New York State lawmakers approved a one-year data center moratorium
New York State lawmakers on Thursday evening approved a bill that would ban for one year the issuance of permits for the construction of new data centers.
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Daiva Rakauskaitė. Europe presented a plan to strengthen the semiconductor industry: what is changing and what should Lithuania do?
On Wednesday, the European Commission (EC) presented the Technological Sovereignty Package, aimed at strengthening the continent’s digital autonomy and resilience. It also includes the semiconductor industry…
In April, 172 thousand new jobs were created in the US, the labor market remains resilient
In May, US employers unexpectedly created 172,000 new jobs, and the labor market continued to remain resilient despite rising costs due to the war with Iran.
Epso-G will be able to borrow up to 160 million euros from Swedbank over two years
State-controlled electricity and gas transmission group Epso-G will be able to borrow up to 160 million euros from Swedbank bank over two years to finance investments and operations.
Samsung plans to invest 4 billion US dollars in a chip testing factory in Vietnam
South Korean technology giant Samsung continues to respond to the rapidly growing demand for semiconductors and is increasing its investments and planning a chip testing factory…
KPMG: business is increasingly using AI, but commercial success will have to wait
The scale of artificial intelligence (AI) use and investment in it is growing rapidly, however, as a global KPMG study shows, commercial benefits will have to wait for now.
Housing sector – impressive sum: 422 million euros allocated
422 million euros in support will be allocated for the renovation of residential buildings and the construction of social housing.
In May in Estonia – 3.7% annual inflation
In May this year, the consumer price index (CPI) in Estonia increased by 0.4% compared to April and by 3.7% compared to the same period last year, the latest data…
Lithuanian economic growth remains among the fastest in the EU
Lithuania’s annual gross domestic product (GDP) growth in the first quarter was the eighth fastest in the EU (seasonally adjusted), Eurostat data shows.
Eurostat: employment growth in Lithuania over the quarter – the largest in the EU
In Estonia, employment grew by 0.3 and 0.9 percentage points respectively, in Latvia – by 1.3 and 0.1 percentage points, in Poland – by 1.3 and 0.2 percentage points. Read more Czech ‘Fortuna’ asks for permission to acquire 70% of ‘Top sport’ and ‘Top loto’ shares Meanwhile, employment across the EU remained unchanged over the…