Business
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.
Jun 19, 2023
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Automotive
Volkswagen profits fell 30% in the first three months of the year despite booming business in Europe and North America because sales dropped in China, where the German automaker is facing increasing competition from homegrown ...
May 4, 2023
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Business
The European Union is on a mission to get US tech giants to stop avoiding tax, stifling competition, profiting from news content without paying and serving as platforms for disinformation and hate.
Dec 20, 2022
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Automotive
Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history.
Sep 28, 2022
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Energy & Green Tech
Heating with oil and gas in Germany is becoming more expensive, and this was the case even before the Russian war in Ukraine. In the future, heating and cooling systems in buildings should no longer emit CO2, which is why ...
Aug 2, 2022
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Business
The world's most popular streaming service Spotify on Wednesday recorded wider losses on rising costs even though subscriber numbers beat expectations in the second quarter.
Jul 27, 2022
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Business
Amazon is raising its Prime fees in Europe, the company told customers on Tuesday, days ahead of its second-quarter earnings report.
Jul 26, 2022
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Business
A Paris court on Tuesday fined the British meal delivery group Deliveroo after ruling it was guilty of "undeclared labour" for using freelance riders who should have been classified as employees, depriving the state of millions ...
Apr 19, 2022
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45
Business
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 ...
Mar 15, 2022
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73
Automotive
German auto manufacturer BMW shook off the supply chain issues that plagued the industry in 2021 to post a record high net profit figure, the group said Thursday.
Mar 10, 2022
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