Tesla has officially confirmed that, following the implementation of new tariffs on electric vehicles manufactured in China, it will be forced to increase the price of the Model 3 in the European market. As a […]
Susanne Klatten, considered the richest woman in Germany, is transferring her holding company to her children. However, her shares in BMW will not be affected by this transition. Susanne Klatten, a major shareholder in BMW, […]
A deep dive into the financial statements of Germany’s largest automaker reveals significant challenges: costs are exorbitant, and returns are weak. Experts believe the company’s profit targets are at risk. At times, Oliver Blume, the […]
Siemens Energy’s stock is currently trading at 24.87 euros, down from the previous day’s closing price of 25.00 euros. This marks a continued decline for the company after a few tough days, and it remains […]
Increasing Power Consumption in Confined Spaces The market for server cooling solutions is thriving, especially with Nvidia’s recent GPU advancements. As these high-performance systems continue to evolve, they demand not only more advanced cooling solutions […]
Sovereign Cloud Region to be AWS’s First, Located in Brandenburg, Germany Amazon Web Services (AWS) has announced a substantial investment of €7.8 billion in its sovereign cloud infrastructure in Germany, set to extend through 2040. […]
Mercedes-Benz, in response to a slower-than-expected shift by consumers towards electric vehicles, has announced a strategic shift from its previous plans. The luxury automaker will forego the construction of new manufacturing facilities specifically for its […]
BlackRock, the American investment behemoth, holds significant stakes in two major Spanish banks—3.9% in Catalonia’s Banc Sabadell and 5.4% in the Basque-originated BBVA. Yet, despite its considerable influence, BlackRock appears to play no direct role […]
Adidas’ Samba and Gazelle sneakers may look like relics from past decades, but they are currently the hottest footwear on the market. The German sportswear giant reported that sales of these retro-style sneakers are “very […]
This spring presents a significant challenge for homebuyers due to elevated mortgage rates. According to Freddie Mac, the average rate for 30-year fixed mortgages has reached 7.1%. This figure represents the highest level this year […]