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Berlin’s Everphone raises $200M in debt and Series C equity

Berlin-based smartphone-as-a-service provider, Everphone, has topped up with $65 million in a Series C equity raise in addition to taking $135M in debt financing — for a total raise of […]




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As Virus Cases Rise in Europe, an Economic Toll Returns

“It was a shock” when the lockdown was announced, she said, adding that it was too early to predict the scale of the losses she could incur. “We just have […]




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Eatron, which makes ‘intelligent automotive software’, raises $11M Series-A led by MMC

An electric vehicle is, essentially, just ‘software on wheels’, and requires lots of moving parts, not physical but, of course, virtual. That software needs to continually optimize the performance, efficiency, […]




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Spotify’s new Podcast Subscriptions expand to global markets

Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service available to creators in global markets. The company says the service, […]




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Chinese EV startup Nio’s journey to the West

Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings […]




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How Car Shortages Are Putting the Economy at Risk

Turmoil in the auto industry, a powerful engine of the global economy, is threatening growth and sending tremors through companies and communities that depend on carmakers for money and jobs.For every […]




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Supply Chain Shortages: Your Questions Answered

The dramatic surge in demand clogged the system for transporting goods to the factories that needed them. At the same time, finished products — many of them made in China […]




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Axel Springer Removes Julian Reichelt After Times Report

Germany’s most powerful newspaper removed its top editor Monday after months of defending his sexual relationships with women in the workplace as the scandal began to envelop the paper’s globally […]




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Enpal closes out Series C with $174M from SoftBank for tech to make it easier for homeowners to make the switch to solar energy

One of the gating factors for getting more homeowners to make the switch to solar energy has been that solar, as a business, is hard one to get right, with […]




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As Europe Faces a Cold Winter, Putin Seizes on the Leverage From Russia’s Gas Output

MOSCOW — In Europe, the surge in the price of natural gas has halted factories, startled politicians and alarmed consumers fearful of a cold winter.For President Vladimir V. Putin of […]