Euro - ECB-Photo by Mika Baumeister on Unsplash

The euro has climbed above US$1.15 on the back of a softer US dollar, with an expected European Central Bank rate rise in September offering further support through a quiet August.

Data centre - Image by Akela999 on Pexels

The European Commission has launched a call for proposals under the Battery Booster Facility, making available up to €1.5 billion in interest-free loans to support battery cell manufacturing projects across the European Economic Area.