Intel will invest more than 30 billion euros ($33 billion) in Germany as part of its expansion push in Europe, the U.S. company said on Monday, marking the biggest investment by a foreign company in Europe’s top economy.
A court in Montenegro has sentenced cryptocurrency entrepreneur Do Kwon, who is charged in the U.S. with a multibillion-dollar fraud, and his ally to four months in prison for using forged passports, local newspaper Vijesti reported on Monday.
The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday.
A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the Paris Airshow it is on track to ferry customers around the sporting showcase and take off globally.
UK startup Helixx said on Monday it will use Siemens’ open digital platform to help design a highly-automated ‘factory in a box’ that can be built anywhere to assemble smaller, low-cost electric vehicles (EVs), initially for large Asian cities.
The European Commission will unveil on Tuesday possible measures, such as screening of outbound investments and export controls, to keep prized EU technology from countries such as China and prevent it being put to military use by rivals.
Swedish electric vehicle (EV) maker Polestar said on Monday it had formed a joint venture with Xingji Meizu to build an operating system for Polestar cars sold in China that will offer the latest smart technologies in its vehicles.
Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to integrate Eve’s upcoming flying car into Blade’s European route network, starting with France, the companies said on Monday.
Indonesia and Elon Musk’s rocket company SpaceX on Monday launched the country’s largest telecommunication satellite from the United States, in a $540 million project intended to link up remote corners of the archipelago to the internet.
Australian miner Fortescue Metals is expanding its battery and electric powertrain production operations in the UK with a new plant in Oxfordshire, its green power arm Fortescue Future Industries (FFI) said on Monday.
