Feed aggregator
ICC Champions Trophy 2025: Blow to Pakistan as Zaman out of tournament
Pakistan's Champions Trophy hopes hit by news that injured batter Fakhar Zaman will miss remainder of the tournament.
Israel increases “unlawful detention” of Palestinians
Milena Ansari talks about the unlawful detention of Palestinians
Fact-check: Did Ukraine start its war with Russia, as Trump claims?
Trump has blamed Ukrainian President Zelenskyy for starting the war with Russia, fuelling a war of words amid talks.
EU approves $960 million in German aid for Infineon chips plant
BRUSSELS — The European Commission said Thursday it had approved 920 million-euro of German state aid, or $960 million, to Infineon Technologies for the construction of a new semiconductor manufacturing plant in Dresden.
The measure will allow Infineon to complete the MEGAFAB-DD project, which will be able to produce a wide range of different types of computer chips, the Commission said.
Chipmakers across the globe are pouring billions of dollars into new plants, as they take advantage of generous subsidies from the United States and the EU to keep the West ahead of China in developing cutting-edge semiconductor technology.
The European Commission has earmarked 15 billion euros for public and private semiconductor projects by 2030.
"This new manufacturing plant will bring flexible production capacity to the EU and thereby strengthen Europe's security of supply, resilience and technological autonomy in semiconductor technologies, in line with the objectives set out in the European Chips Act," the Commission said in a statement.
The Commission said the plant -- which is slated to reach full capacity in 2031 -- will be a front-end facility, covering wafer processing, testing and separation, adding that its chips will be used in industrial, automotive and consumer applications.
The aid will take the form of a direct grant of up to 920 million euros to Infineon to support its overall investment, amounting to 3.5 billion euros. Infineon, Germany’s largest semiconductor manufacturer, which was spun off from Siemens 25 years ago, has said the plant will be the largest single investment in its history.
Infineon has agreed with the EU to ensure the project will bring wider positive effects to the EU semiconductor value chain and invest in the research and development of the next generation of chips in Europe, the Commission said.
It will also contribute to crisis preparedness by committing to implement priority-rated orders in the case of a supply shortage, in line with the European Chips Act.
What’s going on with the Gaza ceasefire deal?
The clock is ticking towards phase two of the Gaza ceasefire deal but there are still major questions over the accord.
Rekha Gupta of India’s ruling BJP sworn in as chief minister of Delhi
Gupta's ascent to power hands control of the capital city to Prime Minister Modi's party for the first time in 27 years.
Palestinians in Gaza work to rebuild Jabalia’s central market
Jabalia’s once-bustling market lies in ruins, but vendors in Gaza are clearing the rubble by hand
Fake flight tickets target migrants ahead of German election
Fake tickets for a one-way flight out of Germany for undocumented migrants have been handed out by the far-right AfD.
Detained Gaza doctor Hussam Abu Safia seen shackled in new video
The detained director of Gaza’s Kamal Adwan Hospital has been shown in shackles in a video on Israeli media.
Trump vs Zelenskyy: What’s behind escalating war of words?
Trump called Zelenskyy a 'dictator' amid a brewing war of words between the two leaders.
Beterbiev vs Bivol 2 boxing: Start time, fight card, how to watch
All to know about the Artur Beterbiev-Dmitry Bivol world title fight, plus Daniel Dubois-Joseph Parker preview.
UN warns M23 advances threaten regional conflict in eastern DRC
Fears of regional conflict grow as M23 captures cities in eastern DRC, prompting UN concern over strategic advances.
Hamas releases bodies of four Israelis held captive in Gaza
Hamas said all four, including two children, were killed in Israeli air attack on Gaza.
Mali filmmaker Souleymane Cisse, ‘father of African cinema’, dies at age 84
Trailblazer of African cinema was the winner of the jury's prize at the 1987 Cannes Film Festival for his film, Yeelen.
Israeli army kills three Palestinians in West Bank refugee camp assault
Israeli soldiers storm the Far’a refugee camp, killing three, as raids and arrests continue across the West Bank.
Who is running in the German election and what are the key issues?
German citizens will take to the polls on February 23 for a snap general election.
Green light for £50m programme to improve schools
The money will be used to build new schools and for refurbishments to improve energy efficiency.
Russia-Ukraine war: List of key events – day 1,092
Here are the key developments on the 1,092nd day of Russia’s full-scale invasion of Ukraine.
Australia, New Zealand monitor ‘unusual’ movement of three Chinese warships
Three Chinese navy ships have charted a course along Australia's eastern coast in a move described as 'unusual'.
Why are Trump supporters claiming Google data is exposing DC corruption?
MAGA figures are seizing on Google searches to claim Washington elites are fearful of being exposed for crimes.