Deutsche Bank is doubling down on defense investment as a broader European drive to rearm unlocks fresh capital in the region. Speaking to CNBC’s Annette Weisbach at the Tag der Industrie conference in Berlin on Monday, Deutsche Bank CEO Christian Sewing said that the German lender has increased its exposure to the defense industry to … Read more
Helsing uses AI to analyze large amounts of sensor and weapons system data from the battlefield. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images European defense technology startup Helsing on Tuesday said that it’s raised 600 million euros ($693.6 million) in a bumper new round of funding. The investment was led by Prima Materia, … Read more
Huge waiting lines are seen in front of jewelry retailer stores at Yu Garden in Shanghai, China, on May 17, 2025, as the city offers consumption vouchers to stimulate consumer spending. Nurphoto | Nurphoto | Getty Images China’s retail sales growth accelerated in May, data from National Bureau of Statistics showed Monday, in part helped … Read more