Business

Berlin, Intel strike controversial chip plant subsidy deal

Berlin agreed Monday to grant US chip giant Intel subsidies totalling almost a third of the cost of a 30-billion-euro ($32.7-billion) German plant in a controversial decision following a months-long row.

Energy & Green Tech

France's new-generation nuclear plant delayed again

Electricity giant EDF on Wednesday announced a further delay and cost overruns for France's flagship new-generation nuclear plant, in a blow to President Emmanuel Macron's strategy of making atomic power a cornerstone of ...

Business

Intel unveils $88B chipmaking expansion plan for Europe

U.S. chipmaker Intel unveiled plans on Tuesday to invest up to 80 billion euros ($88 billion) across Europe as part of an ambitious expansion aimed at evening out imbalances in the global semiconductor industry that have ...

Business

KLM gets 3.4 bn euro Dutch bailout

The Dutch government on Friday approved a 3.4-billion-euro ($3.8-billion) bailout to prop up KLM through the coronavirus pandemic.

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