Infineon Dresden fab to open July 2, 2026, marking €5 billion investment in European chip production Infineon opens its €5 billion Smart Power Fab in Dresden on July 2, 2026, …
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Business
Fresenius shareholders demand answers after Vamed probe exposes €1.3 billion hit
by Leo Müllerby Leo MüllerFresenius Under Fire Over Vamed Report as CEO Emphasizes Growth and SAP Partnership Fresenius shareholders pressed executives over a probe into the former Vamed unit at the company’s annual meeting, …
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Business
Stellantis unveils €60 billion 2030 strategy prioritizing Jeep, Ram, Peugeot
by Leo Müllerby Leo MüllerStellantis strategy 2030 — €60bn overhaul centers on Jeep Ram Peugeot and Fiat Stellantis strategy 2030: automaker unveils €60 billion plan, prioritizes Jeep, Ram, Peugeot and Fiat, seeks €6bn annual …
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Business
Meta begins Singapore layoffs and confirms up to $145 billion AI investment
by Leo Müllerby Leo MüllerMeta layoffs in Singapore mark start of company’s 8,000-job cuts as AI shift accelerates Meta layoffs begin in Singapore as the company moves to cut 8,000 jobs globally, reassign 7,000 …
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Business
Nvidia posts nearly $58 billion profit and announces $80 billion buyback
by Leo Müllerby Leo MüllerNvidia 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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Business
SpaceX Plans June 12 IPO Targeting $80 Billion and $2 Trillion Valuation
by Leo Müllerby Leo MüllerSpaceX IPO Targets June 12, 2026, in Bid to Raise Up to $80 Billion SpaceX IPO planned for June 12, 2026, aims to raise up to $80 billion with a …
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Business
SpaceX reportedly targets June IPO and seeks up to $80 billion
by Leo Müllerby Leo MüllerSpaceX IPO Expected in Mid‑June as Musk Seeks Up to $80 Billion SpaceX IPO could arrive in mid‑June, with the company targeting as much as $80 billion in fresh capital …
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Technology
SpaceX seeks record-breaking IPO to raise $80 billion, targets $2 trillion valuation
by Helga Moritzby Helga MoritzSpaceX IPO Could Seek $80 Billion Raise and Valuation Above $2 Trillion, Bloomberg Reports SpaceX IPO may raise up to $80 billion and seek a valuation above $2 trillion, potentially …
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SpaceX IPO Could Launch June 12 as Merger Fuels Trillion‑Dollar Valuation SpaceX aims for a mid‑June listing with the SpaceX IPO expected to seek up to $80 billion in fresh …
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Business
Siemens acquires Italian rail-tech firm Mermec in €1.2 billion deal
by Leo Müllerby Leo MüllerSiemens acquisition of Mermec to bolster rail signaling and diagnostics in Italy Siemens acquisition of Mermec expands its rail signaling and diagnostics footprint in Italy; deal reported near €1.2bn and …