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European finance: the eurozone, the City of London, the ECB and the continent’s companies and markets.

All countries 🇨🇳 China 🇪🇺 Eurozone 🇫🇷 France 🇷🇺 Russia 🇰🇷 South Korea 🇪🇸 Spain 🇬🇧 United Kingdom 🇺🇸 United States

Abivax $920 million cash haul lets it prepare for solo U.S. launch instead of relying on a buyer, CEO tells CNBC

Its latest fundraising round provides the French biotech with enough cash to finance operations through 2029.

France adds a new millionaire every 15 minutes. How does Europe compare?

Eastern Europe recorded the fastest growth in dollar millionaires in percentage terms, while the UK, France and Spain ranked just …

Trump can halt trade with Spain using law behind scrapped tariffs: Greer

Trump asserted that IEEPA authorized him to slap tariffs on nearly every country, but the Supreme Court struck down those import d…

SK hynix: From near-collapse to a $1 trillion valuation and a Nasdaq listing

SK hynix, the South Korean chipmaker whose memory chips power AI data centres around the world, lists on the Nasdaq this week in o…

Cerebras targets Europe with multibillion-dollar AI expansion, challenging Nvidia

American AI chip startup Cerebras accelerates its European expansion with 200MW of AI compute capacity by the end of 2027, challen…

Exclusive: EU to revise crypto rules in 2027 amid Trump's push for digital assets

The European Union is set to revise its Markets in Crypto-Assets Regulation (MiCA) to cover non-EU issuers and broaden its scope, …

Trump renews Greenland threats at NATO summit, says U.S. could remove troops from Europe

NATO fell into a crisis earlier this year as Trump demanded that the U.S. must take control of Greenland on national security grou…

Trump ally Nigel Farage quits UK parliament amid finance scandal to fight special election

Reform U.K. leader Nigel Farage has quit as MP for Clacton, forcing a by-election that he has said he will fight.

EasyJet shares jump 10% as board backs Castlelake takeover proposal

The budget airline said it has reached ‘an agreement in principle’ with US investment firm Castlelake.

US job growth plummets as eurozone unemployment holds at record low

New labour market data highlights a growing transatlantic divide, with US payroll additions slowing drastically, while the Eurozon…

OpenAI offers the US government a 5% ownership stake

Sam Altman reportedly wants to hand the US government a stake in OpenAI worth tens of billions, and he wants Silicon Valley's othe…

US Federal Reserve expected to decide on rate hike in four weeks, Warsh says

US and European central banks are weighing inflation risks ahead of key policy decisions, with energy prices and an AI-driven inve…

Trump made over €1 billion from crypto in first year back in office, new filing shows

US President Donald Trump earned roughly $1.2 billion (€1.05bn) from his family's cryptocurrency ventures during his first year ba…

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