[ad_1] Petrol subsidy, forex restrictions removed Disputed election deeply polarised Nigeria Some Nigerians link Tinubu to Buhari legacy Corruption, patronage networks entrenched LAGOS, June 27 (Reuters) – New Nigerian President…
Tag: SDS
As Nigeria scraps fuel subsidy, a vibrant black market collapses
[ad_1] [1/5]Yaouba Ahmadou, in white dress, a semi-wholesaler of Nigeria’s contraband fuel speaks with his workers in Garoua, Cameroon June 21, 2023. REUTERS/Desire Danga Essigue Smuggled Nigerian fuel widely traded…
Intel spends $33 billion in Germany in landmark expansion
[ad_1] Move marks biggest foreign investment in Germany in history Intel to get 10 bln euros in subsidies from Germany – source Move highlights Berlin’s efforts to attract foreign investment…
Germany’s Scholz to meet Intel CEO amid intensive talks on chip plant
[ad_1] BERLIN, June 16 (Reuters) – Chancellor Olaf Scholz will meet with Intel (INTC.O) CEO Pat Gelsinger on Monday, a potentially significant moment in talks to set up a new…
Germany refusing Intel’s additional demand for subsidies for chip plant – FT
[ad_1] June 11 (Reuters) – Germany’s Finance Minister Christian Lindner is refusing Intel’s (INTC.O) demands for higher subsidies for a 17-billion-euro ($18-billion) chip plant, saying the country could not afford…
German firms to receive 4 bln euros through EU microelectronics push
[ad_1] BERLIN, June 8 (Reuters) – Over 30 microelectronics projects in Germany will receive about 4 billion euros ($4.29 billion) in funding after the European Commission approved a support scheme…
German coalition ministers clash over ‘gamechanger’ power subsidy plan
[ad_1] BERLIN, May 5 (Reuters) – The German finance ministry pushed back on Friday against the economy ministry’s plan to introduce a subsidised industrial power price, with a spokesperson saying…
SDS Group to transfer to Main Market on May 8
[ad_1] KUALA LUMPUR: SDS Group Bhd will be transferred to the Main Market of Bursa Malaysia from the ACE Market under the consumer products & services sector on May 8.…
STMicroelectronics, GlobalFoundries win EU approval for French chip factory
[ad_1] BRUSSELS, April 28 (Reuters) – Chipmakers STMicroelectronics and GlobalFoundries (GFS.O) secured EU approval on Friday to build a chip factory with French state aid in France. The companies announced…
U.S. trade nominee urges ‘robust monitoring’ of aircraft subsidy truce with EU
[ad_1] WASHINGTON, June 24 (Reuters) – The United States must carry out “robust monitoring” of its five-year truce with the European Union in a 17-year battle over aircraft subsidies, Jayme…