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Europe News
The EU is set to join US-led chip alliance to counter China's AI race
The EU is set to formally join Pax Silica, a US-led initiative coordinating AI chip supply chains and export controls to counter China. The decision follows weeks of internal discussions over fears that the initiative could jeopardise the EU's regulatory autonomy.
France
French Navy boards Russia-linked tanker in Atlantic Ocean
Video released by France shows naval forces boarding the Russia-linked tanker Tagor in the Atlantic Ocean. Paris says the vessel was intercepted as part of efforts to enforce sanctions and curb Russian oil exports funding the war in Ukraine.
Business
EasyJet shares rally as Castlelake weighs possible takeover offer
The budget airline's stock rose more than 12% after Castlelake said it was considering a possible offer. Prior to the rally, easyJet shares had fallen by around 23% over the past year against a backdrop of higher fuel costs and uncertainty linked to tensions in the Middle East.
Business
SoftBank to invest €75bn in France to help expand its AI sector
The project is SoftBank Group's largest AI infrastructure investment in Europe. Once completed, its planned 5 GW capacity would make it Europe's largest data centre project as the region seeks to expand AI infrastructure and compete with the US and Asia.
Europe News
Toughest EU migration law to date clears path for offshore return hubs
The EU is set to approve its controversial migration law, allowing return hubs outside the bloc, extending detention periods and introducing measures aimed at accelerating deportations – reflecting growing voter fears over migration.
Europe Today
Former NATO official says ‘better’ drone defences urgently needed
Exclusive: Former NATO Deputy Secretary-General Mircea Geoană has warned that the military alliance needed stronger low-altitude military capabilities to shoot down drones, as seen with the incursion late last week in Romania that has left the country in "shock".