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TotalEnergies agrees to buy Shell's European onshore renewables business
TotalEnergies will add 4 gigawatt of solar, wind and battery storage projects and assets.
🚨 First European federation: Wales drops backing for Infantino 🏴
The Football Association of Wales (FAW) has officially confirmed the withdrawal of its support for Gianni Infantino’s bid for re-election as president of FIFA. The move, formally communicated to Sky...
Renewables in Europe: TotalEnergies Acquires Shell’s Renewables Business and Sells a 50% Stake in a Portfolio of Developed Assets to KKR
Paris, August 3, 2026 – In line with its Integrated Power strategy in Europe focused on selected deregulated markets, as illustrated by the recent transaction with EPH, and with its business model designed to optimize capital allocation in renewables, TotalEnergies announces the signing of two transactions in Europe: The…
Microsoft Raises Xbox Prices by Up to 43% in Europe and UK
Microsoft is significantly increasing the prices of its Xbox gaming consoles starting August 1st across the United States, Europe, and the United Kingdom. We were aware that the pricing strategy for the United States market involves an increase of up to $150, depending on the SKU. However, it...
Expert analyses public health impact of wildfires and heatwaves
With wildfires and a heatwave currently raging through Europe, Dr Kim van Daalen, Environmental Epidemiologist in the Cardiovascular Epidemiology Unit at the University of Cambridge and Research Associate at Homerton College, gives her analysis of the impacts on public health.
Xbox Series Price Increased By $230 In UK And Europe
A brand new 1TB Xbox Series X will now set you back roughly $900 in Europe, effective immediately
How Spain's migrant crisis created a political storm - whipped up by social media
The Ceuta crossings have shaken Europe politically, exposing divisions over the sensitive issue of migration, the BBC's Sarah Rainsford writes.
'Pressure makes diamonds' - Charles-Cook
Motherwell's Regan Charles-Cook says "pressure makes diamonds" as he and his team-mates attempt to live up to their reputation earned last season. The Fir Park side caused a stir under Jens Berthel Askou with their free-flowing style of football which secured so many plaudits as well as a European spot. Now under Alfred Johansson and with a host of star players now away from the club, they breezed by HB Torshavn in Conference League qualifying and now face Hibernian in their Scottish Premiership opener on Sunday (16:30 BST).
Xbox console price increases in Europe and UK fully revealed, with Series X now costing €200 more
Xbox had previously said a price hike was coming in August, but only confirmed US prices…
Xbox Series Prices Surge up to €200 in Europe as Microsoft Refuses to Bankroll the Troubled Division
Microsoft has raised Xbox Series S|X prices by up to €200 in Europe and £170 in the United Kingdom, making its sales prospect even more dire.
Solo Reload Victory Cup in Europe: Day 1 Day 1 Round 1
Battle your way to Gold, Diamond and Champion in Reload Ranked to be eligible for the first,second and final respectively Event of the Season! Compete for the opportunity to win a cash prize! Reach Round 2 (top 1600 in EU; top 800 in NAC; top 320 in OCE, ASIA, ME, BR, NAW) where every player who earns a Victory Royale will earn $100 USD - good luck and have fun!
Solo Reload Victory Cup in Europe: Day 1 Day 1 Round 1
Battle your way to Gold, Diamond and Champion in Reload Ranked to be eligible for the first,second and final respectively Event of the Season! Compete for the opportunity to win a cash prize! Reach Round 2 (top 1600 in EU; top 800 in NAC; top 320 in OCE, ASIA, ME, BR, NAW) where every player who earns a Victory Royale will earn $100 USD - good luck and have fun!
ECB official warns climate crisis poses growing threat to ‘core financial stability’
Exclusive: As wildfires rage across Europe, Frank Elderson tells the Guardian nature loss poses a growing risk to the global economy
FIFA wanted to sell part of its World Cup business to Trump-linked investors. Then global soccer revolted.
FIFA President Gianni Infantino said his proposal "will not proceed" after UEFA — the European football association that includes powerhouses such as Spain, France, England and Germany — unanimously t...
Migration Is Splitting Europe Apart
The Ceuta crisis is undermining an agreement designed to foster “solidarity.”
Human-caused climate change made Spanish, French fires much more likely, scientists calculate
Climate change's fingerprints are all over the extreme fire weather that sparked this week's devastating wildfires in Spain and France and has spiked Southern Europe's burning the past eight years, two new studies conclude.
Didn’t get Tyla tickets? Here’s where you can still buy them
The “A*POP World Tour” will take the South African superstar across Europe, North America, and Africa through the end of 2026.
Destructive Fires Char Western Europe
Raging wildfires disrupted summer in Spain and France amid sweltering heat waves and prolonged drought.
Ancient mummy DNA provides scientific evidence that colonization brought smallpox to the Americas
New research says ancient mummy DNA provides the firmest evidence yet that European colonization brought smallpox to the Americas.
Chilean mummies prove Europeans brought smallpox to the Americas
The 500-year-old smallpox DNA is the oldest ever found in the Americas.
🚨 BREAKING: European nations agree to boycott World Cup
UEFA nations have reached an agreement to boycott FIFA competitions, notably including the World Cup, as a result of plans to sell stakes in the tournament to private investors.A virtual meeting betwe...
