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Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...- European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
- France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...
- Infineon taps CDIL, Kaynes to strengthen India chip collabGerman chipmaker Infineon Technologies is expanding its engagement with India's semiconductor manufacturing ecosystem by partnering with CD...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- Resurgent political risk derails rallies across emerging marketsEmerging markets are experiencing a fresh wave of political turmoil, impacting Latin America and Eastern Europe. Upcoming presidential elec...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Top European tech CEOs call for easier AI rulesEuropean tech executives are advocating for streamlined regulations on AI, arguing that existing rules stifle innovation and growth. They e...
- Jindal Steel, Thyssenkrupp pause talks on steel unit stakeThyssenkrupp AG and Jindal Steel International have paused discussions on a potential stake sale in the German firm’s steel unit. The compa...
- World’s largest container carrier plans route avoiding HormuzThe world’s largest container shipping company, MSC Mediterranean Shipping Company, is launching a new Europe–Middle East service that avoi...
- China bans dual-use item exports to seven European entities over Taiwan arms salesThe entities, including German defence electronics firm Hensoldt AG and Belgian-based defence and sporting arms manufacturer FN Browning, h...
- The jet-fuel surge is making global flight connections disappearTravellers face more flight cancellations as airlines grapple with sky-high jet fuel costs. Carriers globally are reducing flights and park...
- A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppersA distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...
- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- Iran price shock set to hit products from cleaning to tiresConsumers face rising costs for cleaning supplies, tires, and animal feed. European chemical firms like BASF and Lanxess are increasing pri...
- European industry faces growth pangs amid soaring energy pricesEurope is paying seven times as much for gas as the US, underscoring a dramatic erosion of the continent's industrial competitiveness that ...
- Premal Desai to be the new chairman of the company’s Executive Board: Thyssenkrupp Steel EuropeElevation of Desai will follow the resignation of Andreas Goss.
- We want to continue to grow engineering presence in India: Jose Avila, Continental AGEven as push on hybrid and electric is on the rise, conventional power train run on petrol and diesel will continue to grow till 2027.
- Dishman Pharma buys Swiss co for Rs 349 crHyderabad-based Dishman Pharmaceuticals and Chemicals on Wednesday said it has acquired Swiss research-based company Cabbogen Amcis AG.
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