Google plans to increase its capital expenditures to $205 billion by 2026 to expand its computing capacity amid growing demand for cloud and AI services. Despite these large-scale investments, demand continues to outpace supply.
The European Commission has launched an in-depth investigation into the planned merger between Saipem and Subsea7 due to concerns about reduced competition in the subsea infrastructure and engineering services market. A final decision is expected by November 26.
The European Commission has launched an in-depth investigation into the planned merger of Saipem and Subsea7 due to concerns about reduced competition in the offshore engineering services market. A final decision is expected by November 26.
The United States plans to raise tariffs on car imports from the EU to 25%, accusing the European Union of violating a trade agreement. The European Commission rejects these accusations and is prepared to defend the interests of the EU.
Hungary's new Prime Minister, Péter Magyar, is in talks to secure around €10 billion from the EU recovery funds. The agreement is expected to be signed soon.
The European Commission has reported a cyberattack on the cloud infrastructure hosting the Europa platform, which resulted in data being stolen from several websites. The Commission's internal systems were not affected, and the investigation is ongoing.