Europe

Due to the “weird” organisational structure, the CEO of OpenAI has no plans to go public.

On: June 6, 2023

Sweden (Reuters) – The CEO of Microsoft-backed OpenAI, the organisation behind ChatGPT, Sam Altman, said at a conference in Abu Dhabi that there are no immediate plans for the business to go public. When we achieve superintelligence, we may make choices that most investors would find incomprehensible, according to Altman.Continue Reading

Nestle transports baby formula from Europe to the United States

On: May 17, 2022

Nestle SA said on Tuesday that it is transporting baby formula supplies from the Netherlands and Switzerland to the United States to help alleviate a shortage in American stores. Nestle said in an emailed statement to Reuters that it is shifting Gerber baby food formula from the Netherlands and AlfaminoContinue Reading

At the open, European stocks are up

On: May 10, 2022

Following significant losses the previous day, European stock markets rallied at the outset Tuesday. The FTSE 100 index in London increased 0.6 percent to 7,259.40 points. The DAX index in Frankfurt rose 1.3 percent to 13,548.45 points, while the CAC 40 in Paris gained 1.0 percent to 6,144.44 points.Continue Reading

Poland will no longer buy Russian oil, and Germany has issued a gas warning.

On: March 31, 2022

WARSAW, Poland (AP) — Poland launched measures Wednesday to phase out all Russian oil imports by the end of 2022, as Germany issued a warning about natural gas supplies and urged users to save energy in a hint of rising economic tensions in Europe over Russia’s conflict in Ukraine. Poland’sContinue Reading

Thousands of tickets for the Euro 2020 final are being sold illegally in the ‘black market.’

On: July 9, 2021

According to British media, tens of thousands of tickets for England’s Euro 2020 football final are being sold on the black market at record prices.As the Euro 202 final approaches, English and Italian supporters are racing to black markets for tickets after England won the semi-final match against Denmark onContinue Reading

A French court will look into the sale of Rafale fighter aircraft to India.

On: July 4, 2021

PARIS: (APF) The national financial prosecutors’ office (PNF) said Friday that a French court has been entrusted with examining a disputed multibillion-dollar sale of Rafale fighter aircraft to India in 2016. The contract between the Indian government and French aircraft maker Dassault for 36 jets, worth 7.8 billion euros ($9.3Continue Reading