China announced export restrictions on 14 EU defense and technology companies, including Rheinmetall and Tatra, in retaliation for the EU sanctioning 14 Chinese businesses over their alleged role in supplying Russia.
European companies are increasingly targeted by cyberattacks, arson, and drone surveillance, crucial infrastructure like offshore energy structures and arms factories are at risk. Despite growing concerns, government and business sectors rarely share threat updates, a gap Sweden is addressing with a new business council.
Dmitriev stated that many European companies are signaling a desire to re-enter the Russian market, experiencing significant drops in trade volume. Russian authorities will welcome their return on competitive terms, provided they did not act "rudely" upon departure.
Kirill Dmitriev, head of Russia's RDIF, expects a meeting with US Presidential Envoy Steve Witkoff and Jared Kushner later in June to discuss economic cooperation. He also noted that many European companies are signaling a desire to return to the Russian market, citing the economic crisis following the Iranian conflict and higher energy costs in Germany.
TechCrunch and VivaTech 2026 are collaborating to spotlight emerging startups and enterprise AI innovations. The partnership aims to showcase European companies focusing on industrial AI applications, moving beyond consumer-facing models to address complex integration and deployment challenges.
European firms in China report easing pessimism, citing Beijing's stability amid global volatility, with improved growth expectations despite ongoing challenges.
Around 350 European companies are still operating in Russia despite significant challenges, according to Tadzio Schilling, CEO of the Association of European Businesses (AEB). He spoke at the Second International Socio-Political Hearings on Eurasian Security in Perm.
A matchmaking event in Chongqing brought together European companies and local officials to foster industrial cooperation. The event focused on key sectors like intelligent manufacturing and new energy vehicles, aiming to deepen collaboration and mutual benefit.
Over 25% of European companies in China have adjusted supply chains due to the Middle East conflict, citing higher energy and logistics costs, with 81% struggling to source Middle Eastern inputs.
Partnership between top startup DeepL and Amazon comes amid concern about Silicon Valley’s monopoly over digital infrastructureAI companies in Europe risk losing their world-leading status in the field of machine translation, industry figures have said, after the decision by one of the continent’s leading startups to partner with Amazon’s cloud computing division provoked alarm.While businesses in the EU have generally lagged behind the US and China in AI adoption, a small group of European companies have cornered the global market for high-quality machine translations for professional use. Continue reading...
