Germany's Lilium raises $90M from Tencent, others

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Source: Dukascopy Bank SA
A German start-up Lilium, which is aimed to develop a five-passenger "flying taxy", raised a $90M round of funding from China's Internet giant Tencent and other top tech investors.
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Tue, 05 Sep 2017 12:33:45 GMT

Lego to phase out 8% staff as sales fall

Lego will cut 1.4K of its staff to revamp the business, following a record-low 5% sales drop in over a decade, the company announced on Tuesday.

Tue, 05 Sep 2017 11:11:06 GMT

Merkel urges for more sanctions on North Korea

On Tuesday, Germany's Chancellor Angela Merkel will urge for more sanctions against North Korea at the EU meeting with the Foreign Ministers over the Asian country's nuclear ICBM programme.

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