European Commission President Ursula von der Leyen announced a renewed drive to establish a unified capital market across the EU, aiming to unlock private investment for defence, digitalisation, and climate initiatives, with significant progress expected before summer.
The European Union will launch a renewed push to advance its long-delayed Capital Markets Union, aiming to mobilize private investment for defence, digital, and green priorities, European Commission President Ursula von der Leyen said.
Speaking alongside newly appointed German Chancellor Friedrich Merz at a joint press conference, von der Leyen emphasized the urgency of progress: “We need a deep and liquid functioning capital market for the entire European Union. We agreed that now is the time to push this agenda forward, and we expect to see real momentum before summer.”
Efforts to create a Capital Markets Union have stalled for over a decade, hindered by divergent national interests, regulatory disparities, and varied financial cultures across EU member states. However, the geopolitical landscape and the need for major long-term investments have reignited calls for reform.
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European leaders gathered in Dublin on Thursday, 12 November, for the ninth European Political Community (EPC) summit, with security, defence and energy high on the agenda. Azerbaijani President Ilham Aliyev held talks focused on peace, trade and regional cooperation.
Iran will not let a single particle of its enriched nuclear material leave the country, and any new U.S. attack would be met with strikes on distant American bases, Iranian security chief Mohsen Rezaei has said.
Nvidia chief executive Jensen Huang is stepping down amid reports linking him to a woman suspected by U.S. authorities of spying for China, throwing the future of the $4 trillion chipmaker into uncertainty.
Kazakhstan’s security service has arrested Nurlan Zhakupov, CEO of Samruk-Kazyna, the country’s sovereign wealth fund, on suspicion of corruption. Yelzhas Otynshiyev, Chairman of KTZ, Kazakhstan’s national railway firm has also been detained.
Eight people have been killed and at least 17 injured after an apartment building collapsed into a neighbouring construction site in Brooklyn, New York, as rescuers continued searching the rubble for possible survivors.
BMW is recalling more than 720,000 vehicles in the U.S. over a fire risk, warning owners to park outside and away from buildings until repairs are completed. The recall follows 10 reported fires involving cars previously repaired for the same fault.
The United Nations Children’s Fund (UNICEF) says 3.7 million children in Afghanistan are suffering from acute malnutrition, as worsening drought and funding shortages threaten to deepen the crisis amid the COP31 climate summit in Türkiye.
A consortium of Türkiye’s Limak and Qatar’s HBK Contracting has won an international tender to build and operate a new airport terminal in Bukhara, Uzbekistan, under a 23-year public-private partnership, with the project potentially costing up to $300 million.
Spain’s parliament has approved a government package aimed at easing the country’s housing crisis, a day after workers staged the first general strike in 14 years over soaring housing costs.
Here's your AnewZ Technology Daily Brief for the 13th of November. This week, a Microsoft outage hit Australian agencies, Google restricted mapping data in South Korea, a lawsuit targeted advanced AI development, and Nvidia faced a leadership crisis after Jensen Huang's resignation.
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