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in EuropeEU scrambles to arrange for a Trump return
The conferences, first reported by POLITICO’s Brussels Playbook, come because the concern of former U.S. President Trump returning to the White House permeates the very best echelons of energy in Europe’s capital. Small teams of the 27 EU nations’ ambassadors met Thursday and Friday with Brussels’ prime officers, together with European Commission President Ursula von […] More
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in EuropeIMF’s end-of-inflation party sobered by debt, conflict … and a US election
But in her subsequent breath she warned that now isn’t the time for victory laps. Ever-rising debt ranges and the splintering of worldwide commerce beneath the strain of geopolitical rivalries have forged an extended shadow over the conferences, which start in earnest Tuesday. The uncertainty is barely fueled by the wars raging in each Eastern […] More
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in EuropeEU betting on India and Vietnam for chips
Meanwhile, Vietnam has been allotted seed funding value $2 million by the U.S. for semiconductor growth initiatives, and there’s been growing cooperation between Vietnamese and American firms on chip manufacturing. Not to be left behind, Infineon has additionally determined to broaden hiring by tons of in its Vietnam workplace as nicely. All this sounds optimistic […] More
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in Asia PacificNew high-profile chip vegetation driving up close by land costs throughout Japan
Prices of land plots have continued rising in Japan in areas the place semiconductor vegetation are being constructed with help from the federal government, a land ministry report has proven. In the city of Ozu in Kumamoto Prefecture — east of the city of Kikuyo, the place Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest […] More
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in EuropeThese are probably the most lethal pathogens — so why aren’t drug corporations concentrating on them?
The firm spent 15 years growing a brand new antibiotic, plazomicin, to deal with infections brought on by a spread of antimicrobial-resistant pathogens. The new drug was accredited within the U.S. in 2018; in April 2019, Achaogen declared chapter after reporting solely $800,000 in gross sales within the earlier yr. Such cautionary tales are removed […] More
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in Asia PacificChina opens manufacturing, well being care sectors to overseas cash
China will absolutely open its manufacturing sector to overseas investments and can also be permitting extra room for overseas capital in its well being sector, including to efforts to revive the world’s second-largest financial system. Beijing will take away the final remaining limits on abroad investments within the manufacturing sector ranging from Nov. 1 and […] More
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in Asia PacificJapan to supply new subsidies for home EV battery output
Japan will hand out extra subsidies for electric-vehicle (EV) battery manufacturing, pledging as a lot as $2.4 billion in help for associated tasks by Toyota and different main firms, because it seeks to strengthen its battery provide chain. The authorities will help 12 tasks for storage batteries or these for his or her elements, supplies […] More
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in EuropeNew mandate, new alternative: A competitiveness technique for European life sciences
Avoiding incompatible and contradictory coverage initiatives in addition to creating an setting that can result in a more healthy, extra resilient Europe must be central to any EU life sciences technique. The begin of a brand new mandate is an effective second for reflection. Last month, EFPIA printed a Competitiveness Strategy for European Life Sciences, […] More
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in EuropeBelgian chapter dents Europe’s microchip desires
The center-right member of the Flemish Parliament informed POLITICO that BelGaN was being screened to find out whether or not it was eligible for help. One media report mentioned it seemed into whether or not the possession had ties with the Chinese authorities. The European Commission considers microchips a vital expertise. | Annabelle Chih/Getty Images […] More