The US public is fed up with RFK Jr. To really ‘make America healthy again’, it should look to Europe
Americans are dying younger than Europeans, despite being the wealthiest people on the planet. Wellness fads won’t change that, says public health expert Devi Sridhar
The new "science golden age" looks suspiciously like a grift
This edition of PN is made possible by paid subscribers. Become one ⬇️ 🚀 Subscribe to PN 🚀 The Trump regime is trying to usher in a “Golden Age in Science” where scientific research is run like a Trump family business, artificial intelligence is all that matters, profit is everything, and expertise is for chumps. Or at least that’s the vision emerging from a new 123-page “Report to the President” from Michael Kratsios, the Director of the White House Office of Science and Technology Policy. In a normal administration, you could probably skip over learning about a science policy document — but this is no normal administration, and this is no normal science policy document. Instead, it’s Trump’s attempt to end the actual golden age of science that was kicked off in 1945 with the publication of '“The Endless Frontier” by Vannevar Bush. [ ](https://www.publicnotice.co/p/harmeet-dhillon-portland) [ Harmeet Dhillon demonstrates danger of posting through it ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Liz Dye · Jul 29 [ Read full story ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Bush, at President Franklin Delano Roosevelt’s request, laid out a vision of federal support for science that centered on funding universities to do basic research, saying that as long as those institutions were “vigorous and healthy and their scientists are free to pursue the truth wherever it may lead, there will be a flow of new scientific knowledge to those who can apply it to practical problems in Government, in industry, or elsewhere.” Kratsios’s report is supposed to be the successor to Bush’s, and even apes the format, but this isn’t really a document about science policy. It’s one about ending science research as we know it in favor of shoveling cash at big tech companies. While it might be temping to wave this away as an aspirational policy document, Trump has already begun to shift billions in research funds to AI projects and has taken a hatchet to science funding across the board. He’s teed up the shift Kratsios proposes here, and since neither Congress nor the Supreme Court seem inclined to stop him from doing whatever he wants with taxpayer money, it isn’t doomering or hyperbole to say we are staring down the barrel of a world where the only “science” the government intends to support is for-profit tech and defense advancements. Science for dummies Part of how you can tell this isn’t a document about science is that you are immediately faced with an absolute wall of business-speak of the worst sort. Did you know we must “tightly couple our science and technology enterprises to ensure that groundbreaking ideas invented in the United States are rapidly prototyped, tested, manufactured, and scaled domestically”? You do now! That tone isn’t surprising, because Kratsios has no background in science or research. He has a bachelor’s in political science and spent most of his career working for Peter Thiel at Thiel Capital. After a stint in the first Trump administration as Chief Technology Officer, where he also did not do any science, Kratsios was tasked in 2020 with overseeing the Pentagon’s research budget for a brief time, a position that, as the Wall Street Journal put it, “carries a great deal of power in terms of dictating investment allocations.” He spent the Biden years at Scale AI as “head of strategy,” which you will also note is neither a science nor a research job. But Scale AI has contracts with the Department of Defense and, as the Washington Post wrote in 2023, “has been aggressively pitching itself as the company that will help the US military in its existential battle with China.” And now you have the necessary background for our new golden age, which is going to be a golden age of taking money away from scientists and universities and giving it to companies like Scale AI. A note from Aaron: Working with brilliant contributors like Lisa takes resources. If you aren’t already a paid subscriber, please become one to support our work. 👇 Subscribe In a genuinely galling move, Katsios spends a lot of time slamming universities because of “administrative burdens on researchers” and the “well-documented inefficiencies” in academia, the message being that those damn universities waste the time of amazing researchers with paperwork. Except it’s the administration that is attempting to impose inefficient, unnecessary burdens on those researchers with a proposed Office of Management and Budget rule that would require senior political appointees to approve every science grant and ensure it aligns with Trump’s personal priorities. Researchers would also have to seek prior government approval to attend conferences or publicize their research. And political appointees could terminate any grant at any time if they feel like it. [ ](https://www.publicnotice.co/p/omb-rule-science-funding) [ The murder of expertise ](https://www.publicnotice.co/p/omb-rule-science-funding) Lisa Needham · Jun 11 [ Read full story ](https://www.publicnotice.co/p/omb-rule-science-funding) But when it comes to AI, we’re going to “restore permissionless innovation.” The report proposes to give lucky ducky innovators a pile of cash up front for grants lasting five years or longer, saying “awards should be fully-funded in year one, with all resources earmarked upfront, to minimize administrative burdens and reduce pressure for researchers to generate intermediate results to secure continued funding.” Yeah, wouldn’t want to have to make the Very Special Tech Bros show results or get money parceled out year by year like the plebes at universities. The report also proposes that we should have “fast grants” with “simplified applications requiring just a few pages of writing” because that is definitely how science works, just writing a bit off the dome and getting some cash. [ ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) [ Tech elites are turning AI into ChatGPTrump ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Paul Waldman · July 29, 2025 [ Read full story ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Oh, and we should have prizes and challenges, where multiple teams compete. The proposed prizes include incentives like “advance procurement commitments,” which means the federal government agrees to buy whatever is being developed. There’s also “regulatory fast-tracking,” making sure all those great AI thingies don’t have to wait too long to be unleashed on a market. These aren’t incentives to do science. These are incentives to develop things with tax dollars that you can then sell to the government for more tax dollars. In the suggestion that might be the most unhinged, the most very opposite of how both government and research work, our new age will include “golden tickets.” That’s where an individual reviewer in an agency — yes, just one person — can “recommend unconventional proposals that may not pass consensus-driven review panels” because somehow this will “surface valuable ideas too divisive for committees and attract higher quality reviewers by empowering them to exercise independent scientific judgment.” Yes, that’s saying that a random person in an agency should be able to shovel money at some idea even if it can’t pass a review panel, and that the opportunity to do so will attract better employees because apparently all the best minds in science are chomping at the bit to be allowed to unilaterally fund AI research based on their personal vibes. But that isn’t at all how actual science works, and actual scientists aren’t unhappy about review panels. They work collaboratively, not siloed in some secret race to create the next AI chatbot. A 2020 study by the National Bureau of Economic Research examined whether peer review panels succeed in helping agencies predict which research ideas will best advance science. Peer review was better at finding “diamond in the rough” applicants than a single government program official. How about that. Trump always wants a taste It’s painfully clear that what Katsios is trying to do here is turn the whole of government science research and funding into the sort of “move fast and break things” paradigm that is the hallmark of big tech. That method works to line