Germany's Council of Economic Experts forecasts a mere 0.5% GDP growth in 2026 and 0.8% in 2027, with inflation rising to 3%, prompting concerns over the country's economic competitiveness and structural issues like an aging population.
NACHRICHTAIJapan's food sector is experiencing severe shortages of plastic bags, trays, and gloves due to dwindling naphtha supplies from the Middle East. This has led to price hikes, customer incentives for reusable items, and government pressure.
EILMELDUNGAISpaceX plans a record-breaking $75 billion IPO, offering 555,555,555 shares at $135 each. This move could value the company at $1.765 trillion and potentially make Elon Musk the first trillionaire.
EILMELDUNGAISpaceX plans to raise up to $75 billion in its upcoming IPO, selling shares at $135 each, which could value the company at $1.77 trillion and potentially make Elon Musk the world's first trillionaire.
NACHRICHTAISpaceX plans to set a fixed IPO price of $135 per share, valuing the company at $1.77 trillion. The offering aims to raise $75 billion, with an option for underwriters to buy more shares. The debut is scheduled for June 12 on the Nasdaq.
NACHRICHTAIBillions of euros sit in forgotten German bank accounts, with estimates ranging from €4.2 billion to €9 billion. A lack of a central registry and strict data protection laws make it difficult for heirs to find these assets, prompting calls for legislative reform.
NACHRICHTAIEuropean stocks declined Wednesday as investors reacted to U.S. proposals for new tariffs on 60 countries. Akzo Nobel shares plummeted 17.2% after a takeover bid failed, while Inditex saw gains. Partners Group shares dropped 16.3% due to withdrawal restrictions.
