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Occidental Petroleum, Macy’s Potential Buyout, Cigna’s Shares, Mistral’s Soaring Valuation and Others

The European News Global Here is a roundup of some recent noteworthy developments that have sparked intrigue and interest across the business world. Occidental Petroleum’s Acquisition of CrownRock Occidental Petroleum recently announced its acquisition of Permian producer CrownRock for a staggering $12 billion. To finance this ambitious move, Occidental plans to issue $9.1 billion in…
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The Evolving Landscape of AI: A Look into Recent Developments and Policy Challenges

The European News Global The rapid development of AI technology is posing significant challenges for lawmakers across the globe, as they strive to keep pace with the ever-evolving landscape. According to a recent report in the New York Times, nations are racing to address the potential perils of AI. However, European officials have been caught…
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EU Proposes Extension of Rules for Electric Vehicle and Battery Origin

The European News Global The European Commission has recently proposed a one-off extension until 31 December 2026 of the current rules of origin for electric vehicles and batteries under the EU-UK Trade and Cooperation Agreement (TCA). This strategic move is driven by unforeseen circumstances such as global geopolitical tensions, supply chain disruptions caused by the…
