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EU clears up to 1.2 bln euros of aid for cloud computing

UPDATE 2-EU clears up to 1.2 bln euros of aid for cloud computing Adds commissioner comments on jobs, aid 'claw-back', paragraphs 4-6 BRUSSELS, Dec 5 (Reuters) - The European Commission approved on Tuesday up to 1.2 billion euros ($1.30 billion) of state aid for a European cloud computing project to try to boost the involvement of EU business in a field dominated by U.S.
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Britain's Octopus in partnership to build first wind farm in Sierra Leone

Britain's Octopus in partnership to build first wind farm in Sierra Leone LONDON, Nov 30 (Reuters) - Britain's Octopus Energy said on Thursday its generation arm has entered into partnership with Sherbro Alliance Partners (SAP) to build Sierra Leone's first wind farm in 2024. Octopus’ green energy projects, worth $7.5 billion, spread across 15 countries in Europe, Asia and Australia.
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Businesses, tech groups warn EU against over-regulating AI foundation models

Businesses, tech groups warn EU against over-regulating AI foundation models By Foo Yun Chee BRUSSELS, Nov 23 (Reuters) - Businesses and tech groups on Thursday warned the European Union against over-regulating artificial intelligence systems known as foundation models in upcoming AI rules as this could kill nascent start-ups or drive them out of the region.
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Swiss stocks - Factors to watch on November 22

Swiss stocks - Factors to watch on November 22 ZURICH/BERLIN, Nov 22 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: CREDIT SUISSE Jefferies hires ex-Credit Suisse bankers for Asia private credit, reported Bloomberg News. COMPANY STATEMENTS *Julius Baer's BAER.S 600-million-euro loans to Signa draw Swiss scrutiny, reported Bloomberg News.
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SAP, Mercedes-AMG PETRONAS F1 Team Join Forces to Drive Efficiency On and Off the Racetrack

BRIEF-SAP, Mercedes-AMG PETRONAS F1 Team Join Forces to Drive Efficiency On and Off the Racetrack Nov 21 (Reuters) - SAP SE SAPG.DE : SAP AND THE MERCEDES-AMG PETRONAS F1 TEAM JOIN FORCES TO DRIVE EFFICIENCY ON AND OFF THE RACETRACK Source text for Eikon: ID:nPn1Dl8dCa Further company coverage: SAPG.DE
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