[ad_1] Jan. 16, 2024 12:01 am ET One of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks…
Tag: European Union Countries
Chip Wars Boost Europe’s Top Tech Company—for Now
[ad_1] The more the U.S. government worries about China’s ambitions in the chip industry, the more equipment for making chips that China seems to buy. When ASML, the Dutch company…
Germany’s Economy Contracted in 2023, as Economic Model Faltered
[ad_1] Updated Jan. 15, 2024 5:20 am ET Germany’s economy contracted in 2023, hit by high inflation that squeezed consumer spending, with the country’s creaking industrial model also suffering from…
Tesla to Halt Production in Germany as Red Sea Conflict Hits Supply Chains
[ad_1] Updated Jan. 12, 2024 7:11 am ET BERLIN—Tesla plans to halt production at its biggest factory in Europe for two weeks as the conflict in the Red Sea continues…
Tesla to Halt Production at German Car Factory as Red Sea Conflict Hits Supply Chains
[ad_1] Tesla plans to halt production at its Berlin factory for two weeks due to the conflict in the Red Sea continuing to disrupt transport ships, raising the specter of…
The Onetime Auditor Brought In to Reinvent Gucci
[ad_1] Updated Jan. 12, 2024 12:00 am ET Listen to article (2 minutes) MILAN—When Gucci’s flagship store here reopened last month, the space was missing the baroque flourishes and jewel-toned…
Amazon Misses EU Deadline for Concessions Over iRobot Deal
[ad_1] Updated Jan. 11, 2024 6:14 am ET Amazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after…
Article on Bill Ackman’s Wife Triggers Tensions Between Business Insider and Owner
[ad_1] Updated Jan. 9, 2024 8:22 pm ET Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even…
Microsoft’s OpenAI Investment Could Face EU Probe
[ad_1] Updated Jan. 9, 2024 8:02 am ET The European Union is considering whether to launch a review of Microsoft’s investment in ChatGPT maker OpenAI under the bloc’s merger regulations,…
Analysis: ECB Is Likely To Cut Rates Before Fed, BNP Paribas AM Says
[ad_1] The European Central Bank is likely to cut interest rates in the spring, before the Federal Reserve does, as the eurozone economy is weaker than that of the U.S.,…