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OpenAI starts talks with Microsoft about new funding and future IPO 05/12/2025

Markets Rally on US–China 90-Day Tariff Pause as Investors Brace for Protracted Talks 05/12/2025

Bayer to cut more than 200 employees in German crop protection products segment 05/13/2025

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Business & Finance

Oxfam: US companies hoarding more than $ 1.5 trillion in offshores

Large US companies moved out $ 1.6 trillion to countries with preferential taxation regime, bypassing the US tax authorities. The international association of organizations to combat poverty Oxfam and the Institute of Taxation and Economic Policy prepared a study based on an analysis of tax returns...

Brexit Sweeteners Offered To Investment Banks By European Regulators

EU member countries are offering looser regulatory standards to banks after Brexit, taking advantage of a gap in EU financial rules. The countries are competing to host the trading operations of London-based investment banks. Even though they are some of the most complex and riskiest parts...

Ahead Of Giant IPO, Saudis, Oil Majors Discuss Gas Investments: Reuters

As part of the top crude-exporting country's drive to diversify investments before the listing of national energy giant Saudi Aramco, Saudi Arabia and international oil companies have discussed gas venture opportunities inside the kingdom and abroad. New agency Reuters reports quoting...

Saudis considering gas investments before Aramco's IPO

Saudi Arabia and international oil companies discussed a possibility of investing in gas business in the kingdom and beyond, as the country seeks to diversify its investments before the IPO of the energy giant Saudi Aramco, Reuters reports. Saudi officials and a number of companies, including BP...

Investors Kept Cautious By Geopolitics From France To Korea

Due to geopolitical tensions in the Middle East and the Korean peninsula, and with investors refraining from making big bets, trading volumes were muted for many financial market assets. It is also a holiday-shortened week in much of the West. Reaching the point where some see...

'Made in Germany' is the most popular 'Made in' brand

A study published by the Berlin-based Dalia Research firm on Statista’s says that "Made in Germany" brand exceeds other brands in popularity. The paper’s authors note that many buyers associate this brand with advanced technologies, quality and high standards of safety. To find this out,...

Pentagon Warns That Flying Under The Radar Are Chinese Tech Investment In US

A Pentagon report says that the United States government needs tougher controls to stem the transfer of some of America's most promising technologies because China is investing in Silicon Valley start-ups with military applications at a very rapid rate. The report contends that China has...

Chinese Catch-up Threatens Korea’s High-tech Economy

From the world’s fastest internet connection speed, world-beating innovation and Samsung’s smartphones, South Korea is famous as a high-tech powerhouse. But here is a reality check: the advantage of Korean companies over their Chinese competitors is closing fast – even as presidential...

JAB coffee company buys Panera bakery for $ 7.5 billion

The coffee company JAB Holding Co. agreed to buy the American network of bakeries Panera Bread Co. for $ 7.5 billion, the companies said in a joint statement. According to analysts, thus JAB plans to become a direct competitor to Starbucks, which previously also expressed interest in buying Panera...

Deutsche Bank starts a new round of restructuring

Deutsche Bank, which is going through a capital increase of 8 billion euros ($ 8.5 billion), is not currently pondering mergers, the banks’ executive director John Cryan said. "We have other things to do", Cryan said at a banking conference in Berlin on Thursday. Deutsche Bank and its German...