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: Business
Spotify hits repeat on price hike, premium plans up again
Just when you thought your music streaming bill couldn’t get any higher, Spotify decides to hit a higher note—on your wallet. On Monday, the Swedish [more…]
L’Oréal UK & Ireland shifts media account to Publicis
In a strategic move, L’Oréal UK and Ireland has announced its decision to entrust its media planning and buying account to Publicis Media, following an [more…]
Airbus struggles with parts shortages, faces potential delays in jet deliveries
Airbus, the aviation giant, is feeling the squeeze. With ambitious plans to ramp up passenger jet production, the company is now grappling with persistent parts [more…]
ENAMI aims for 2027-2028 start on first lithium project
In a move that seems ripped from the pages of a tech-fueled future, Chile’s state mining firm ENAMI is gearing up to break new ground—literally [more…]
Volkswagen unveils plan for budget electric cars to challenge Chinese rivals
Volkswagen, Europe’s auto giant, is charging forward with an ambitious plan to develop affordable electric vehicles, taking on Chinese competitors head-on. This decisive move follows [more…]
Cazoo’s tech dream dashed, administration looms, jobs in jeopardy
Once upon a time, in the bustling world of British tech startups, there was a shining star named Cazoo. Founded by Alex Chesterman, the mastermind [more…]
A fresh chapter for Southern Copper and Peru’s Tia Maria project
Arequipa, Peru – After more than a decade of delays and setbacks, Southern Copper’s Tia Maria project is poised to break ground either by the [more…]
Luxury retailers pivot as Paris Olympics redirect high-end tourists to London, Milan, and Barcelona
In a twist of Olympic proportions, European luxury retailers are making strategic moves, eyeing deep-pocketed tourists who might bypass Paris this summer to avoid the [more…]
Italy’s Treasury raises €1.4 billion by selling 2.8% stake in energy giant Eni
Italy’s Treasury has successfully sold a 2.8% stake in the energy group Eni, raising approximately 1.4 billion euros ($1.52 billion) as part of its efforts [more…]