China economy growth slows to 4.3% in Q2 as exports surge while domestic demand weakens China economy slows: Q2 GDP up 4.3% year-on-year, missing forecasts; exports surge while consumption, investment …
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Technology
OpenAI advisers warn of weak retail demand, urge IPO delay to 2027
by Helga Moritzby Helga MoritzOpenAI IPO Faces Delay as Advisers Urge Choice Between $1 Trillion Valuation and Sooner Listing Advisers warn low retail demand could push the OpenAI IPO to 2027 to reach a …
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Business
GfK Reports German Consumer Sentiment Edges Up in July but Remains Weak
by Leo Müllerby Leo MüllerGerman consumer confidence edges up but remains far below pre‑crisis levels GfK and NIM report a slight rise in German consumer confidence to -29.2 for July, but income and purchase …
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Business
Airbus Reports Q1 Profit Plunge Amid Engine Delays and Weak Dollar
by Leo Müllerby Leo MüllerAirbus profit slump amid engine delays and weak dollar dents Q1 results Airbus profit slump in Q1 as engine supply delays and a weak dollar reduced earnings and deliveries; company …
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Business
Lufthansa accuses high-paid staff of causing weak margins during union showdown
by Leo Müllerby Leo MüllerLufthansa crisis deepens as board and unions trade public accusations Lufthansa crisis deepens as management blames high-paid staff for thin margins while unions press pay demands the company calls excessive, …