By Supantha Mukherjee
STOCKHOLM (Reuters) - Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity.
The new fund will be Accel's eighth since opening its London office in 2000. Accel has so far backed more than 200 companies across 20 countries in the region and still has investments in more than 100... (continue reading...)
(Reuters) - Ukraine's commander in chief and its defence minister discussed military aid and the frontline situation with senior U.S. officials on Monday, Commander Oleksander Syrskyi said.
Syrskyi, writing on the Telegram messaging app, said he and Defence Minister Rustem Umerov had a discussion with U.S. national security advisor Jake Sullivan, Defense Secretary Lloyd Austin and Charles Brown, chairman of the Joint Chiefs of Staff.
"We... (continue reading...)
TUNIS (Reuters) - Tunisian police stormed the bar association's headquarters for the second time in two days and arrested a lawyer, witnesses said on Monday, after detaining two journalists as well as another lawyer critical of the president over the weekend.
A live broadcast on media website TUNMEDIA showed videos of broken glass doors and toppled chairs while the police arrested the lawyer Mahdi Zagrouba and other lawyers screamed in the background.... (continue reading...)
SYDNEY (Reuters) - Australia's government will boast a second consecutive budget surplus on Tuesday, courtesy of strong employment and high commodity prices, giving it cash to afford more cost of living relief and industry incentives.
Figures from Treasury showed the government is expected to post a surplus of A$9.3 billion ($6.14 billion) for the fiscal year to June 2024, after a A$22.1 surplus last year, marking the first back-to-back budgets in the... (continue reading...)
(Reuters) -Grupo Aeroméxico SAB de CV recorded a 29% jump in revenue for 2023, the Mexican airline disclosed in its paperwork for an initial public offering in the United States on Monday, more than two years after it exited bankruptcy proceedings.
The company is among many that have flocked towards U.S. bourses in recent months as they seek to tap into the broader pool of capital and richer valuations that American markets offer.
The... (continue reading...)
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