germany

Here’s What the Inside of an Airbus Factory Looks Like

Here’s What the Inside of an Airbus Factory Looks Like

This story originally appeared on WIRED Italia and has been translated from Italian.This is the most important moment in the life of an airliner: when the new owner signs for it and picks it up, much like a driver picking up a new car from a dealer.The aircraft in question is an Airbus A321neo, and it is parked at Hamburg-Finkenwerder, the German city’s second airport, which Airbus uses for testing, logistics, and delivery of airplanes to customers. Gathered around the plane are pilots and cabin crew, as well as two executives from Wizz Air, the low-cost Hungarian airline that is…
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EON Boosts Spending on Energy Transition as Europe Electrifies

EON Boosts Spending on Energy Transition as Europe Electrifies

EON SE ramped up investments more than 20% in the first half as the German utility expands a massive network of cables that’s helping to drive the energy transition. As one of Europe’s largest distribution-grid operators, EON plays a key role in the economy’s electrification. The continent aims to be climate-neutral by the middle of the century, an endeavor that requires a huge build-out of grids so that millions of clean-energy generators can be connected. Source link lol
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Shein Hires Former EU Official to Bolster Lobbying as IPO Nears

Shein Hires Former EU Official to Bolster Lobbying as IPO Nears

Shein has enlisted a former top European Union official to bolster its lobbying efforts across the region, taking a more active stance toward potential regulatory scrutiny as it plans a stock market debut in London.The online fashion retailer hired former EU budget commissioner Günther Oettinger as a consultant to help it navigate the bloc’s policy environment, a company representative said. Shein faces a raft of issues including a debate whether to impose customs duties on cheap parcels — a potential game-changer for Shein and other low-cost online retailers like PDD Holdings Inc.’s Temu. Source link lol
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Brookfield Is Considering Stake Sale in Data4’s Mature Assets

Brookfield Is Considering Stake Sale in Data4’s Mature Assets

Brookfield Infrastructure Partners is weighing a minority stake sale in some of the assets of French data center operator Data4, according to people with knowledge of the matter. Brookfield is working with Citigroup Inc. on seeking investors for Data4’s so-called stabilized assets, which refer to fully-constructed data centers with high and stable tenancy rates, the people said. The stabilized asset portfolio has a valuation of more than €3.5 billion ($3.8 billion), said one of the people, who asked not to be identified as the information is private. Initial bids are expected in September, they said. Source link lol
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Deutsche Telekom Improves Profitability Buoyed by US Growth

Deutsche Telekom Improves Profitability Buoyed by US Growth

Deutsche Telekom AG, Europe’s largest telecommunications operator, reported increased profitability in the second quarter, buoyed by strong subscriber growth in the US and resilience in its home market of Germany. Adjusted earnings before interest, taxes, depreciation and amortization after leases rose 7.8% from a year earlier to €10.8 billion ($11.8 billion) in the second quarter, the carrier said in a statement on Thursday. Analysts had forecast €10.7 billion, according the average of estimates compiled by Bloomberg. Source link lol
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French Power Export Curbs Could Boost Prices for Neighbors

French Power Export Curbs Could Boost Prices for Neighbors

French electricity grid limitations will constrain power exports from Monday for more than two months, threatening higher prices in neighboring countries. The curbs that run until October will impact exports to Belgium, Germany, Switzerland and Italy. Similar limitations this spring led to record spreads between France’s day-ahead power price and its neighbors. Source link lol
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German Navy looks to replace its outdated floppy disk system for its frigate fleet

German Navy looks to replace its outdated floppy disk system for its frigate fleet

The German Navy is in need of a serious upgrade for its fleet of submarine frigates and we’re not talking about a digital upload or some kind of software patch. The country’s fleets of submarine frigates have operated on old-fashioned, 8-inch floppy disks since they were commissioned back in the 1990s.Now the German Navy is trying to find a way to replace the outdated disk system that are “vital to the running of its Brandenburg class F123 frigates,” according to Tom’s Hardware.Replacing the floppy disk system won’t be an easy task. These disks pretty much control everything on the ships…
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