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The Latest Breaking News on European tech

Ford details $3.5 billion electric vehicle battery plant to be built in Michigan

ROMULUS, Michgan — Ford Motor Co. signaled Monday that Michigan will play a central role in the Dearborn automaker's bid to secure its electric-vehicle supply chain and diversify its battery technologies.

Tribune News Service

Tolent collapses into administration with loss of more than 300 jobs

Interpath Advisory has confirmed that a team has been appointed after the group tumbled into financial difficulties.

Birmingham Post

Rocky start to 2023 as Welsh business activity contracts faster than UK average

But business confidence reached a six-month high

Birmingham Post

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Expro acquires DeltaTek Global

The deal should help with the Aberdeen-based company's international growth plans

Insider UK

Reach Solutions announces island of Ireland senior leadership reshuffle

Hugh Crowther becomes Group Sales Director in the Republic of Ireland and Cherith Andrews Group Sales Director in Northern Ireland

Birmingham Post

German authorities raid firms suspected of Russia sanctions violations

German authorities searched the premises of three companies early Thursday as part of an ongoing probe into the possible violation of European Union sanctions against Russia, prosecutors said in a statement.

Reuters

1 Tech Stock You Can Buy at a Discount Today

As the debt-fueled and growth-focused technology sector has been finding the going tough in an increased interest-rate environment, fundamentally strong tech stock Arrow Electronics (ARW) is available at a discount. Read on….

StockNews.com

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1 Industrial Machinery Stock to Watch Right Now

Construction equipment manufacturer Caterpillar (CAT) gained more than 30% over the past six months and recently hit its 52-week high. It delivered double-digit top-line growth and generated strong free cash flow in the past fiscal year. Moreover, sustained demand, strategic partnerships, and favorable federal infrastructure initiatives position the company to…

StockNews.com

Manchester jobs at risk as takeaway delivery firm Deliveroo reveals plans to cut around 350 roles

Deliveroo is the latest well-known technology company to announce job cuts in recent months

Manchester Evening News

Edinburgh-based sports app developer bags £1 million investment

The money will be used to expand its operations and marketing presence in North America

Insider UK

Former company of the year Metnor Construction to file for administration

The Newcastle company has filed a notice of intention to appoint administrators

Birmingham Post

Ireland jobs: Two firms announce an overall 200 roles as part of major expansion

Both companies are hiring for a number of roles across various departments with plenty of positions up for grabs

Dublin Live

Metnor Construction in Killingworth to file for administration

The former Tyneside company of the year is calling in business advisors after falling into difficulties

Chronicle Live

Climate-driven consumer trends

Almost 99% of the 15,000 global early technology adopters surveyed by Ericsson say they expect to be proactively using internet and connectivity-based solutions by 2030 to personally address the impact of climate change and global warming.

Bangkok Post

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Birmingham Post

North East names feature among list of country's top small and medium sized businesses

SoPost, Rarecan and Talbot Jones are among those singled out by judges for business excellence

Insider UK

Edinburgh design firm Nile acquires Dig Inclusion

Deal comes as part of strategic shift towards accessibility and inclusivity in digital design

Birmingham Post

Deal makers at PKF Francis Clark report £1.3billion transactions in 2022

The corporate finance team advised on 93 deals with a combined value of £1.3 billion during 2022, including a number of confidential transactions not in the public domain.

The Independent UK

Change is an invitation for innovation

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Asharq Al-Awsat

Funds, Financing Portfolios Allocate $1 Billion for Saudi Emerging Technologies

Eight investment funds and programs allocated 3.7 billion riyals ($1 billion) to support Saudi Arabia’s IT sector. On the sidelines of the LEAP 2023 conference in Riyadh, the Ministry of Communications and Information Technology unveiled on Tuesday investment funds to support the growth of startups and medium-sized companies, accelerate the…

Birmingham Post

Speedy Hire launches investigation into missing equipment worth £20m

The company said the loss is not expected to impact its cash position or underlying profit performance

Birmingham Post

Dynamo boss sets out new strategy to grow tech network and its influence

Co-founder of the North East membership organisation Charlie Hoult has stepped down from his role as chair

StockNews.com

3 Logistics Stocks to Add to Your Portfolio This February

The logistics industry has recovered significantly from pandemic-related challenges and is poised to witness solid growth in the foreseeable future, driven by the rapid adoption of advanced technologies and redesigning of supply chains. Therefore, it could be wise to add quality logistics stocks Kuehne + Nagel (KHNGY), Universal Logistics (ULH),…

Asharq Al-Awsat

Saudi Arabia Unveils Investments Exceeding $9 Billion with Launch of LEAP 2023

With the launch of the LEAP Tech 2023 conference - the largest global gathering for technology and digitization developments – on Monday in Riyadh, Saudi Arabia unveiled investments exceeding $9 billion to support future technologies and emerging companies in the Kingdom. More than 700 experts, scientists and specialized companies from…

Birmingham Post

Filtronic revenues rise 5% amid growth in global aerospace and defence markets

Half year sales are up to £8.4m but the worldwide semiconductor shortage will shape the rest of 2023, the firm says

Manchester Evening News

Manchester tech firms beat Rome, Lisbon and Brussels by raising over £500m in record year

Manchester has over 1,600 start-ups and scaleups which are employing an estimated 60,000 people

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