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‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals
Finance

‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals

Key Points Last week at Mobile World Congress (MWC) in Barcelona, CEOs of European telecoms firms called on regulators to make it easier for them to combine their operations with other businesses. Currently, there are numerous telco players operating in different European countries. However, telco bosses say they’d be able to compete more effectively with […]

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Europe stocks hit fresh record high on earnings, Ukraine peace hopes
World

Europe stocks hit fresh record high on earnings, Ukraine peace hopes

European stock markets were broadly higher Thursday, amid a flurry of earnings and economic data and rising hopes of an end to the Russia-Ukraine war. The regional Stoxx 600 index maintained positive momentum from earlier this week, when it marked three record closing highs, gaining another 0.74% by midday in London to hit another all-time intraday peak. Markets […]

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Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image
Technology

Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image

Sam Altman, CEO of OpenAI, speaks with French President Emmanuel Macron at Station F, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025. Aurelien Morissard | Via Reuters PARIS — Music was blaring and people were cheering at the Artificial Intelligence Action Summit in Paris on […]

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France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.
Technology

France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.

French President Emmanuel Macron greets journalists after meetings with guests at the Elysee Palace before the opening ceremony of the Paris 2024 Olympic Games in Paris, France, July 26, 2024. REUTERS/Yara Nard Yara Nardi | Reuters France’s artificial intelligence sector will receive 109 billion euros ($112.6 billion) of private investment in the “coming years,” President […]

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Tough new EU cyber rules require banks to ramp up security — but many aren’t ready
Technology

Tough new EU cyber rules require banks to ramp up security — but many aren’t ready

Traffic_analyzer | Digitalvision Vectors | Getty Images Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc’s financial services firms aren’t yet in full compliance with the rules. The EU’s Digital Operational Resilience Act, or DORA, requires both financial services firms and […]

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Orange partners with OpenAI, Meta to develop custom African-language AI models
Technology

Orange partners with OpenAI, Meta to develop custom African-language AI models

The logo of telecoms giant Orange displayed at Mobile World Congress 2024 in Barcelona, Spain. Joan Cros | Nurphoto via Getty Images French telecoms giant Orange on Tuesday said it’s partnering with Microsoft-backed OpenAI and Facebook-owner Meta to build custom artificial intelligence models designed to better understand regional African languages. Orange said it’s working with […]

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Tech giants are investing in ‘sovereign AI’ to help Europe cut its dependence on the U.S.
World

Tech giants are investing in ‘sovereign AI’ to help Europe cut its dependence on the U.S.

LISBON, Portugal — Tech giants are increasingly investing in the development of so-called “sovereign” artificial intelligence models as they seek to boost competitiveness by focusing more on local infrastructure. Data sovereignty refers to the idea that people’s data should be stored on infrastructure within the country or continent they reside in. “Sovereign AI is a relatively new […]

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Bank of America names 3 ETFs and a handful of stocks that will benefit from AI
World

Bank of America names 3 ETFs and a handful of stocks that will benefit from AI

Bank of America has identified several stocks and exchange-traded funds (ETFs) poised to benefit from the growth in artificial intelligence. The Wall Street bank surveyed its fundamental equity team of 130 analysts, covering approximately 3,400 companies, to identify the companies that stand to gain from AI across various sectors. The bank believes the development of […]

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European stocks head for mixed open as selloff eases; U.S. inflation data due
World

European stocks head for mixed open as selloff eases; U.S. inflation data due

Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Spencer Platt | Getty Images LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. […]

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Here are 3 dividend stocks that could offer you passive income, fund administrators say
World

Here are 3 dividend stocks that could offer you passive income, fund administrators say

In a market place the place finding trustworthy passive cash flow streams can be demanding, two fund managers have shared their insights on dividend shares that could give desirable yields and progress opportunity. Matt Burdett, portfolio manager at Thornburg Expense, appears to be like for organizations with the means and willingness to fork out dividends, […]

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