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- Capgemini Acquires SEIMAF, Bolstering Nuclear Engineering Amid European Energy ShiftThe move is designed to reinforce Capgemini’s engineering services amid a renewed push for nuclear power across Europe.
- IHG Launches ‘Masarona’ Program to Develop Saudi Hospitality LeadersIHG Hotels & Resorts announced in September the launch of a new talent development program, ‘Masarona by IHG,’ designed to cultivate future Saudi leaders in the hospitality industry.
- Oktoberfest Closed Amid Bomb Threat Linked to Northern Munich IncidentOktoberfest Closed Amid Bomb Threat Linked to Northern Munich Incident** MUNICH, Germany (AIAN) – The Theresienwiese, home to Munich’s world-famous Oktoberfest, was temporarily closed on Wednesday, October 1, following a bomb threat. Organizers announced the closure would last until… Read more: Oktoberfest Closed Amid Bomb Threat Linked to Northern Munich Incident
- German Inflation Hits 2.4% in September; Core Rate Remains ElevatedGerman Inflation Hits 2.4% in September; Core Rate Remains Elevated WIESBADEN, Germany** – Germany’s annual inflation rate is expected to be +2.4% in September 2025, according to a preliminary report released Tuesday by the Federal Statistical Office (Destatis). The… Read more: German Inflation Hits 2.4% in September; Core Rate Remains Elevated
- Asmussen Tapped as Next Public Affairs EVP for DHL Group**Asmussen Tapped as Next Public Affairs EVP for DHL Group** BONN, Germany – DHL Group has announced a key leadership transition, naming Maike Asmussen as its next Executive Vice President for Corporate Public Affairs. The appointment will be effective… Read more: Asmussen Tapped as Next Public Affairs EVP for DHL Group
- CA Immo Secures Key Leases with Allegro and Intersnack for Prague’s Danube House**CA Immo Secures Key Leases with Allegro and Intersnack for Prague’s Danube House** Prague, Czech — Real estate company CA Immo has signed two significant lease agreements for its Danube House property in the Riverside Karlín district of Prague.… Read more: CA Immo Secures Key Leases with Allegro and Intersnack for Prague’s Danube House
- Novartis Launches Tender Offer to Acquire Tourmaline Bio for $48 Per Share**Novartis Launches Tender Offer to Acquire Tourmaline Bio for $48 Per Share** **BASEL, Switzerland** – Global healthcare company Novartis announced Monday it has commenced a cash tender offer to acquire all outstanding shares of Tourmaline Bio, Inc. The offer,… Read more: Novartis Launches Tender Offer to Acquire Tourmaline Bio for $48 Per Share
- BP Greenlights Major Tiber-Guadalupe Oil Project in Gulf of Mexico**BP Greenlights Major Tiber-Guadalupe Oil Project in Gulf of Mexico** **HOUSTON** – Energy giant bp announced it has made a final investment decision on its Tiber-Guadalupe project, moving forward with the construction of a new deepwater oil production platform… Read more: BP Greenlights Major Tiber-Guadalupe Oil Project in Gulf of Mexico
- Rheinmetall Secures €444 Million US-Backed Artillery Deal for Eastern Europe**Rheinmetall Secures €444 Million US-Backed Artillery Deal for Eastern Europe** **DÜSSELDORF** – German defense contractor Rheinmetall AG will supply an unnamed Eastern European nation with artillery ammunition under a contract valued at approximately €444 million. The company announced that… Read more: Rheinmetall Secures €444 Million US-Backed Artillery Deal for Eastern Europe
- DHL and Hapag-Lloyd Partner to Decarbonize Global Supply ChainsDHL and Hapag-Lloyd Partner to Decarbonize Global Supply Chains **BONN** – Global logistics company DHL Group and shipping line Hapag-Lloyd have signed an agreement to advance the decarbonization of their supply chain operations. The collaboration was announced as part… Read more: DHL and Hapag-Lloyd Partner to Decarbonize Global Supply Chains
- Latvia, Rheinmetall Partner on New Artillery Shell Plant to Bolster DefenseLatvia, Rheinmetall Partner on New Artillery Shell Plant to Bolster Defense Mistral confirms accuracy of this vertex ai news summary **HAMBURG, Germany** – German defense contractor Rheinmetall and the government of Latvia have signed a Memorandum of Understanding to… Read more: Latvia, Rheinmetall Partner on New Artillery Shell Plant to Bolster Defense
- Kai Beckmann to Succeed Belén Garijo as Merck CEO in 2026**Kai Beckmann to Succeed Belén Garijo as Merck CEO in 2026** **DARMSTADT, Germany** – The science and technology company Merck announced Thursday that Kai Beckmann will become its next Chairman of the Executive Board and CEO, effective May 1,… Read more: Kai Beckmann to Succeed Belén Garijo as Merck CEO in 2026
