As the first EU country to lay out a comprehensive framework for cannabis regulation, Germany is in a position to set the agenda and provide a regional rule book for the cultivation and use of the recreational drug, according to the country’s health minister Karl...
In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell 0.2% in August for a 1.3% year-on-year decline. A more significant decrease was observed in the eurozone, where the figures...
While Western European countries have long dominated the region’s venture capital (VC) landscape, Central and Eastern Europe (CEE) is fast emerging as a hotbed of investment opportunity, with several new funds closed this year. These include recently closed Trind VC, a seed-stage venture fund based...
Denmark-based digital payments app MobilePay has announced that the EU Commission has approved its merger with Norway-based smartphone digital payments app Vipps. The new group — which is named “Vipps MobilePay” and will be headquartered in Oslo, Norway — will be effective beginning Nov. 1,...
Whether it’s inflation volatility, market volatility or interest rate volatility, the uncertain macroeconomic landscape has had a huge impact on cross-border treasury management, forcing chief financial officers (CFOs) and treasurers to adopt strategies that will help hedge their businesses against the present mix of volatile...
The global delivery food market has been going through a shakeup this year, one that has been defined by high-profile exits, partnerships and consolidation moves as industry players seek to gain an edge in the fast-growing, competitive European quick commerce market. Two months after announcing...
With presidential assent marking its final passage into law, the Nigeria Startup Bill has become the Nigeria Startup Act as of Wednesday (Oct. 19). Intended to foster innovation and create a hospitable environment for new businesses, the act first defines what type of business gets...
Today in Europe, the Middle East and Africa news, U.K. bank NatWest announced a new partnership with Vodeno to establish a Banking-as-a-Service business, and Amazon has filed new lawsuits against review brokers in Spain and Italy. NatWest, Vodeno Enter BaaS Partnership NatWest Group announced a...
Today in Europe, the Middle East and Africa, Deliveroo announced the date for its withdrawal from the Dutch market, and Egyptian B2B marketplace MaxAB announced plans for regional expansion following the close of a $40 million pre-Series B round. Deliveroo to Exit Dutch Market in...