German start-ups funding rises to €1.7bn in Q1 as AI captures majority of capital German start-ups funding climbed to €1.7 billion in the first quarter, driven by a surge in …
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Technology
SAP acquires Prior Labs, invests €1 billion to build global AI lab
by Helga Moritzby Helga MoritzSAP acquires Prior Labs, pledges over €1 billion to build global AI laboratory SAP acquires Prior Labs and will invest more than €1 billion over four years to create a …
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Business
UniCredit shareholders approve €6.7 billion capital increase to launch Commerzbank takeover
by Leo Müllerby Leo MüllerUniCredit takeover of Commerzbank advances after shareholders approve €6.7bn capital increase UniCredit takeover of Commerzbank advances as shareholders approve a €6.7bn capital increase. Formal offer due May 5, 2026; shareholders …
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Business
GameStop launches $56 billion bid to acquire eBay and challenge Amazon
by Leo Müllerby Leo MüllerGamestop bids for eBay with $56 billion offer aiming to take on Amazon Gamestop bids for eBay in a $56 billion cash-and-stock proposal that would see CEO Ryan Cohen lead …
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Business
GameStop launches $56 billion bid to acquire eBay and challenge Amazon
by Leo Müllerby Leo MüllerGameStop bid for eBay: Ryan Cohen offers $56 billion cash-and-stock takeover GameStop bid for eBay: Ryan Cohen has proposed a roughly $56 billion cash-and-stock offer, including $125 per share and …
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Business
Klingbeil’s German Budget 2027 Faces Criticism Over 200 Billion Euro Borrowing
by Leo Müllerby Leo MüllerKlingbeil 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. …