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European companies cut jobs as economy sputters (Nov. 3)

European companies cut jobs as economy sputters (Nov. 3)

(Corrects factbox from Nov. 3 to fix sourcing on KPMG in ‘OTHER’ section) (Reuters) -The highest inflation for decades and the impact of war in Ukraine have forced companies across Europe into layoffs or hiring freezes. Here are some of the companies that have announced cuts since April: AUTOS * AUTOLIV: the Swedish airbag and...

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LG and Magna’s First Joint European Factory in Miskolc Will Create 200 New Jobs

LG and Magna’s First Joint European Factory in Miskolc Will Create 200 New Jobs

The joint venture of South Korea’s LG and Canada’s Magna is building its first European factory in Miskolc (North-East Hungary), and the HUF 20 billion (EUR 52.7 Million) investment will create more than 200 new jobs in the city, Minister of Foreign Affairs and Trade Péter Szijjártó announced in Budapest on Tuesday. The minister said...

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[Stakeholder] Protecting workers’ rights throughout the AI revolution

[Stakeholder] Protecting workers’ rights throughout the AI revolution

Artificial Intelligence (AI) has the potential to transform economies and increase global GDP by trillions of euros over the next 10 years. At the same time, AI technologies present significant new challenges for workers’ rights, including new forms of automation, workplace surveillance, and discrimination. Labor disputes are already impacted by developments of AI in the...

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Firefox On the Brink? – Slashdot

Firefox On the Brink? – Slashdot

An anonymous reader shares a report: A somewhat obscure guideline for developers of U.S. government websites may be about to accelerate the long, sad decline of Mozilla’s Firefox browser. There already are plenty of large entities, both public and private, whose websites lack proper support for Firefox; and that will get only worse in the...

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Talent & Green Summit: Cultivating Digital Talent for Sustainable Development

Talent & Green Summit: Cultivating Digital Talent for Sustainable Development

[Dubai, UAE, December 5, 2023] The Talent & Green Summit was held today at the University of Dubai during the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP 28). The Summit brought together 36 participants in Huawei’s Seeds for the Future 2.0 talent program from 22 countries. Scholars from...

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Recyclers concerned over EU plans to give free carbon credits to steel plants

Recyclers concerned over EU plans to give free carbon credits to steel plants

European recyclers have raised concerns over plans to hand out free CO2 allowances to steelmakers, saying the methodology considered by Brussels puts recycled steel scrap at a disadvantage compared to primary steel made from iron ore, which is more polluting. The European Commission is preparing to launch a public consultation on revising the Free Allocation...

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

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

European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing Rights 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...

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Major U.S. Investment in E-mobility Creates Sixty New Jobs

Major U.S. Investment in E-mobility Creates Sixty New Jobs

Hungary is one of the winners of the electric car transition and thus of the new European economic era, also thanks to the best possible cooperation between the government and market players, Minister of Foreign Affairs and Trade Péter Szijjártó said at the announcement of the investment by the U.S. company BorgWarner. The foreign minister...

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Symbio inaugurates its first gigafactory SymphonHy, Europe’s largest integrated site producing hydrogen fuel cells, supporting the deployment of sustainable and efficient mobility

Symbio inaugurates its first gigafactory SymphonHy, Europe’s largest integrated site producing hydrogen fuel cells, supporting the deployment of sustainable and efficient mobility

SAINT-FONS (France) – Symbio, an equally owned joint venture between Forvia, Michelin and Stellantis, is inaugurating SymphonHy today, its first gigafactory, a center of technological and industrial excellence. Located in Saint-Fons, in the Auvergne-Rhône-Alpes region, SymphonHy is the largest integrated fuel cell production site in Europe, confirming Symbio’s role as a technological and industrial leader....

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The UK Tries, Once Again, To Age-Gate Pornography – Slashdot

The UK Tries, Once Again, To Age-Gate Pornography – Slashdot

Jon Porter reports via The Verge: UK telecoms regulator Ofcom has laid out how porn sites could verify users’ ages under the newly passed Online Safety Act. Although the law gives sites the choice of how they keep out underage users, the regulator is publishing a list of measures they’ll be able to use to...

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Research Finds That Renting Ages You Faster Than Smoking, Obesity – Slashdot

Research Finds That Renting Ages You Faster Than Smoking, Obesity – Slashdot

schwit1 shares a report from the New York Post: A landmark study out of the University of Adelaide and University of Essex has found that living in a private rental property accelerates the biological aging process by more than two weeks every year. The research found renting had worse effects on biological age than being...