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More than half of Germans are said to have no issue with profiting from the arms industry, a sentiment that has grown since the start of the war in Ukraine and the reelection of U.S. President Donald Trump, the results of a new poll showed on Sunday. Over 56% of respondents polled by the opinion research institute Innofact said private investments in the arms industry were justifiable. Of these 21.4% think they are "definitely justifiable" and 34.9% "somewhat." By contrast, almost 31% found such investments "rather reprehensible" and almost 13%...

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,...

President Donald Trump is swinging the axe at government waste, eyeing a blockbuster sell-off of 443 federal properties spanning 47 states, DC and Puerto Rico. The move, aimed at gutting the bloated federal workforce and the pricey buildings they occupy, could dump nearly 80 million square feet of commercial space — 12 times the Pentagon’s footprint — onto the market. The General Services Administration (GSA) dropped the staggering list of “non-core” assets on Tuesday, spotlighting a haul that could save taxpayers a cool $430 million a year in upkeep costs,...