Lucid Group (LCID) announced a major restructuring, cutting approximately 18% of its U.S. workforce and eliminating the second production shift…
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France Orders 5,000 AI Drones That Fly Without GPS for Under €1,000 Each
France's defense procurement agency, the DGA, signed its largest-ever single drone-type contract on June 23, ordering 5,000 Sonora micro-quadcopters from…
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AMTD Group Acquires Four Hotels Across Three Global Cities for $207 Million and Warns of Major Revenue Surge
AMTD Group has issued a positive revenue alert for the first half of 2026, driven by its hospitality expansion. The…
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EU Regulators Move to Chain Amazon and Microsoft’s Cloud Dominance Under Landmark Digital Markets Act
The European Commission announced preliminary findings Thursday declaring Amazon Web Services and Microsoft Azure should be designated "gatekeepers" under the…
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Europe’s Aging Population Is Outpacing Its Ability to Survive the Next Heat Wave
Europe's aging population and overstretched healthcare systems leave the continent dangerously unprepared for increasingly severe heat waves. Senior citizens, who…
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European AI Startups Have Raised €20 Billion Since 2024 But Tencent Says the Honeymoon Is Over
European AI startups have raised €20bn collectively since 2024, including €8bn in 2026 alone, according to Sifted. In an interview…
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European Tech Surges With €585 Million Across 60 Deals as Analytics, Quantum and Travel Sectors Race for Dominance
European tech recorded more than 60 funding deals totalling over €585 million last week, alongside three exits and M&A transactions.…
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N26 Turns Its First Ever Profit After Years of Losses, But the Road There Almost Broke the Company
German challenger bank N26 has achieved its first full-year profit, recording net income of €1.6 million in 2025, reversing a…
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LANXESS Climbs to Top 4% of Global Specialty Chemicals Firms as ESG Ratings Surge Across Every Major Index
Specialty chemicals company LANXESS has secured first place in Europe and fifth globally in the Chemicals category of the Dow…
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WhatsApp Names Its First Indian CEO and Backs His Startup With a $900 Million Bet
On June 22, 2026, Meta CEO Mark Zuckerberg announced that CRED founder Kunal Shah, 42, would succeed Will Cathcart as…
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