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GERMAN DEFENCE BUDGET 500 BILLION EURO
Germany's Infineon opens major chip plant as EU seeks tech autonomyGerman semiconductor giant Infineon opened a five-billion-euro ($5.7 billion) microchip plant Thursday, as Europe seeks to bolster its high...- In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shoppingIndian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- EU top court to rule on record 4.1 bn euro Google fineThe EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti...
- Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in IndiaKotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...
- Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
- Germany demands $450 billion cut to 'unaffordable' EU budget, document showsGermany is pushing for a massive €400 billion cut to the European Commission's proposed €2 trillion budget for 2028-2034, deeming it "unaff...
- How NATO will try to keep Trump happy at Ankara summitUS President Donald Trump is set to attend a NATO summit in Ankara, aiming to appease him after his criticism of allies' response to his Ir...
- More cash, not enough weapons: NATO presses to produce moreNATO leaders face a critical challenge in Ankara: transforming increased defence budgets into actual weapons. Despite significant spending ...
- 'It's in last 1 or 2%': US envoy Sergio Gor declares India-US trade pact nears finish lineUS Ambassador to India Sergio Gor announced the India-US bilateral trade agreement is nearing completion, with only minor legal details rem...
- Persistent Systems shares slide 10% after Nagarro deal; Elara retains 'Sell' on growth, margin worriesPersistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approxim...
- Persistent Systems to acquire Nagarro; combined entity to generate $2.9 billion in annualised revenueIndian IT firm Persistent Systems is making a significant move by launching a takeover bid for German digital engineering company Nagarro S...
- Germany could revive conscription by mid-2027, senior MP tells AFPGermany is struggling to recruit soldiers and will have to decide by July 2027 at the latest whether to reintroduce compulsory military ser...
- Taiwan opposition stalls government's $6.6 billion drone billTaiwan's parliament, controlled by the opposition, has blocked a $6.6 billion government plan for domestically produced drones crucial for ...
- German naval ambitions suffer setback as warship order axedGermany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project suffered delays, a setb...
- Global Markets | European shares hold flat on US-Iran talks; Rheinmetall slidesEuropean markets saw a flat opening as investors weighed U.S.-Iran talks. Defence giant Rheinmetall plunged on reports of Germany scrapping...
- Europe must be ready to replace key US weaponry 'soon': EU defence chiefEurope faces an urgent need to bolster its defence capabilities as the US considers reducing its military presence on the continent. EU def...
- Euro zone yields fall as investors cut bets on ECB hikesEuropean government bond yields dipped Tuesday, finding stability after Monday's surge. Investors are scaling back expectations of further ...
- Pentagon seeks $80 billion from Congress for Iran warThe Pentagon is seeking an additional $80 billion, primarily for the ongoing conflict with Iran, adding to President Trump's substantial de...
- US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
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