Business

Samsung Electronics posts record profit in Q2 as AI-driven chip boom lifts earnings Samsung Electronics record profit: Q2 operating profit hit 89.4 trillion won (~€51bn), driven by surging AI demand …

Germany’s Shift to the Platform Economy Deepens, FAZ List Shows FAZ archive findings show Germany still houses major revenue giants, but investor value now favors scalable platform economy models, pressuring …

Material shortages in Germany climb to 17.2% of firms in June, ifo Institute finds Material shortages in Germany climbed nationwide to 17.2% of firms in June, the ifo Institute reports, …

Proxima Fusion Raises €411 Million in Record Round, Becomes Europe’s Most Valuable Fusion Company Proxima Fusion raises €411M at a €2.4B valuation, attracting RWE and Google as investors and funding …

German start-ups Hit Record with 3,053 New Companies in First Half of 2026 Record 3,053 German start-ups launched in Jan–Jun 2026, propelled by AI and software founders and rising amid …

Toyota shifts truck production to the USA as Microsoft cuts jobs and TKMS eyes big Canadian submarine deal Toyota shifts truck production to the USA in a $3.6B move, while …

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 …

TKMS 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, …

Canada 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 …