Foreign Investment
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Business
SoftBank to invest €75bn in France to help expand its AI sector
The project is SoftBank Group's largest AI infrastructure investment in Europe. Once completed, its planned 5 GW capacity would make it Europe's largest data centre project as the region seeks to expand AI infrastructure and compete with the US and Asia.
Canada
Carney says Canada must cut reliance on US as tariffs hit economy
The Canadian leader stressed that his country cannot hinge its future on hope that the US will return to the partner it formerly was to his country and that active steps must be taken to protect Ottawa from the disruptions caused by the Trump administration.
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Europe News
EU partners with Africa to step up clean power and infrastructure
European and African leaders met in Luanda during the EU-African Union summit where they pledged to increase trade in renewable energy and critical raw materials. Shortly before, European leaders met in Johannesburg for the G20, where the bloc struck a trade deal with South Africa.
Economy
Rome denies French PM Bayrou's 'unfounded' tax dumping claims
Francois Bayrou, in an interview with French media on Sunday, accused Italy of fiscal dumping. The Italian government denied it, while members of the key parties criticised the attack, defending the soundness and attractiveness of their tax system.
