Author: Euronews

The Hong Kong-listed group says seven of its businesses in Germany cannot pay their bills and it is “unviable financially to continue the business as it is currently structured in Germany”. Source link

Chevron becomes the latest energy company to pull out of North Sea operations because of the continuing controversy over the “windfall” tax on energy giants. Source link

The outlets include Voice of Europe, which was foiled as a Russian influence operation by Czech secret services in March. Source link

Approval to expand its first European plant was given after Tesla revised its original proposals following anger at the proposed felling of more than 100 hectares of trees. ADVERTISEMENTLocal councillors at the Grünheide municipality just outside Berlin gave Tesla the green light on Thursday evening to expand its local plant. According to German news agency dpa, the vote was split 11-6, with two abstentions.Expansion of the factory, which opened in 2022, is part of a strategy to double the site’s capacity to 100 gigawatt hours of battery production and one million cars per year. Tesla is aiming to add more logistical…

Macron’s labour reforms have drawn criticism from all quarters, with claims that they are punitive to workers, while rewarding or cushioning companies. Source link

Slovakia’s interior minister refrained from specifying the motivation behind the attack on Prime Minister Robert Fico but pointed fingers at media outlets and the opposition, urging them to reflect on how they present information. Source link

ChatGPT will be trained using Reddit content as competition for premium datasets heats up among AI firms. ADVERTISEMENTReddit shares climbed as much as 15% in after-hours trading after the discussion platform confirmed it had struck a deal with start-up OpenAI.The agreement will allow ChatGPT, OpenAI’s chatbot, to access content on Reddit’s website that can be used to create text from human prompts.As part of the deal, Reddit will also be able to add more AI-powered features to its website.”If you’re going to become best pals with someone in the artificial intelligence space, putting your arm around the daddy of them…

A farmers’ protest movement has entered a European government for the first time in the Netherlands. What will be its impact on EU policies? ADVERTISEMENTThe Netherlands’ Farmer-Citizen Movement – BoerBurgerBeweging (BBB) – has become the first activist farmers’ political group to break into government after striking an agreement with three other parties to form a right-wing government on Thursday (16 May).In a statement, party leader Caroline Van der Plas said that the party had “played a major role” in brokering the deal “with our attitude”.Born after the 2019 farmers’ protest against the then government’s plans to radically curb agriculture emissions, the…

European stock markets declined on Thursday, reversing the surge seen earlier in the week. The overall weekly performance may end up flat as investors reassess the outlook for central banks’ interest rate policies. Source link

Serbia applied for EU membership in 2009 and was accepted as a candidate country in 2012, but little progress has been made since then, with the Belgrade government accused of democratic backsliding. ADVERTISEMENTSerbian President Aleksandar Vučić has welcomed the EU’s enlargement commissioner on his visit to Belgrade on Monday for talks about the country’s future membership.European Commissioner Oliver Varhelyi said he hoped the next commission would see Serbia joining the bloc while pointing out that Serbia needs to continue with democratic reforms and align its foreign policy more closely with that of the EU.”It is clear that we need the democratic reforms…