By Toby Sterling and Stephanie van den Berg AMSTERDAM (Reuters) -The town of Zeewolde, 50km east of Amsterdam, on Thursday approved plans by Meta to build the largest data centre in the Netherlands from which Facebook, Instagram and Whatsapp can serve users all over Europe. The facility, which will use 1.38GWh of electricity and cover …
Dutch town approves licence for Meta data centre, biggest in Netherlands Read More »
AMSTERDAM (Reuters) – The town of Zeewolde, 50 kilometres (31 miles) east of Amsterdam, on Thursday voted to grant a permit to Meta to build the largest data centre in the Netherlands. Facebook, Instagram and WhatsApp will be able to serve users all over Europe from the centre. (Reporting by Stephanie van den Berg, Editing …
Dutch town of Zeewolde agrees to permit for major Facebook data centre Read More »
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk said on Thursday that the electric carmaker’s new vehicle factory in Austin, Texas would involve an investment of more than $10 billion over time. Public filings last month showed that the company was planning to spend more than $1 billion on the factory and intended to …
Musk says Tesla’s Texas factory is $10 billion investment over time Read More »
By Isla Binnie and Emma-Victoria Farr MADRID (Reuters) – Wind turbine maker Siemens Gamesa is expecting initial bids on Friday for the wind farm development unit it is looking to sell as it focuses on returning its core business to profitability, sources familiar with the matter told Reuters. A deal could be worth 300 million …
Siemens Gamesa looks to raise cash from wind farm business Read More »
By David Milliken LONDON (Reuters) -British finance minister Rishi Sunak cut short an official trip to the United States on Thursday to consider help for COVID-hit hospitality businesses but said firms were already receiving support through tax reliefs. Britain has reported record numbers of new COVID-19 infections for two days running, and on Wednesday England’s …
UK’s Sunak cuts short U.S. trip to discuss new COVID-19 aid Read More »
(Reuters) -Food and grocery delivery platform Gopuff has raised $1.5 billion in a financing round led by Guggenheim Partners, a source familiar with the matter told Reuters on Thursday. The Philadelphia-based company, which operates in more than 1,000 cities across the United States and England, was valued at around $15 billion after a funding round …
Delivery app Gopuff raises $1.5 billion – source Read More »
PARIS (Reuters) – The Paris city council has voted to tighten the rules on transforming commercial space into tourist rentals in a bid to curb the influence of home sharing sites in the French capital. It comes as officials in key tourist cities around the world have blamed home sharing sites such as Airbnb for …
Paris city council tightens rules on tourist rentals Read More »
PARIS (Reuters) – Agricultural machinery maker Claas said on Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge in profits linked to booming farm demand. An upturn in orders from farmers, who are benefiting from high crop prices after several lean years, …
Farm machine maker Claas sees more chip snags in 2022 Read More »
(Corrects spelling of Fincken throughout) LONDON (Reuters) – HSBC has hired former Nomura banker Chris Fincken as a managing director in its UK investment banking coverage team, according to an internal memo seen by Reuters on Thursday. Fincken is the latest in a series of hires for HSBC’s British investment banking unit as it looks …
HSBC hires Chris Fincken for UK investment bank team Read More »
LONDON (Reuters) – Benchmark British and European wholesale gas prices closed at record highs on Thursday after data indicated Russian gas exports to Germany through the major Yamal pipeline were not expected on Friday. Europe relies on Russia for around 35% of its natural gas. The bulk comes through pipelines including Yamal which goes through …
British, EU gas prices soar as less Russian gas expected on Friday Read More »
