Finance news

Semiconductor industry: Germany is the first EU country to submit chip funding projects to Brussels

With billions in funding for the semiconductor industry, Germany wants to strengthen Europe's chip production - and reduce dependence on other countries.

New impulse paper: This is how Europe’s IT should have its “Airbus moment”.

The President of the BSI, a board member of the Bundesbank and the Hessian Digital Minister outline the path to European digital sovereignty. They demand an “Airbus moment” for chips and AI. But not only that.

EU Industry Splits Over Emissions Trading Scheme Overhaul

European companies are concerned – in various ways – about the upcoming revamping of the EU's emissions trading scheme (ETS), the key instrument the bloc has been implementing since 2005 to curb emissions from heavy-polluting sectors including the cement, steel-making, and chemicals industries. As the European Commission is expected to propose an amended ETS plan on July 15, European companies that have invested in low-carbon operations fear a weakening of the scheme. Others, such as some chemic

Fifth rule: How do I avoid taxes on one-off payments?

Our reader will receive 180,000 euros from company pension schemes. He heard about a special tax strategy for this. Does this pay off?

Why is Auckland international airport stock on Robhinhood so much more expensive than the price listed for it on other brokerages/websites?

Auckland international airport stock is suppose to be around $8 dollars and some change https://finance.yahoo.com/quote/AIA.NZ/ other websites besides yahoo also has it around $8.35 too today as I post this. on Robinhood, it’s $24 dollars a share right now. Why is it much more expensive on Robinhood compared to other websites? Edit: I understand now why I was confused. thank you for the help everyone! submitted by /u/Rickispanish119 [link] [comments]

MiCA is live today, here's what it actually means for your crypto investments in Europe

Today marks the end of the EU's transitional period for crypto service providers. From July 1, only fully authorized platforms can legally offer crypto services across EU member states. Firms that didn't complete the licensing process have to wind down or face enforcement action. Worth understanding what this actually changes, and what it doesn't. What MiCA does: it creates a single regulatory framework across all 27 EU countries for crypto asset service providers, covering licensing requirement

Eni Forms Trading Venture With Mercuria to Boost Commodity Profits

Eni is forming an energy commodity joint venture with global trader Mercuria as the Italian energy major eyes higher profits to rival the most active traders among the European energy giants. Eni on Wednesday said it had signed an agreement with Geneva-based Mercuria, one of the world’s largest independent trading groups, to create a joint venture to trade energy commodities across global energy markets. The joint venture will be equally owned by Eni and Mercuria, and will operate on an independ

EU budget: Berlin calls for a cut of 400 billion euros

The EU Commission wants to spend two trillion euros between 2028 and 2034. A radical demand for cuts comes from Berlin.

Fuels: Fuel prices rise sharply when the fuel discount ends

Diesel and Super are now back beyond the two-euro mark. The ADAC calls the prices excessive and criticizes the actions of the gas stations.

Tesla deliveries are set to rise — no thanks to the U.S.

Europe should be a source of strength when Tesla posts its second-quarter delivery numbers later this week.

Fuel prices: The first midday jump after the fuel discount ends is rather small

The typical increase at 12 p.m. was slightly smaller on Wednesday than on previous days. Diesel and petrol still rise well above 2 euros.

Energy transition: Battery storage could reduce the burden on the electricity system by billions

The high proportion of wind and solar power leads to fluctuating energy prices. Battery storage could cushion this effect – and save almost four billion euros per year.

Investments: How Germany can become competitive again

Europe's economy is suffering from the second China shock. A study by the consulting firm McKinsey shows where the problems lie and what solutions there are.

Precious metal: Gold price continues to fall – has it bottomed out?

The price of gold is fighting for the $4,000 mark. Which forecasts analysts have for the second half of the year and what is important now.

Aircraft manufacturer: Dassault open to new partners after FCAS-Aus - also outside Europe

In June, Germany and France stopped FCAS due to industry disputes. France could now turn to a Swedish aircraft manufacturer or a Middle Eastern nation.

