Finance news

Global Battery Storage Boom Is A Boon for Tesla

Global battery storage installations are booming, and so is Tesla’s utility-scale battery business. Tesla has just signed a multi-year supply and execution agreement with clean energy infrastructure provider NatPower for more than 25 gigawatt-hours (GWh) of battery energy storage systems (BESS) in Europe, as the continent is accelerating battery deployment to make the most of its domestic renewable energy resources. Europe’s battery storage and renewables-plus-storage installations are booming a

Transatlantic tensions: Trump praises NATO chief before summit: “great leader”

Shortly before the NATO summit, the relationship between the USA and some Europeans is tense. Trump repeatedly accuses them of a lack of support in the Iran war. Can Rutte smooth things over?

How do you explain to people investing does not equal greed

I live frugally. Small home, 23yr old car, etc. I don't need much. Growing up in a war-torn 3rd world country selling fruit out of a wooden cart earning just over a dollar a day, extreme poverty doesn't scare me like everyone else. ​ What does scare me is how distant loved ones have become since I started accumulating wealth. They think I've become Scrooge McDuck reincarnated. ​ ​ Immigrated to the u.s, got a degree, good job, and started investing aggressively at 23. Why? Because I had nothing

Technology: AI boom gives Micron a strong outlook – shares rise

The US semiconductor manufacturer expects sales of $50 billion for the fourth quarter. However, the focus is also on an announcement from the largest competitor.

Tech: AI boom gives Micron a strong outlook – shares rise

Micron expects sales of $50 billion for the fourth quarter. Shareholders celebrate the figures after trading.

Germany nixes multi-billion-dollar F126 frigate program, opts for MEKOs instead

Germany wants to purchase eight MEKO frigates to conduct anti-submarine warfare and satisfy NATO requirements instead.

Gold, silver and bitcoin are getting rocked, and angry investors can blame Kevin Warsh

Gold, silver and bitcoin are all falling to their lowest levels of the year as a strong dollar and fears of interest-rate hikes heap pressure on the “debasement trade.”

Norway's Oil Output Beats Forecasts Again Despite Pullback from April Highs

Norwegian petroleum production eased in May after April's exceptionally strong performance, but the country's offshore sector continued to outperform expectations. Crude oil production came in 7.2% above official forecasts even as both oil and gas output declined from the previous month, reinforcing Norway's position as one of Europe's most reliable energy suppliers. Norway produced an average of 1.722 million barrels of crude oil per day in May, according to preliminary figures from the Norwegi

E5 meeting in Berlin: Europeans pledge continued support to Ukraine

The G7 summit seems to have brought Europeans and Americans closer together again. But the next test for the transatlantic partnership will soon come.

Pension Commission: Mini-jobbers are threatened with a tax shock

Trade unions have always fought against mini-jobs and their tax benefits. Now their abolition is on the agenda. Possible consequence: Of the 603 euros net wage, not even 475 euros remain.

E5 meeting in Berlin: Europeans set strategy for NATO summit

After the G7 summit, a NATO meeting will soon follow. The Europeans discussed things in advance. They particularly looked at how they dealt with Donald Trump.

Tesla, NatPower Partner to Enable Over 25GWh of BESS in Europe

'For the first time at this scale, BESS procurement, financing and execution have been coordinated across multiple jurisdictions under a single integrated framework, linking manufacturing allocation directly to project delivery'.

Army’s top general in Europe set to retire next week

Gen. Christopher Donahue is the latest esteemed officer to leave the military under Defense Secretary Pete Hegseth’s tenure.

MiCA regulation: Now the crypto exchange Binance is threatened with expulsion from the EU

Binance has been struggling for a license in Europe for years - so far without success. Now the crypto exchange is surprisingly withdrawing an application in Greece and risks being banned from operating for the time being.

Alternatives to S&P500? Foreign investments?

