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By Nathan Vifflin AMSTERDAM (Reuters) -The European Union should quadruple its spending on chips and allocate a separate budget for it, industry group SEMI said on Tuesday in its official response to EU consultations for its upcoming investment budget. European lawmakers and industry groups are gathering momentum for a "Chips Act 2.0", pushing to quickly fill the gaps in the continent's semiconductor strategy. The 27-country bloc is consulting industry stakeholders, including the Brussels-based European arm of SEMI, as it plans its long-term spending for the period between 2028 and 2034,...

Analysts at investment bank BNP-Paribas, in a note following the news that CEO Eva Berneke is to be replaced, sid that the company’s guidance that reaffirmed the previous expectations for the year’s trading which ends on June 30th is good news. French business newspaper La Tribune saidthat Eutelsat’s “fragile situation has become a top priority for the French government”. The report says closer commercial ties between Eutelsat & Orange are likely, with a merger possible. Eutelsat will report on its Q3 numbers after the market closes on May 15th. Nevertheless,...

Airtel Nigeria, with 58.26 million subscribers, has announced plans to double its capital investments in the country. This is coming after its parent company, Airtel Africa, posted a profit after tax of $328 million for the full year ended March 2025, an improvement from the $89 million posted in the corresponding period of 2024, when foreign exchange and derivative losses, especially in Nigeria, weighed on performance. Airtel Nigeria spent $168 million on capital expenditure in the year ended March 2025, representing a 33.33 percent drop from the $252 million invested...

When investing becomes a roller coaster ride — as it has this year, with steep market reactions to tariffs and recession fears — it's more important than ever to focus on proven, diversified investments that will help you ride the highs and lows. But what's the best way to invest, especially during periods of volatility like right now? That answer is unsatisfying: It depends. There is one piece of advice that remains steady even when the market isn't, and that's to avoid timing the market or trying to buy the best investment...

The Indiana legislative session has concluded with the passage of several key measures that aim to provide tax relief and address priorities for residents as announced by State Rep. Shane Lindauer (R-Jasper), the budget which passed will see the state’s income tax decrease yearly over the next two years with savings projected at over $200 million each year for taxpayers. In addition to income tax reduction, the session brought significant property tax reform to the table, cumulatively slated to save Hoosiers around $1.3 billion in taxes over the ensuing two...

Since returning to the White House, President Donald Trump has touted corporate and foreign U.S. investment announcements as proof he is ushering in "the golden age of America." On Jan. 21, Trump said that before he’d finished the "first full business day" of his second term, the U.S. had "already secured nearly $3 trillion of new investments."  On April 2, he said, "It looks like we’re going to have about $6 trillion of investments." Six days later, Trump told National Republican Congressional Committee Dinner attendees that the investment total was...

DiNapoli, a Democrat, presented the city’s latest economic and fiscal profile to local leaders at the Heritage Area Visitors’ Center by the Kingston waterfront. From the Kingston Center at SUNY Ulster to flood mitigation projects, DiNapoli says the city has smartly planned investments to spur economic growth and address local issues.“The kinds of budget choices and debt choices the city is making are all part of a very thoughtful plan to really build for the future," he says. The State Comptroller’s Office regularly compiles profiles of major cities across the...

New York State is taking major steps to expand affordable housing, protect homebuyers, and support communities in need. A new package of initiatives announced in the FY 2026 state budget will invest over $500 million into building, preserving, and protecting homes across the state.The efforts come as growing industries, like semiconductor manufacturing in Upstate New York, drive demand for thousands of new housing units over the next decade.Major new investments in New York housingThe FY 2026 budget includes several key initiatives to address the housing crisis:$100 million Pro-Housing Supply Fund...

The game industry’s motto for all of last year was “survive til 2025.” And in some respects, that wasn’t just wishful thinking. As the industry trudged through 2024, market researcher DDM saw positive signs. And with one quarter of 2025 in the books, it certainly seems that things are trending in the right direction when it comes to game deals — investments or M&A. Q1 2025 not only marks the second consecutive quarter of growth, but it is the largest quarter since Q4 2023, with combined games investments and M&As...

Former New Hampshire Governor Chris Sununu broke the news a month ago to disappointed Republicans in his home state: No, he would not be running for the US Senate after all.Instead, Sununu, a former CEO of the Waterville Valley resort in the White Mountains, is heading back to the private sector after eight years as the New Hampshire state government’s top executive. And his first private-sector gig is with an old college pal, as a member of the investment committee of Scope Labs Capital, a newly formed venture capital firm...