the pockets of tech executives, but it isn’t science. There’s a reason the government funds different kinds of research than private tech companies do. What Katsios either fails to understand or deliberately ignores is that the federal government is the main funder of basic research precisely because it can take a long time for it to bear fruit and is not intended to be profitable as such. “Basic” here does not mean rudimentary or simple, but rather research that is designed to advance scientific knowledge instead of achieving a specific outcome or product. Big tech companies don’t widely fund that sort of research, because it doesn’t make them money. Industry dollars account for only about 20 percent of basic research funding, while the government contributes around 60 percent. Big tech companies and startups do, however, rely on and benefit from that basic research. A 2019 study found that 35 percent of all patents obtained by venture-backed startups from 1976 to 2016 cited federally supported research. Basic research funded by the NIH contributed to every single drug the FDA approved from 2010 to 2016. [ ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) [ The Saudi nuclear farce and governance by whim and meme ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Noah Berlatsky · Jul 27 [ Read full story ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Unlike inventing the next ChatGPT, actual science is slow and iterative. Government funding of research that, on its face, would not appear to lead to any big new invention is actually what underpins those big new inventions. If the government hadn’t funded research into desert lizard venom, we wouldn’t know about semaglutide, and we wouldn’t have Ozempic. If research scientists hadn’t studied how bees optimize nectar foraging within a colony, we wouldn’t have the algorithm that assigns internet traffic across computer servers. The report assiduously ignores that a symbiotic, profitable relationship between the federal government, universities, and private companies already exists. Each federal research dollar generates about $1.50 to $3.00 in long-term economic benefits. The $36 billion the government awarded in NIH research funding in fiscal year 2025 generated $94 billion in new economic activity. Trump’s proposed new golden age is intended to strip those billions from universities, resulting in the dismantling of departments and the shuttering of labs. But Katsios has a plan for that: Universities should just become trade schools to churn out no-show STEM degrees! “Require universities and community colleges to embed practical technical training and externships into STEM curricula. Let hands-on experience and industry credentials count toward degrees.” It’s quite the feat to, on the one hand, strip schools of funding for scientific research while simultaneously demanding to control what is taught and, oh, also, colleges need to give degrees to employees at big tech companies just for being employees at big tech companies. The new golden age would also exacerbate the brain drain Trump’s policies have already caused. Nature found that in the first quarter of 2025, US scientists submitted 32 percent more job applications abroad than in 2024. A March 2025 poll by Nature of roughly 1,600 scientists found that over 1,200 said they were considering leaving the country. Europe is investing $565 million to make it a “magnet for researchers” and provide funding for scientists who relocate. The new golden age is also about embedding Trump’s xenophobia into the fabric of American science. The report complains of an “over-reliance on foreign students” that “creates a security challenge our institutions are ill-equipped to address” and that a “reliance on foreign talent sidelines American students.” This is, to put it mildly, nonsense. International students pay far higher tuition and often receive no financial aid. Their tuition dollars are what make it possible for American students to get financial aid. In the 2023-2024 school year alone, international students contributed $43.8 billion to the US economy and supported over 378,000 jobs. Those 1.1 million international students accounted for only six percent of the total number of students in higher education that year, but were such an economic engine that for every three international students, one job was created or supported. It’s impossible not to wonder whether part of Trump’s loathing for universities and their leading role in scientific research is that there is no way for him to corrupt the process and make money off it in the same way he can by giving millions and billions to Silicon Valley types who, in turn, give him millions in cash. There’s no way for his children to invest in universities that the government then gives no-bid contracts to, fattening the family’s bottom line, which is pretty much the Trump sons’ current venture capital practice. Trump and Katsios’s view of science is narrow, cramped, and wrong. We’re not in a crisis, we’re not a failed state. We’ve been a science superpower for decades, and the only thing that threatens that is Donald Trump. Tech bros are already living high off the hog in this administration. They don’t need any more of our tax dollars. Hopefully this new golden age never comes to pass. Thanks for reading Public Notice. This post is public so feel free to share it. Share We’ll be back with more tomorrow. If you appreciate today’s PN, please do your part to keep us free by signing up for a paid subscription. 🚀 Subscribe to PN 🚀 Thanks for reading, and for your support.
The US ‘golden age’ science strategy: what Europeans need to know
The US has unveiled what officials claim is the most radical overhaul of the public R&D system in a generation, which if implemented could have significant implications for transatlantic research collaboration. Science: A New Golden Age derides universities as “legacy institutions” and instead wants to prioritise funding on technological challenges, new research labs and funding that follows individual scientists, rather than being linked to their institutions. “Too much of our research enterprise has come to serve itself rather than the scientists within it,” writes Michael Kratsios, director of the White House’s Office of Science and Technology Policy (OSTP), the only named author of the report. “Federal funding agencies should support a broader range of performers.” But some critics argue that the strategy is a smokescreen, using genuine problems in academia as an excuse to further weaken US universities, which US vice-president JD Vance has labelled “the enemy..”Even as it talks of a “golden age” for science, the White House has proposed halving the 2027 budget of the US National Science Foundation (NSF), and has put forward double-digit cuts for other funding bodies, such as the National Institutes for Health. It asked for similarly steep savings in 2026, but Congress stopped them going through. Science: A New Golden Age says success will be measured by the extent to which scientists are “free” to pursue the most “vital questions,,” painting academia as currently hidebound by bureaucracy, sluggishness and consensual conservatism. And yet the Trump administration is simultaneously planning new rules that will hand political appointees unprecedented powers to screen and cancel grants. The report has pretentions to be the successor to Science: The Endless Frontier, the seminal 1945 document in which presidential science advisor Vannevar Bush set out the case for post-war government funding of basic research, helping to spur the creation of funders such as the NSF. Even the title page font is the same. But it remains unclear if the latest report will leave anything like as lasting a legacy.Here, Science|Business explains some of the biggest proposed changes in Science: A New Golden Age, and how Europeans think it might change the landscape of their biggest science partner.Universities under fireA key target of the report are US universities, which it repeatedly suggests are outmoded as research institutions. It criticises the NSF for channelling resources “overwhelmingly to a single type of performer, the university-based, principal investigator-led research group..” Universities “extract” money from researchers’ grants to support “growing administrative bloat,” alongside legitimate uses. The Trump administration has been trying to cut the overhead costs in federal research grants that flow to universities. Instead, new institutions