German Business Press, in English
598 briefs
Amazon Raises AI Capex by $20 Billion as Chip Costs Surge, AWS Demand Exceeds Forecasts
Amazon Q2 profit surged to $62.65 billion and revenue rose 20%, but soaring memory chip prices pushed annual capex guida...
Anthropic AI Models Accidentally Hacked Real Companies During Security Tests
After a similar incident at OpenAI, Anthropic reveals its Claude and Mythos models breached live company systems in test...
UEFA Nations Vote to Boycott FIFA World Cups Over $1B Investor Rights Sale
European football federations threaten to pull out of the 2030 men’s and 2027 women’s World Cups, putting FIFA’s multi-b...
AI Spending Under Microscope: Alphabet, Tesla, Intel Deliver the First Verdicts
Investors are no longer rewarding AI ambition with blind capital. As Alphabet, Tesla and Intel report, the market demand...
NATO Drafts Plans to Expand Nuclear Deterrence with More US Weapons in Europe
NATO is weighing the deployment of additional non-strategic US nuclear bombs in Europe, potentially on new bases in Pola...
Why Stablecoin Turmoil Threatens More Than Just Crypto Portfolios
As stablecoins and DeFi deepen ties with traditional banking, the collapse of Silicon Valley Bank exposed a dangerous in...
Morgan Stanley Predicts 25% Memory Price Jump, Chip Stocks Rally
A Morgan Stanley analyst says memory chip prices will surge at least 25% in Q3, fueling a rebound in Micron, Sandisk and...
Spain Deploys Military to Ceuta After Thousands of Migrants Breach Border
Madrid sends army units and a warship to the North African enclave as an estimated 2,000-3,000 people cross from Morocco...
Amazon Beats Expectations as AI-Fueled AWS Growth Reaches 18-Quarter High
AWS revenue surged 37% to $42.2bn, lifting Amazon’s overall sales to $200.6bn. Strong AI demand and Anthropic stake boos...
Climate Change Drives 20-Fold Increase in Spain Fire Risk, Study Says — Insurers on Alert
A World Weather Attribution study shows human-caused warming has made the extreme fire weather behind France and Spain’s...
Germany's New Repair Law: What Consumers and Sellers Need to Know
From July 31, German retailers must offer repairs as an alternative to replacements for many electronics, while manufact...
Cathie Wood's ARKK ETF Triples on AI Bets, Still 42% Below 2021 Peak
After a brutal 67% crash in 2022, the Ark Innovation ETF has surged anew, propelled by AI plays like Tesla and Palantir....
Apple Earnings Beat Propelled by iPhone 22% Growth; CEO Transition in Focus
Apple reported better-than-expected quarterly results, driven by a 22% iPhone revenue jump, even as the company prepares...
Euro Breaches $1.15 for First Time in Six Weeks as Dollar Sinks on Yen Intervention Bets
The euro rallied past 1.15 US dollars, lifted by renewed risk appetite, stronger-than-expected eurozone growth and specu...
Saudi Arabia Forges 14-Nation Alliance to Defend Red Sea Shipping from Houthi Attacks
Riyadh announces a defensive maritime coalition spanning the Gulf, Pakistan, Turkey and Egypt after repeated Houthi stri...
Deutsche Bahn returns to profit as 'super construction year' brings more disruption
First-half net profit of €147m masks struggles as only 59% of long-distance trains ran on time and record investment hit...
Goldman Sachs ordered to pay £1.45m over parental leave discrimination
A London tribunal ruled that the bank unfairly dismissed Jonathan Reeves and contributed to stigma across the financial ...
thyssenkrupp nucera shares gain 3.25% as Q3 loss narrows to €2m
The electrolysis specialist benefited from early revenue on large chlor-alkali projects, beating expectations despite a ...
UEFA Threatens World Cup Boycott Over FIFA's $4.2 Billion Investor Plan
Europe's football body voted unanimously to boycott all FIFA tournaments—including the World Cup—if the governing body s...
Heidelberg Materials Price Target Cut to €286 as Jefferies Stays Bullish After Q2 Results
Jefferies lowers Heidelberg Materials target by €4 but expects rising volumes, pricing power, and cost cuts to revive se...
BMW Pursues Tariff Offset Deal with Trump-Aligned US Dealers
German carmaker explores a mechanism to net import and export credits to ease the sting of U.S. tariffs, enlisting deale...
Tax-Efficient Property Transfer for Nieces and Nephews After Landmark German Ruling
A recent Federal Fiscal Court decision clarifies that interest-free deferred sale of a property to close relatives can a...
LSE Raises 2026 Outlook But Investors Dismiss Targets as Conservative
London Stock Exchange raised its margin and revenue guidance after strong first-half results, yet shares slid 4% as the ...
Eurozone Q2 Growth Surprises to the Upside, But a Two-Speed Bloc Emerges
The euro area expanded 0.4% in Q2, double expectations, but behind the headline beat lies a deeply uneven recovery with ...
Elon Musk Sells X to xAI for $45B—The Data Play Behind the Deal
The self-deal merges X’s vast user data with xAI’s artificial intelligence ambitions, reshaping the competitive landscap...
Humanoid Robots Could Be a $5 Trillion Market: How Investors Are Playing the Boom
Morgan Stanley sees a $5 trillion market by 2050. Investment chiefs detail the stocks, ETFs and supply-chain plays that ...
Adidas Shares Plunge 15% as World Cup Marketing Costs Bite — Analysts See an Overreaction
Adidas stock suffered its worst day in years after second-quarter earnings missed forecasts due to spiralling World Cup ...
Germany's Startup Funding Rises 14% but €30bn Annual Gap Leaves Tech Sector Behind
Chancellor Merz touts record startup numbers, yet new data shows German tech is failing to match the global AI boom, wit...
US Dealer 'Giant' Seeks Tariff Deal to Save BMW from Billion-Euro Hit
A major US auto dealer group with ties to Donald Trump is lobbying the administration to shield BMW from a 15% import ta...
Porsche CEO Leiters Lays Out Decade-Long Revival: 9,000 Job Cuts, a Combustion Macan Rival and US Super-SUV
Porsche CEO Leiters unveils a three-phase plan with 9,000 job cuts, a combustion Macan counterpart, and future supercar ...
More world press in English: Spanish · French · Russian · Portuguese · Arabic · Chinese · Japanese · all languages