Netflix posts profit and revenue gains as it limits popularity reporting to once a year, but shares slide after guidance miss Netflix posts quarterly revenue and profit growth but will …
announces
-
Business
Germany announces crackdown on tax fraud, ends immunity for voluntary disclosures
by Leo Müllerby Leo MüllerGermany unveils action plan against tax and financial crime, ending self-report immunity Germany unveils a 26-point action plan against tax and financial crime, ending self-report immunity, boosting AI-led detection, tougher …
-
Business
US Announces 25% Tariffs on Brazilian Imports, Brazil Vows WTO Challenge
by Leo Müllerby Leo MüllerUS announces 25% tariffs on Brazil, prompting immediate WTO challenge US unveils 25% tariffs on most Brazilian imports, citing unfair trade practices and Amazon deforestation. Brazil vows reciprocal measures and …
-
Politics
US military announces testosterone testing for service members aged 30 and older
by Hans Ottoby Hans OttoUS military to begin routine testosterone testing for service members 30 and older US military to begin routine testosterone testing for service members 30+, part of annual exams, prompting debate …
-
Business
WMF faces factory closures as Groupe SEB announces up to 600 job cuts
by Leo Müllerby Leo MüllerGroupe SEB to Cut Jobs: WMF Layoffs Hit German Sites Amid Cost-Saving Drive Groupe SEB announces WMF layoffs and factory closures in Germany, cutting jobs to save €200M as retail …
-
Politics
US Announces Sanctions Package Against Cuba Targeting Tourism Ministry and Paramilitaries
by Hans Ottoby Hans OttoU.S. sanctions on Cuba broaden to hit tourism ministry, paramilitary units and state trading firms U.S. sanctions on Cuba expand to include the Tourism Ministry, paramilitary groups and state trading …
-
Business
German Government Announces Law to Bar Berlin from Nationalizing Private Apartments
by Leo Müllerby Leo MüllerFederal Government Moves to Block Berlin Housing Nationalization Federal government moves to block Berlin housing nationalization as city debates expropriation; political, legal and market consequences across Germany. Germany’s federal government …
-
Technology
Yosemite announces first close of $350 million oncology fund backing AI-driven drug discovery
by Helga Moritzby Helga MoritzYosemite venture firm closes first close of second fund, eyes AI-driven oncology breakthroughs Yosemite venture firm secures first close of a $350M-target fund, using AI and philanthropy to build oncology …
-
Business
Volkswagen announces halving of model range, leaves plant and job futures uncertain
by Leo Müllerby Leo MüllerVolkswagen model range to be halved as supervisory board defers plant and job decisions VW to halve model range while supervisory board postpones decisions on plant closures and job cuts; …
-
Business
Meta announces $9.17 billion Alberta data center powered by Pembina gas plant
by Leo Müllerby Leo MüllerMeta data center in Canada: Meta to build $9.17bn facility in Alberta Meta will build a $9.17bn data center in Sturgeon County, Alberta, a one-gigawatt facility that Meta says will …