Trump Media and Technology Group, the parent company of Truth Social, reported a loss of $238 million between April and June. This figure represents a significant increase compared to the company's financial losses during the same period last year.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
The European Commission has launched 46 projects across sixteen countries to reduce reliance on China for vital raw materials like lithium and copper. These initiatives, supported by prioritized permits and funding assistance, aim to significantly boost domestic processing and recycling capacity by 2030.
VNO-NCW chairman Coen van Oostrom has warned the Dutch government and labor unions that the current economic model is unsustainable and risks leading the country toward a decline similar to Belgium. He calls for urgent structural reforms, including a more efficient social security system and proactive measures to retrain workers for the future of artificial intelligence.
Beginning in 2029, homeowners in the Netherlands must install hybrid heat pumps instead of gas-fired boilers when replacing their heating systems. The government plans to exempt apartments and monuments, while a decision on future subsidies for these costly installations is expected by 2027.
The municipality of Amsterdam is testing fill-level sensors in waste containers to optimize collection routes and reduce overflow. A trial with glass containers has already shown that smarter monitoring can improve efficiency, with plans to expand the sensor program by 2028.
Global stock markets have experienced significant declines driven by growing investor anxiety over debt levels and potential demand slowdowns in the artificial intelligence sector. Major indices, including the Nasdaq and various Asian benchmarks, saw substantial losses as chipmakers and tech-related stocks faced a worldwide sell-off.
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