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Italian tax police carried out searches at the Milan headquarters of Amazon as part of a new tax evasion investigation, according to two sources familiar with the matter. The Guardia di Finanza also searched the homes of seven Amazon managers and the offices of auditing firm KPMG. KPMG is not under investigation but provided opinions […]
Siemens lifted its full-year 2026 profit guidance after stronger-than-expected first-quarter results, fueled by accelerating demand for AI-driven data centre infrastructure. Shares rose more than 6% in Frankfurt trading following the announcement. CEO Roland Busch said revenue linked to data centres climbed by more than one-third in the quarter through December, describing demand as having “considerably […]
Palo Alto Networks will begin trading its shares on the Tel Aviv Stock Exchange following the completion of its $25 billion acquisition of Israeli cybersecurity firm CyberArk Software. Already listed on Nasdaq, Palo Alto said the dual listing will make it the largest company by market capitalization on the Tel Aviv Stock Exchange, with a […]