Mon 3 Aug 2026
FTSE 100 10,861.30 +0.74%Microsoft 486.30 +24.98%NVIDIA 205.46 +4.55%Apple 305.70 -9.27%Google 367.89 +12.65%S&P 500 7,569.81 +2.11%Nasdaq 25,740.48 +3.24%Dow 53,118.98 +1.74%Russell 2000 2,969.66 +0.73%US 10Y Treasury 4.69% +1.91%Euro Stoxx 50 6,426.18 +2.17%DAX 26,060.79 +2.76%AEX-Index 1,100.97 +0.78%Nikkei 225 63,754.90 +2.23%Hang Seng 26,009.40 +3.18%Gold $4,083.80 +1.22%Silver $57.32 -0.95%Brent Crude Oil $83.37 -8.12%Natural Gas $2.75 +0.88%Copper $6.48 +3.24%GBP/USD 1.3453 +1.23%GBP/EUR 1.1673 -0.14%GBP/AUD 1.9233 +1.12%Bitcoin (USD) $63,142 -2.45%Ethereum (USD) $1,850 -3.50%FTSE 100 10,861.30 +0.74%Microsoft 486.30 +24.98%NVIDIA 205.46 +4.55%Apple 305.70 -9.27%Google 367.89 +12.65%S&P 500 7,569.81 +2.11%Nasdaq 25,740.48 +3.24%Dow 53,118.98 +1.74%Russell 2000 2,969.66 +0.73%US 10Y Treasury 4.69% +1.91%Euro Stoxx 50 6,426.18 +2.17%DAX 26,060.79 +2.76%AEX-Index 1,100.97 +0.78%Nikkei 225 63,754.90 +2.23%Hang Seng 26,009.40 +3.18%Gold $4,083.80 +1.22%Silver $57.32 -0.95%Brent Crude Oil $83.37 -8.12%Natural Gas $2.75 +0.88%Copper $6.48 +3.24%GBP/USD 1.3453 +1.23%GBP/EUR 1.1673 -0.14%GBP/AUD 1.9233 +1.12%Bitcoin (USD) $63,142 -2.45%Ethereum (USD) $1,850 -3.50%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 32°C SunnyBirmingham 29°C Partly CloudyManchester 28°C SunnyNewcastle 18°C Partly CloudyBristol 30°C SunnyPembroke 21°C Partly CloudyEdinburgh 17°C Patchy rain nearbyBelfast 19°C SunnyInverness 14°C Light rainPenzance 21°C SunnyHolyhead 21°C Partly CloudyNorwich 27°C Sunny
More Info

EU Moves to Limit Starlink’s Expansion in Europe

Advertisement
Follow News in 60 on Facebook

The European Commission is set to prioritise European satellite operators over Elon Musk’s Starlink in a strategic move to enhance the EU’s technological sovereignty. This decision comes in response to growing concerns about reliance on US-based satellite services, particularly highlighted during the Ukraine conflict, where Starlink played a crucial role in maintaining communications.

By favouring local operators, the EU aims to bolster its own satellite connectivity systems, such as the IRIS² initiative, which seeks to provide secure communications independent of foreign influence. This shift could reshape the competitive landscape of satellite internet services in Europe, potentially limiting the reach of Starlink and Amazon’s Project Kuiper.

The decision also reflects a broader trend of nations seeking to control critical technologies within their borders, especially in light of geopolitical tensions. As the EU moves forward with this plan, it may face pushback from the US, which has expressed concerns about favouring local providers at the expense of American companies.

For UK consumers, this could mean a more competitive satellite internet market in the future, with potentially better services and pricing from European operators. However, the immediate effects on service availability and pricing remain to be seen as the EU implements these changes.

Source: Euronews

Read more War news →

Leave a comment

Your email address will not be published. Required fields are marked *