International Business Times
The International Business Times is an online global business newspaper based in New York City, comprising 10 national editions and seven languages. The publication, sometimes called IBTimes or IBT, offers news, analysis and editorial commentary on business and business-related stories[2] It is ranked by Alexa as the sixth-most visited site among business newspapers.
Launched in 2005, IBTimes was created to provide news services to the international business community. It is a privately held company and still owned by its co-founders Etienne Uzac and Johnathan Davis. Its headquarters are in the former Newsweek offices in the Financial District of New York.
Source: Wikipedia
http://en.wikipedia.org/wiki/International_Business_Times
Type of Content
Approved Story
1
Format
Region
News Item Format
Standard
Image Caption
AFP
Autocurated
0
Berlin agreed Monday to grant US chip giant Intel subsidies totalling almost a third of the cost of a 30-billion-euro ($32.7-billion) German plant in a controversial decision following a months-long row.
Government sources told AFP that Berlin would provide 9.9 billion euros to support the project in the eastern city of Magdeburg, up from a figure of 6.8 billion originally agreed.
Intel unveiled the mammoth project, the centrepiece of a European investment drive, in March last year.
The EU is seeking to boost production of semiconductors, used in everything from fighter jets to smartphones, and reduce reliance on Asia after pandemic-induced shortages hit some industries, and Russia's war on Ukraine brought home the risks of over-dependency.