German chip maker Infineon to cut 1,400 jobs
German chip maker Infineon said Monday it will slash 1,400 jobs and relocate 1,400 more due to a tough market environment, as it announced falling profits and downgraded its outlook.
Aug 5, 2024
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German chip maker Infineon said Monday it will slash 1,400 jobs and relocate 1,400 more due to a tough market environment, as it announced falling profits and downgraded its outlook.
Aug 5, 2024
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Amazon said Wednesday it will invest an additional 10 billion euros ($10.7 billion) in Germany, most of it in cloud computing, the US tech giant's latest major investment in Europe.
Jun 19, 2024
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Microsoft on Sunday announced four billion euros in investment for developing data centers in France, joining fellow US giant Amazon in committing to the country's tech infrastructure.
May 12, 2024
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Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.
Apr 23, 2024
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French artificial intelligence start-up Mistral AI announced Sunday it had raised 385 million euros ($414 million), becoming one of Europe's two AI leaders.
Dec 11, 2023
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French automaker Renault on Wednesday held an investors day for its new electric vehicle subsidiary Ampere, hoping to win over investment with slashed costs and an electric car costing less than 20,000 euros ($21,600).
Nov 15, 2023
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Shares in ASML plunged Wednesday after the Dutch tech giant posted a decline in third-quarter sales and orders, as the semiconductor industry battles headwinds from a trade spat between the West and China.
Oct 18, 2023
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EU member countries on Monday adopted a watered-down deal on curbing car emissions, after auto manufacturers complained stricter measures could undermine electric vehicle investments.
Sep 25, 2023
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Spain's competition watchdog said Tuesday it has slapped US tech giants Amazon and Apple with fines totalling 194 million euros ($218 million) for collusion in the sale of products.
Jul 18, 2023
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The EU on Wednesday took its first significant step towards launching a digital version of the euro, a controversial project that has been questioned by politicians and banks.
Jun 28, 2023
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