Author: Friederike Heine
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Intel spends $33 billion in Germany in landmark expansion
By Friederike Heine, Supantha Mukherjee and Andreas Rinke BERLIN/STOCKHOLM (Reuters) -Intel will spend more than 30 billion euros ($33 billion) to develop two chip-making plants in Magdeburg as part of its expansion push in Europe, a deal Chancellor Olaf Scholz hailed on Monday as Germany’s biggest ever foreign investment. Berlin has agreed subsidies worth nearly…
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Vigils and a wrecked tank as Ukraine’s allies mark year of war
BERLIN (Reuters) -Ukraine’s allies around the world lit up buildings in yellow and blue, held protests and candlelight vigils and prepared new sanctions on Moscow on Friday in a collective show of support on the first anniversary of Russia’s invasion. As the war grinds on with no sign of ending, anti-Russian protesters also carried out…