are being built. In May, the NSF announced it would spend $1.5 billion on two new so-called X-Labs, focused on scientific instrumentation and quantum systems. The idea is that they fill a niche in the landscape, tackling problems that are too big for a university lab, but too early stage for private start-up funding. Parallel with Europe?This shift to new research organisations parallels moves in Europe to set up new innovation agencies, such as Germany’s Sprind, the UK’s Advanced Research and Invention Agency, and the EU’s European Innovation Council. The Dutch and French governments are looking to set up their own entities too. There’s now an emerging consensus, evident in a number of new strategies, that public R&D needs to be shaken up, Charles McIvor, an economist at the OECD, has written in response to Kratsios’s plans. “What stands out for me across these strategies [in the US, Germany, South Korea and Japan] is that governments are realising that the old ways of delivering STI [science, technology and innovation] programming no longer works,” he said in a LinkedIn post. Metascience wins?The document is, at least on the face of it, also a big win for some policy thinkers in the US who want far more experimentation with new forms of research grant and institution.It name-checks a litany of new public R&D ideas, from focused research organisations and advance market commitments to “golden tickets,” which allow grant reviewers the power to hand applicants money without requiring the consensus of other review panellists.Related articlesEuropean researchers sound the alarm that Trump rule changes will hit cooperationFocused research organisations: what are they, and how do you set them up? NIH turmoil risks reciprocal EU-US access to health research funding In addition, every federal research funding agency should set up a metascience unit, the strategy says, “with authority to run controlled experiments on review and funding mechanisms.” The UK has already set one up, the strategy points out. This mirrors recommendations to the European Commission. In 2024, a report led by former Portuguese science minister Manuel Heitor also advised the EU to set up an “experimental unit” to test out new methods of funding research. So far, however, Brussels hasn’t put forward any plans to do so. Bypass universitiesBut there’s a worry that the Trump administration is using the metascience movement to justify an overhaul of public R&D that punishes universities, which it sees as centres of political resistance. Last year, it threatened to cut Harvard University’s federal funding unless it hired and admitted a “critical mass” of new faculty and students to create “viewpoint diversity” across campus. It’s also attempted to strip academics of funding for working on politically forbidden areas, like LGBTIQ people’s health.The new strategy appears to be a “move to bypass the power of universities full stop and allow funders and political bureaucracies to handpick the projects and people who will execute them,” said Jean-Claude Burgelman, a former senior official in the Commission’s research directorate, on LinkedIn.The EU’s science counsellor in Washington, Florent Bernard, wrote that the plans risk diverting public research funding so that it “solely serves private interests.” “Who, if not independent universities, will do research that demonstrates the impact of tobacco on lung cancer or the role of human activities in our current climate crisis?” he wrote.Should we take it seriously?“I would view the overall document as a bad faith argument,” said Cole Donovan, director of science policy at the campaigning group Stand Up for Science, and a former OSTP official. “I don’t see the project itself as something that can be isolated from the broader attack on the system.” He thinks the argument that academia has become dysfunctional and in need of radical reform is being deployed as part of a “PR argument” to legitimate moves against US scientists. The strategy presents ideas like metascience units as new, whereas there were moves to set them up at the NSF during the previous administration of Joe Biden, Donovan said. The other caveat here is that the OSTP has limited power to carry out any of these recommendations. While Kratsios has issued a memo to research agencies telling them to implement the recommendations in the report, he doesn’t have direct budgetary control. “As a former OSTPer myself, this does not seem like a document that is realistic,” said Donovan.
Seven lessons from women entrepreneurs on starting and running a business
Seven women entrepreneurs from the Western Balkans stepped into the dynamic environment of GITEX AI Europe to network, explore partnerships, showcase their businesses and attract investment at one of Europe's largest technology and AI events. We joined them at GITEX AI Europe to hear the practical lessons they learned while building their business and how participating in Capital Quest help shape their entrepreneurial journey.
The White House’s science vision is no blueprint for Europe
Individual talents need the ecosystem of strong research universities to flourish, says Kurt Deketelaere
ArcelorMittal Posts Fall in Net Profit But Sees Improved Outlook for European Business
The steelmaker said supportive trade measures had improved the prospects for its European business and expects second-half sales to outperform those of the first.
European soccer officials eye Qatari sports executive to challenge Infantino
Anger over FIFA’s plan to sell stakes in the World Cup has pushed European soccer leaders to rally behind a potential challenger: Paris Saint-Germain boss Nasser al-Khelaifi.
George Clooney, wife Amal evacuate French home amid wildfires
George and Amal Clooney are standing by their French community after evacuating their home as wildfires spread across parts of Europe.
Madjo already compared to Belgium's Lukaku
Aston Villa are still awaiting the outcome of their appeal to the Court of Arbitration for Sport (CAS) as they try to register Brian Madjo, who joined from Metz for £10m in January and does not turn 18 until January next year. Under-18s cannot complete international transfers, but Villa have argued Madjo was born in London and should be exempt, despite having three caps for Luxembourg. Fifa does allow some exemptions for minor players to make moves, including if a 16 or 17-year-old transfers within the European Union - something the UK is no longer part of.
Unilever agrees two-year worker protection after $65 billion McCormick merger, memo shows
Unilever has agreed to protect employment terms of workers in its European and British food business for two years after the planned 2027 completion of its $65 billion merger of the unit with U.S. spice maker McCormick , according to a memo seen by Reuters.
European Union innovation needs regulatory science excellence centres
Nature Biomedical Engineering - Fit-for-purpose regulation of medical devices and medical artificial intelligence in Europe needs Centres of Excellence in Regulatory Science and Innovation,...
Stellantis Announces Agreement to Sell Free2move’s Car-sharing Business to Mutares
Free2move provides free-floating car-sharing services in Europe and the United States Stellantis will prioritize continuity for cu
As Communities Unite Against Europe’s Wildfires, Politicians Trade Blows
Spain’s center-left accused conservatives of underfunding the disaster response, while critics of France’s government decried delays.
The Guardian view on Europe’s wildfires: politics must catch up with the new reality
Editorial: At a time when the quickening pace of global heating has never been clearer, climate policies are being deprioritised
Europe got its own TBPN-style live show, and everyone’s angling for a guest spot
On Monday, the network announced a $1.6 million seed round from top players in the media ecosystem, including Powerhouse Capital, Axel Springer SE (which owns Business Insider and Politico), the popular media publication LadBible, and angel investors from OpenAI and DeepMind. With this fresh capital, the network is announcing its largest expansion yet.
Europe is warming to America's obsession with AC
As Europe recorded its hottest June on record, Europeans flocked to buy AC units, eroding a decades-old divide with America.
Italy was once a model of healthy eating - now it has a child obesity problem
The Mediterranean diet was a blueprint for healthy living, yet Italian children are among the most overweight in Europe according to WHO.
