Intel, Germany sign agreement for $32.8 billion chip plant

Intel and the German government have signed a deal that would see the U.S. company investing more than 30 billion euros ($32.8 billion) in a chip manufacturing site in the German city of Magdeburg, with financial support from Berlin.

Word of the agreement came as German Chancellor Olaf Scholz met Intel CEO Pat Gelsinger in the German capital.

Competition authority launches probe into Google

Türkiye's Competition Board has launched a probe into Google to investigate the allegations that the company abuses its dominant position in the market.

The authority completed its preliminary assessments regarding the entity, which consists of Alphabet Inc., Google LLC., Google International LLC., Google Ireland Limited and Google's Turkish advertising unit.

CCHBC buys Finlandia vodka

Athens-listed Coca-Cola Hellenic Bottling Company has announced the acquisition of Finlandia vodka from Brown-Forman Finland, for $220 million.

Founded in 1970, Finlandia is a leading vodka brand in Central and Eastern Europe with annual volumes of 2.7 million nine-liter cases worldwide, of which more than 60% is produced within the Coca-Cola HBC geographical footprint.