euronews
19 articles in the Truth Foundry index. Each links out to the original.
- British American Tobacco Cuts 5,500 Jobs Globally to Save €695M Amid Industry Shifts · British American Tobacco announces 5,500 global job cuts and outsourcing of 3,500 roles to achieve €695M annual savings by 2028
- Ray-Ban Heir Seeks to Acquire Family Shares in Luxury Group · Leonardo Maria Del Vecchio seeks to acquire his siblings' shares in Delfin, aiming to strengthen his control over EssilorLuxottica's empire
- European Leaders Urged to Deregulate to Compete with US and Asia · FII Institute summit in Rome warns Europe must simplify regulations to attract global capital.
- Trump Envoy Promises Kazakhstan 'White House Friend' Over Critical Minerals Deal · US envoy Sergio Gor tells Kazakhstan president he has a White House friend to boost critical mineral cooperation.
- OpenAI Opens New Madrid Office to Accelerate ChatGPT Expansion in Spain · OpenAI establishes a new headquarters in Madrid to strengthen its European AI ecosystem and partnerships.
- Kazakhstan Targets 45 Billion Euro Non-Resource Exports by 2030 Amid Geopolitical Shifts · Kazakhstan aims to diversify exports to 45 billion euros by 2030, attracting global insurers to Central Asia.
- Spanish Startup Ecosystem Faces Funding and Exit Culture Challenges · CDTI CFO Pilar Carrato highlights Spain's lack of exits and strategic funding gaps as key hurdles for startups.
- Belgian Prosecutors Advance Anti-Money Laundering Investigation into Wise · Belgian authorities are concluding an advanced investigation into Wise over suspected money laundering activities.
- Meta Launches Global Subscription Push to Offset AI Costs · Meta introduces Facebook Plus, Instagram Plus, and WhatsApp Plus subscriptions to diversify revenue amid rising AI expenses.
- Galeries Lafayette Closes Flagship Beijing Store After 13 Years Due to Slumping Sales · French luxury retailer Galeries Lafayette shuts its Beijing flagship amid declining luxury consumption in China.
- EU Businesses Hesitate on AI Adoption Due to Skills Shortage and Compliance Concerns · Eurostat survey reveals lack of technical skills and data privacy fears are primary barriers to AI adoption across European companies.
- German Business Confidence Rises Despite Iran War and Energy Shocks · German business sentiment improved in May, though overall confidence remains historically low amid geopolitical tensions.
- Spain Accelerates Reindustrialization: 76% of Companies Have Active Strategies · Spain leads Europe with 76% of companies implementing reindustrialization strategies driven by geopolitical pressures.
- EU Business Investment Rate at 11-Year Low Amid Weak Demand and Regulatory Challenges · EU business investment rate hits 11-year low, driven by weak demand and regulatory challenges.
- Lufthansa Acquires 90% Stake in ITA Airways for 325 Million Euros · Lufthansa plans to acquire a 90% stake in ITA Airways for 325 million euros, pending regulatory approvals.
- AI-Powered Robots Redefine E-Commerce Logistics · AI-driven robots in Berlin's e-commerce warehouse enhance efficiency and adaptability in logistics
- Kone Acquires German Rival TKE in 29.4 Billion Euro Deal · Kone, a Finnish elevator manufacturer, acquires German rival TKE in a 29.4 billion euro deal.
- Russian Regions Mandate Hiring of Ukraine War Veterans · Russian regions require businesses to hire veterans of the Ukraine war, with quotas ranging from 1% to 4%
- Ukraine War: The Role of 'Made in Germany' in Russian Drones · German components, including transistors and fuel pumps, are found in Russian drones and military equipment, raising concerns over their use in the Ukraine war.