Home Posts tagged European news (Page 112)
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Huawei is reassessing the future of its newly completed manufacturing plant in eastern France as slow 5G deployment and growing restrictions on Chinese telecom equipment reshape its European plans. The €200 million facility near Strasbourg, finished in September, remains unused, with officials and executives suggesting the company is undecided about proceeding. The plant
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Billionaire Andrej Babis has been appointed as the Czech Republic’s new prime minister, following a public pledge to relinquish control over his vast Agrofert conglomerate, which spans food processing, agriculture, and chemicals. Babis, 71, promised to serve all citizens and make the Czech Republic the “best place to live,” as he prepares to form a […]
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Wingtech Technology, the Chinese parent company of Dutch chipmaker Nexperia, has invited the court-appointed custodians of Nexperia to discuss control of the company—seen as a potential first step toward easing months of internal tensions. The rift between Nexperia’s European management and its Chinese parent deepened after the Dutch government intervened in September,
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Elon Musk’s social media platform X has banned the European Commission from running adverts on the site, days after being fined €120 million (£105m) by the EU under the Digital Services Act. The fine accused X of misleading users through its blue tick verification system, which the regulator said was not actually verifying identities and […]