US 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 …
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Technology
Factory raises $150 million at $1.5 billion valuation to accelerate AI-assisted coding
by Helga Moritzby Helga MoritzFactory Raises $150 Million to Power AI-Assisted Coding for Enterprise Engineering Teams Factory secures $150M at a $1.5B valuation to scale AI-assisted coding tools for engineering teams, backed by Khosla, …
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Technology
Slash Financial Raises $100 Million Series C at $1.4 Billion Valuation
by Helga Moritzby Helga MoritzSlash Financial raises $100M Series C at $1.4B valuation Slash Financial secures $100M Series C led by Ribbit, Khosla and Goodwater to scale product, citing $300M annualized revenue and 5,000 …
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Business
Bosch records first loss in years with €400 million after-tax deficit
by Leo Müllerby Leo MüllerBosch Reports First Annual Loss in Years as Restructuring Costs and US Tariffs Bite Bosch posts a €400m after-tax loss as restructuring charges and US tariffs hit results; 2024 profit …
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Health
Medicare Open Enrollment urges 68 million Americans to review plans by December 7
by Dieter Meyerby Dieter MeyerMedicare Open Enrollment: How Beneficiaries Can Compare Plans, Use SHIP Help and Avoid Surprise Costs Medicare Open Enrollment guidance: how beneficiaries can compare plans, use Plan Compare, get free SHIP …