F.A.Z. exclusive: Brussels wants to reserve public contracts for Europeans

The EU Commission wants to protect European providers from competition from China and the USA. The public sector should give them preference when it comes to contracts – based on the criteria social, green, innovative and resilient.

Need advice regarding small inheritance allocation and future strategy

Hello ! Long-time lurker, first time contributor to the sub. I need some advice and probably some reality check if my long-term strategy is good and whether I should change anything about me. About me - 37, married with 2 kids (5 and 1), no other debts apart from mortgage (100k eur left with 2.4% interest, payment is around 600/month). Take home money is at around 4k with a prospect of increasing to 4.5 - 4.8 by the end of year. I currently have around 4.5k in VWCE (started late with this one) a

Industry: Hochtief subsidiary takes over Australian mining service provider Thiess

Cimic buys the remaining shares in the Australian company Thiess for over one billion Australian dollars. But the coal business involves risks.

World Cup out: Corriere della Sera: “Germany, the locomotive of Europe, no longer exists”

Italy's most important newspaper and the US magazine Newsweek use the World Cup exit to explain the crisis Germany is in. Their conclusion: The only thing that is worse than football is the economy.

ESPP Japanese corporation

An ESPP program is being introduced in our group via JP Morgan Solution. Do you have any experience with the portfolio at JP Morgan Solutions or with transactions of shares traded on the Japanese stock exchange (in YEN)? General conditions: Selling the shares is possible at any time. AG adds 15%. Maximum monthly purchase amount by the employee 100,000 yen approx. €500 + €75 AG subsidy (15%) Term one year. You then have to “register” again. Transaction costs paid to other brokers

Digital euro: The plan to Trump-proof the EU's economies

The EU’s central bank is preparing a digital euro to cut dependence on Visa, Mastercard and Apple Pay. Success hinges on giving consumers an easy-to-use payment system without prompting a flight from bank savings.

If you’re jumping to different European countries for work all the time. Is there a way to make sure your retirement is funded?

Because if you keep changing where you pay social insurance, you will get nothing eventually right? submitted by /u/blowmyassie [link] [comments]

AI location: Microsoft announces another data center in NRW

It is a major investment: Microsoft is building data centers in the Rhenish district for 3.2 billion euros. According to Handelsblatt information, a fourth location is now being added in Grevenbroich.

Takeover: Addiko Bank creates millions in provisions for Swiss franc loans

In the ongoing bidding dispute between RBI and NLB, Addiko Bank now also has to make provisions of between 33 and 49 million euros - and is suspending its forecast.

Financial report: Trump discloses billions in income from crypto transactions

The US President has to declare once a year how much money he earns from what. According to the documents, his income comes from digital currencies – and some surprising sources.

Friedrich Merz complains about sick leave. Why a lack of school infrastructure costs us billions every year

Hi everyone, I'm currently lying down in the middle of summer with a cold that my daughter brought in from school. While Friedrich Merz complains about the "high levels of absenteeism" and blames the sick leave over the phone, politicians and municipalities completely ignore the fact that our daycare centers and schools, as virus incubators, are the actual epicenter of the problem. ​I've done the math. The state saves on destroying the infrastructure and thereby wastes money on others

Europe’s defense boom faces a new test: Can it actually deliver weapons?

Europe’s defense boom faces a test as investors weigh whether budgets and backlogs can become weapons, factories and returns.

DAX group: Plant expansion on the Main: Siemens is investing 300 million euros in Germany

The technology group is expanding the production of energy distribution systems and will create around 700 jobs by 2030. There is one main reason for the high demand.

IQM quantum computing - a european player

I already posted this in another sub, but did not get much answers. I stumbled across a news article about IQM and got very interested. I am interested in feedback to this company, because it seems pretty undervalued compared to other quantum stocks on the market, what do you think? Here the summary: IQM is one of Europe's leading quantum computing companies and is about to go public through a SPAC merger with Real Asset Acquisition Corp. (NASDAQ: RAAQ). Key facts: -Transaction values IQM at app

China's ethnic law with global reach draws backlash, from Japan to Europe