Seeking driving seat for EU, Breton to meet chipmaker execs reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
European industry chief to meet with Intel, other chip maker executives to shield from supply shock theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Seeking driving seat for EU, Breton to meet chipmaker execs
By Michel Rose and Douglas Busvine
Reuters
PARIS/BERLIN (Reuters) -European industry chief Thierry Breton will hold discussions with the chief executive of chipmaker Intel and a top executive of Taiwanese competitor TMSC on April 30, as the EU seeks to shield itself from shocks in the global supply chain.
Breton will meet Intel CEO Pat Gelsinger in Brussels next Friday and will also hold a video conference with Maria Marced, President of TMSC Europe, on the same day, the European Commissioner said. Increasing our autonomy does not mean isolating ourselves in a world where supply chains are global, Breton told Reuters.
German institutes cut 2021 GDP growth forecast to 3 7% – Bloomberg fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Updated / Tuesday, 16 Feb 2021
12:18
The ZEW institute said its survey of investors economic sentiment showed a rise to 71.2 points in February from 61.8 the previous month
Investor morale in Germany rose beyond even the most optimistic forecast in February on expectations consumption will take off in the coming months, the ZEW economic research institute said today, buoying the outlook for Europe s largest economy.
The ZEW said its survey of investors economic sentiment showed a rise to 71.2 points from 61.8 the previous month.
A Reuters poll had pointed to a fall to 59.6, and the February reading surpassed even the highest forecast, of 68.
The read-out, which came as a separate read-out showed euro zone output fell less than initially estimated in the last quarter of 2020, boosted the euro.