2025

• EU private equity firms invested $6.8 billion in local AI companies in 2025, an 83.3% increase from the previous year. • This significant investment boost is expected to spur growth in the AI sector, with funding for AI startups and adoption of AI solutions by portfolio companies. • The increase in investment is likely driven by the potential for AI to improve operations and create new opportunities for businesses.

• Cinema admissions and box office revenues across Europe declined in 2025, with revenues dropping 1.2% to €6.9 billion according to a report by UNIC. • Despite the general downturn, several countries saw box office increases, including Germany, the UK, Poland, Norway, and Saudi Arabia. • The data highlights a fragmented recovery for the film industry, where specific regional markets are outperforming the broader European trend.

Camp owners said total debt exceeds $10m in chapter 11 filing after catastrophic flood last JulyCamp Mystic, the Christian summer camp in Texas where 28 people died in a catastrophic flood last July, has filed for bankruptcy, according to court records.In a Chapter 11 filing, submitted Wednesday in the southern district of Texas, the camp’s owners said that the camp’s total debt “exceeds $10m”. Continue reading...

• The global entertainment and media (E&M) industry is projected to grow to a total value of US$3.5 trillion by 2029. • This growth will be driven by the emergence of new technology and innovative modes of value creation across the sector. • In Japan, the continued expansion of video game culture is specifically cited as a key factor in broadening the industry's dimensions.

• Pfizer expanded its obesity pipeline through a $150 million deal for YaoPharma’s oral GLP-1 agonist and a separate $150 million investment in GLP-1 and amylin drug candidates. • Sanofi acquired Blueprint Medicines for $9.5 billion to secure oncology and rare disease assets, including the approved drug Ayvakit. • The Trump administration's critical stance toward vaccines and mRNA technology, alongside shifting HHS funding for basic academic research, emerged as central industry concerns.

• Relativity Space announced plans in June 2026 to privately build and launch a Mars orbiter by 2028. • The mission will carry NASA's Aeolus atmospheric instruments and serve as a communications relay, funded by an unnamed philanthropic donor. • The announcement comes despite the company's poor track record, as its only rocket flight in March 2023 failed to reach orbit due to a second-stage engine failure.

Plan is admission US could not achieve what it sought through war as red line after red line has been erasedOnly a man with an unparalleled ignorance of history such as Donald Trump would have signed America’s peace treaty with Iran at Versailles, the byword for national humiliation. And only a man with an impish sense of humour such as Emmanuel Macron would have suggested it.It is easy to cast Trump in the role of the humiliated and hurt German Count Ulrich von Brockdorff-Rantzau. The treaty of Versailles after all was based on 14 points, just as the memorandum of understanding has 14 clauses. Continue reading...