Northvolt says ‘believes in Germany’, battery plant talks ongoing

By Victoria Waldersee BERLIN (Reuters) – Northvolt believes in Germany as an industrial location and continues discussions on building a battery plant there, it said on Wednesday amid speculation that the Swedish battery maker could divert its planned investment to the United States. The $369-billion U.S. Inflation Reduction Act passed last year prompted companies including …

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Microsoft streicht 10.000 Jobs – Fünf Prozent der Belegschaft

Bangalore (Reuters) – Die Entlassungswelle im US-Technologiesektor fordert weitere Opfer. Microsoft kündigte am Mittwoch den Abbau von 10.000 Stellen an, nachdem der Software-Konzern im Oktober bereits 1000 Stellen gestrichen hatte. Dies entspreche fünf Prozent der Belegschaft. Zuvor hatte der Sender “Sky News” über eine Entlassungswelle in dieser Größenordnung berichtet. Kunden versuchten, bei ihren IT-Ausgaben “mit …

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China’s Xi frets about COVID in rural areas, sees ‘light ahead’

By Bernard Orr BEIJING (Reuters) – President Xi Jinping said on Wednesday he was particularly concerned about China’s COVID-19 wave spreading to rural areas with poor medical facilities but he urged perseverance in stressful times, saying “light is ahead”. His comments came as millions of urban workers were travelling back to their home towns and …

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Wagner chief Prigozhin attacks Putin administration over failure to block YouTube

(Reuters) – The increasingly prominent head of the Russian private military group Wagner on Wednesday took aim at the Kremlin administration for failing to block the U.S.-owned video sharing platform YouTube. “YouTube is the information plague of our time,” Yevgeny Prigozhin said in a statement posted on his Telegram channel, alleging, without evidence, that 40% …

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Bayer acquires British medical imaging AI developer Blackford

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Bayer agreed to acquire Blackford Analysis Ltd., a British developer of artificial intelligence (AI) systems that help diagnose disease from medical images, to boost the German company’s radiology business. Healthcare and agriculture company Bayer said in a statement on Wednesday that the deal was part of …

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Takeaway CEO Groen: sales process for Grubhub ‘difficult’ given current M&A market

AMSTERDAM (Reuters) – Just Eat Takeaway CEO Jitse Groen on Wednesday said the company remains in talks to sell its U.S. Grubhub subsidiary, but the sales process is “difficult” given the current M&A market. “We’ve been in the sales process for quite some time,” Groen said on a call following a fourth-quarter trading update. “Realistically …

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