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Schneider Electric reported stronger-than-expected earnings, supported by rising demand for data center infrastructure. The company, which provides critical systems such as cooling solutions and power management equipment, has benefited from increased investment in digital infrastructure. Data centers and related networks now account for a significant share of its order intake. Growth has been driven primarily […]
Deutsche Telekom’s leadership has voiced concerns over the European Union’s proposed overhaul of telecommunications regulations, arguing that the changes do not go far enough in reducing regulatory burdens. Executives stated that the planned reforms introduce additional requirements rather than delivering meaningful deregulation. While the proposal includes measures to extend the duration of radio spectrum usage—seen […]
The European Central Bank has indicated that artificial intelligence is currently improving productivity across the euro area without triggering widespread job reductions. ECB President Christine Lagarde stated that while automation technologies are becoming more integrated into business operations, their impact on employment levels has not yet materialized in the form of significant layoffs. Officials noted […]