Brothers Behind Melius and BE: From Newspaper Rounds to a Dubai-Based Tech Outfit Three brothers who founded Melius and later rebranded as BE rose from modest beginnings to build a …
Leo Müller
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Business
TKMS named preferred bidder to build Canada’s new submarine fleet
by Leo Müllerby Leo MüllerTKMS Named Preferred Bidder to Build Canada’s New Submarine Fleet Canada names TKMS preferred bidder to build a new submarine fleet: up to CAD 60 billion deal, major industrial investments, …
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Business
Thyssenkrupp’s TKMS wins Canadian contract to build up to twelve submarines
by Leo Müllerby Leo MüllerCanada awards TKMS contract to build up to 12 submarines for Royal Canadian Navy Canada has selected Thyssenkrupp Marine Systems (TKMS) as the preferred builder of up to 12 new …
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Business
Germany moves to pass Strom-VKG to secure reserve power capacity
by Leo Müllerby Leo MüllerGermany advances reserve power plants strategy to prevent “Dunkelflauten” Germany advances a power-plant strategy to prevent ‘Dunkelflauten’, raising auction bid caps to €244,000/MW while requiring H2-ready gas plants this summer. …
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Business
GdW warns new-build investment could fall to €6 billion in 2026
by Leo Müllerby Leo MüllerGdW Warns of New-Build Investment Slump in Germany GdW warns of a new-build investment slump as construction costs cut 2026 new-build spending to €6bn; urges ‘type E’, faster approvals and …
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Business
EasyJet reaches preliminary deal with Castlelake on £5.5 billion bid
by Leo Müllerby Leo MüllerEasyJet takeover edges closer as Castlelake secures “principal agreement” with airline board Castlelake bids £6.90 per share for EasyJet, agreeing a principal deal with the board; the proposed EasyJet takeover …
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Microsoft layoffs: 4,800 jobs cut worldwide as Xbox to shed 3,200 roles Microsoft layoffs: Company will cut 4,800 positions globally, mostly in Xbox where 3,200 roles will go; 1,600 cuts …
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Business
TKMS Shares Surge After Thyssenkrupp Unit Reportedly Beats South Korean Rival for Submarine Contract
by Leo Müllerby Leo MüllerMedia report fuels TKMS submarine order speculation as shares climb A media report suggesting a TKMS submarine order lifted Thyssenkrupp Marine Systems shares after it was reported the firm beat …
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Business
Deutsche Bahn estimates €8.57bn Brenner North access project, warns of €7.6bn contingency
by Leo Müllerby Leo MüllerDeutsche Bahn pegs Brenner-Nordzulauf planning and construction at €8.57bn amid large risk and inflation reserves Deutsche Bahn estimates the Brenner-Nordzulauf will require €8.57bn for planning and construction, with nearly €7.6bn …
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Opening a Café: Two Years On, Owner Works 80 Hours for €1,400 Net After opening a café, owner Monique Eichhorn now works up to 80 hours a week and nets …