Tags: Europe

G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia

G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia

The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.


Meta Wants to Use European Data for AI Training—Will Privacy Complaints Hinder it?

Meta said it wants to use European data for AI training while facing privacy concerns from European countries. Can it be allowed to do so?

Alibaba Launches ‘Alibaba Guaranteed’ to Target European, US Small Businesses

The Chinese e-commerce company Alibaba has been fast-tracking its global expansion by launching its ‘Alibaba Guaranteed’ service that would be aiming to target small businesses in the United States and Europe.

EU Pays Germany $ 1.9 Billion for LEAG’s Coal Exit

Germany said that the European Commission has agreed to compensate power company LEAG with up to$1.90 billion for deciding to move away from coal by 2038.


Latest News

US, Europe Move Closer to Vaccinating Poultry and Dairy Workers Against Bird Flu
The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.
French Finance Minister, Other G7 Finance Chiefs Warn of Oversaturation of Chinese Goods in Global Market
French Finance Minister Bruno Le Maire told Bloomberg that the G7 has an issue with China’s economic model, where the country produces more and more cheaper industrial devices, which he claimed could pose a threat to the global market.
Tesla Offers Unofficial Discounts to European Leasing Companies Amid Price Cut Fallout
Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service.
CHINA-POLITICS-TWO SESSIONS
Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their presence in China.
Slovak Media Fears Government Crackdown After PM Assassination Attempt
Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
Some Motorola, Lenovo Phones Now Banned in Germany — Here’s Why
A German district court recently ordered Lenovo to remove all of its Lenovo and Motorola devices from the German market after it favored InterDigital, the patent holder of its WWAN modules.
Norway’s Oil Explorer Undergoes Final Checks Before Sailing to Barents Sea Oil Field
The Norwegian oil production tanker Johan Castberg is undergoing final checks before she sets sail for a Barents Sea oil field of the same name by Q4 2024.
Fake Shops Propped by Chinese Scammers Stole Money, Personal Data from Over 850,000 People: Data Analysts
Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.
Berkshire Hathaway's Brooks Running CEO Deems China, Europe as Growth Areas
Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe.
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