Cisco raises revenue outlook to $62.8–63.0B after surge in AI infrastructure orders Cisco raises revenue outlook to $62.8–63.0B after strong AI infrastructure orders from cloud providers, signaling demand for networking …
billion
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Business
Siemens acquires Mermec in €1.2 billion deal to strengthen rail signaling
by Leo Müllerby Leo MüllerSiemens acquires Mermec’s core rail business in deal reported near €1.2bn Siemens acquires Mermec’s core rail business, reported near €1.2bn, boosting its signal and diagnostics portfolio and targeting significant revenue …
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Business
eBay rejects GameStop US$55 billion takeover offer, citing financing doubts
by Leo Müllerby Leo MüllereBay Rejects GameStop $55 Billion Takeover Offer eBay rejects GameStop takeover bid, citing unclear financing and debt risks; CEO Paul Pressler says the proposal is not credible against eBay’s recent …
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Business
eBay rejects GameStop $55 billion takeover bid citing financing and debt concerns
by Leo Müllerby Leo MüllereBay Rejects GameStop Takeover Bid, Calls $55 Billion Proposal “Not Credible” eBay rejects GameStop takeover bid, calling the $55 billion proposal “neither credible nor attractive,” citing financing doubts, debt risks …
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World
Aramco CEO Warns Global Oil Supply Lost One Billion Barrels After Q1 Profit Surge
by anna walterby anna walterAramco CEO warns world lost around one billion barrels of oil supply in two months Aramco CEO Amin Nasser says the world lost around one billion barrels of oil supply …
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Technology
Deepseek, Chinese AI developer, seeks $3–4 billion in inaugural funding round
by Helga Moritzby Helga MoritzDeepseek Funding: Chinese AI Developer Seeks $3-4 Billion in First Financing Deepseek seeks $3-4 billion in its first funding round to speed AI model development, expand capacity and attract global …
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Business
AfD pension plan unaffordable as 70 percent pledge would cost €165 billion
by Leo Müllerby Leo MüllerAfD pension policy scrutinized: Costs, statistics and constitutional hurdles AfD pension policy analyzed: official data, OECD comparisons, and why plans to lift the pension level to 70% would add €165bn …
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Business
Rheinmetall offers to finish F126 frigate project for 12 billion euros
by Leo Müllerby Leo MüllerRheinmetall offers to finish troubled F126 frigate programme in multi-billion euro bid Rheinmetall proposes to complete the F126 frigate programme for Germany, offering to assume construction and delivery amid rising …
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Business
German gold reserves could unlock €438 billion to plug budget gap
by Leo Müllerby Leo MüllerGerman gold reserves emerge as a possible source to close widening budget gap German gold reserves valued around €438bn could be used to close a growing budget gap, prompting debate …
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Business
German tax forecast signals €87.5 billion revenue shortfall through 2030
by Leo Müllerby Leo MüllerGerman tax forecast shows €87.5bn revenue shortfall to 2030 as 2026 receipts fall below €1 trillion German tax forecast: government revenues projected down €87.5bn through 2030; 2027 federal receipts cut …