Toyota shifts truck production to the USA as Microsoft cuts jobs and TKMS eyes big Canadian submarine deal Toyota shifts truck production to the USA in a $3.6B move, while …
billion
-
Business
GdW warns new-build investment could fall to €6 billion in 2026
by Leo Müllerby Leo MüllerGdW Warns of New-Build Investment Slump in Germany GdW warns of a new-build investment slump as construction costs cut 2026 new-build spending to €6bn; urges ‘type E’, faster approvals and …
-
Business
EasyJet reaches preliminary deal with Castlelake on £5.5 billion bid
by Leo Müllerby Leo MüllerEasyJet takeover edges closer as Castlelake secures “principal agreement” with airline board Castlelake bids £6.90 per share for EasyJet, agreeing a principal deal with the board; the proposed EasyJet takeover …
-
Technology
Trump memecoin Nansen analysis finds nearly 1 million investors lost $3.8 billion
by Helga Moritzby Helga MoritzNearly $3.8 Billion Lost by Investors in Trump Memecoin, Nansen Finds Nansen finds nearly 1 million investors lost $3.8 billion buying the Trump memecoin $TRUMP; price collapse and policy shifts …
-
Technology
Mistral AI announces July open-weight model and €4 billion AI cloud plan
by Helga Moritzby Helga MoritzMistral AI Faces Scrutiny as It Ramps Enterprise Deployments, Infrastructure and an Open-Weight Model Mistral AI clarifies its strategy amid scrutiny, focusing on enterprise deployments, an open-weight model due in …
-
Politics
German Budget Draft Reveals €607 Billion Military Plan Allocating 30%
by Hans Ottoby Hans OttoGerman federal budget draft directs nearly one-third of spending to military buildup German federal budget draft allocates €607 billion to defence over four years; 2030 military spending would reach €183 …
-
European defense funding splits as KNDS delays IPO and Quantum Systems nets $1.2 billion KNDS postpones its long-planned IPO amid weak investor appetite while Munich’s Quantum Systems secures $1.2bn—signaling a …
-
Business
Quantum Systems announces $1.2 billion funding round valued at $8 billion
by Leo Müllerby Leo MüllerQuantum Systems raises $1.2 billion in funding, valuing the German drone maker at $8 billion Quantum Systems raises $1.2 billion, valuing the German drone maker at $8 billion. Funding will …
-
Business
Google Ordered to Pay €4.1 Billion After EU Court Confirms Antitrust Fine
by Leo Müllerby Leo MüllerEuropean Court Confirms €4.1 Billion Google EU Fine Over Android Bundling European Court upholds €4.1bn Google EU fine for bundling preinstalled apps on Android, reinforcing Brussels’ antitrust ruling and potential …
-
Technology
Microsoft Paid $28.7 Billion in Global Corporate Taxes, Second Only to Apple
by Helga Moritzby Helga MoritzMicrosoft corporate tax payments reach $28.7 billion, second only to Apple, report finds Report: Microsoft corporate tax payments totaled $28.7 billion worldwide, placing the company second among US tech giants …