- False report! Just Testing AI Agent! “Phantom Octopus” Discovered in Pacific Trench, Stuns Scientists with Light-MimicryFalse report! Just Testing AI Agent! **”Phantom Octopus” Discovered in Pacific Trench, Stuns Scientists with Light-Mimicry** **LA JOLLA, CA** – A team of marine biologists from the Scripps Institution of Oceanography announced the discovery of a new species of… Read more: False report! Just Testing AI Agent! “Phantom Octopus” Discovered in Pacific Trench, Stuns Scientists with Light-Mimicry
- Zalando Reports Accelerating Growth and Higher Profits in First Quarter**Zalando Reports Accelerating Growth and Higher Profits in First Quarter** **BERLIN** – Zalando SE, the European online fashion and lifestyle platform, announced a strong first quarter for 2025 on Tuesday, reporting accelerated growth and increased profitability, leading the company… Read more: Zalando Reports Accelerating Growth and Higher Profits in First Quarter
- German exports fell by 1.4% in May 2025**Wiesbaden** – German exports fell by 1.4% in May 2025 compared to the previous month, while imports decreased by 3.8%, according to preliminary data from the Federal Statistical Office (Destatis). In a year-over-year comparison with May 2024, exports saw… Read more: German exports fell by 1.4% in May 2025
- Update: Germany Updates Crypto Taxation– BMF sets new rules for staking rewards from March 6, 2025– Claimed and unclaimed rewards must be taxed by year-end– NFTs remain unaddressed in the latest guidance Berlin, March 6 — Germany’s Federal Ministry of Finance (BMF) has… Read more: Update: Germany Updates Crypto Taxation
- Update: U.S. Establishes Strategic Bitcoin Reserve in Landmark Executive OrderWASHINGTON, D.C. – The U.S. government is formally establishing a Strategic Bitcoin Reserve under a new executive order signed by the President on March 6, 2025. The move cements Bitcoin’s role as a strategic financial asset and signals a… Read more: Update: U.S. Establishes Strategic Bitcoin Reserve in Landmark Executive Order
- Update: flatexDEGIRO Hits Record Profits, Targets Major Growth by 2027– Net Income jumps 55% to €112 million, surpassing forecasts– Revenue climbs 23% to €480 million, driven by commissions and interest– 421,000 new accounts push customer base to 3.1 million Frankfurt, Germany — flatexDEGIRO, one of Europe’s top online… Read more: Update: flatexDEGIRO Hits Record Profits, Targets Major Growth by 2027
- Analysts, Investors Tour Hikma CasablancaSell-side analysts and investors visited Hikma site in Casablanca, Morocco.
- Update: Deme’s Expects Record Turnover in 2024Offshore contractor DEME projects over 20% turnover growth in 2024.
- E.On Boosts 2024 Investments By 20% To €4.7BE.ON increased investments by 20% to €4.7 billion in 2024, reaffirming its full-year financial targets with expected EBITDA of €8.8-9.0 billion and net income of €2.8-3.0 billion.
- Swiss RE: $2.2B Net Income YTD, Driven By Underwriting, InvestmentsSwiss Re reports USD 2.2 billion net income for the first nine months of 2024, driven by strong underwriting and investment contributions, with a 13.4% ROE.
- Deutsche Telekom Q3 2024: Strong Growth, Raises GuidanceOrganic revenue rose 3.6% to €28.5B, service revenue 3.8% to €24.1B, adjusted EBITDA AL 6.4% to €11.1B, and free cash flow AL 32% to €6.2B. Adjusted net profit grew 3% to €2.3B.
- Merck Q3 2024: Sales €5.3B (+3.8%)Merck’s Q3 2024 report shows accelerated growth across all sectors, with organic sales up 3.8% to €5.3 billion and EBITDA pre up 16.9% to €1.6 billion.
- Kuehne+Nagel Acquires 51% Of IMC Logistics, Boosting Its Sea Logistics In The USKuehne+Nagel acquires 51% of IMC Logistics, a US marine drayage provider, enhancing its Sea Logistics network.
- Intel Joins Barclays and UBS Technology ConferencesIntel Joins Barclays and UBS Technology Conferences
- Safran’s CFM Powers A321XLR’s 1st Commercial FlightCFM powers first A321XLR commercial flight on November 13, 2024.
- Rio Tinto’s 25Mw Solar Plant In Utah Boosts Capacity To 30Mw, Cuts Emissions 6%Rio Tinto has approved a new 25MW solar plant at Kennecott in Utah, adding to the existing 5MW plant.
- Stellantis Meets EU Electric Sales Regulations, Leads In France, Italy, PortugalStellantis is on track to meet EU electric sales regulations with strong October performance, leading in France, Italy, and Portugal.
- Update: Unilever Tripled US Sports Marketing To Enhance Brand Equity With Engaging ContentUnilever triples sports marketing commitments in the USA to enhance brand equity through engaging content on and off the pitch.