B&M European Value Retail Shares Rise on Higher Revenue

Corroborated by 6 sources from 6 publishers

usbusiness2d ago

TL;DR

B&M European Value Retail Shares Rise on Higher Revenue B&M European Value Retail Shares Rise on Higher Revenue European Union leaders, worried about the continent relying too heavily on American companies for AI and cloud computing services and Asia for microchips, are pushing back. The 27-nation bloc unveiled a “tech sovereignty” package on Wednesday with measures to promote homegrown European alternatives to Big Tech services and hardware. The efforts by Brussels have gained urgency as leaders worry about dependence on technologies from foreign providers, which they say could be “weaponized” against Europeans.

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