Intel to receive 10 billion euros in subsidies from Germany – source Decision highlights Berlin’s efforts to attract foreign investment Intel shares -0.7% in Frankfurt BERLIN/STOCKHOLM, June 19 (Reuters) – Germany will give U.S. chipmaker Intel 10 billion euros ($10.91 billion) in subsidies for its planned plant in Magdeburg, a source familiar with the matter … Read more
Ease of employing 2,000 workers Poland ‘a bit hungrier’ than rivals – CEO No details of grants awarded WROCLAW, Poland/STOCKHOLM, June 16 (Reuters) – Intel (INTC.O) plans to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland. Poland, as part of a multi-billion dollar investment campaign across Europe … Read more
BRUSSELS, June 14 (Reuters) – Alphabet (GOOGL.O) Google may have to sell off part of its lucrative ad-tech business to address antitrust concerns, EU regulators said on Wednesday, threatening the company of its most severe regulatory sanction to date. . The European Commission laid out its charges in a statement of objections to Google two … Read more
Just over a fifth of UBS executives will come from Credit Suisse Bank’s demise exposed regulatory loopholes and panic risks ZURICH, June 12 (Reuters) – UBS (UBSG.S) completed its emergency takeover of struggling local rival Credit Suisse (CSGN.S) on Monday, forging a Swiss banking and asset management giant fortune with a balance sheet of $1.6 … Read more
WASHINGTON/DUBAI, June 8 (Reuters) – Both the United States and Iran on Thursday denied reports that they were close to an interim deal under which Tehran would curb its nuclear program in exchange for relief from nuclear weapons. penalties. “This report is false and misleading,” a White House National Security Council spokesman said, referring to … Read more
Cuts could amount to 1 million bpd – sources OPEC+ must adjust its production baselines – sources Formal meetings delayed by more than 3 hours VIENNA, June 4 (Reuters) – OPEC and its allies met on Sunday to try to agree on further production cuts, sources told Reuters, as the group grapples with falling oil … Read more
(1/5) Austrian policemen stand outside the OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger Cuts could amount to 1 million bpd – sources Saudi minister told speculators to ‘be careful’ Russian Novak expected at Sunday’s meetings LONDON, June 3 (Reuters) – OPEC and its allies begin two days of meetings on Saturday that … Read more
Cuts could amount to 1 million bpd – three sources Saudi minister told speculators to ‘be careful’ JP Morgan says OPEC didn’t act fast enough VIENNA, June 2 (Reuters) – OPEC and its allies are discussing deepening oil production cuts, possibly up to 1 million barrels a day, three sources told Reuters on Friday as … Read more
OpenAI CEO rescinds earlier threat to leave Europe Dit had a productive week of AI regulation conversations European lawmakers criticized OpenAI’s threat zone May 26 (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on Friday, reversing a threat made earlier this week to leave the region if it became too … Read more
(1/4) Sam Altman, CEO of OpenAI, meets with French President Emmanuel Macron (not pictured) at the Elysee Palace in Paris, France, May 23, 2023. President Macron meets Altman, creator of ChatGP, to discuss artificial intelligence issues . YOAN VALAT /Pool via REUTERS/File Photo OpenAI’s Altman warns EU not to over-regulate EU lawmakers dispute Altman’s claim … Read more
