The Netherlands is providing around 2 billion euros for a large project for CO2 storage. It was reported after confirmation by the Port of Rotterdam and Royal Dutch Shell.
Two billion euro to be spent for pumping CO₂ back under the ground
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Construction of new Intel fab stalled after 70 people were infected
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During the construction of Intel’s 7nm plant in Ireland, workers have recently been infected, affecting about 70 out of 5,000 people. The manufacturer and the Irish Department of Health are monitoring the situation and have no plans to stop the construction for the time being.
Kenes Rakishev sees the prominent role of nickel as an environmentally-friendly metal
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The world that surrounds us, the benefits of modern life we enjoy, increasingly depends on rare earth, rare, non-ferrous and precious metals. At the same time, the extraction is often carried out using outdated methods which are barbaric, energy-consuming and dangerous, says Kenes Rakishev. The experience of Kenes Rakishev himself in the development of mining enterprises is enormous: his...
Inmarsat fights to retain its radio band, EU states plan to give it away to 5G networks
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The British satellite company Inmarsat is suing for interim relief to prevent a forced relocation abroad. Inmarsat now uses the 3.5 GHz frequency band for emergency communication with ships at sea, but the Dutch government wants to use that band for faster 5G.
By 2030 electrical cars will be cheaper than conventional ones
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By 2030, there will be enough affordable electric cars for sale in Europe to meet the ambitions of the Climate Agreement. There can also be enough charging stations and enough green power to charge the batteries. This emerges from a study by financial advisor PwC into the feasibility of electric driving.
Zoom was a success of the difficult year
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Zoom video conferencing service was a strong climber on Wall Street on Tuesday in the first trading minutes. Quarterly figures from the fast-growing technology company fell well with investors, who saw encouraging signals about expected revenue after coronavirus year 2020. The main indicators for the New York stock exchanges opened almost immediately after the solid profits a day earlier.
Cyprus attracts modern fintech companies: low taxes and favourable conditions are the keys to success
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Cyprus is a desirable destination for startup and IT innovation companies. It is especially comfortable because of the tax program in effect to support the move and the well-developed banking infrastructure the island attracts fintech companies at the very heart of the new financial revolution.
Renesas made an offer to Dialog investors
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The takeover appetite in the chip sector doesn’t seem settled yet. The Japanese Renesas announced that they were talking to the British Dialog Semiconductor about a takeover. The American tech company Apple is one of the main customers of the British chip designer.