Finance news

UK industry team looks to miniaturize DragonFire laser for Type 45 destroyer debut

Based on a 2027 target, the UK is set to become the first European NATO nation to operationally deploy novel, laser directed energy technology.

Where is my suitcase?: Tracker for flight luggage: buy it or leave it alone?

Locating your flight luggage for 20 to 30 euros and no ongoing costs - sounds tempting. But how easy is it really to set up and what do airlines say about the batteries that are in the trackers?

You have health insurance - is the planned pension reform for mini-jobs an unexpected advantage?

If mini-jobbers have to pay contributions to health and nursing care insurance in the future as a result of the reform, does that also mean that you have health insurance through the mini-job? Everything else would be somehow contradictory, right? Otherwise you would be paying into a system from which you would not receive any insurance cover. That would actually be an advantage in my situation. For example, I currently have to pay 275 euros to the voluntary statutory health insurance as a student over 30. If that were the case, that now as a social worker. ve

New Soul: This Berlin chain brings massages from the backyard

In Berlin, many founders want to get started with AI or armaments. Christian Gorgas prefers to focus on Brazilian lymphatic drainage - and wants to build Europe's largest massage chain with New Soul.

Singapore aims to lead Asia’s wellness race with US$770 million complex

As Singapore bets on becoming Asia’s leading wellness destination, tourism experts say the city state must prove that its attractions can draw international visitors in a region replete with spas, retreats and hot springs. A S$1 billion (US$770 million) waterfront complex scheduled to open in 2030 is expected to be a major driver of the country’s wellness sector. European developer Therme Group is slated to start work on the project in the third quarter, after being awarded the tender in...

Energy: Electricity prices reach highest value of the year due to the “heat lull”.

Little production in the evening, but high demand: The heat wave in Europe is causing fluctuations in electricity prices. But experts don't think this is a problem.

Stock market: Chip company Hynix wants to raise $29 billion with a US secondary listing

Hynix wants to use the income from the secondary listing primarily to expand production capacities. The company also hopes to gain greater attention from US investors.

France suffers major power outage as Europe sizzles in record-breaking heat

A heat-related power outage left around 68,000 homes without electricity in western France as record-breaking heat sweeps Europe.

Markets: HSBC strategist Kettner: “European bank shares still have potential”

HSBC strategist Max Kettner believes Tuesday's price collapse was exaggerated. In the Handelsblatt interview he explains why he continues to rely on the rally - in Europe and in the USA.

Ukraine war: Which European is sitting at the negotiating table with Putin?

At the meeting of the E5 leaders with NATO Secretary General Mark Rutte in Berlin, the question will also be how Europe can help Kiev despite declining US commitments.

FTSE All World + Gerd Kommer ETF makes sense?

Hello everyone, I'm currently only saving for the FTSE All World ETF and I'm very happy with it. But I'm thinking about starting a second savings plan on the Gerd Kommer ETF in the future. I wouldn't sell anything from the All-World, but rather the savings rate in the future, for example. B. split into 75% FTSE / 25% Gerd Kommer ETF. (I currently have almost 70k in the FTSE and a savings rate of 300-500 euros per month, which changes a little depending on my income.) The commercial ETF brings with it a higher weighting

Up to 70 percent subsidy: Heating replacement in WEG: This is how you secure all the funding

With clever additional applications, owners in WEGs can secure hefty bonus subsidies when replacing heating systems. Otherwise, thousands of euros will be lost. What you specifically need to pay attention to.

Wife of ALS-stricken China e-commerce tycoon refuses divorce despite request

China’s most renowned amyotrophic lateral sclerosis (ALS) patient, Cai Lei, has been battling the illness for seven years following his diagnosis. His wife, Duan Rui, has supported him in her own way, also becoming a pillar for other families affected by ALS. After the former vice-president of Chinese e-commerce giant JD.com received his ALS diagnosis in 2019, Cai, now 48, emerged as one of the world’s most determined advocates against the disease, investing over 100 million yuan (US$15 million)

ECB reports on progress towards euro adoption

Hungary: End of the Ice Age in Central Europe: Peter Magyar revives the Visegrad Group

After Viktor Orban's fall, the Central European four-party alliance quickly regrouped. Even his close allies Babis and Fico hardly mourn Hungary's former head of government.

