U.S. consumer spending on Temu fell about 36% in May compared to a year earlier, while it fell 13% over the same period on Shein, according to trend data from Consumer Edge. Nurphoto | Nurphoto | Getty Images Temu and Shein are pivoting to Europe as their business in the U.S. takes a major hit … Read more
NATO secretary general Mark Rutte warned Europe needed to commit to a “quantum leap” amid fears that Vladimir Putin could launch an attack against the defensive alliance 22:49, 09 Jun 2025Updated 23:02, 09 Jun 2025 Putin could launch an attack against NATO by 2030, according to a warning from NATO’s chief(Image: AP) Maniac Russian despot … Read more
U.S. data center operator Vantage has raised 720 million euros ($821.4 million) — the first of its kind deal in Europe. The asset-backed securitization (ABS) deal, the first ever euro-denominated with data center assets on the continent, involves four data centers in Germany. The company said it will be paying on average a 4.3% coupon … Read more
European startup founders are being pressured to embrace China’s toxic “996” work culture on LinkedIn and they’re pushing back. D3sign | Moment | Getty Images The European startup scene was recently shaken by a LinkedIn debate with some venture capitalists applying pressure on founders to embrace a culture of overwork to compete on a global … Read more