Business

France fines Google, Amazon 135 mn euros

France's CNIL data privacy watchdog slapped 135 million euros in fines on US tech titans Google and Amazon for placing advertising cookies on users' computers without consent.

Machine learning & AI

Spain to invest 600 mn euros in artificial intelligence

Spain is to invest 600 million euros (725 million dollars) in developing artificial intelligence over the next two years as part of plans to transform its national economy, the premier said Wednesday.

Business

Nokia doubles profit, pledges 'to win' at 5G

Finnish telecoms equipment maker Nokia more than doubled its profits in the third quarter as its new chief executive promised on Thursday to do "whatever it takes" to become the 5G market leader.

Automotive

Fiat Chrysler returns to profit

Italian-American auto giant Fiat Chrysler said Wednesday it returned to profit in the third quarter, doing better than expected as the market recovered from a massive downturn sparked by the coronavirus pandemic.

Business

Lufthansa says 30,000 jobs at risk over pandemic

Germany's Lufthansa has warned that 30,000 jobs are under threat as it scaled down its winter schedule to levels not seen since the 1970s as demand for travel collapses because of the coronavirus pandemic.

Business

Lufthansa loses 1.26 billion euros in third quarter

German airline Lufthansa on Tuesday reported a loss of 1.26 billion euros ($1.49 billion) in the third quarter of 2020 as it struggles to bounce back from crippling coronavirus lockdowns.

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