Snabbit funding round seen near $50–55M as Bengaluru instant house-help startup nears $400M valuation Snabbit funding poised to close at roughly $50–55 million, valuing the Bengaluru instant house-help startup at …
million
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Business
Feralpi invests €120 million to expand Riesa rolling mill and boost output
by Leo Müllerby Leo MüllerFeralpi Riesa investment: Italian steelmaker opens €120m rolling mill and bets on German recovery Feralpi Riesa investment: Italian steelmaker opens €120m mill, raising capacity to 1.3M t and betting on …
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Technology
Palantir records reveal IRS paid $130 million for financial crime investigations
by Helga Moritzby Helga MoritzPalantir IRS contract revealed as $130M program powering federal investigations Records show the Palantir IRS contract has totaled $130 million since 2018 to power Lead and Case Analytics across federal …
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Business
Providence House sale sets UK private house record at £275 million
by Leo Müllerby Leo MüllerProvidence House sale in Chelsea sets new UK private-house record at over £275m Providence House sale in Chelsea sets a UK private-house record at more than £275m (~€320m), spotlighting political …
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Business
Tanker Elka Delphi diverts 55 million liters of US diesel to Durban
by Leo Müllerby Leo MüllerUS diesel shipments diverted to Durban after higher bids, leaving Amsterdam deliveries short US diesel shipments bound for Amsterdam were diverted to Durban in April after higher bids; tankers including …
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Technology
India mobile app market grows 33% as Q1 in-app purchases top $300 million
by Helga Moritzby Helga MoritzIndia mobile app market posts $300M+ in Q1 as non-gaming apps and AI drive growth India mobile app market posts $300M+ in Q1 in‑app purchases as non‑gaming, video streaming and …
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Business
Volkswagen CEO Blume considers cutting global production by one million vehicles
by Leo Müllerby Leo MüllerVolkswagen production cuts loom as CEO signals major capacity reduction Volkswagen production cuts are under consideration, with CEO Oliver Blume telling Manager Magazin that the group is weighing a significant …
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Business
German Finance Ministry reveals Iran war reduces tax revenue by €20.8 million
by Leo Müllerby Leo MüllerGermany’s fuel tax revenue falls short as higher pump prices leave federal budget with a net loss, ministry model shows Model by Germany’s finance ministry indicates VAT gains are outweighed …
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Technology
GRAI raises $9 million seed to give artists control over AI remixes
by Helga Moritzby Helga MoritzGRAI raises $9M to build AI music remixing apps that let fans reshape tracks while protecting artist control GRAI secures $9M seed to develop AI music remixing tools that let …
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Politics
Hülya Iri faces Hannover probe over alleged misuse of 1.2 million euros
by Hans Ottoby Hans OttoHülya Iri and Daughter Face Criminal Probe Over Alleged Misuse of €1.2m in Integration Funds Hannover prosecutors have opened an investigation into Hülya Iri on suspicion of breach of trust …