Continental Financial News

Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. The move comes on the heels of its announcement this month of a 7.8 billions euro investment to build a cloud centre in Germany, and 1.2 billion euros in France to develop cloud infrastructure and logistical infrastructure of its parcel delivery service.

Notre Dame cathedral, will still be under renovation after a devastating fire that ignited in the cathedral and burned for 12 hours on April 14, 2019. When the last embers were extinguished, most of Notre Dame's wood and metal roof was destroyed, and its majestic spire had vanished, consumed by flames. Notre Dame is nearly 1,000 years old and has been damaged and repaired many times. Its last major renovation was in the mid-1800s. The massive beams that framed the structure were fashioned from European oak trees harvested 300 to 400 years ago. Today, these trees are common throughout north-central Europe, but few are tall enough to replace Notre Dame's roof lattice and spire, thanks to centuries of deforestation. Planners had to search nationwide for enough suitably large oaks for the restoration.

India's diesel exports to Europe fell by a fifth sequentially in April as rising competition from US and Gulf suppliers amid softening demand in the continent weakened margins on the fuel. Diesel exports to Europe declined to 210,000 barrels per day (bpd) in April from 262,000 bpd in March, according to energy cargo tracker Vortexa. Europe consumes more than 40% of India's diesel exports. India's overall diesel exports fell 9% to 517,000 bpd in April from 567,000 bpd in March. Exports to Asia, however, rose 33% to 69,000 bpd in April from 52,000 bpd in March.

an interview with us last week, President Emmanuel Macron offered his own diagnosis. There can be no great power without economic prosperity and technological sovereignty, but “Europe does not produce enough wealth per capita." It must become an attractive place to invest and innovate. This requires vast amounts of capital—and a well-oiled financial system that channels savings to promising investment opportunities across the continent.

The European Union marks its annual Europe Day on Thursday

Chinese President Xi Jinping is kicking off a three-country trip to Europe with the continent divided over how to deal with Beijing’s growing power and the U.S.-China rivalry

Two employees of Stifel Financial Corp. in London departed the US investment bank after a probe into alleged inappropriate relationships with a cleaner.

FLAMANVILLE, France—Early this year, a top European Union official made an eye-catching proposal: A €100 billion public fund that would curb Europe’s reliance on U.S. defense manufacturers, who make nearly two-thirds of Europe’s military hardware. The cash could subsidize European companies to develop and manufacture more weapons at home at a time when the continent faces a growing threat from Russia.

African climate-tech startups are increasingly raising money from private sources, but while those funds for climate solutions are growing, a huge gap remains in meeting the actual financial needs for climate action in Africa

From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change

French President Emmanuel Macron is warning that Europe could “die” if it fails to build its own robust defense as Russia’s war in Ukraine rages on

«The Witcher» series 3 was released in two captivating chapters, each released one month apart during the summer of 2023. This innovative approach to storytelling allowed viewers to delve deeper into the richly layered narrative, immersing themselves in the intricacies of Geralt of Rivia's world over an extended period.

Paris, while France will get a major host-nation bump from eighth to third, according to a forecast 100 days out from the opening ceremony. The Gracenote virtual medals table, which is compiled using results data from key global and continental competitions since the Tokyo Olympics, has the U.S. on top both on gold medal count (39) and total medal count (123). The U.S. will host the next Olympics after Paris in Los Angeles in 2028.

ON A VISIT to Tokyo last spring, chef Sean Brock and his wife, Adi, had just found seats at the dimly lit, barely signposted Bar Track when the music stopped their conversation cold. It wasn’t the song (something by Cake) or the volume (modest), but the clarity and richness of the sound emanating from the speakers nestled among the albums and whiskey bottles behind the bar.

America observed a ritual that goes back centuries. Invoking Kinich Ahau, the Mayan sun god — without actually invoking him, since most Americans are unaware of the deity's existence — millions observed the Great American Eclipse, or GEA, in parts of Mexico, 15 US states and eastern Canada.

A banner running down the side of the European Commission’s headquarters in Brussels depicts cartoon workers recladding its 13-floor façade with solar panels. The illustration might come across as a cruel joke to residents of the Belgian capital, for whose leaden skies the phrase “fifty shades of grey" could have been coined. But thanks to green edicts devised by the Euro-wallahs at the commission, the continent’s fields and rooftops are being paved with very real photovoltaic cells.

cheers, music and matrimony the first total solar eclipse to darken the continent in seven years. From a Mexican beach resort close to where the eclipse made landfall to the banks of the Ohio River and farther north beyond the roaring cascades of Niagara Falls at the U.S.-Canadian border, spellbound crowds reacted to the sight of «totality» with jaw-dropping expressions of awe and joy.

North America on Monday as a total solar eclipse raced across the continent, thrilling those lucky enough to behold the spectacle through clear skies. Eclipse mania gripped all of Mexico, the U.S. and Canada, as the moon swept in front of the sun, blotting out daylight. Almost everyone in North America was guaranteed at least a partial eclipse, weather permitting.

Solar eclipse 2024 is here and millions of Americans will be able to witness the rare phenomenon. On April 8, there will be no sun light for more than 4 minutes in the total solar eclipse path, as per reports. Total solar eclipse 2024 path will cover areas such as Buffalo, Indianapolis, Dallas, and Cleveland.

Stock market today: Sensex, Nifty 50 end flat after RBI policy decision; geopolitical tensions, crude oil prices weigh Ten out of the 11 primary S&P 500 sectors saw gains, with communication services leading the charge, up by 1.6 per cent. Krispy Kreme rose by 4.7 per cent following an upgrade by Piper Sandler, shifting its rating from "neutral" to "overweight". Shockwave Medical also saw an uptick of 1.8% after Johnson & Johnson's announcement of its acquisition for $12.5 billion.

A federal judge in Texas has accused the major banking industry groups and the U.S. Chamber of Commerce of forum shopping in their lawsuit against the Consumer Financial Protection Bureau