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OPEC+ may explore cutting oil output by more than a million barrels per day next week in what would be the greatest step to address oil market weakness since the COVID-19 epidemic.

Norway's centre-left government said that it intends to boost taxes on power producers and fish farmers in order to generate an additional 3 billion USD every year.

Mario Draghi's leaving administration and Intel have chosen Vigasio in the northern Veneto area as their preferred location for a new multibillion-euro chip facility in Italy. Intel's investment in Italy is part of a larger plan revealed by the US chipmaker last March to invest up to 77.5 billion USD in capacity expansion across Europe over the next decade.

Chinese electric-car company NIO is trying to capture a piece of Europe's expanding market for electric vehicles by rolling out a battery leasing and swapping network to reduce costs for consumers.

Adobe Inc agreed to buy cloud-based designer platform Figma for 20 billion USD, raising investor concerns about the high price, causing the Photoshop maker's market value to fall by more than 30 billion USD.