ESPN lines up six European preseason matches following World Cup
The World Cup may be over, but ESPN is betting that viewers are still interested in soccer by televising six preseason matches featuring European clubs touring the United States. The matches will see Liverpool FC, Wrexham AFC, Leeds United and Sunderland AFC playing in Nashville, New York City, Chicago, Tampa, and Philadelphia. Of the six…
China Wields Its Rare Earth Leverage Over Europe With New Export Controls
Beijing banned shipments of important supplies to 14 companies on the cutting edge of chemicals processing, electric motors and defense.
Warhorse Studios trademarks Kingdom Come Salvation
Kingdom Come: Deliverance and Kingdom Come: Deliverance II developer Warhorse Studios filed a trademark for “Kingdom Come Salvation” in Europe on July 23.
Coleraine count the cost after heavy defeat by HJK
It was a costly night for Coleraine in Helsinki in more ways than one as their European adventure for this season looks to be over at the first time of asking.
Georgia: Journalist jailed and comedian attacked for political satire
Reacting to the 14-day jailing of journalist Vakho Sanaia over his satirical Facebook posts and a reported assault on comedian Onise Okriashvili following a smear campaign in pro-government media prompted by a joke he had made, Denis Krivosheev, Amnesty International’s Eastern Europe and Central Asia Deputy Regional Director, said: “Beating up and imprisoning government critics […]
Airbus space business takes advantage of growing demand for satellite systems
Airbus executives say the turnaround in the company’s space business came just in time to tap growing demand, particularly from Europe.
Europe fines Google $1 billion for ‘harming’ online rivals
The European Union has fined Google €890 million ($1 billion) for breaching rules designed to promote competition in digital services
Google slapped with $1 billion fine under landmark EU digital law
European regulators fined Google 890 million euros ($1 billion) alleging the company gives preferential treatment to its own services.
China's Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
Geely Auto will build two electric SUVs at Ford's factory in Spain and the two firms will jointly develop a new model, they said on Thursday, as rising Chinese automakers race to use traditional carmakers' underutilized factories and get ahead of European local-content rules.
Eni to Buy European Fuel Service Station Business From Prax
The deal—for an undisclosed sum—was made through its Enilive subsidiary that is co-owned with U.S private equity company KKR, which has a 30% stake.
US politicians pitch aviation, space business at Farnborough Airshow
The U.S. boosted the size of its pavilion at the Farnborough Airshow by 22% this year, and U.S. politicians were out in force, vying with European rivals for investment from aerospace, defence, and space companies as the industries boom.
Burnham's German plan: Why Britain's new PM is looking to Europe
Brexit was supposed to pull Britain away from Europe. Yet 10 years on, Britain's new prime minister is championing ideas that look strikingly familiar to Germans – ideas which Berlin itself is starting to question. This Berlin Briefing deciphers the similarities between Andy Burnham and Germany‘s chancellor; how London may say goodbye to the Westminster System; and what it all means for NATO
Nestle nears sale of water business stake at close to €5 billion valuation, FT reports
Private equity firm Platinum Equity is nearing a deal to acquire about a 50% stake in Nestle's European water business in a transaction that would value the joint venture at almost €5 billion ($5.71 billion), the Financial Times reported on Wednesday.
First steps forward for the implementation of the Health Action Plan
ENISA is the EU agency dedicated to enhancing cybersecurity in Europe. They offer guidance, tools, and resources to safeguard citizens and businesses from cyber threats.
Science Corporation Launches PRIMA in Europe Following CE Mark for Vision-Restoring Retinal Implant
Key Takeaways Science Corporation has commercially launched the PRIMA retinal implant in Europe after receiving CE mark approval, enabling avail
Science Corp. launches Prima vison-restoring BCI implant in Europe
Science Corporation announced the European commercial launch of its Prima brain-computer interface (BCI) implant for vision restoration.
Samsung Galaxy Watch 9 and Ultra 2 specs and pricing leak in full ahead of launch
A fresh leak purports to reveal the full specs sheet of the Galaxy Watch 9 and Watch Ultra 2, as well as likely European pricing.
ECFR’s summer entertainment list 2026 – European Council on Foreign Relations
Whether you’re heading off on holiday or staying home this summer, ECFR’s entertainment recommendations—spanning books, podcasts and tv series—will help you rec
This Wearable Aims to Improve Your Blood Pressure. It’s Now in the US, and I Got a First Look
People in Europe who used the wearable significantly improved their blood pressure readings over six months.
From youth mobility to food exports: the outstanding EU dilemmas facing Burnham
European leaders have made positive noises about the new UK PM, but he is likely to face the same restrictions as Starmer
Popular actress defends giving up full custody of her daughter: ‘Most gut-wrenching experience’
Her daughter has lived with her father in Europe since 2018.
Freedom, trust and the future of science: Nobel laureates reflect on the ideas shaping tomorrow
Behind every scientific discovery are years, sometimes decades, of fundamental research, failed experiments, uncertain funding, international collaboration and the freedom to pursue questions without knowing where they might lead. The Nobel laureates recently gathered at the 75th Lindau Nobel Laureate Meeting in Germany argued that scientific breakthroughs depend on far more than brilliant ideas alone. Those conversations unfolded against the backdrop of Russia’s full-scale war against Ukraine, ongoing conflicts in the Middle East and growing geopolitical competition. The question running through the discussions was therefore broader than science itself: what conditions make discovery possible? ‘Europe is a space of freedom’
Experts agree at landmark event that simulation should be built into health system
On 15 June 2026, over 80 representatives from simulation societies, ministries of health, hospitals, universities, international organizations, professional associations and industry partners met at the WHO Academy in Lyon for a joint event of WHO and the Society for Simulation in Europe (SESAM). Together they tackled a pressing question: how can simulation move from isolated initiatives to systematic integration within health systems? The consensus was clear: simulation is no longer a niche educational tool. Beyond training, it strengthens health systems by improving quality of care, patient safety, workforce preparedness, team performance and organizational resilience.Participants agreed the evidence for simulation’s value no longer needs to be demonstrated, but that implementation remains fragmented and too often dependent on individual local champions. Bridging that gap, they said, means both generating further evidence and raising awareness among decision-makers.Discussions pointed to a shared path forward. To achieve scale and lasting impact, simulation must be embedded in national policies, workforce development plans, education systems and financing mechanisms. No institution can do this alone; stronger collaboration between governments, health institutions, academia, professional societies, international organizations and industry partners will be essential.“At the WHO Academy, we see simulation not simply as a training methodology but as a strategic tool for capacity-building, workforce readiness and stronger health systems,” said Dr Bart Janssens, Unit Head, Health Learning and Capacity Building. “This event is not only about discussion; it is about moving from ideas to action.”As health systems worldwide face workforce shortages, growing complexity of care and rapidly evolving competency needs, participants concluded that the question is no longer “Why simulation?” but rather how to scale it, how to sustain it, and how to ensure it becomes an integral part of stronger health systems.Looking aheadThe event marked the beginning of a collaborative effort rather than the end of a conversation. Over the coming weeks, WHO and SESAM will consolidate the discussions, recommendations and priorities that emerged, with a joint WHO–SESAM report to be published soon.