With the S&P500 now being overrepresented by AI-involved companies like meta Amazon Tesla and so forth what are safer alternative investments options while we weather out the incoming financial crash due to the irresponsible overvaluation in AI? I’m entering my 30s so I’d like alternatives that will return 4.5-7% realistically annually. obviously I have a lot of time on my hands still but if it’s like the dotcom crash in 2000, it will take 16 years before the market recovers… that’s a long time

Precious metal: Gold falls below the $4,000 mark – two factors are weighing on the price

The crisis currency is as cheap as it was last in November 2025. Analysts are already cutting their price forecasts. But in the long term this could be an opportunity.

Space travel: The most delicate phase is still ahead for SpaceX

SpaceX shares temporarily fell below their starting price of around $150 yesterday. If classic patterns go, the price could fall further.

Transatlantic crisis: “Trump wants to find a scapegoat” – Europeans fear NATO clash

At a meeting in Berlin, Chancellor Merz gathers his European partners around him. Europe wants to send a signal of unity - and is preparing for new conflicts with the US government.

Posting of workers: Merz's commitment to the internal market is mainly in the headlines

Clear the way for the posting of workers in Europe? Are you kidding me? Are you serious when you say that! The hurdles for employers remain high.

🇪🇺 About Ukrainian EU Accession - Current public debate regarding when it is allowed to happen misses the mark. The process became just as existential for Brussels as it is for Kyiv.

In many ways what led to war between Ukraine and Russia was the decision by Ukrainian society to pursue a democratic future in the European Union rather than to continue to live under oppressive, corrupt, and oligarchic Russian influence. In 2013, the Verkhovna Rada overwhelmingly voted to approve the finalization of the EU - Ukraine Association Agreement. This decisively signalled that Kyiv chooses Brussels over Moscow and its EU rival, the Eurasian Economic Union. In the months leading up to t

Sony to issue $1bn in dollar-denominated bonds, first in 28 years

Today: Member of the Pension Commission answers questions about capital pensions

Everything you need to know about capital annuities. Also: Why electricity costs up to 750 euros per megawatt hour on Wednesday evenings - and what that means for consumers.

Pension: Up to 393,000 euros extra possible: These figures show how much capital pension you could get

The capital pension is scheduled to start in 2028. The Handelsblatt used different scenarios to calculate how much money they could save with the additional pension for four age groups.

SpaceX: SpaceX is losing more than $600 billion in market value – five reasons for the stock market crisis

The surge in SpaceX shares is over for the time being. On Monday alone it lost 16 percent of its value. The trigger is a combination of several factors.

Gen. Christopher Donahue to unexpectedly relinquish command of Army Europe and Africa

U.S. Army Gen. Christopher Donahue will unexpectedly relinquish command next week after just 18 months in the role, the Pentagon confirmed Wednesday.

billion-dollar mergers: Germany is heading for a lively year of takeovers

Shortly before the end of the first half of the year, the value of the mergers already reached a level that would otherwise accumulate throughout the year as a whole. Large transactions fuel the market. One of them is the largest in Europe so far this year.

Semiconductor: Chip company Qualcomm takes over AI specialist Modular

Qualcomm plans to issue up to 19.2 million new shares for the transaction. Based on Tuesday's closing price, the purchase price is almost four billion dollars.

Diseases: Ebola case in France: first in Europe since the outbreak

More than a thousand people have been infected with Ebola in the Democratic Republic of Congo. Now France is also reporting a case. How did the man get sick?

Euro Sinks To One-Year Low As Oil Price Drop Fuels ECB Rate Cut Bets

The euro has sunk to a one-year low, with easing of tensions between the United States and Iran helping to cool oil prices and raise expectations that the European Central Bank will turn more dovish. The euro was quoted at $1.135 against the U.S. dollar on Wednesday, down from $1.165 before the U.S. and Iran first agreed to a conditional ceasefire on 8th April. A provisional peace agreement to restore oil flows through the Strait of Hormuz has dramatically cooled global energy markets, with Bren

Energy: Heat temporarily causes the price of electricity to increase tenfold

Little production in the evening, but high demand: The heat wave in Europe is causing fluctuations in the electricity market. This is causing new discussions about energy supply in Germany.