Confidential Files Expose Red Cross Billion-Dollar Business in Germany Confidential files reveal how the Red Cross billion-dollar business in Germany operates, exposing fierce competition over contracts, revenues and governance. The …
business
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Business
Ifo business climate index rises slightly in May despite Iran war
by Leo Müllerby Leo MüllerIfo business climate index edges up to 84.9 in May as services rebound Ifo business climate index edges to 84.9 in May as services rebound; German economy shows fragile stabilization …
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Business
Siemens reports mixed Q2 with digital business up 19% and €6bn buyback
by Leo Müllerby Leo MüllerSiemens Q2 results show mixed quarter with €2.2bn profit, strong digital growth and €6bn buyback Siemens Q2 results: €2.2bn net profit as FX headwinds dent growth; Digital Industries and Smart …
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Business
Wolters Kluwer warns AI threatens its business model as investors raise concerns
by Leo Müllerby Leo MüllerWolters Kluwer faces investor unease as CEO Stacey Caywood pledges trusted specialist content and cautious AI expansion after acquiring Berlin legaltech Libra Wolters Kluwer faces investor unease as CEO Stacey …
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Technology
SpaceX confirms weekly launches and failures are factored into business model
by Helga Moritzby Helga MoritzIndustry Adopts Routine Rocket Failures as Part of Fast-Paced Satellite Upgrade Cycle Experts say routine rocket failures are built into a fast-paced launch economy, with weekly flights accelerating satellite upgrades …
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Business
Ifo Business Climate Index drops to pandemic-era low amid Iran war
by Leo Müllerby Leo Müllerifo business climate index falls to pandemic-era low as Iran war and Hormuz blockade hit German firms IFO business climate index falls to 84.4 in April, lowest since COVID; Iran …
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Technology
Software maker warns AI assistant Joule must prove business value within months
by Helga Moritzby Helga MoritzKlein Says AI Must Prove Business Value Within Months as Joule Faces Refinement Company executive orders rapid proof of AI ROI and plans to accelerate product development to match startup …
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Politics
French billionaires court Marine Le Pen amid business alignment with far right
by Hans Ottoby Hans OttoFrench business leaders begin meeting Marine Le Pen as media ties tighten French business leaders engage with Marine Le Pen as media moguls reshape outlets, signaling convergence of corporate power …
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Business
Aegon sells UK life business to Standard Life for £2 billion
by Leo Müllerby Leo MüllerAegon sells UK business to Standard Life in deal valued at about £2bn Aegon sells UK business to Standard Life for £2bn, retaining UK asset management as it completes its …