AMC Entertainment Q2 2026 earnings: record revenue, surprise profit
The theater chain beat Wall Street estimates on both revenue and earnings as attendance climbed in the U.S. and Europe
AMC Entertainment posted record revenue and a surprise profit as blockbusters packed theaters
The theater chain beat Wall Street estimates on both revenue and earnings as attendance climbed in the U.S. and Europe
The Best Genetic Risk Tools Don’t Work Equally for Everyone
Genetic prediction models are poised to revolutionize medicine. But because they have been trained on European DNA, they threaten to widen health care disparities.
Why Mega Mergers Like Paramount-Warner Bros Are Big Business for Big Law
A decision by the EU on the Paramount-WMD megadeal is expected this week. Mandates like Paramount’s bid for Warner Bros. are challenging and the reason that Brussels has the highest saturation rate of Global 200 firms present of any European city.
Arsenal's World Cup finalists
It's European versus world champions in Sunday's World Cup final and Arsenal have three players in Luis de la Fuente's Spain side who face Argentina live on the BBC from 19:00 BST. Mikel Merino has been dubbed the World Cup 'super sub' after scoring two last-minute winners in the knockout stages to eliminate Portugal and Belgium from the competition. At this tournament, he has become the first player in World Cup history to score the winning goal in two different knockout-stage matches as a substitute, and also the first Spanish player to score two winning goals after the 80th minute at the World Cup.
North Africa’s drying desert threatens Europe’s health
Catch up quickly on the global stories that matter
Free Fall 2.0 Puts The Front Office At A Crossroads
Too bad the crossroads seem to overlook a cliff on all sides, but which way do you want to go? This reminds me of a trip to Europe years ago in which Siri instructed, calmly, “turn left”. Only we were driving on a mountain road and for as long as the eye could see a […]
CFM wins approval for jet engine durability boost
Jet engine maker CFM International said it had won U.S. and European approvals for an upgrade that would improve durability of engines used on Boeing 737 MAX jets.
Where Was ‘The Odyssey’ Filmed? All About the Surprising Destinations Featured in Christopher Nolan’s Movie
Christopher Nolan’s ‘The Odyssey’ was shot across five European countries. Here’s everything to know about where ‘The Odyssey’ movie was filmed.
As Beijing ramps up exports, the world feels ‘China Shock’ 2.0
Trump’s tariffs have helped stem the flow of inexpensive Chinese goods to the U.S., but European factories are suffering under a flood of imported cars and tech.
CJEU Clarifies the Conditions for Seizure of Business Emails During Competition Inspections
On July 16, 2026, the Court of Justice of the European Union ("CJEU") issued a decision clarifying that EU law does not, as a rule, prevent a national
MEDaL-1 Mars Lander Science Definition Team
[ESA] Join the Science Definition Team (SDT) to help define the Exploration Science Payload for a proposed future Mars lander: MEDaL-1. Full announcement The European Explore2040 strategy expresses a bold […]
MAGA's meddling in European politics
While past US governments framed their involvement in Europe as support for democracy, that mission now appears less clear, especially since Donald Trump returned to office in January last year.
EU plans measures to help EU banks build scale and compete with US rivals
The European Commission aims to limit political interference in European Union banking mergers and remove obstacles to cross-border banking within the bloc to allow EU banks to compete more effectively against larger U.S. rivals.
Stocks Sink on Anxiety About Tech and A.I. Spending
A sell-off in Asia led by chipmakers spilled into Europe and U.S. markets on Friday.
EU Orders Google to Give Rival AI Apps the Same Android Access as Gemini
The European Commission today formally ordered Google to give third-party AI services the same access to Android device features that Gemini has. Europe's Digital Markets Act requires software makers like Apple and Google to grant equal interoperability to third-party apps and services, and the EC is enforcing it. DMA interoperability rules are why Siri AI won't be available in the European Union when iOS 27 launches.
It's official: EU will force Google to share search data and open up AI on Android
Google says these changes could endanger user privacy and security.
Expanded Crew Works Science, Microgravity Adaptation, and Next Crew Departure
The International Space Station is a busy place hosting ten crewmates from NASA, Roscosmos, and ESA (European Space Agency) through the end of July. The
Europe tells Google it must open Android phones to rivals’ AI bots
Officials said the decision was aimed at promoting competition.
Google ordered to open Android and Search to rivals in Europe
The EU says Google must let rival search engines and AI assistants have comparable access to Android and some Search data to comply with the DMA.
OnePlus, the ‘Flagship-Killer’ Smartphone Brand, Is All but Dead
The original OnePlus phone disrupted the mobile market 13 years ago with its affordable price and top-end specs. Now, the company is exiting North America and Europe to focus on China.
OnePlus officially gives up on the US and Europe
Existing OnePlus devices will transition to Oppo’s ColorOS for future software updates.
EU Top Court Backs Amnesty for Catalan Independence Leaders
The European Union’s top court ruled in favor of a Spanish law granting amnesty to Catalan politicians who held a referendum for the region’s independence in 2017, handing Prime Minister Pedro Sánchez a political boost.
