German 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
Porsche SE posts €923m Q1 loss after €1.3bn Volkswagen write-down
by Leo Müllerby Leo MüllerPorsche SE posts €923m Q1 loss after €1.3bn Volkswagen write-down Porsche SE posts €923m first-quarter loss after a €1.3bn Volkswagen write-down; adjusted operating profit fell to €382m as CEO cites …
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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 …
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Business
Daimler Truck posts 80 percent profit plunge, plans 5,000 German job cuts
by Leo Müllerby Leo MüllerDaimler Truck Q1 Profit Plunges 80% as North American Weakness Hits Sales Daimler Truck reports an 80% fall in first-quarter profit to €149 million, with revenue down 13% to €9.98 …
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BMW Q1 results: Net profit falls 23% to €1.67bn as Zipse prepares to step down BMW Q1 results show a 23% drop in net profit to €1.67bn and an 8.1% …
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Business
Unicredit posts record Q1 profit, raises 2026 outlook, opens Commerzbank exchange window
by Leo Müllerby Leo MüllerUnicredit record profit boosts takeover push as Commerzbank exchange period opens Unicredit record profit for Q1 2026 fuels its Commerzbank takeover push; net income rose to €3.2bn and a six-week …
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Technology
AWS posts strongest growth in 15 quarters with 25% Q1 revenue surge
by Helga Moritzby Helga MoritzAmazon Web Services growth surges as Q1 cloud revenue rises 25% to $37.6B AWS growth jumps 25% as Amazon posts $37.6B in Q1 cloud revenue, citing surging AI demand; Andy …
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Business
BP posts Q1 profit rise to $3.2 billion as oil trading outperforms
by Leo Müllerby Leo MüllerBP profit jumps to $3.2 billion in Q1 as oil trading offsets Middle East disruption BP profit rises to $3.2bn in Q1 as oil trading and higher Gulf of Mexico …
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Business
SAP posts robust Q1 as cloud revenue surges 19% and backlog rises 20%
by Leo Müllerby Leo MüllerSAP Q1 results: Cloud revenue climbs 19% as AI demand lifts profit but company warns of Q2 slowdown SAP Q1 results: cloud revenue up 19% and adjusted EBIT +17%. Company …
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Business
Tesla posts higher revenue and profit as deliveries rise amid Musk controversies
by Leo Müllerby Leo MüllerTesla Quarterly Results: Revenue and Profit Rise as Deliveries Increase Tesla quarterly results show revenue and profit growth driven by higher deliveries, with controversies around Elon Musk still weighing on …