European Commission Executive Vice-President, Margrethe Vestager. Jean-Francois Badias | AFP | Getty Images An American citizen and Yale professor, Fiona Scott Morton, made the decision to decline a prominent position within the European Union (EU) due to significant backlash from politicians within the bloc. Scott Morton had been nominated to serve as the chief competition …
In a suspenseful vote, the European Union’s parliament has approved a comprehensive plan to safeguard nature and combat climate change. This crucial vote had major implications for the bloc’s global environmental standing. Despite significant resistance, the legislature supported the general framework of the European Commission’s bill with a narrow vote of 324-312, with 12 abstentions. …
Rafael Henrique | Lightrocket | Getty Images European Union regulators have imposed a record €432 million ($476 million) fine on Illumina for completing its acquisition of cancer test developer Grail without obtaining regulatory approval. This fine represents 10% of San Diego-based Illumina’s turnover, the maximum allowed under EU merger rules. The fine levied on Illumina …
Decrease article font size Increase article font size The European Medicines Agency (EMA) announced an extension of its investigation into the diabetes drugs Ozempic and Saxenda, manufactured by Novo Nordisk, due to two reports of suicidal thoughts. The investigation will now encompass other drugs in the same class. The review was initiated by Iceland’s health …
Boxes of the diabetes drug Ozempic can be seen in this captivating photo illustration taken at a pharmacy counter in Los Angeles on April 17, 2023. Mario Tama | Getty Images The European Union’s drug regulator announced on Tuesday that it has expanded its investigation into the potential risk of patients experiencing suicidal thoughts and …
Rewrite: An RTÉ bailout request highlights the need to restore trust in the media conglomerate. The amount requested is questionable considering their revenue last year. To regain trust, RTÉ must be restructured and operate as a viable public service broadcaster without relying on commercial revenue. The appointment of an examiner/liquidator may be necessary. The current …
The notion that Ireland is invulnerable to threats or attacks due to its neutrality is disregarding the realities of modern warfare. The threats to our sovereignty are now more likely to come in the form of cyber attacks or surveillance activities. These challenges are new, diverse, and very real, and they do not recognize national …
Instagram CEO Adam Mosseri appeared before a U.S. Senate hearing in Washington, D.C. on December 8, 2021. Brendan Smialowski | AFP | Getty Images Meta’s launch of its Twitter competitor, Threads, has gained attention in the U.S., but consumers in the European Union are unable to join the platform at this time. This is due …
Japan, known for its innovative technology, is currently falling behind in the race to develop generative artificial intelligence algorithms. Generative AI has become a hot topic in the tech industry, with the potential to significantly boost global GDP. However, Japan is trailing behind the US, China, and Europe in terms of large language model (LLM) …
Hydrogen storage tanks in Spain in May 2022. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Angel Garcia | Bloomberg | Getty Images The excitement surrounding hydrogen has grown significantly in recent years, with many recognizing its potential as a tool for reducing the environmental impact …