Search results for "Europe"

Wake-up Call for Europe: Ukraine's Kakhovka Hydroelectric Power Plant disaster 

On Tuesday, June 6, the Kakhovka Hydroelectric Power Plant, situated in Nova Kakhovka in Southern Ukraine, was struck by a calamitous event, now recognized as the largest technological disaster in Europe in decades. The severity of the incident cannot be understated, as the plant’s dam, turbines, and generators were completely devastated, leading to significant repercussions […]

European Stocks Touch New Highs, All Eyes on Inflation, Fed Minutes

European stock indexes hit new highs on Wednesday as markets anticipated crucial U.S. inflation data which could give signals on how soon the Federal Reserve will end its aggressive rate hikes. After Friday’s jobs report showed a resilient U.S. labour market, emboldening bets of a 25 basis point hike at the Fed’s next meeting in […]

The European Tech Startups: Between a Rock and a Hard Place

The European tech startups have found themselves at a standstill amid the worst banking crisis since 2008. The banking sector is in its worst shape since the 2008 financial crisis. It is causing irreparable damage to every sector. And even though the main failure is on a different continent, the European tech startups are caught […]

Meta Explores Ban on Political Ads in Europe - FT

Meta Platforms Inc executives are discussing a company-wide ban on political advertising in Europe due to concerns that Facebook and Instagram will be unable to comply with upcoming EU regulations targeting online campaigns, the Financial Times reported on Thursday. EU lawmakers in February agreed to tougher rules on targeted political advertising aimed at countering misinformation […]

Renault in Talks with Nissan on EV Charging in Europe - Renault Executive

French car maker Renault is in talks with Nissan about synergies in electric vehicle charging in 11 European countries, Renault’s charging unit CEO told Reuters on Thursday. Talks have already moved forward in France on charging boxes that customers can have installed at home for their Nissan EV, which will be supplied by the Mobilize […]

Network Fee Not the Fix for European Telecoms Financial Problems, Meta Says

Meta Platforms on Thursday voiced its strongest criticism to date of a push by EU telecoms operators to get Big Tech to foot additional network costs, saying this would not solve their financial problems and also ignores tech companies’ hefty investments. Deutsche Telekom, Orange, Telefonica, Telecom Italia and other operators have lobbied for two decades […]