Latest

French PM vows more taxes and spending cuts ahead of budget fight
French PM vows more taxes and spending cuts ahead of budget fight

France's new Prime Minister Michel Barnier pledged new taxes and spending cuts Tuesday to reduce a "colossal" debt, in a policy address that met with a raucous reception from lawmakers who could topple his government at any time. Opportunities to topple the government will abound in the coming months as ministers struggle to get a 2025 budget through parliament before year's end.

Germany inaugurates IBM's first European quantum data centre
Germany inaugurates IBM's first European quantum data centre

Chancellor Olaf Scholz on Tuesday inaugurated US firm IBM's first quantum data centre in Europe, saying Germany aims to be at the forefront of the revolutionary technology. Scholz hailed the data centre as "good news for Germany", adding that Europe's biggest economy needs such "key technologies".