Amid a global shortage of semiconductors, as well as tensions between China and the U.S., the bloc believes it is time to improve its digital sovereignty.
The U.S. and the EU have reached a trade truce, but some analysts have doubts over whether the two sides will be able to agree on other contentious issues.
Deliveroo, the Amazon-backed food delivery service, has revealed that it recorded a loss of £223.7 million ($309 million) last year in plans to IPO in London.
Europe's coronavirus vaccine rollout has been thrust into the spotlight again after Italy blocked a shipment of Oxford-AstraZeneca vaccines to Australia.
The European Central Bank could tweak its coronavirus-related stimulus program, Germany's central bank governor told CNBC Wednesday, with officials wary of recent increases in bond yields.
Get complete CNBC business news coverage online. Find the latest business news pertaining to Europe. Sector watch news, headlines; top stories is available on the official CNBC Europe site.