AI investment surge fuels U.S. growth as data‑center building and supercomputer imports climb U.S. AI investment in data centers and high‑performance computing is driving robust economic growth, with roughly $50 …
growth
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Business
Otto Group posts 24% EBITDA growth and 90% profit surge under female leadership
by Leo Müllerby Leo MüllerOtto Group posts €1.1bn EBITDA as new female leadership signals strategic shift Otto Group posts stronger profits under new female leadership: EBITDA €1.1bn, net income €312m, revenue €13.8bn; restructuring and …
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Technology
Snowflake Forecasts 31% Product Revenue Growth to $5.84 Billion in Fiscal 2027
by Helga Moritzby Helga MoritzSnowflake raises fiscal 2027 product revenue forecast to $5.84 billion, topping estimates Snowflake boosts product revenue outlook to $5.84B for fiscal year ending January 2027, beating February guidance and analyst …
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Business
German economy growth forecast slashed to 0.5 percent by Council of Economic Experts
by Leo Müllerby Leo MüllerGerman growth forecast cut sharply as council warns of energy and trade headwinds Germany growth forecast revised to 0.5 percent in 2026 by the federal economic council amid high oil …
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Business
German economy showed pre-war growth momentum before Middle East conflict, data reveal
by Leo Müllerby Leo MüllerRising energy prices slow German economy’s rebound, Merzometer shows pre-conflict momentum Rising energy costs and geopolitical shocks have weakened the German economy. Merzometer showed growth before 28 February, yet GDP …
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Business
German industry investment stalls as high-tech sectors attract growth, study finds
by Leo Müllerby Leo MüllerIfo-Bertelsmann Report: German industry investment stagnates while high-tech pockets surge Ifo-Bertelsmann study finds German industry investment stagnant overall, with high-tech sectors and Infineon’s €5bn Dresden plant highlighting regional concentration and …
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EU cuts growth forecast for Germany to 0.6% amid energy-price shock EU cuts growth forecast for Germany to 0.6% amid Middle East energy shock; Commission warns higher prices and supply …
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Business
EU Commission halves Germany 2026 growth forecast to 0.6% over energy shock
by Leo Müllerby Leo MüllerEU Commission halves Germany growth forecast to 0.6% amid energy price shock EU Commission cuts Germany’s 2026 GDP growth forecast to 0.6%, citing high energy prices after Iran conflict; EU …
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Business
German economy posts 0.3% first-quarter growth as economists warn of second-quarter contraction
by Leo Müllerby Leo MüllerGerman economy posts 0.3% Q1 growth but outlook clouded by Iran war risks German economy posts 0.3% quarter-on-quarter growth in Q1, but rising oil prices and supply uncertainty from the …
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Business
Würth posts revenue and profit growth as stocked inventories cushion market shocks
by Leo Müllerby Leo MüllerWürth Group posts gains as inventory build-up cushions rising costs Würth Group reports higher sales and operating profit after a deliberate stockpiling strategy helped offset rising energy and geopolitical pressures …