Can Europe’s $20 Billion AI Gigafactories Compete?
Europe plans to invest $20 billion in four AI gigafactories to compete with the US and China, but experts question their feasibility. These data centres...
Tag : Europe
Germany to Relax Debt Limits to Boost Economy and Defence
Germany’s next governing parties have agreed to ease borrowing limits, unlocking over €1 trillion for defence and infrastructure spending. The debt brake, introduced in 2009,...
Macron Seeks to Align Europe and Ukraine with Trump on Peace Efforts
Emmanuel Macron held separate talks with Donald Trump and Volodymyr Zelenskyy to align with the US on ending Russia’s war on Ukraine, following a mini-summit...
Container Import Dependence and Higher Freight Costs Hurt India’s Exports: GTRI
According to the Global Trade Research Initiative (GTRI), India needs to make more containers, use more containers made in India, strengthen its shipping companies, and...
Meta Faces Regulatory Anger in Australia for Scraping User Data
Australian senators questioned top Meta executives about allowing users to choose whether their data is collected. They were concerned about Meta’s use of public Facebook...
Maruti Suzuki India to Begin Exporting EVs to Europe and Japan Soon
Maruti Suzuki is set to export electric vehicles (EVs) from India to Europe and Japan, according to MD and CEO Hisashi Takeuchi. The high-spec EV...
French Bond Futures and Euro Slipped as Left Alliance Success Foster Fiscal Doubts
French bond futures fell 23 points in early Asia trading. The euro also fell 0.2% to around USD 1.0821, while Euro Stoxx 50 Index futures...
Venus Remedies Secured Marketing Authorisation for 2 Drugs in Europe, Shares Jump almost 5%
Shares of Venus Remedies reached near their 52-week high price after the fixed-dosage injectable manufacturer announced receiving marketing authorisation for two new drugs in Malta,...
Gland Pharma Q3 PAT Skides 15% YoY
On a consolidated basis, the net profit of the pharmaceutical company dropped 15% to Rs 231.95 crore on an 11.8% decline in net sales to...
Ingersoll-Rand Gains After Approval of BOD Rs 170 Crore Capex Proposal
Shares of Ingersoll Rand (India) rose 3.31% to Rs 1,874.10 after the board of directors of Ingersoll Rand (India) approved the establishment of a new...
