Finance news

Pay conveniently: Your own toll box saves time – what holidaymakers should know about it

With a toll box in your car, you can avoid stopping and rummaging for credit cards or cash when traveling through Europe. Basics for vacationers about the small devices behind the windshield.

Chinese wife sucks venom from husband’s hand after cobra bite, ending up poisoning herself

When a farmer in southwestern China was bitten by a cobra, his panicked wife instantly sucked out the venom as she mimicked what she had seen on television, only to end up being poisoned herself. The old man was working in his field in Yuanyang county, Yunnan province, when the cobra bit his finger, the Jimu News reported. His wound soon became swollen and he felt dizzy and weak. It was then that his flustered wife applied the rescue method she had seen on television by directly sucking out the.

+++ Federal policy +++: Coalition reform package – general practitioners call the obligation to take sick leave “absolutely catastrophic”

Reform package - tax on the rich rises to up to 47 percent +++ Top tax rate remains unchanged +++ Tax relief of up to 600 euros per year for families +++ The news blog.

In ‘red hot’ counter-drone market, Echodyne CEO sees radar demand boom

Defeating drones starts with detection, and suppliers of relatively small and affordable radars are rushing to meet global demand.

Antitrust fine: ECJ confirms record competition fine for Google

The Internet giant Google is suing against an antitrust fine from the EU worth several billion euros. Now the highest European court is making a decision.

Income tax: One percent less for those below, 49.585 percent for those above

The relief of ten billion euros that has now been decided is largely constitutionally required. However, large family businesses are put under greater strain. A comment.

Chinese automakers overtake Japanese rivals in Europe despite EV tariffs

After eight years, Google loses final appeal against $4.7 billion European Union fine

The Court of Justice of the European Union ruled to uphold its fine against Google over alleged anti-competition practices

Armament: Drone specialist Quantum Systems raises more than a billion euros

The start-up is now valued at more than seven billion dollars. Within a year, it increased its value sevenfold. CEO Florian Seibel reveals the further goals.

Inside CXMT’s US$4.3b IPO: soaring profits meet US export threat and high-stakes HBM race

As China’s leading DRAM maker ChangXin Memory Technologies (CXMT) prepares for its expected 29.5 billion yuan (US$4.3 billion) Shanghai Star Market listing, the critical question facing investors is whether the firm can convert its cyclical windfall into permanent industry leadership. The Hefei-based chipmaker enters the market at a uniquely lucrative moment: a global memory shortage driven by surging artificial intelligence computing demand has triggered a massive upcycle in pricing, delivering

Google loses fight over record $4.7 billion EU antitrust fine

In 2018, the European Commission slapped Google with the record-breaking penalty on the grounds that it abused Android's mobile dominance.

Car costs: Fuel prices: Super, a daily average of over 2 euros

The end of the fuel discount has caused prices to rise - but diesel still remains below the emotionally charged mark.

Drone manufacturer: Quantum Systems raises over a billion dollars

Quantum Systems wants to further develop its drones with billions in financing. According to the board, the company's valuation has doubled to eight billion dollars.

Decline in orders: Weak demand from the euro area is weighing on mechanical engineering companies

Mechanical engineers in Germany have slightly fewer orders than in the previous year. The industry remains on hold, says the VDMA association.

Armament: Rheinmetall receives major order for air defense system

The Düsseldorf-based defense company wants to deliver four Skynex systems to an international customer. The contract value is several hundred million euros.

Antitrust law: ECJ confirms record competition fine for Google

Many apps from Google are set as default on Android phones. The European Court of Justice ruled that this was a breach of competition law and confirmed a fine worth billions.

Orders in May: Mechanical engineering is struggling with weak demand from the euro area

The mechanical engineering industry is hoping for new impetus: orders fell slightly in May, and demand remained weak, especially from the euro partner countries.

Neobroker: Now Trade Republic is also introducing the 2 euro order

An EU ban leads to loss of income for neobrokers. Trade Republic is responding to this by adapting its fee model - and targeting a new customer group.

Nico Lange: The Taiwan moment – ​​Beijing creates facts in the Western Pacific

The USA is tied down, Europe is overly cautious, regional partners are unsettled. President Xi Jinping's ambitions go far beyond this. A guest post.

Dax current: Dax starts just above 25,000 points – investors are waiting for US signals

The leading German index continues to fight to defend the 25,000 point mark. Meanwhile, new impulses are coming from the labor market in the USA and the Eurozone.

Taxes, pensions, sick leave – read the document with all of Black and Red’s measures here

Here is the original document with all the measures. After a long struggle in the coalition committee, the leaders of the Union and SPD have agreed on a reform package for economic growth and social security. “We are ensuring relief for employees and companies by reducing taxes and reducing bureaucracy,” praised Chancellor Friedrich Merz (CDU). "We have now completed the first year of reform. We have had an agenda from the start

+++ Federal policy +++: Coalition presents reform package: pension reform by the end of 2026 and tougher rules for sick leave

Top tax rate remains unchanged +++ Tax relief of up to 600 euros per year for families +++ Socialization of housing companies is no longer possible +++ The news blog.

EU Bows to Tech Lobby, Drops Ten-Year Renewables Rule for Data Centers

The European Union has given in to pressure from Big Tech to water down its strict low-carbon energy requirements in order to pursue its AI agenda as the U.S. and China pull far ahead and the EU plays catchup. Citing a draft document released this week, the Financial Times reported today the EU would reconsider an earlier idea to only allow Big Tech data center operators offset the emissions of their baseload power suppliers by buying certificates from wind and solar operators, but only of facil

Technology company: Alibaba settles US legal dispute

US authorities accuse the Chinese company of selling illegal products. The legal dispute is now to be settled with a payment of $600 million.

Ferrari owner sues ‘unapologetic’ Chinese parents whose kids scratched $530,000 supercar

A Ferrari owner in southwest China is considering legal action after some children used his supercar as a slide, damaging it while their parents remained unapologetic. Zhang, from Kunming in Yunnan province, recently parked his red Ferrari, valued at 3.6 million yuan (US$530,000), in an outdoor space before leaving on a business trip. While he was away, a neighbour told him four boys had climbed onto the vehicle and repeatedly used it as a slide. Surveillance footage showed the children...

Private markets: Credit fund manager Hayfin raises over 15 billion euros

The British asset manager achieved one of the largest fundraisings in the history of Europe - despite the turbulence on the US market. The company relies on conservative fund structures.

Alliance defense: US General Donahue resigns – NATO “stronger than ever”

General Donahue, commander of the US Army in Europe and Africa, is leaving his post in Wiesbaden early. He leaves with words of appreciation for the European allies.

E-car manufacturer: Tesla recorded a significant increase in registrations in Europe in June

Tesla reports a sharp increase in new registrations in June. The numbers are fueling hopes of a recovery after the recent slump in sales.

China’s Wang Yi to test whether transatlantic turmoil can soften Europe’s Nordic hawks

Chinese Foreign Minister Wang Yi kicks off a rare tour of Europe’s Nordic countries on Thursday, as Beijing tests whether it can use shifting geopolitical sands to find openings among some of the bloc’s most China-critical governments. The veteran diplomat will be in Denmark on Thursday and Friday for a series of meetings with Foreign Minister Lars Lokke Rasmussen and a personal audience with King Frederik. In Stockholm he will meet Swedish Prime Minister Ulf Kristersson and Foreign Minister...

Electromobility: Tesla significantly increases registrations in Europe in June

The electric car maker is recovering a year after the slump. Registration numbers are increasing across Europe. Only a once successful market is weakening.