Klingbeil budget 2027 draws fire as Germany’s borrowing nears €200 billion Lars Klingbeil’s budget 2027 blueprint is criticized for soaring borrowing, rising debt service and fiscal gaps projected to reach …
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Politics
Germany plans to cut health insurance tax subsidy by €2 billion from €14.5 billion
by Hans Ottoby Hans OttoGermany to Cut Tax Subsidy for Statutory Health Insurance by €2 Billion Germany to cut the tax subsidy for statutory health insurance by roughly €2 billion next year, reducing public …
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Business
BP posts Q1 profit rise to $3.2 billion as oil trading outperforms
by Leo Müllerby Leo MüllerBP profit jumps to $3.2 billion in Q1 as oil trading offsets Middle East disruption BP profit rises to $3.2bn in Q1 as oil trading and higher Gulf of Mexico …
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Business
Shell announces $16.4 billion ARC takeover as Bayer shares fall
by Leo Müllerby Leo MüllerCompany liveblog: Bayer, Shell and Eli Lilly headline market moves after major legal hearing and takeover bids Company liveblog: Bayer shares fall after Supreme Court hearing; Shell unveils $16.4bn ARC …
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Business
Rheinmetall wins €1.04 billion Bundeswehr contract for infantry systems
by Leo Müllerby Leo MüllerBundeswehr Awards Rheinmetall €1.04 Billion Contract for New Infantry Systems Bundeswehr awards Rheinmetall €1.04bn contract for Infanterist der Zukunft systems, equipping 8,600 troops with vests, night vision and tablets, 2027–2029. …
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Technology
Social media scams cost Americans $2.1 billion in 2025, FTC finds
by Helga Moritzby Helga MoritzAmericans Lost $2.1 Billion to Social Media Scams in 2025, FTC Says FTC report: U.S. consumers lost $2.1 billion to social media scams in 2025, an eightfold rise; shopping, investment …
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Politics
Rheinmetall wins €1.04 billion Bundeswehr contract for infantry systems for 8,600 soldiers
by Hans Ottoby Hans OttoRheinmetall Wins €1.04bn Bundeswehr Infantry Equipment Contract Rheinmetall secures €1.04bn Bundeswehr contract to supply infantry equipment — body armor, night-vision and soldier tablets — for 8,600 troops from 2027–29. The …
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Technology
Intel beats estimates with $13.6 billion revenue and $0.29 adjusted EPS
by Helga Moritzby Helga MoritzIntel quarterly revenue climbs 7% to $13.6B, far exceeding analyst forecasts Intel quarterly revenue rose 7% year-on-year to $13.6 billion, beating expectations as adjusted EPS reached $0.29 vs. the $0.01 …
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Technology
Google invests $10 billion in Anthropic and may unlock $30 billion
by Helga Moritzby Helga MoritzGoogle investment in Anthropic reaches $10 billion with up to $40 billion possible Google investment in Anthropic injects $10 billion now and up to $40 billion total if targets are …
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Business
VAT increase could raise nearly €50 billion as government weighs plan
by Leo Müllerby Leo MüllerGermany Considers VAT Increase as Quick Fix to Close Budget Gap Government weighs raising VAT to bolster revenues; economists estimate €30–€50bn gain, but experts warn of regressive effects and inflationary …