STMicroelectronics to build chip factory in Sicily
In a move to cut its dependency on China, Europe is taking significant steps to ramp up its semiconductor game. STMicroelectronics, a heavyweight in the [more…]
Category: European Union
Lufthansa and ITA Airways submit new proposals to EU Commission in bid to secure stake purchase approval
In a bid to address the European Commission’s regulatory concerns, the Italian government and Lufthansa have submitted new proposals regarding the German airline’s planned acquisition [more…]
Chery makes history as first Chinese EV maker to establish a plant in Vietnam
In a move that signals the burgeoning electric vehicle (EV) market in Vietnam, automaker Chery has inked a landmark joint venture agreement with local company [more…]
TotalEnergies powers up Belgium’s energy future with second battery storage project
In a bid to bolster Belgium’s energy infrastructure, TotalEnergies is set to expand its footprint in the country with a second battery storage project. The [more…]
Vodafone’s Italian business sold to Swisscom for €8 billion
In a significant move, Vodafone has agreed to sell its Italian business to Swisscom, the Bern-based telecommunications firm, for a staggering €8 billion in cash. [more…]
ASML’s potential departure highlights Dutch immigration policy concerns
In a move to prevent semiconductor equipment maker ASML, the Netherlands’ largest company, from relocating or expanding abroad due to anti-immigration policies, the Dutch government [more…]
Swedish property giants SBB and Heimstaden face billions in losses
In a turn of events reflecting the volatile nature of the European property market, two of Sweden’s leading property companies found themselves grappling with substantial [more…]
Solita expands European presence with launch of Intellishore AG in Switzerland
In a move to expand its global presence and cater to the needs of large multinational and pharmaceutical companies, Solita, a technology, data, and design [more…]
Spotify to offer audiobooks and subscriptions in Europe, bypassing Apple’s fees
Spotify announced on Wednesday that starting in March, its European users will be able to purchase audiobooks and subscription plans directly within the music-streaming app. [more…]
Amazon fined for intrusive worker monitoring in France
France’s privacy watchdog, CNIL, has wielded its authority, slapping Amazon’s French warehouse business with a hefty 32 million euro fine ($35 million) for what it [more…]