Amazon to Invest £40 Billion in UK Over Next Three Years in Major Expansion Push

LONDON, 23 June 2025 — Amazon has announced plans to invest £40 billion ($54 billion) in the United Kingdom over the next three years, marking one of its largest financial commitments to a single country outside the United States. The move was welcomed by the UK government as a significant endorsement of its economic strategy. […]

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UK Government Unveils Industrial Strategy to Slash Business Energy Bills and Boost Competitiveness

New plan aims to cut electricity costs for over 7,000 firms and stimulate long-term economic growth The UK government will unveil a sweeping new industrial strategy on Monday aimed at reducing electricity bills for thousands of businesses, responding to growing concerns from industry leaders over high energy costs that have hampered competitiveness and stifled economic […]

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What is financing for development?

These are part of 17 goals agreed by nearly every country, called the Sustainable Development Goals (SDGs). The plan is to hit these targets by 2030. But we’re falling behind. One big reason? There just isn’t enough consistent funding to make real progress. That’s why world leaders, economists, and other decision-makers are meeting at the […]

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From the Global South to the stars: A new space race

The exploits of the long-established spacefaring nations – particularly the US – may still dominate headlines, but countries as diverse as Zimbabwe, Honduras and Malta are signalling their intention to reap the benefits of space-related activities. These smaller states, and many more, are applying for membership of the UN body which helps to shape internationally […]

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World News in Brief: Global investment plunges, hurricane season in Haiti, rising cholera and hunger in South Sudan

Their latest data shows that the outlook for international investment this year “is negative”, a sharp course correction from January, when “modest” growth seemed possible. The reasons for this range from trade tensions and tariffs whose main effect has been a “dramatic increase in investor uncertainty”, said UNCTAD Secretary-General Rebeca Grynspan. She said that investment […]

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Texas Instruments Announces $60 Billion U.S. Chipmaking Expansion

Texas Instruments has announced a $60 billion investment to expand its semiconductor manufacturing in the U.S.—the largest single investment in foundational chip production in the nation’s history. The plan includes the construction or expansion of seven fabrication plants across Texas and Utah, with key sites in Sherman, Richardson, and Lehi. The Sherman campus will receive […]

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Eutelsat Secures €1 Billion Deal with French Military for Satellite Connectivity

Eutelsat has signed a ten-year, €1 billion agreement with the French Ministry of Defence to provide priority access to its OneWeb low-Earth orbit (LEO) satellite constellation, marking a major step in France’s efforts to modernize its military communications infrastructure. Key Terms of the Agreement Under the deal, Eutelsat will: Strategic and European Defense Implications The […]

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Ahead of UN summit, countries finalise landmark ‘Compromiso de Sevilla’

On Tuesday, Member States at UN Headquarters endorsed the finalized outcome document, known as the Compromiso de Sevilla (the Seville Commitment), following months of intensive intergovernmental negotiations. It is intended as the cornerstone of a renewed global framework for financing sustainable development, particularly amid a widening $4 trillion annual financing gap faced by developing countries. […]

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ADR launches fourth ‘Call4Startups’ – seeking visionary innovators

Aeroporti di Roma (ADR) – a Corporate Partner of the FTE Digital, Innovation & Startup Hub – has launched a fourth ‘Call4Startups’ as part of its ‘Runway to the Future Acceleration Program’. In this interview, Giorgia Marizza shares how the Runway to the Future acceleration program is structured and explains how startups can develop a […]

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Ireland: Minister Donohoe Announces Final Sell-Down of State’s Shareholding in AIB

Minister for Finance Paschal Donohoe has announced the commencement of the final phase of the State’s exit from its directed shareholding in AIB Group plc, marking a significant step in the Government’s plan to return Ireland’s banking sector to full private ownership. The exit will be executed through an accelerated bookbuild (ABB) transaction, a process […]

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