Finance news

2,043 items · filtered by Kanal: currencies

Competition law: EU Commission initiates antitrust investigation against Sanofi

Has the pharmaceutical company Sanofi used anti-competitive practices in the flu vaccine business? The European Commission is now examining.

◇ unclassifiedgermany · europe

15d06/26

Pharma: EU Commission initiates antitrust investigation against Sanofi

Has the pharmaceutical company Sanofi used anti-competitive practices in the flu vaccine business? The European Commission is now examining.

◇ unclassifiedgermany · europe

15d06/26⚠ war-conflict · 3/5

European hospitals overwhelmed by heatwave, more misery to come

A deadly European heatwave that has saturated hospitals as temperatures soared to record highs was shifting east on Friday, with authorities warning of more misery on a continent not used to stretches of punishing heat. At least 101 million Europeans have roasted for several days in temperatures of over 35 degrees Celsius, with an estimated few hundred people, including children, thought to have died as a result, many drowning as they sought respite from the inferno. Scientists said in a study..

◇ unclassifiedchina · asia · europe

15d06/26⚠ war-conflict · 2/5

A fistful of dollars: five reasons why the U.S. currency is rising

With a peace agreement in place to end the war in the Gulf, investors might have been fogiven for the dollar’s flight-to-safety trade to fade. However, the dollar has confounded expectations and sits at its high for the year almost.

◇ unclassifiedusa · middle-east

15d06/26

Aircraft manufacturer: Airbus secures billion-dollar order from China

China Eastern orders 25 wide-body jets from Airbus. The European aircraft manufacturer is thus further expanding its lead over its American rival Boeing.

◇ unclassifiedgermany · europe · china

15d06/26

Supervision: ECB simplifies rules for major banks in the euro area

The ECB is canceling and revising a number of supervisory rules for major banks that it supervises in the euro area. At the same time, she emphasizes: It's not about lowering the bar.

◇ unclassifiedgermany · europe

15d06/26

Drug prices: Now the generic drug manufacturers also want more money

Manufacturers of counterfeit drugs are demanding higher prices in order to keep their production in the country. Up to 600 million euros are due in a first step.

◇ unclassifiedgermany · europe · uk

15d06/26

Prime Minister's Conference: Federal and state governments agree on financial reform

If the implementation of a federal law costs states and municipalities more than 200 million euros, the federal government should cover 80 percent of it from September 1st. The state leaders and the federal government agreed on this on Thursday.

◇ unclassifiedgermany · europe

15d06/26

Naftogaz, Orlen Ink New LNG, Decarbonization Agreements

'The first agreement provides for assessing opportunities to increase gas supply volumes and jointly use regasification terminals and gas transmission infrastructure across the Baltic region, Central and Eastern Europe'.

◇ unclassifiedmiddle-east · usa · europe

15d06/26

Stuttgart 21: Stuttgart 21 rail project will be three billion euros more expensive

Construction on the new Stuttgart train station will continue for at least five years. This now also leads to higher costs for Stuttgart 21. What sums are involved – and who has to pay them.

◇ unclassifiedgermany · europe

16d06/26

New cost estimate: Stuttgart 21 will be three billion euros more expensive

Construction on the new Stuttgart train station will continue for at least five years. The delay now also leads to higher costs for Stuttgart 21. What sums are involved and who has to pay them.

◇ unclassifiedgermany · europe

16d06/26⚠ war-conflict · 1/5

Air conditioning is worthwhile (also financially)

Due to the current situation, I would like to share a few experiences here. The cost at that time for a single split including installation was around 3500 euros. After funding, just over 2000 euros. The system saves me around 400 to 500 euros a year on heating (I get a performance figure of around 5). Why? Because it is a mega-efficient heat pump that also works in old buildings (SCOP > 6). Nice side effect, you can also use it to cool down in the summer. Even if I cooled for 50 euros in the summer, it would

Social◇ unclassifiedgermany · europe

16d06/26

Heat shock in Germany: So that the body doesn't clot

The current heat wave not only endangers health, but also the economy. In just four years, 116 billion euros could be lost in Germany. Information leaflets should be rewritten.

◇ unclassifiedgermany · europe

16d06/26

European Central Bank: ECB weakens supervisory rules for banks

The ECB wants to simplify its requirements. Old guidelines should be deleted and the demands on company management reduced.

◇ unclassifiedgermany · europe

16d06/26

Postponed opening: Stuttgart 21 rail project will be three billion euros more expensive

Construction on the new Stuttgart train station will continue for at least five years. This now also leads to higher costs for Stuttgart 21. What sums are involved – and who has to pay them.

◇ unclassifiedgermany · europe

16d06/26

Singapore’s Lee Kuan Yew seen as cool guy amid Europe’s deadly heatwave

Singapore’s cooling strategy, pioneered by founding prime minister Lee Kuan Yew, has come in for praise in Europe, which is sweltering under a deadly heatwave. Even Tesla founder and world’s first trillionaire Elon Musk has weighed in, calling the late statesman “a genius”. Record-breaking temperatures in countries including Britain, France and Germany have killed dozens, overwhelmed hospitals and led to the closure of schools and cultural sites. Mercury in Paris hit a June record of 40.9...

◇ unclassifiedchina · asia · germany

16d06/26

Hong Kong reports 36% rise in FDI inflows so far this year, InvestHK data shows

Hong Kong continued to draw US and European firms to expand their businesses in the city in the first half of this year, the latest data shows, adding new momentum to its superconnector role. A total of 413 companies either set up local entities or expanded their businesses in Hong Kong in the first six months of 2026, representing a year-on-year increase of 9 per cent, government investment promotion agency InvestHK said on Thursday. “[The firms] are expected to bring in over HK$53 billion...

