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Solar Subsidy Extension Through 2025 Boosts Clean Energy Growth
Government extends solar subsidies through 2025, supporting continued growth in renewable energy. Industry faces contractor capacity challenges amid rising installation demand, while fiscal impact analysis shows broad economic...
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Heineken Plans €2 Billion Cost Cuts After Poor Quarterly Results
Heineken announces €2-2.5 billion cost-cutting plan over five years following disappointing quarterly results with 4% revenue decline, continuing challenges in Europe and America, and recent job cuts at Amsterdam headquarters.
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TikTok Faces Global Regulatory Crackdown Over Data Security
TikTok faces global regulatory crackdown with 23 countries implementing bans or restrictions. US law requires ByteDance divestment by 2025, while Europe bans TikTok on government devices. Data security concerns drive worldwide...
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Perovskite Solar Module Factory Opens Near Major Port Hub
World's first gigawatt-scale perovskite solar module factory opens near port hub, creating 1,200 jobs and targeting global exports. Facility achieves 16.1% efficiency with 20% target for 2025, pursuing international...
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Solid-State Battery Breakthrough Promises 600+ Mile EV Range
Solid-state battery breakthroughs promise 600+ mile EV ranges with faster charging and improved safety. Major automakers target 2027-2030 commercialization with billions invested in development.
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Global IT Spending to Hit $6 Trillion in 2026, Gartner Says
Global IT spending will exceed $6 trillion for the first time in 2026, growing 9.8% to $6.08 trillion, driven by AI infrastructure and devices. Software leads growth at 15.2%, while data center systems surge 19%.