U.S. and U.K. soldiers participate in Armed Forces Entertainment All-Star Soccer Tour
U.S. Army Soldiers assigned to V Corps subordinate units, Scottish soldiers from the U.K. army and professional soccer players touring with the Armed Forces Entertainment Heat Wave Summer Series, pose for a group photo after completing the scrimmage game during the All-Star Soccer Tour clinic at Tapa Army Base, Estonia, July 9, 2026. The AFE summer programming brings world-class entertainers, athletes, and performers overseas to connect with service members stationed around the globe. By providing unique opportunities for Soldiers to engage with professional talent, build morale, and share memorable experiences away from the mission, the program strengthens the resilience, camaraderie and sense of community that are essential to the military. V Corps is the U.S. Army's only forward-deployed corps, serving as the senior tactical headquarters for Army forces in Eastern Europe to deter conflict and provide combat-ready forces alongside our NATO allies. V Corps is operationalizing and expanding the Eastern Flank Deterrence Initiative with Allies, rapidly integrating emerging technologies into training and tactical plans. (U.S. Army photo by Sgt. Aaron Kaczur, 196th Mobile Public Affairs Detachment)
From Roker Park to Europe
What sparked a lifelong love affair with Sunderland? One rainy afternoon at Roker Park in 1983 led to four decades of unforgettable highs, lows and family memories.
Sunscreen gets an upgrade | Investors Lab
There are hundreds of brands of sunscreen available in the United States, but not one of them contains an ingredient we all need. Bemotrizinol, a highly effective, broad-spectrum chemical ultraviolet ray blocker, has been available in Europe for decades but absent from U.S. shelves. The regulatory bottleneck was driven by a 2011 U.S. Food and Drug Administration policy classifying sunscreens as drugs. While the classification remains, consumers and innovators can welcome the news that the FDA has officially approved bemotrizinol, effective August 9, 2026. Science News's Meghan Rosen provides the coverage.
Joey, Jesse Buss reportedly interested in NBA Europe ownership, stake in Padres
The brothers were fired from their positions within the Los Angeles Lakers' front office last fall, not long after Mark Walter's purchase of the franchise from the Buss family was approved.
The States Try to Topple WarnerMount…Thus Begins the Local Antitrust Era
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Well, it looks like it’s time for another strategy column. Can I finally avoid writing about M&A? No, it seems I cannot. Admittedly, I’m a week early with this column, since I usually put it out every other week. But this news couldn’t wait. This will make three “Most Important Stories” in a row with a merger or acquisition as its centerpiece. First, Roku-Fox (an acquisition), then Comcast-NBCUniversal (a divestment!), and now the State AGs and the WGA’s lawsuits against Paramount’s pursuit of Warner Bros. Discovery (antitrust). M&A is usually the “most important” topic any given week, simply because a giant company merging or breaking up (or preventing those outcomes) can have the biggest impact on the streaming board. If you think about these companies as players in a game, changing the number of players is one of the biggest changes you can make. I shouldn’t really complain, either, since this lawsuit is very good news for customers and suppliers (econ speak for talent, workers and indie studios in Hollywood). So let me answer some questions about this potential trial, along with (shudder) making some heavily caveated predictions. I’ll also look at whether Hollywood must consolidate, whether or not the states can win, trouble at X-Box, Netflix’s YouTube binge, and more. Plus, I have five images that visualize this merger and the harm, including three brand new data looks you’ve never seen before. Subscribe Most Important Story of the Week - Can The States and the WGA Stop Hollywood’s Consolidation (Crisis)? If every other newsletter and news outlet is writing about the same story, I try to avoid writing about it as well, but I can’t ignore a story this consequential. The story of the last year was the fate of Warner Bros. Discovery, and this development potentially extends that saga into 2027. As I tried to figure out my angle, I realized, like my last column, I’m again faced with a series of questions. These questions, though, are much more forward-looking. Will the states win? Will the WGA win? If so, what happens to Warner Bros. Discovery? Either way, will this chill the market for future mergers? So you know what that means: predictions. About the future, no less, the hardest thing to predict.1 Just remember: nothing here comes with a guarantee. And the more confident someone is in their predictions, the less you should trust them. This situation is incredibly fluid, nuanced, uncertain and tenuous. So let’s try to explain what may happen. Question: Why File this Lawsuit? I’ll admit, a few months back, I was fairly pessimistic about the fate of this lawsuit. Rumors had started bubbling up that the state Attorneys General (in particular California) wanted to settle with either some minor divestments (usually CNN) or behavioral remedies. And that tracked for me: the states usually settle lawsuits, like the recent John Deere right-to-repair suit. Yet, they plan to fight this. (As they did the LiveNation-Ticketmaster monopolization trial and the Nexstar-Tegna merger.) Honestly, that also makes a ton of sense. Frankly, this move is just good politics for these State AGs. Most are still running for higher and higher office in blue states—some folks have emphasized that only Democratic AGs joined this suit, but given the Ellison/Trump ties, and fears of retribution, that tracks—and a high profile case like this will help them move up the electoral ladder, especially since Paramount and its leadership (the Ellisons, father and heir) have sided with the other side of the political aisle. That makes them unsympathetic to Democratic voters and Hollywood workers in particular. Why did this lawsuit happen? In addition to the very real concerns about industry consolidation, this is why. That said, I don’t think we would have seen this lawsuit for Netflix and Warner Bros., simply because they’re more sympathetic and aligned with Democrats. But those consolidation concerns are real. The “town”—meaning Hollywood and such—really is seeing the damage of mergers on this industry. That’s why the WGA also filed its own lawsuit in defense of workers as well. (Wildcard: What about Europe? Will they try to stop the deal, too? There have been some rumors out of the UK they may try to fight the deal, and UK enforcers just stopped a Getty Images-Shutterstock tie up, so there is precedence. This argument could go either way, though. On one hand, the EU doesn’t need to step in, cause they states are handling it. On the other hand, this could make the EU’s case easier. Just imagine if both sides coordinated. I’ll simply say, “We’ll see!”) Question: Will The State AGs or the WGA Win? Can the state AGs play David to Paramount-Skydance’s Goliath here? That’s really the whole thing, isn’t it? If you know this result, you could make a lot of money. When things are uncertain, it’s tempting to shrug and say, “Eh” meaning it’s a 50/50 proposition. I wouldn’t, though. When in doubt, you should expect that the merging parties succeed. AT&T did successfully buy Warner Bros., after all, and Disney bought Fox without any challenges. Many judges are extremely sympathetic to mergers, and I’d bet the state AGs get a judge who will allow the