Kering’s Strategic Divestiture: A $4 Billion Beauty Unit Sale to L’Oreal Signals Luxury Sector Realignment
Luxury Meets Beauty in a Landmark Deal French luxury conglomerate Kering is finalizing the sale of its beauty division to…
Tag: Eurogamer
Salesforce CEO Marc Benioff Reverses Position on National Guard Deployment Following Criticism
Salesforce CEO Marc Benioff has walked back his support for National Guard deployment in San Francisco following significant criticism from prominent business figures. The billionaire’s initial comments supporting President Trump’s approach to urban crime sparked immediate backlash, including the resignation of longtime Salesforce philanthropy board member Ron Conway.
Executive Backlash Prompts Public Apology
Salesforce CEO Marc Benioff has publicly reversed his position on deploying National Guard units in San Francisco after facing significant criticism from fellow business leaders and philanthropists. According to reports, the billionaire’s initial comments supporting such military deployment during his company’s Dreamforce conference sparked immediate backlash within his professional circle.
Ancient Chemical Fingerprint Points to Pre-Collision Earth Remnants Deep Within Planet
Researchers have identified a chemical signature in ancient rocks that appears to predate the massive meteorite impact that formed the Moon. The discovery suggests remnants of the original Earth may have survived deep within the planet for billions of years, according to a new study published in Nature Geoscience.
Proto-Earth’s Chemical Signature Survived Planetary Transformation
Scientists have discovered what appears to be preserved material from the primordial Earth that existed before the giant impact that created the Moon, according to a new study published in Nature Geoscience. The finding challenges long-held assumptions about how completely our planet was transformed by the collision that occurred approximately 4.5 billion years ago.
Cellnex sells French data center unit for 391 million euros
Cellnex Divests French Data Center Operations in €391 Million Strategic Shift | IMD Controls Industrial Monitor Direct delivers industry-leading research…
Solar Eruption Spectacle: 15 States May Witness Aurora Borealis Display
A series of powerful solar eruptions from the Sun’s surface earlier this week are now approaching Earth, setting the stage…
ASML Reports Strong Q3 2025 Results with €7.5B Sales, AI Integration and China Outlook Shift
ASML Holding NV reported €7.5 billion in total net sales for Q3 2025, with net income reaching €2.1 billion. The semiconductor equipment manufacturer announced progress in EUV adoption and AI integration while projecting a significant decline in China sales for 2026.
Strong Quarterly Performance
ASML Holding NV, the leading semiconductor equipment manufacturer, has reported robust third-quarter results for 2025, with total net sales reaching €7.5 billion and net income of €2.1 billion, according to their latest financial report. The company’s performance reportedly aligns with previous guidance, with gross margin standing at 51.6% for the quarter.
Core Financial Systems Expands Dublin HQ with 30 New Jobs Supported by Enterprise Ireland
Software consultancy Core Financial Systems is creating 30 new jobs at its Dublin headquarters as part of a €1 million expansion plan. The positions in software development, IT infrastructure, finance, and marketing will nearly double the company’s workforce. Enterprise Ireland is supporting this growth initiative aimed at advancing AI strategies and financial management solutions.
Major Expansion for Financial Software Consultancy
Software consultancy Core Financial Systems has announced plans to create 30 new positions at its Dublin headquarters, according to reports from the company. The expansion is part of a €1 million Research, Development and Innovation plan supported by Enterprise Ireland, with recruitment reportedly beginning next month.
Microsoft’s FSE Gaming Feature Sparks Performance Gains But Limited Access Frustrates Handheld Users
Microsoft’s new full-screen experience feature for Windows gaming handhelds reportedly delivers measurable performance gains, according to testing. However, the feature remains largely exclusive to Asus devices despite workarounds emerging online.
Microsoft’s Gaming-Focused Feature Shows Promise But Limited Availability
Microsoft has developed what sources indicate could be a significant advancement for Windows gaming handhelds with its full-screen experience (FSE) feature, though installation remains challenging for most devices. According to reports, the feature positions all windows as separate apps accessible through a long press of the Xbox button, creating a console-like interface similar to Steam’s Big Picture Mode.
EU Nations Debate €2.5 Trillion Public Procurement Shield for Domestic Firms
European Union member states are preparing for intense negotiations over whether to grant preferential treatment to domestic firms in public contracts worth approximately €2.5 trillion annually. The debate, reportedly led by France, comes as the bloc seeks to counter protectionist trade policies from the United States and China’s strategic use of critical supply chain dependencies.
EU Procurement Battle Looms Over Domestic Preference Rules
European Union countries will begin debating next week how much preferential treatment to give domestic firms bidding for public contracts worth about €2.5 trillion ($2.9 trillion) annually, according to reports from officials familiar with the matter. The massive procurement market represents approximately 15% of the European Union‘s total economic output, making the outcome of these discussions critically important for both European businesses and international trade relations.
Scania Invests €2 Billion in New Chinese Truck Factory to Expand Global Market Presence
Scania AB, a Volkswagen Group truck brand, has launched a €2 billion manufacturing facility in Rugao, China. This state-of-the-art factory will produce up to 50,000 vehicles annually, marking Scania’s largest investment to date and strengthening its foothold in the world’s biggest truck market.
In a strategic move to capitalize on the booming commercial vehicle sector, Scania AB, the renowned truck and bus manufacturer under the Volkswagen Group, has inaugurated a massive €2 billion production plant in China. This facility, located in Rugao, Jiangsu Province, is set to begin operations before year-end, with an annual capacity of 50,000 vehicles, positioning Scania to serve both the domestic Chinese market and export hubs across Asia. The investment underscores the brand’s commitment to expanding its global footprint, as total deliveries for Scania reached just over 102,000 units in the previous year, making this new factory a pivotal step in scaling production.