IBM stock plunges nearly 25% after quarterly revenue and EPS miss IBM stock plunged nearly 25% at the U.S. open after IBM reported Q2 revenue of $17.2 billion and adjusted …
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Business
BYD Zhengzhou factory mapped as world’s largest, raising global labor rights concerns
by Leo Müllerby Leo MüllerBYD Zhengzhou factory exposes scale and strains of China’s export-driven production model Satellite imagery shows BYD Zhengzhou factory spans roughly 50 km², highlighting rapid expansion and mounting scrutiny over worker …
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Rents in German cities surged 51% in a decade, DGB analysis shows German rents rose 51% in 10 years, with Berlin up 76.9% and smaller cities seeing the steepest jumps, …
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Technology
Langdock co-CEO and early investor predicts startup will become Europe’s largest AI firm
by Helga Moritzby Helga MoritzJudith Dada named co‑CEO of Langdock as investor steps into executive role Judith Dada, a longtime investor in Langdock, has been appointed co‑CEO of the enterprise AI platform she helped …
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World
Gold overtakes US Treasuries as largest global reserve asset at 27 percent
by anna walterby anna walterGold Now Accounts for 27 Percent of Global Reserve Holdings, Overtaking US Treasuries Gold now accounts for 27 percent of global reserve holdings, overtaking US Treasuries as the world’s largest …
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Business
Arla acquires DMK after EU approval and creates Europe’s largest dairy cooperative
by Leo Müllerby Leo MüllerArla DMK merger to form Europe’s largest dairy cooperative as EU clears deal EU clears Arla DMK merger to form Europe’s largest dairy cooperative on June 1, 2026, uniting 12,000 …