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trump denies musk access to military briefing on potential conflict with china

President Trump has denied a report that Elon Musk was set to be briefed by the Pentagon on military plans regarding a potential conflict with China, stating that "China will not even be mentioned." The Pentagon clarified that the meeting would focus on innovation and efficiencies, despite an anonymous U.S. official indicating it would cover various topics, including China. This situation raises concerns about potential conflicts of interest for Musk, who has significant business ties in China and with the Pentagon.

deutsche bank reports disappointing profits and revises cost targets for 2025

Deutsche Bank reported a significant drop in fourth-quarter profit, posting 106 million euros, down from 1.26 billion euros a year earlier, and falling short of analyst expectations. For 2024, the bank's profit fell to 2.70 billion euros from 4.21 billion euros in 2023, prompting the abandonment of its 2025 cost target in favor of investments. CEO Christian Sewing emphasized the importance of 2025 for the bank's transformation and growth strategy, despite ongoing skepticism from analysts.
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