Stuttgart 21 cost jumps to €14.5 billion as Deutsche Bahn delays key openings by five years Deutsche Bahn raises Stuttgart 21 cost to €14.5bn and delays major openings to 2027–2033 …
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Business
Hamburg–Berlin rail modernization costs jump to €2.7 billion after delays
by Leo Müllerby Leo MüllerHamburg–Berlin rail modernization costs rise to €2.7bn after prolonged closure Hamburg–Berlin rail modernization costs rise to €2.7bn after extended closure; contingency funds exhausted and ETCS omission risks further disruption. The …
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Politics
Stuttgart 21 announces €3 billion cost increase and 2031 opening delay
by Hans Ottoby Hans OttoDeutsche Bahn confirms €3bn cost rise and delays Stuttgart 21 opening to 2031 Deutsche Bahn raises Stuttgart 21 costs by €3bn to €14.5bn and delays the new underground station to …
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Business
KNDS stake purchase approved as Germany commits 7.2 billion euros
by Leo Müllerby Leo MüllerGermany to Buy Up to €7.2bn Stake to Secure KNDS Ownership Bundestag committee approves up to €7.2bn via KfW for a 40% German stake in KNDS with France; IPO set …
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Business
Bayer wins US Supreme Court ruling, nears $7.25 billion glyphosate settlement
by Leo Müllerby Leo MüllerBayer glyphosate lawsuits hit by Supreme Court preemption ruling, settlement fate now hinges on July hearing Supreme Court rules that federal pesticide approvals preempt state-based failure-to-warn claims, undermining thousands of …
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Business
Merck acquires Bio-Techne for €9.9 billion to boost life science portfolio
by Leo Müllerby Leo MüllerMerck buys Bio‑Techne for €9.9bn to expand life‑science tools in cell and gene therapy Merck buys Bio‑Techne for €9.9bn, expanding life‑science tools for cell and gene therapy. Deal set to …
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Technology
Amazon announces $13 billion AI and cloud investment in India through 2030
by Helga Moritzby Helga MoritzAmazon investment in India jumps by $13 billion to expand AWS AI and cloud infrastructure Amazon investment in India increases by $13B through 2030 to boost AWS data centers and …
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Technology
Micron Forecasts $50 Billion Q4 Revenue and Again Beats Estimates
by Helga Moritzby Helga MoritzMicron projects $50 billion Q4 revenue, far above Street estimates Micron forecasts $50 billion in Q4 revenue, far above Wall Street estimates; Q3 also beat expectations and shares rose after …
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Technology
Hynix launches record $29 billion US ADR listing to boost production capacity
by Helga Moritzby Helga MoritzSK Hynix ADR filing could raise $29 billion in largest-ever US secondary listing SK Hynix ADR filing eyes a $29bn US secondary listing to fund chip capacity expansion and attract …
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Technology
Menlo Ventures announces $3 billion raise tied to $14 billion Anthropic stake
by Helga Moritzby Helga MoritzMenlo Ventures Raises $3 Billion, Driven by Anthropic Stake and 2024 SPV Bet Menlo Ventures has closed a $3 billion raise, the largest in its 50-year history, fueled by gains …