Nvidia earnings surge with $58 billion quarterly profit and $80 billion buyback Nvidia earnings jump as the chipmaker posts nearly $58 billion net income and $81 billion revenue, raising guidance …
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Politics
Hungary Announces Closer Foreign Policy Alignment with Poland to Secure EU Funds
by Hans Ottoby Hans OttoPéter Magyar Pledges Closer Hungary–Poland Coordination on Foreign Policy During Warsaw Visit Péter Magyar visits Warsaw to announce closer Hungary-Poland coordination on foreign policy, aiming to restore rule of law …
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Business
EU announces import ban on Brazilian meat over antibiotic noncompliance
by Leo Müllerby Leo MüllerEU import ban on Brazilian meat to take effect Sept. 3, 2026 amid antibiotic-trace concerns EU import ban on Brazilian meat starts Sept. 3, 2026 after Brussels says Brazil cannot …
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Business
Mercedes accused by IndustriALL of threats and campaign payments as union announces joint agreement
by Leo Müllerby Leo MüllerIndustriALL Accuses Mercedes of Worker Intimidation, Unveils Joint Labor Agreement IndustriALL accuses Mercedes of threatening employees and funding anti-union campaigns, and unveils a joint agreement to coordinate international labor action. …
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Ford Europe pledges five Europe-built models by 2029 under new chief Jim Baumbick Ford Europe chief Jim Baumbick vows five Europe-built models by 2029, Renault partnerships and production in France …
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Business
Commerzbank announces 3,000 job cuts via AI to fend off UniCredit takeover
by Leo Müllerby Leo MüllerCommerzbank job cuts: bank to reduce about 3,000 roles, cites AI-driven savings while resisting UniCredit takeover Commerzbank job cuts: Bank plans roughly 3,000 role reductions using AI and cuts to …
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Politics
Hezbollah-Israel ceasefire extended 45 days, US announces following Washington talks
by Hans Ottoby Hans OttoUS Announces 45-Day Extension of Hezbollah-Israel Ceasefire US announces 45-day extension of the Hezbollah-Israel ceasefire; military talks set for May 29, 2026 and diplomatic meetings on June 2–3, 2026 in …
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Politics
Hezbollah‑Israel ceasefire extended 45 days as US announces Washington talks
by Hans Ottoby Hans OttoUS Announces 45-Day Extension of Hezbollah-Israel Ceasefire as Talks Continue in Washington The US says the Hezbollah-Israel ceasefire will be extended 45 days, announced May 15, 2026, as Pentagon and …
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Business
Bosch announces 28,000 job cuts as it pivots away from battery production
by Leo Müllerby Leo MüllerBosch restructuring: German cuts and strategic shift as auto industry pivots to electrification Bosch restructuring prompts plans to cut about 28,000 jobs in Germany as the supplier recalibrates amid falling …
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Business
Commerzbank announces 3,000 job cuts citing AI to repel UniCredit takeover
by Leo Müllerby Leo MüllerCommerzbank Job Cuts: Bank to Shed About 3,000 Positions, Cites AI as Key Cost Driver in Bid Defense Commerzbank job cuts: the bank plans roughly 3,000 role reductions tied to …