Business & Economy

Jun 4, 2026

EU Space Economy on Track for €1 Trillion by 2034, Agency Finds

The EU's space agency has published its first comprehensive analysis of the EU space economy — and the figures are striking: GNSS revenues alone are projected to reach €580 billion by 2034, nearly double today's €300 billion.

Business & Economy

Jun 4, 2026

American Tech Giants Spend Record €151 Million a Year Lobbying Brussels

American technology companies are spending a record €151 million a year lobbying EU institutions — more per meeting than any other sector, and growing fast even as Washington and Brussels spar over trade.

Business & Economy

Jun 3, 2026

Brussels Opens Fiscal Space for Energy Investment, With a Green Condition

The European Commission is allowing member states to spend up to 0.3% of GDP on energy measures outside EU fiscal rules — but only on projects that reduce dependence on imported fossil fuels.

Business & Economy

Jun 3, 2026

Iran Walks Out of Ceasefire Talks. Oil Surges as Europe's Gas Stores Hit 30%.

Iran has suspended ceasefire negotiations with the US and threatened to fully close the Strait of Hormuz, sending oil prices surging 7% and raising the prospect of a second energy shock hitting Europe just as it needs to refill dangerously low gas reserves before winter.

Business & Economy

Jun 2, 2026

Chinese Manufacturers Turn Morocco Into Europe's Back Door

Chinese industrial firms are accelerating investment in Morocco, establishing production bases close to European markets and sidestepping the tariff pressures that have made direct exports to the EU increasingly costly. Brussels is watching closely — and officials are already asking whether Morocco's preferential trade status is being gamed.

Business & Economy

Jun 1, 2026

SoftBank Bets €75 Billion on France in Europe's Largest AI Infrastructure Pledge

SoftBank has pledged €75 billion to build AI data centres in France — the largest foreign investment commitment in French history — anchoring Macron's Choose France summit and cementing the country's bid to become Europe's AI computing hub.