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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
NewslettersCEO Weekly Europe
Europe

A farewell to CEO Weekly Europe, but stay tuned for more

By
Alex Wood Morton
Alex Wood Morton
and
Aslesha Mehta
Aslesha Mehta
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By
Alex Wood Morton
Alex Wood Morton
and
Aslesha Mehta
Aslesha Mehta
Down Arrow Button Icon
April 16, 2024, 11:57 AM ET
Buses traffic on the street at the financial district of London.
Buses traffic on the street at the financial district of London.RistoArnaudov via Getty

Good morning.  

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This will be the final edition of CEO Weekly Europe.

We will be launching a new Europe newsletter for our globally-minded readers later this year. During this hiatus, we encourage you to explore our website, sign up for Fortune Daily to receive Europe stories delivered to your inbox, and follow our social media channels listed below. We will continue to share valuable content and updates through these channels.

Our team is excited and we look forward to reconnecting with you soon. Thank you for being a loyal subscriber to Fortune.  

More news below.

LinkedIn: @Fortune 

X: @FortuneMagazine 

Instagram: @fortunemag 

TOP NEWS

Converting human waste into jet fuel  

Airline operators have struggled to find sustainable alternatives to jet fuel. Wizz Air may have landed on a rather smelly solution: human feces. The Hungarian budget airline plans to operate 10% of its flights using sustainable aviation fuel (SAF) by 2030 and is working with U.K.-based biofuel company, Firefly, which turns sewage into fuel. Fortune 

Solar hope dims in Europe 

European solar firms facing challenges in their home markets are considering expansion to the U.S., where demand is strong and sustainable policies are more favorable. This week, German manufacturer Meyer Burger is packing up its German factory and relocating production to the U.S. Such moves come as European firms face competition from Chinese rivals and lack support from local governments. Reuters 

Europe makes headway in the generative AI race 

To mark Fortune's inaugural Brainstorm AI conference in London earlier this week, our editors analyzed some of Europe's AI power players using exclusive insights from intelligence company, Dealroom. The continent has made great strides; among the 15 AI firms with headquarters in Europe and Israel, three boast female founders and seven were founded in Europe but have relocated to the U.S., where they acquired $1.7 billion in funding. Fortune 

AROUND THE WATERCOOLER

German chancellor walks tightrope as he travels to China to discuss dumping, overproduction, and copyright violations by Bloomberg

Viagogo boss thinks Bob Marley would have approved of ticket touting that sees fans charged thousands above asking price—‘after some education’ by Ryan Hogg

Lego is about more than just kids’ toys—adults are proving lucrative for the Danish company’s $9.7 billion sales by Prarthana Prakash

Residents rush to save artifacts as blaze engulfs Copenhagen’s historic stock exchange building in devastating fire by Bloomberg

A ‘febrile’ excitement in European cities like Paris and London is helping early-stage AI firms keep up with the U.S., but North American stars show biggest VC dollars are still flowing across the Atlantic by Ryan Hogg

This edition of CEO Weekly Europe was curated by Aslesha Mehta.

About the Authors
Alex Wood Morton
By Alex Wood MortonExecutive Editor, Europe

Alex Wood Morton was Fortune's executive editor, overseeing expansion in Europe.

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Aslesha Mehta
By Aslesha MehtaSenior Production Editor
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