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Meta Declines to Sign EU's Voluntary AI Code Amid Regulatory Impasse
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Meta has confirmed it will not sign the European Union's voluntary code of conduct for general-purpose artificial intelligence, just two weeks before the bloc's binding Artificial Intelligence Act takes effect on August 2, 2025. The social media giant cited "legal uncertainty" introduced by the voluntary guidelines and argued they exceed the scope of existing regulations, creating potential compliance risks for companies.more
Portugal: A Rising Star in the Luxury Shoe Export Market
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Portugal, a traditional shoe - making powerhouse in Europe, has undergone a remarkable transformation. In recent years, it has strategically shifted its focus from the mid - to - low - end market to the high - end segment, and as a result, has emerged as the world's second - largest luxury shoe exporter, trailing only Italy.more
Malaysia Imposes Controls on AI Chip Exports
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Malaysia’s Ministry of International Trade and Industry announced on July 14 that all U.S.-made high-end AI chips must now secure a "strategic goods trade license" and notify authorities 30 days in advance for export, transshipment, or transit through the country. Individuals or firms evading controls face severe legal penalties. Malaysia also stated it is considering adding U.S. high-end AI chips to its strategic goods list.more
Douro: Portugal's Premier Wine - Producing Powerhouse
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Nestled within the heart of Portugal, the Douro region reigns supreme as the nation’s most pivotal wine - producing area. Renowned for crafting exceptional wines, Douro has earned a global reputation, captivating wine enthusiasts with its richly flavored offerings and establishing itself as a cornerstone of the country’s viticultural heritage.more
Ambuja Cement: India's Prominent Player Securing Second Spot in Asian Market Capitalization
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Ambuja Cement, hailing from India, has firmly established itself as a key entity in the global cement industry, holding the second - place position in terms of market capitalization across Asia. This achievement reflects the company's robust business model, operational efficiency, and its ability to thrive in a highly competitive market.more
France's Manufacturing Sector: Past, Present and Future
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France's manufacturing sector, once the powerhouse of its postwar economic recovery, has undergone significant changes. Currently, it stands as the world's 8th largest and contributes around 10% to the country's GDP, employing about one - fourth of the workforce.more
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Samsung Electronics has officially launched its new foldable smartphones, the Galaxy Z Fold 7 and Z Flip 7, with pre-orders now fully open. The most notable upgrade in this iteration is the significantly slimmer body, which offers improved portability and has won widespread praise from early reviewers. However, this engineering breakthrough has also pushed up product costs and repair risks.more
Niron Magnetics Revolutionizes Magnet Technology with Rare-Earth-Free Breakthrough
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Minneapolis, July 23, 2025 – Minneapolis-based Niron Magnetics has unveiled a groundbreaking rare-earth-free permanent magnet technology, poised to reshape the global materials landscape. The innovation, utilizing iron-nitrogen composites, matches the performance of conventional neodymium-iron-boron (NdFeB) magnets while eliminating supply chain risks associated with rare earths and reducing production costs.more
Intel Drops Out of Top 10 Semiconductor Companies, Faces $16.6B Quarterly Loss
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Intel CEO Lip-Bu Tan publicly acknowledged in a recent internal meeting that the company has fallen out of the global top 10 semiconductor firms due to years of strategic missteps, revealing a staggering $16.6 billion loss in Q3 2024 . This marks the worst quarterly performance in Intel’s 57-year history, driven by $15.9 billion in accelerated depreciation costs tied to underperforming Intel 7 manufacturing assets and Mobileye’s goodwill impairment . To reverse its fortunes, the board approved a new strategy centered on edge AI and agent AI, coupled with global layoffs and business restructurimore
Development Status and Models of Overseas Rural Tourism
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: In recent years, the market scale of overseas rural tourism has been showing a continuous growth trend. Take Europe as an example, rural tourism has become an important part of the tourism industry in many countries.more
UK's Academic and Biopharmaceutical Powerhouses Shaping Global Landscapes
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The United Kingdom stands as a global hub of academic excellence and biopharmaceutical innovation, boasting world - renowned institutions and industry giants. With prestigious establishments like the University of Oxford and the University of Cambridge leading the research front, and pharmaceutical powerhouses such as AstraZeneca and GlaxoSmithKline driving medical advancements, the UK has firmly secured its place at the forefront of global knowledge and healthcare.more
Germany: A Global Leader in Renewable Energy Innovation
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Germany has firmly established itself as a pioneer in the development and utilization of renewable energy sources, leading the world in technologies ranging from solar and wind power to biomass, geothermal, and hydroelectric energy. With a steadfast commitment to transitioning to a low - carbon economy, the country has become a benchmark for sustainable energy practices globally, demonstrating how innovation and policy can drive a radical transformation of the energy sector.more