“It’s first and foremost a commercial question,” said Peter Sarlin, the CEO of Silo AI, Europe’s largest private AI lab, which was acquired by AMD last year and is participating in OpenEuroLLM. “Are there models that are performant in that specific low-resource language, be it Alban...
The bank anticipates lower demand from Japan and the EU this year. Growth in the Euro area will be snail-paced, especially as some of its biggest members struggle to jumpstart their economies. Tourists from China might help nudge some of the spending up this year—but it’...
Trump, the Republican candidate, plans to impose an additional 10%-20% in cross-border tariffs, making trade expensive and possibly weakening the euro. “Tariffs will seriously dampen the EU’s economic growth,” Zach Meyers, assistant director of the Centre for European Reform, toldFortune. ...
February 7, 2025 Tech Stellantis teams up with China’s CATL to build a $4.3 billion EV factory in Spain—Europe’s second-biggest vehicle producer BY AFP December 10, 2024 Politics Billion-euro blow for Hungary’s Orban as frozen EU funds are lost BY AFP January 2,...
“The tide is turning and local councils/governments are taking back control, some going by the book, others through more informal/guerrilla tactics,” Caroline Bremner, senior head of travel research at data analytics firm Euromonitor International, told Fortune. Although 2024 marks an inflection ...
Coca-Cola is going reverse Yankee by selling €1 billion of Euro debt to cover a potential tax charge BYPrarthana Prakash August 9, 2024 Finance Investment banker bonuses set to soar in 2024 BYKatherine DohertyandBloomberg August 8, 2024 ...
Other things to watch include euro-area consumer confidence on Friday, and outside the currency zone, Swiss government forecasts on Thursday. Turning south, data on Sunday showed Israel’s inflation accelerated more than expected last month, to 3.6% year on year, as the war in Gaza strains ...
“What’s next…the arrest of Elon Musk?” This year has been one of the biggest tests for democracy in recent memory, with elections held in countries comprising more than half the world’s population. Election integrity has therefore been a major concern across the political spe...
Both countries continue to battle inflation, which Michl said his central bank could do better without joining the euro, in contrast to President Petr Pavel’s calls to abandon the Czech koruna in favor of the eurozone’s collective currency. “Our president is a military strategi...
Among those also voicing support for Durov is fellow tech tycoon and chief executive of X, Elon Musk, who has posted comments under the hashtag #FreePavel. After the charges, Musk posted a meme on X of a surveillance camera attached to buildings inscribe...