MORE holidays have been canceled after one of Europe’s biggest tour operators went bankrupt. Earlier this month, tour operator FTI went bankrupt. More holidays have been canceled after one of Europe’s biggest tour operators went bankrupt Hotels across Europe have been hit by the cancellations This had consequences for Youtravel, a British bed bank, and … Read more
Moreover, in 2022, despite the phasing out of its pandemic emergency purchasing programme, the ECB launched a new “anti-fragmentation instrument”, the Transmission Protection Instrument, which was explicitly aimed at keeping spreads under control by allowing the central bank to to buy government bonds from countries. countries whose interest rates vary excessively due to speculation. What … Read more
The first flight of the new Ariane 6 heavy-lift launch vehicle is expected on July 9, four years later than the original schedule, finally putting an end to recurring development delays and industrial setbacks. Meanwhile, with no domestic launch vehicles available, Europe has had to rely on US rival SpaceX to launch its scientific and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is head of policy research at Algebris Investments Does the success of far-right politics threaten the European economy and its appeal to international investors? That’s the question investors seem to be asking in … Read more
A geoengineering technique designed to lower high temperatures in California could inadvertently intensify heat waves in Europe, according to a study modeling the unintended consequences of regional tinkering with a changing climate. The article shows that targeted interventions to reduce temperatures in a given area for one season may provide temporary benefits for some population … Read more
Europe has clocked a record number of hours of negative energy prices this year due to a mismatch between supply and demand as solar power generation soars, potentially helping to shift investment towards much-needed storage solutions. Wholesale energy markets in most of Europe’s major economies showed zero or negative prices for a record number of … Read more
Science and exploration 20/06/2024 618 views 3 holds When hypersonic aviation meets space exploration, European engineers dream of a future fast-track return ticket to space. Momentum is growing for a new generation of aircraft that will fly faster than the speed of sound and fly passengers from Brussels to Sydney in just three hours. However, … Read more
French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at the Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Schasnot | Getty Images Entertainment | Getty Images Most of the best-funded generative artificial intelligence companies in Europe were founded by entrepreneurs with experience at … Read more
Love it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with the rollout of viral services like ChatGPT and billions in funding, may have absorbed the lion’s share of attention and money so far. But according to a new report from top VC Accel and Dealroom … Read more
Investments in defense technology start-ups are increasing in Europe, says the head of NATO’s €1 billion venture capital fund, who believes the region can produce several potential multi-billion dollar companies to rival those in the US. The NATO Innovation Fund launched its investment program early this year by directly supporting four start-ups, including Wales-based Space … Read more