According to a media report, SpaceX wants to raise $40 billion to buy AI chips from Nvidia. The financing is expected to consist of $10 billion in bank loans and $30 billion in bonds, led by Apollo, with participation from Pimco. Completion is expected in 2027.
In the last six years, the German economy only grew by an average of 0.2 percent annually, with this increase being solely due to government spending. Private investment and consumption contributed nothing to growth, while state funding for the armed forces, climate protection and infrastructure supported growth. Companies' reluctance to invest, triggered by the pandemic, supply chain problems and geopolitical uncertainties, weakens production potential and prosperity in the long term.
The G7 countries have released emergency reserves of diesel and crude oil to ease supply concerns caused by the Iran war. The US stock markets then rose on Tuesday: the S&P 500 reached 7,818 points (+0.6%), the Nasdaq 27,599 points (+0.4%) and the Dow Jones 51,521 points (+0.5%). At the same time, the U.S. trade deficit grew 13.7 percent in August due to record high imports, while analysts expect third-quarter earnings growth of 30.6 percent in the S&P 500.
The Ellison family took over Warner Bros. Discovery for around $110 billion and founded the new company Skydance. The deal promises at least 30 films per year in the first two years and envisages savings of $6 billion. Critics fear influence on CNN and job cuts as David Ellison and Ynon Kreiz take the lead.
The engine manufacturer Deutz is planning to cut 130 to 200 jobs at the main plant in Cologne by the end of 2028, in the worst case scenario up to 300 jobs. The business with small engines for tractors and pallet trucks is affected, while the defense division was strengthened by the takeover of FFG.
EU Trade Commissioner Maros Sefcovic is preparing to visit Beijing as the EU-China trade deficit tops one billion euros a day. Germany and France are calling for new protection instruments against Chinese subsidies and one-sided market access, while sectors such as steel and the automotive industry have already taken measures.
Florian Brenninkmeyer will become the new Chairman of the Board of Directors of Cofra Holding AG in April 2027, replacing Martijn Brenninkmeijer, who led the group for twelve years. The move comes as part of a strategic shift towards a stronger focus on the holding's three investment divisions, while C&A remains an important part of the portfolio.
After the recent collapse in European government bond prices, experts warn of risks from the liquidation of hedge fund bets and the growing influence of shadow banks.
In an interview, Zalando co-founder Robert Gentz talks about his optimism for Europe, the influence of agentic AI on fashion retail, his regrets about missed opportunities and why the company is currently foregoing dividends. He emphasizes the need for a better location for companies in Europe, criticizes bureaucratic obstacles and sees AI as an opportunity, not a threat. At the same time, he explains the closure of the logistics center in Erfurt as a business necessity and reiterates the focus on profitable growth in Eastern Europe and via B2B business.
The euro is facing a possible new crisis due to high French national debt and structural imbalances in the euro area. While the population continues to support the currency, experts warn of the consequences of inflexible labor markets and divergent economic cycles. The ECB has so far ensured stability, but rising inflationary pressures and political changes in France could threaten the balance.
The Spanish housing crisis, exacerbated by skyrocketing rents and demographic pressures, is rooted in the collapse of the real estate bubble of 2007. Skilled labor shortages and a weak construction industry are preventing necessary new construction while demand continues to rise.
Paramount has completed the acquisition of Warner Bros. Discovery for around $110 billion. The merged group will in future operate under the name Skydance. The merger brings together major brands such as HBO, CNN, CBS and Paramount+ under one roof.
The euro reached its lowest level since May 2025 at $1.116. This was triggered by growing concerns about the French budget situation, which also caused government bond yields to rise and raised questions about the stability of the euro zone.
The Spanish government under Pedro Sánchez has passed new tenant protection measures by decree. Since Parliament has been dissolved, the government is using the Standing Committee to enforce rent caps and eviction bans despite the political crisis.
US stock markets start the day with gains, led by Nvidia, which hits a new record high. While tech stocks benefit from their resilience to interest rate changes, oil prices and Treasury yields are falling.
Paramount has completed its $111 billion acquisition of Warner Bros. Discovery. The shares of the new parent company Skydance will be traded on the New York Stock Exchange from Tuesday after overcoming legal hurdles and political criticism.
In the competition for AI talent, tech companies are paying enormous salaries. Startups are using employee stock ownership to hide costs before going public, which researchers say can become a ticking time bomb for stock prices.
Driven by a tech rally on Wall Street and ongoing AI euphoria, the DAX rose by 0.5 percent in the morning. A surprising collapse in German industrial orders in August and rising oil prices cloud the picture.
Uber CEO Dara Khosrowshahi announces the start of robotaxi pilot projects in Munich. The company is investing billions in autonomous infrastructure and plans to acquire Delivery Hero to expand the German market.
Despite the mood of crisis, global companies and states such as Google, Uber and Saudi Arabia are investing billions in Germany. Chancellor Friedrich Merz speaks of the best investment location in the world.
The G7 countries want to release up to 100 million barrels of oil and diesel from strategic reserves to reduce extremely high fuel prices. Experts believe this step is effective, but warn of long-term shortages.
The Theo Müller group of companies is planning to close the Rogätz and Leppersdorf locations. 160 employees are affected by the closures, which are due to a lack of profitability and changing packaging trends.
The US stock exchanges are recording record values, led by the chip company Nvidia, whose shares reached an all-time high. Investors are betting on technology stocks despite rising bond yields, while falling oil prices are further supporting market sentiment.
