Stellantis strategy: Filosa outlines €190bn target and 7% margin with battery and Tata partnerships Stellantis strategy: CEO Antonio Filosa reveals a five-year plan to hit €190bn revenue and 7% margin …
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Technology
Infineon opens €5 billion Dresden chip plant in early July boosting European capacity
by Helga Moritzby Helga MoritzInfineon 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 …