Tech sovereignty key issue for Europe amid tensions between US, China

BRUSSELS, BELGIUM – DECEMBER 16: European Commissioner Thierry Breton.

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LONDON — The European Union is investing billions of euros into what it believes are fundamental and core technologies as part of an effort to boost its tech sovereignty and reduce its dependency on the U.S. and China.

The Fraunhofer Institute, a state-backed German research agency, defines tech sovereignty as the ability of a state “to provide the technologies it deems critical for its welfare, competitiveness and ability to act, and to be able to develop these or source them from other economic

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Foot Locker Europe Launching Diverse Marketing Campaign

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Foot Locker is stepping up to the plate when it comes to diversity.

Its European division, Foot Locker Europe, on Friday will unveil “Shoes Don’t Change the World. You Do,” a new advertising campaign and brand platform intended to better connect the company to its core Gen Z consumer base.

The campaign features a diverse cast of what the retailer calls “influential changemakers who are creating and inspiring change within their community.” They include Ashton Attzs, a London-based queer, nonbinary artist; Jade Pearl, an abstract artist, illustrator and model; Marvin Bonheur, a French

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Europe Set for Negative Start, US-China Tensions Rise, US Tech Giants Fell

Pfizer and BioNTech are working on four drugs that they are hoping will go on to be coronavirus vaccines, and the FDA put two of the four on a fast track for approval. At the back end of last week, BioNTech said they could receive approval as early as Christmas, but in light of yesterday’s news, it might even be sooner.

European equities closed higher and US stocks got off to a good start on the back of the news. The FDA update carried on nicely from Friday’s news that Remdesivir, the antiviral drug produced by Gilead Sciences, can reduce

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