Tank maker KNDS plans stock market listing, Germany to buy 40% stake

The firm showed a proposed battle tank at Eurosatory defense exhibition in Paris boasting a French turret and gun mounted on a German Leopard 2 chassis.

‘I’m scared of making a huge financial mistake’: I gave my brother half of my $1.5 million home. Can he force me to sell?

“One lawyer estimated that my brother and I would each walk away with a couple hundred thousand dollars.”

Capital pillar pension insurance. Is it worth it for you?

Hello, since only the wildest comments without any expertise - purely based on feelings like a good angry citizen - are floating around here, I wanted to approach the matter from the factual side. I was wondering what return the bond fund would have to produce to beat a simple ETF savings. Assumptions: Gross salary: 50,000 euros Pension contribution for employees: 500 euros / year Payment into capital column: 1000 euros / year Net loss for employees: 500 euros / year * Limit load = 336 euros

Arms company: “Natural next step”: KNDS announces IPO in Paris and Frankfurt

The Leopard manufacturer's IPO is likely to be one of the largest in recent years, even for Europe's booming defense sector. And there are already plans for a dividend.

Defense stocks plummet on report Germany is scrapping warships; Rheinmetall stock down 13%

Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.

Best serial acquirers in Europe

Hi all, I am looking for suggestions of serial acquirers / compounders in Europe to invest (long term horizon). I know a few, particularly in the Nordics (Investor AB, Lifco,…), but wanted to get some additional suggestions. Which do you think are most attractive and why? Thank you! submitted by /u/Puzzleheaded_Bat3349 [link] [comments]

EU and China need a grand bargain to avoid a trade war

As European leaders convened at the European Council meeting in Brussels this month, the spectre of a full-blown trade war with China cast a long shadow over the proceedings. Amid ongoing anti-subsidy probes into Chinese green technology and the looming threat of retaliatory tariffs, the economic bedrock of the China-EU relationship appears increasingly fragile. Yet, beneath the hawkish political rhetoric, recent high-level meetings between European officials and their Chinese counterparts...

Beyond the obvious: Europe has a clear advantage

The tech company GetYourGuide relies on Europe instead of Silicon Valley - for good reasons.

Business ticker: Ifo index increases after Iran agreement

Meta appoints entrepreneur Kunal Shah as WhatsApp boss +++ Semiconductor company X-Fab invests up to 400 million euros in Erfurt +++ News in the company live blog.

Interview: McKinsey Germany boss: “Our work has fundamentally changed”

Fabian Billing is the only European to join the McKinsey supervisory board. His expertise as a transformation expert is in demand there. He also has advice for Germany.

Singaporean woman jailed for slapping, punching helper over job performance

Upset with the way that her domestic worker had performed tasks such as hanging the laundry or cleaning bottles, a 67-year-old woman slapped, punched and scratched her, drawing blood. The victim, who earned S$470 (about US$360) a month, told staff members from Singapore’s Centre for Domestic Employees (CDE) during a routine call about the abuse, and a police report was made. Hazel Phang Fong Yen, a 67-year-old Singaporean woman, was sentenced to four months’ jail on Wednesday. She was also...

Start-up: Car rental company Finn becomes a unicorn – Canadian investor leads 100 million financing round

The Munich start-up raises 100 million euros from investors. Recurring sales are more than 300 million euros. Nevertheless, Finn also feels the consumer reluctance.

Chinese car sales accelerate in Europe as Brussels weighs putting on the brakes

Chinese carmakers continued their rapid expansion in Europe last month according to industry data released on Tuesday, as Brussels reportedly weighs fresh tariffs aimed at slowing their advance. Geely Group was the highest-placed Chinese carmaker, ranking eighth among all manufacturer groups in May, according to the latest sales data released by the European Automobile Manufacturers Association (ACEA), covering the European Union, the United Kingdom and the four European Free Trade Association..

Aktein: Samsung is planning a share buyback worth billions

After a strong first quarter, the electronics giant is now buying back its own shares worth 51 billion euros. There had previously been a collective agreement.

IPO: TAG Immobilien raises 200 million euros with the IPO of its Polish subsidiary

The successful IPO of Robyg brings TAG Immobilien 200 million euros and creates scope for investments in residential projects in both markets.