Latest Corporate News News
Mitsubishi Electric to ship new 5th-generation SiC-MOSFET samples
Mitsubishi Electric said it will begin sequentially shipping samples in late June of two new 5th-generation silicon carbide MOSFETs in bare-die form. The company says the devices offer about 25% lower on-resistance than existing products, which should improve efficiency in electric vehicles and other power applications.
European Commission unveils tech sovereignty package targeting cloud infrastructure
The European Commission presented a sweeping package to reduce dependence on U.S. and Chinese technology providers, with cloud services as the main focus. The draft would create four levels of digital sovereignty requirements for public-sector cloud purchases, and the strictest tier could effectively exclude non-European companies from contracts in sensitive sectors such as defense and health care.
Hungary lifts veto on Ukraine and Moldova EU accession talks
Hungary ended its two-year veto on Ukraine’s bid to join the European Union, allowing the process to move into the next phase. The breakthrough lets Ukraine and Moldova formally open the first cluster of negotiations, marking a major political step for both countries.
Trump administration proposes new tariffs on imports tied to forced labor probe
The Trump administration proposed tariffs of 10% or more on products from dozens of countries, including Canada, after a probe into imports allegedly made with forced labour. The U.S. Trade Representative said the action is meant to address unfair competition, although the final decision is still expected in July.
Global shipping and supply chains face fresh tariff uncertainty
The proposed tariff move adds another layer of uncertainty for multinational manufacturers, exporters, and logistics firms that rely on cross-border supply chains. Companies exposed to North American trade flows could face higher costs if the proposal is adopted in its current form.
Mitsubishi Electric advances EV and industrial power electronics strategy
The new SiC-MOSFET announcement signals continued corporate investment in power-semiconductor technology, a key area for EV drivetrains, energy systems, and industrial equipment. Lower resistance in silicon carbide devices typically improves performance and reduces heat loss, which can help manufacturers cut energy consumption and system size.
EU pushes corporate demand for European chips
Alongside its tech sovereignty package, the European Commission is trying a new approach to semiconductor policy by stimulating demand for European chips rather than relying only on subsidies. The strategy reflects a broader effort to strengthen domestic industrial capacity and reduce strategic dependence on foreign suppliers.
CBS fires longtime 60 Minutes correspondent Scott Pelley
CBS dismissed veteran correspondent Scott Pelley after reported clashes with the network’s new management. The move highlights continued instability in major media corporations as they confront internal editorial disputes and pressure over reporting standards.
Canadian film and television sector gets new government funding after tariff-related fallout
Following trade pressures and a broader policy dispute, Ottawa is injecting C$600 million into the Canadian film and television sector. The funding is intended to support domestic production activity and offset disruption created by the shifting policy environment.
Kuwait airport briefly closed after drone strike damage
Kuwait briefly shut its main airport after Iranian drones severely damaged a terminal and killed one person, injuring dozens. The incident underscores how regional conflict is spilling into infrastructure and commercial operations, with implications for airlines, insurers, and transport-linked businesses.
European firms weigh new digital procurement rules for sensitive sectors
The Commission’s proposed sovereignty framework would require public authorities to consider digital sovereignty levels when buying cloud services. For corporate cloud providers, this could reshape procurement access in defense, health care, and other sensitive markets if the proposal advances.