◇ unclassifiedchina · asia · europe

16d06/26

China tests satellite-linked tracking device on China-Europe railway to stop cargo thieves

A potential hi-tech upgrade to BeiDou-based rail monitoring systems could better protect and track containers on the transcontinental China-Europe railway express, according to the developers of a new mountable device. A team drawn from various state-owned railway enterprises said the device could overcome long-standing logistics challenges in real-time rail container tracking and improve security and safety along the vital land shipping route. The China Railway team examined the existing...

◇ unclassifiedchina · asia · usa

16d06/26

Savings phase in the retirement savings account

Dear community, does it make sense to keep the unfunded portion of the AVD as high as possible? We know that the savings phase is tax-free. In the dissaving phase, we can assume that profits from a regular stock fund portfolio will be taxed at 18.4625%. With the AVD it is the personal tax rate (for a pensioner with €3,000 in 2026 euros this is 28%). If you have paid in yourself, the personal rate no longer applies, but income share taxation or half income

Social◇ unclassifiedgermany · europe

16d06/26

Binance to stop providing services to European clients after failing to obtain license: Financial Times

All crypto companies have to obtain a license under the bloc's Markets in Crypto-Assets Regulation by July 1, or risk penalties.

◇ unclassifiedusa · europe

16d06/26

Malaysia demands US$257 million from Norwegian firm over axed missile deal

Malaysia is seeking compensation of 226 million euros (US$257 million) from a Norwegian defence firm after a deal to deliver a naval missile system was cancelled, despite the Southeast Asian country having paid about 95 per cent of the contract value. The claim comprised 129.86 million euros in direct losses, including payments already made by the government, and 96.26 million euros for additional costs and consequential damages, Defence Minister Mohamed Khaled Nordin told parliament on Friday,.

◇ unclassifiedchina · asia · europe

16d06/26

Meckel & Matthes: Struggle for pension, Europe 2031, the CEO in holiday camp

Will the government make a big splash with the planned pension reform? Also: What thought experiment top politicians and executives are currently talking about - and why escapism is popular.

◇ unclassifiedgermany · europe

16d06/26

Why East Asia could be the new centre for peace and economic growth

At a time of worsening global security, East Asia could eclipse a Europe “no longer worth emulating” and become the benchmark for peace and economic growth, according to a prominent Chinese political scientist. Yan Xuetong, honorary president of the Institute of International Relations at Tsinghua University in Beijing, also said the widening rift between the United States and its European allies would elevate East Asia’s global standing. He told a media event in Beijing on Thursday that...

◇ unclassifiedchina · asia · usa

16d06/26

Cryptocurrency: “Uncertainty cocktail” in the market: Bitcoin falls to its lowest level since October 2024

The oldest digital currency has fallen to its lowest level since September 2024. While one analyst fears an emerging crisis of meaning, another advises calm.

◇ unclassifiedgermany · europe

16d06/26

Dispute over electric cars: USA slows down Geely brand Polestar

The Swedish electric car maker, controlled by the Chinese Geely Group, will no longer be allowed to sell new vehicles in the USA from model year 2027. Polestar now wants to focus more on Europe.

◇ unclassifiedgermany · europe · usa

16d06/26⚠ war-conflict · 2/5

Inflation: Everything is getting more expensive, but why not this meatloaf roll?

The meat loaf roll from the Globus supermarket chain has cost one euro since the euro came into existence. About 30 million are sold every year. What does this mean for the company – and what does it mean for us?

◇ unclassifiedgermany · europe

16d06/26

Is a third credit card worth it or does it do more harm to SCHUFA than it does?

I generally value the best possible SCHUFA, as I may also want to finance real estate in the next few years. I currently have two credit cards: Payback American Express and Amazon Visa. I used to also have the Klarna credit card and a credit card from easyBank, but I canceled them because I was afraid that too many credit cards would worsen my SCHUFA score. Now I'm thinking about whether a third card (e.g. because of travel benefits, cash

Social◇ unclassifiedgermany · usa

16d06/26⚠ coups-regime · 2/5

Chinese man changes locks on vacant flat, sells it to unsuspecting couple for US$103,000

A man in eastern China deceived long-time friends out of over 700,000 yuan (US$103,000) by changing the lock on a random vacant flat and posing as its owner to sell it to them. Sun, a Shanghai resident who previously owned two shops that went out of business, had a history of serving time for fraud, according to the mainland media outlet Xinmin Evening News. Following his release from prison in 2017, a married couple he had known for nearly three decades consistently provided him with meals,...

◇ unclassifiedchina · asia

16d06/26⚠ war-conflict · 2/5

‘Do or die’ for small carmakers: China market braces for 156 new models as price war looms

A record 156 new models are expected to hit the Chinese automotive market in the second half of 2026, intensifying concerns about small players’ profitability as a new price war looms. The mass-market segment would see an influx of intelligent electric vehicles (EVs) priced at around 100,000 yuan (US$14,740), but only leading carmakers were expected to secure large orders thanks to their brand awareness and production advantages, analysts said. “Demand for new cars has rebounded but it is not...

◇ unclassifiedchina · asia · usa

16d06/25

EU pitches Brazil a ‘more beneficial’ rare earths deal than US or China

The European Union is offering Brazil a “more beneficial” partnership on critical minerals than the United States or China, the bloc’s international partnerships commissioner said on Thursday, promising investment in domestic refining and technology as Brussels works to cut its dependence on Chinese supply chains. European Commissioner for International Partnerships Jozef Sikela made the case during a week-long visit to Brazil that included a stop on Saturday at a rare earth research and...

◇ unclassifiedchina · asia · usa

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