Thursday, October 29, 2026

Europe

EU Backs €319 Million for Austria’s Next Generation Chip Factory

The European Union has approved €319 million in Austrian state aid for Infineon Technologies to upgrade its semiconductor plant in Villach, Carinthia, into what the company says will be the world’s first high-volume factory for next-generation power chips. The grant will help fund a €1.1 billion modernization of the Villach site. Infineon plans to produce […]

Burnham Puts EU Reentry Back on Britain’s Agenda

For nearly a decade, British governments have followed an unwritten rule: do not reopen the argument over Brexit. Prime Minister Andy Burnham has now broken it. Marking 100 days in office on October 27, Burnham said Brexit has failed and called for a far closer relationship with the European Union, possibly including rejoining the 27 […]

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