Category: European

European Commission to appeal decision that reversed Apple’s $15B State Aid tax bill in Ireland
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European Commission to appeal decision that reversed Apple’s $15B State Aid tax bill in Ireland

It’s not over until it’s over for Apple and its ongoing tax headache in Europe. Today the European Commission announced that it plans to appeal the July 2020 ruling that overturned the original $15 billion fine that it leveled against Apple and Ireland over State Aid and taxes, as it believes the General Court “made…

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Co-living European startup Colonies raises $34 million
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Co-living European startup Colonies raises $34 million

French startup Colonies has raised a $34 million funding round (€30 million). In addition to that, LBO France is committing to spend $168 million (€150 million) in real estate projects over the next couple of years. Those new buildings will eventually be managed by Colonies. Idinvest Partners, Global Founders Capital and La Financière Saint James…

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European founders look to new markets, aim for profitability
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European founders look to new markets, aim for profitability

11 entrepreneurs share their hopes and predictions for the year ahead To get a better sense of what lies ahead for the European startup ecosystem, we spoke to several investors and entrepreneurs in the region about their impressions and lessons learned from 2019, along with their predictions for 2020. We asked for blunt responses —…

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Are European Regulators Sabotaging Boeing’s 737 MAX?
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Are European Regulators Sabotaging Boeing’s 737 MAX?

European regulators are calling for Boeing to move important wiring in the 737 MAX. The FAA believes the wires are fine where they are. Boeing is America’s biggest exporter and delays in the 737 MAX un-grounding give European lawmakers leverage over Trump. While attention has been focused on the trade war between the United States…

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Voi raises another $85M for its European e-scooter service
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Voi raises another $85M for its European e-scooter service

Voi Technology, the “micro-mobility” startup that operates an e-scooter service in a 38 cities across 10 European countries, has raised an $85 million in Series B funding. Backing the round is a mixture of existing and new investors. They include Balderton Capital, Creandum, Project A, JME Ventures, Raine Ventures, Kreos Capital, Inbox Capital, Rider Global,…

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European early-stage VC firm ‘Project A’ on Europe’s startup scene taking the next step
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European early-stage VC firm ‘Project A’ on Europe’s startup scene taking the next step

Project A, the Berlin-based VC, just raised a new $200 million fund (€180 million) to continue backing European startups at Seed and Series A stage. In addition, the firm — whose investments include WorldRemit, Catawiki, Voi and Uberall — announced it will now have a presence in London and Stockholm in order to put people…

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European Central Bank Runs Out of Ammo to Stop Eurozone Recession
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European Central Bank Runs Out of Ammo to Stop Eurozone Recession

The ECB is slashing rates but the recession train may have left the station. | Source: Shutterstock “Whatever it takes.”  That’s the mantra of Mario Draghi and the European Central Bank (ECB) as they slashed interest rates yet further into negative territory on Thursday. The ECB cut the base rate to -0.5% and unleashed another…

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