By Maria Martinez BERLIN (Reuters) – Most Germans are worried about the economy and high prices as Europe’s biggest economy, once the region’s economic engine, now contracts, a survey showed on Monday ahead of a February 23 election. The online survey by German reinsurer R&V of 1,000 Germans from January 23-25 showed that 70% worry …
Germans worried about economic malaise ahead of election, survey Read More »
COPENHAGEN (Reuters) – Finnish telecoms company Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role. Hotard, who will take up the position on April 1, is currently the executive vice president and general manager of Data Center & AI Group at …
Nokia picks Intel’s AI and data centre leader Hotard as new CEO Read More »
(Reuters) -French engineering group GTT’s Chief Executive Jean-Baptiste Choimet resigned on Monday, sending its shares down more than 5%, as the company prepares a strategic review of its loss-making Elogen business. Elogen, which specialises in designing electrolysers for producing green hydrogen, failed to secure any significant orders last year and registered a core loss of …
French engineer GTT’s chief executive resigns, sending shares down 5% Read More »
NICOSIA (Reuters) – Turkish Cypriot businessman Asil Nadir, once a fugitive from justice for stealing millions from his British Polly Peck conglomerate, has died, a social media post by his wife said. He was 83. Nadir was being treated at a hospital in the breakaway Turkish Cypriot enclave in northern Cyprus and died overnight, Turkish …
Asil Nadir, Polly Peck business tycoon turned fugitive, dies aged 83 Read More »
PARIS (Reuters) – The European Union will respond to U.S. President Donald Trump’s latest tariffs announcement, French Foreign Minister Jean-Noel Barrot said on Monday. Barrot told TF1 television that France and its European partners should not hesitate to defend their interests in the face of the U.S. tariff threats. Trump said on Sunday that he …
EU will respond to Trump’s latest tariff announcement, French foreign minister says Read More »
PARIS (Reuters) – The European Union has gone too far with artificial intelligence regulations, making it harder for global companies to deploy the technology in the region, said Aiman Ezzat, chief executive of French IT consulting group Capgemini, in an interview. Ezzat’s comments, ahead of the AI Action summit in Paris on Monday, come amid …
Capgemini CEO says EU went ‘too far’ with AI rules Read More »
A look at the day ahead in European and global markets from Wayne Cole. The week started with a now all-too common bang as President Trump used a media scrum on Air Force One to announce 25% tariffs on steel and aluminium imports into the U.S., with a promise of yet more reciprocal tariffs on …
LONDON (Reuters) – Britain’s jobs market showed further signs of cooling at the start of the year as demand for staff fell by the most since mid-2020, according to a survey that suggested the government’s payroll tax hike and economic uncertainty is weighing on hiring. The monthly Recruitment and Employment Confederation and KPMG survey published …
UK vacancies weakest since 2020 and pay growth cools, survey shows Read More »
By Andrius Sytas and Janis Laizans VILNIUS (Reuters) -The Baltic states of Estonia, Latvia and Lithuania completed a switch from Russia’s electricity grid to the EU’s system on Sunday, severing Soviet-era ties amid heightened security after the suspected sabotage of several subsea cables and pipelines. European Commission President Ursula von der Leyen hailed the move, …
Baltic states switch to European power grid, ending Russia ties Read More »
PARIS (Reuters) – Global investment firm Brookfield will invest 20 billion euros ($20.65 billion) to develop artificial intelligence related projects in France, French newspaper Tribune reported on Sunday. It added Brookfield will earmark 15 billion euros for data centres to be built across France and dedicate another 5 billion to infrastructure for data transfer, storage …
Brookfield to invest 20 billion euros in AI projects in France, Tribune reports Read More »
