Author: Justin M. Larson

An employee checks a Heineken beer bottle on a packaging conveyor at the Heineken NV brewery in Zoeterwoude, Netherlands.Jasper Juinen | Bloomberg | Getty ImagesDutch brewer Heineken is planning to lay off up to up to 7% of its workforce, as it looks to boost efficiency through productivity savings from AI, following weak beer sales last year. The world’s second-largest brewer reported lackluster earnings on Wednesday, with total beer volumes declining 2.4% over the course of 2025, while adjusted operating profit was up 4.4%. The company also said it plans to cut between 5,000 and 6,000 roles over the next…

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French AI startup Mistral said on Wednesday it will invest 1.2 billion euros ($1.43 billion) into digital infrastructure in Sweden, including AI data centers.The announcement comes as Europe scrambles to build out the infrastructure needed to power rapidly developing AI tools, as it seeks to build tech sovereignty amid rising geopolitical tensions.The funds will facilitate the development of AI data centers, advanced compute capacity and localized AI capabilities, Mistral said.Founded in 2023, Mistral has emerged as one of Europe’s leading AI companies and raised a 1.7 billion euro funding round in September, hitting an 11.7 billion euro valuation. Dutch chip…

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Patrick Pouyanne, chief executive officer of TotalEnergies SE, during the Conference de Paris, organized by the International Economic Forum of the Americas (IEFA) in Paris, France, on Tuesday, Dec. 16, 2025.Bloomberg | Bloomberg | Getty ImagesThe CEO of French energy major TotalEnergies said it was “too expensive and too polluting” to return to Venezuela, despite calls from U.S. President Donald Trump for Big Oil to invest billions in the country. The company quit Venezuela in 2022 but the Trump administration has urged oil majors to return since the U.S. military operation to seize the country’s president, Nicolás Maduro, on Jan.…

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HANGZHOU, CHINA – JUNE 14, 2024 – A guest walks past the logo of the 2024 Dassault Systemes Automotive and Transportation Industry Summit Forum in Hangzhou, Zhejiang province, China, June 14, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)Cfoto | Future Publishing | Getty ImagesShares of French software giant Dassault Systèmes plummeted as much as 21% in early trade on Wednesday, putting the stock on track for its worst trading day ever. By 8:50 a.m. in London, the Paris-listed shares were 21% lower, after trading of the stock was briefly suspended at the open. Stock Chart IconStock chart…

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“Olympique de Marseille and Roberto De Zerbi, coach of the first team, have announced the end of their collaboration by mutual agreement,” Marseille said in a statement.”Following discussions between all stakeholders in the club’s management – the owner, president, director of football, and coach – it was decided to make a change at the helm of the first team.”This was a difficult collective decision, taken after careful consideration in the best interests of the club, in order to respond to the sporting challenges of the end of the season.” Source link

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This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchCompass is that rare beast —  a British company that is a genuine world leader in its field.The world’s biggest contract caterer, which annually serves 5.5 billion meals in schools, colleges, workplaces, hospitals and sporting venues in more than 25 countries, is considered a well-run business.Accordingly, its trading updates tend not to excite, routinely consisting of news on organic sales growth, margin improvements and — with workplace catering operations gradually being outsourced around the world — new business wins.Last week’s update, though, brought something more eyebrow-raising as Compass announced that, from April 1, it will change…

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Half a dozen beavers have been legally released at two sites in Somerset in a bid to restore a river and wetland. The releases, one involving a mother and her three children and another involving a pair of Eurasian beavers, took place at spots across the National Trust’s Holnicote Estate on Exmoor on Tuesday. It is the second time the charity has been granted a licence by Natural England to release beavers into the wild after the first release on the Purbeck Estate in Dorset in March last year. The species was previously released into enclosed areas of the Holnicote Estate…

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