VENTURE CAPITAL POST

U.S. regional banks are filling the lending gap for oil, gas, and coal companies left by European lenders amid climate concerns, with banks like Citizens Financial Group Inc., BOK Financial Corp., and Truist Securities Inc. increasing fossil-fuel loans.

Russia and China have announced plans to deepen their security cooperation in Asia and Europe to counter the US' attempts to exert dominance on these regions.

HSBC is reportedly considering selling various business units in Germany.

Europe sets a historic precedent by enacting the world's first comprehensive artificial intelligence law, aiming to regulate high-risk AI applications with enforcement measures, including fines of up to 7 percent of annual global profits for non-compliance.

Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.

The European Commission will propose strengthening the EU's armaments industry and entering "war economy mode" in light of Russia's invasion of Ukraine.

Google is facing a 2.1 billion euros ($2.3 billion) lawsuit filed by 32 media organizations in Europe, including Axel Springer and Schibsted, over alleged financial losses due to the company's digital advertising practices.

Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.

According to the station owner HS1, Eurostar may have to limit St. Pancras departures due to biometric border procedures later this year.

The European index rose 3.1% last week to its highest level since January 2022.

The European Commission has proposed a three-year delay in implementing tariffs on electric vehicles (EVs) traded between the United Kingdom (UK) and the European Union (EU).

The financial system shouold be developing a balance way through banks and non-banks. There are four key dimensions of financial developent.

The European Union revealed its plan to invest EUR 5 billion for a common defense fund. The funding will strengthen the continent’s military capabilities and let the governments invest on military research.

Volkswagen, its Audi and Porsche luxury brands, BMW, Daimler, and Ford’s European division have joined forces to build more electric car charging sites across Europe. The joint venture wants to create 400 charging sites next year in order to boost the demand on electric vehicles.

As the new administration in United States assumes office, the European Allies were divided to whether or not they would enter into deals with the recently-elected American President.