merger. (Even Obama-appointed judges often allow mergers.) As I understand it, we’ll see two main attacks. First, theatrical films. The AGs are arguing that, when it comes to share of box office and the number of both “wide releases” and blockbuster (or “tentpole”) films, the merging parties will have over 27% market share. Now, the Supreme Court once ruled from on high that any merger that exceeds 30% is presumptively illegal, but that’s guidance, not an ironclad bar. Still, the states will have to argue that this is close to having too much power, and with that power, this will likely further worsen the theater/studio splits in particular. Indeed, as Matthew Stoller pointed out, “just five studios are responsible for 95% of all blockbusters; if this merger goes through, then Paramount and Disney will control 60% of that.” So yes, movie studios will be very concentrated after this merger. Want me to visualize some of that? Well, here’s the share of films that grossed over $200 million at the domestic box office since 2022. (Note: this isn’t all films released in over 3,000 screens, but it is a good look at market power.) First, here are the 43 films by studio: Notice all the blue (Disney), orange (Universal), and purple (Warner Bros)? Yeah, those studios are powerful, and this combines Paramount with one of them. Here’s the look by studio and share of the films that grossed over $200 million: Now, if you look at that and also think, “Huh, should we break up Disney?” I’m with you. I’ve seen some folks poo-poo this idea that this is a real category, but it is! For an upcoming article, I’ve been pulling data on the share of top 100 films at the box office as a share of total box office, and it’s massive. Here’s the chart: (This analysis looks at The-Number’s top 100 films and total domestic box office each year.) To be clear, tentpoles make up 80.7% of the box office each year, so I do think it’s a genuine market. (To be clear, films grossing over $50 million make up 80% of the domestic box office, and films grossing over $100 million make up 64.1%.) I mean, the top 100 films at the box office make up 95% of each year’s grosses. Worse, the combined studios will likely cut output to flex that market power. Everyone can just look at what happened to Disney and Fox to see the precedent. (With fewer films, the remaining theaters have to give more for those few films that remain.) Here’s an image I’ve used a lot, the share of wide-release films from Disney and Fox over time: The AGs will also argue that this consolidation will also impact the cable industry. In this case, the consolidation is actually worse, but that environment is…complicated. Paramount will argue that the cable industry is shrinking. That said, predictions that cable will “go to zero” also don’t look very well supported by the data, as the declines are shrinking, meaning “cable” or “vMVPDs” will likely stabilize at some point. Can the state Attorneys General win on those two main arguments? I honestly don’t know. Again, I’d bet no, since history in general supports that, but it depends on the judge/jury and how they interpret the arguments. Notably, Paramount won’t face accusations about monopoly power in other areas, like streaming, news, sports rights, or vertical integration. I tend to disagree with leaving out sports rights, but I also see the appeal for a simpler case. The states also aren’t really pushing novel theories about labor harm either, which should help. (By the way, Sean McNulty at The Ankler wrote a great run through of potential options, and Capitol Forum also wrote a great paper on theatrical consolidation. Both these pieces predated the lawsuit. Matthew Stoller is also out with his analysis of the pros and cons of the case too.) In some ways, the WGA’s case is even stronger. Quoting Sean McNulty’s summary: “The WGA is citing WARNAMOUNT as crossing a 30% market share in multiple sectors, a number that the Supreme Court has precedent for deeming “presumptively anticompetitive” in a market. According to the WGA numbers, WARNAMOUNT would have represented: - 35% of film writing jobs between 2021 and 2024 - 36% of TV writing projects between 2022 and 2025 - 38% of overall deals between 2021 and 2024” Notably, antitrust enforcers did win recently in the Penguin-Simon & Schuster merger by focusing on labor impact, so don’t count this thinking out. (Wildcard: Will the states try to get a jury trial? Most likely no, they’ll let a judge handle it. If I’m them, though, I’d try to put this in front of a jury. Juries tend to understand monopoly power in a more realistic way than judges faced with legions of economists.) Question: What if They Win? What if They Lose?
Scottie Scheffler favored to win Open, but bettors like Europeans
Scottie Scheffler is the betting favorite to win the Open Championship, but sportsbooks are getting action on European golfers like Matt Fitzpatrick and Tommy Fleetwood.
Joey, Jesse Buss pursuing NBA Europe ownership: Sources
NBA commissioner Adam Silver said Tuesday that NBA Europe is expected to make decisions regarding bids in the upcoming weeks.
Phone maker OnePlus says it won't release new phones in the U.S. and Europe
OnePlus could also wind down its operations in India by 2027.
Phone maker OnePlus reportedly plans to wind down US and Europe operations
OnePlus could also wind down its operations in India by 2027
OnePlus shutdown reportedly goes beyond US & Europe next year, Realme exiting China
If you had any doubts left regarding the end of OnePlus in Europe and the US, another report is stepping...
Report: OnePlus to Pull Out of US and Europe
OnePlus is exiting the U.S. and European smartphone markets as part of a broader restructuring at parent company Oppo, Bloomberg reports. OnePlus is a wholly-owned subsidiary of Oppo. The change could happen as early as this week, according to a person familiar with the matter who spoke to Bloomberg. Realme, another Oppo-owned mobile brand, will exit the China market as part of the same restructuring.
Five cloud business groups urge EU interim measures against Broadcom
The Cloud Infrastructure Services Providers in Europe (CISPE) has joined forces with four other trade groups to urge EU antitrust regulators to suspend some business practices of U.S. chipmaker Broadcom , according to a joint letter seen by Reuters.
EU Drops Battery Removal Requirement for Apple Watch and AirPods
The European Commission yesterday adopted new exemptions to its Batteries Regulation that free the Apple Watch and AirPods from having to offer user-removable and replaceable batteries. The EU's Batteries Regulation generally requires consumer products sold in the region to let users swap out their own batteries, a push meant to keep devices in use longer and make it easier to recover materials for recycling.
Shared values, democracy and politics in a fragmenting world
Analysis L21 | As polarization deepens, Latin America and Europe face growing challenges to democracy, trust and collective leadership.
JPMorgan expands EMEA corporate banking business in latest push on regional rivals
By Lawrence White LONDON, July 15 (Reuters) - JPMorgan has launched an expansion of its corporate banking business in Europe, the Middle East and Africa as it seeks to grow income and claim market share from regional and domestic lenders, James Roddy, ...
JPMorgan expands EMEA corporate banking business in latest push on regional rivals
JPMorgan has launched an expansion of its corporate banking business in Europe, the Middle East and Africa as it seeks to grow income and claim market share from regional and domestic lenders, James Roddy, head of global corporate banking at the U.S. lender, told Reuters.