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EU closes in on system to screen foreign investment

The European Union is poised to settle on Tuesday (20 November) on a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China. After five months of negotiations, representatives for the European Parliament and for the EU’s…

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Amazon chooses New York City, Northern Virginia for HQ2

The e-commerce giant announced where it plans to build its new headquarters, dubbed HQ2, ending a year-long courtship by cities and metropolitan areas across North America. Amazon originally said it would spend $5 billion and employ 50,000 workers in the…

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Swedish air travel growth stalls after flight tax comes in

The rate the number of international flights taken by Swedes is growing has more than halved so far this year to around four percent, down from around nine percent annually in the years since 2009. At the same time, 188,000…

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German industry expert: ‘No one will be bypassed by digitisation’

Digitisation has become a fix point in the public debate as significant effects on the economy and the working world are expected. Are Germany and the EU well prepared? EURACTIV Germany spoke to Iris Plöger. Iris Plöger is a member of the…

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66.2 mln tourists visit Spain in first 9 months of 2018

A total of 66.2 million foreign tourists visited Spain during the first nine months of 2018, the Spanish government confirmed, Xinhua reported. The government published a communique containing data from two studies elaborated by the Spanish National Institute of Statistics…

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Nobel Prize winner Robert Chiller: I don’t expect a sharp turn in the housing market

The housing market may be slowing down, but Nobel Prize winner Robert Shiller told CNBC he isn’t fearful that a big downturn is ahead. During the financial crisis, the fluctuation of home prices was the sharpest anyone had ever seen…

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Largest innovation hub in the Nordics launched in Stockholm

Swedish venture capital company Well street announced its plan to build a new site for tech companies in Sollentuna, a municipality in Stockholm county about half an hour north of the city center by train. The tech and innovation hub,…

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Tech investor Joe Horowitz raises money to stay relevant in a world of megafunds and huge valuations

Joe Horowitz is a venture capital traditionalist. He believes in best practices, business fundamentals and calculated bets. But as mega funds and hundred-million-dollar rounds balloon valuations and flood the space, the Icon Ventures managing general partner finds himself fighting money…

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Juncker and Nazarbayev discuss setting up of EU-Kazakhstan Business forum

On the sidelines of the Europe-Asia ASEM summit, Commission President Jean-Claude Juncker and Kazakh President Nursultan Nazarbayev discussed deepening bilateral cooperation, including the setting up of a future EU-Kazakhstan Business forum. A flurry of bilateral meetings is taking place on…

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Canada is now the world’s largest legal marijuana marketplace

In St. John’s, Newfoundland, hundreds of customers were lined up around the block at the private store on Water Street, the main commercial drag in the provincial capital, by the time the clock struck midnight. A festive atmosphere broke out,…