Payments firm PayPal Holdings and investment firm KKR have signed an exclusive multi-year agreement for a replenishing loan of 3 billion euros ($3.28 billion). ($1=0.9151 euros)
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Europe is world's fastest warming continent: ReportThe continent, which has been warming twice the global average since the 1980s, saw its warmest summer on record last year, with countries including France, Germany, Italy, Portugal, Spain and the UK experiencing their warmest year on record.
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Europe keeps breaking heat records as fastest-warming continentScientists are already saying 2023 could be the hottest year on record globally. Read more at straitstimes.com.
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Eve, Blade to expand 'flying car' partnership to EuropeSAO PAULO: Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to integrate Eve's upcoming flying car into Blade's European route network, starting with France, the companies said on Monday (Jun 19). The deal follows similar agreements between the firms, which are currently p
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Europe is world's fastest-warming continent: Climate reportPARIS: Europe should brace for more deadly heatwaves driven by climate change, said a sweeping report on Monday (Jun 19), noting that the world's fastest-warming continent was about 2.3 degrees Celsius hotter last year than in pre-industrial times. Crop-withering drought, record sea-surface temperatures an
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Europe in danger of losing EV battery race - Court of AuditorsBRUSSELS : Europe is in danger of losing the race to become a global battery powerhouse as access to raw materials remains a major roadblock along with rising costs and fierce competition, a report by the European Court of Auditors (ECA) said on Monday.The report warned that the European Union may fail t
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Israel to build fibre-optic link between Europe and AsiaJERUSALEM : Israel will build a 254 kilometer (158 mile) fibre-optic cable between the Mediterranean and Red Sea, creating a continuous link between Europe, the Gulf countries and Asia, the Finance Ministry said on Sunday.State-owned energy group EAPC will build the cable along the route of an oil pipelin
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