Ray Dalio and others have weighed in on the fraying U.S.-China relations and rising tensions over a possible invasion of Taiwan.
Erdogan's election lead leaves Turkey's opposition reeling and an economy on the brink
The result of the first round of Turkey's presidential election was a blow to the opposition, which wants to unseat President Erdogan after 20 years in power.
Russia's military has adapted and is now a more formidable enemy for Ukraine, defense analysts say
Defense analysts say Russia has adapted its tactics during the war and say a more structured, coordinated and reactive armed force has emerged.
Italy is planning a sovereign fund amid a new era of national interest
Italy's Minister of Enterprises Adolfo Urso announced Wednesday a public-private fund that looks at consolidating "national strategic supply chains."
G-7 leaders commit to more Russia sanctions with Ukraine's Zelenskyy set to attend summit
"We will continue our joint effort to support Ukraine's repair of its critical infrastructure, recovery and reconstruction," the G-7 said in its statement.
Britain launches $1.2 billion semiconductor plan after U.S. and EU splurge on chips
The U.K. is seeking to boost its domestic chipmaking capabilities and prevent further disruptions to supply after cries for help from bosses at some of the country's leading firms.
Catastrophic floods in Italy force thousands of people to leave their homes
More than 20 rivers have burst their banks across the northern Italian region, causing more than 280 landslides, according to the Civil Protection department.
A secretive annual meeting attended by the world's elite has A.I. top of the agenda
OpenAI CEO Sam Altman will join forces with key leadership from Microsoft, DeepMind and Google on Thursday as the secretive Bilderberg Meeting kick-starts.
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