The European Commission has approved a €5 billion German measure to support the European Semiconductor Manufacturing Company (ESMC) in building and operating a microchip manufacturing plant in Dresden. ESMC is a joint venture between Taiwan Semiconductor Manufacturing Company (TSMC), Bosch, Infineon, and NXP. This measure will enhance Europe’s security of supply, resilience, and digital sovereignty […]
The European Artificial Intelligence Act comes into force
The European Artificial Intelligence Act (AI Act), a groundbreaking milestone as the world’s first comprehensive regulation on artificial intelligence, is now in effect. This historic act is designed to ensure that AI developed and used in the EU is trustworthy, with safeguards to protect people’s fundamental rights. The regulation’s primary goal is to establish a harmonised […]
Top tips for negotiating price increases.
In the current economic climate, many companies find themselves negotiating price increases with customers. Negotiations expert Warren G. Langley, Group MD, Scotwork Ltd, shares his top tips to help maximise acceptance, minimise rejection and get the best value out of negotiation. Be specific It starts with clarity – be specific about what you want, what […]
Jaguar Land Rover announces partnership with Nvidia
Jaguar Land Rover has formed a multi-year strategic partnership with NVIDIA, the leader in artificial intelligence (AI) and computing, to jointly develop and deliver next-generation automated driving systems plus AI-enabled services and experiences for its customers. Starting in 2025, all new Jaguar and Land Rover vehicles will be built on the NVIDIA DRIVE™ software-defined platform—delivering […]
In conversation with… Howard Hastings, Managing Director, Hastings Hotel Group
Northern Ireland’s premier hotel group Dr Howard Hastings is the son of a giant in the Northern Irish hospitality sector. Yet he holds his own. Sir William Hastings founded the Hastings Hotel Group more than fifty years ago. The Hastings collection comprises six hotels in Northern Ireland, including the Culloden Estate and Spa and the […]
Welcome Expo 2020 Dubai
A glittering line-up of stars helped welcome the world to Expo 2020 Dubai, decorating an Opening Ceremony that will be remembered forever by the 3,000-strong audience, as well as the millions across the globe who tuned in to virtually view the eagerly awaited event. With the golden ring of connectivity – the inspiration for the […]
Beating financial crime: Commission overhauls anti money laundering and countering the financing of terrorism rules
The complex issue of tackling dirty money flows is not new. The fight against money laundering and terrorist financing is vital for financial stability and security in Europe. Legislative gaps in one Member State have an impact on the EU. That is why EU rules must be implemented and supervised efficiently and consistently to combat […]
In conversation with..Chitra Stern
Today, ‘in conversation with’ typically means via webcam, Sarah Jayne had the pleasure of spending an hour chatting to the very affable Chitra Stern, a formidable businesswoman with strong values and even stronger ambition. Chitra is of Indian heritage, spending time in Singapore and London before marrying Roman, her Swiss husband and relocating to Portugal […]
EPP Group: SME must have the possibility to use supercomputers to exploit the full potential of AI
“This is how businesses become innovative and provide a more useful service to us, the citizens”, said Pilar del Castillo MEP, EPP Group Spokeswoman on the Digital Europe Programme. The European Parliament will approve the first funding programme for Digital Europe, which is a novelty. It is intended to make digital technology much more accessible […]
Renew Europe welcomes Horizon Europe. “It will help to engage with more European industries and SMEs than ever before”
Renew Europe welcomes Tuesday’s plenary adoption of Horizon Europe, the Union’s future-oriented research and innovation programme, which succeeds Horizon 2020 and spans from 2021 until 2027. With an ambitious €95.5 billion secured for the programme, Horizon Europe is the world’s largest investment programme in R&I. Renew Europe is convinced that the programme will help generate […]