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Europe to surpass $100bn in startup funding this year

    Bloomberg Europe’s technology sector is set to bring in more than $100 billion of annual investment for the first time this year, capping off a period of deal-making and surging valuations. With nearly three times as much capital projected to be raised this year compared with 2020, the total number of tech companies in Europe valued at more ...

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‘Canadians lack confidence in fight to curb inflation’

  Bloomberg Canadians are unconvinced that policy makers will be able to rein inflation back to pre-pandemic levels, a worrying development that could reinforce the need for the Bank of Canada to be vigilant about price pressures. A large majority of Canadians, or 63.5%, say they lack confidence that inflation will return to more normal levels, according to a survey ...

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French economy shows little sign of succumbing to omicron angst

  Bloomberg French economic activity will continue to rise in December, despite another wave of the Covid-19 pandemic and fresh uncertainty over the omicron variant, according the Bank of France. Completed at the end of last week, the central bank’s monthly survey of 8,500 firms is the first indicator of how businesses in the euro area’s second-largest economy are faring ...

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