Finance news

Latin America and Europe are bystanders in the US-China AI race, says Lula’s top adviser

The race for artificial intelligence has hardened into a two-power contest between the United States and China, fought over rare earths, data and the rules governing the technology, with Latin America and Europe sidelined, Brazil’s top foreign policy adviser said on Tuesday. Celso Amorim, a former foreign and defence minister, made the case at the Forte de Copacabana International Security Conference in Rio de Janeiro, an annual forum run by the Brazilian Centre for International Relations with.

Europe is gearing up for a trade fight with China. But will it change anything?

As trade tensions between Beijing and Brussels continue to rise, China’s firms in the European Union have been forced to walk a delicate tightrope: expanding their presence in the lucrative market while grappling with heightened regulatory hurdles and rapid geopolitical shifts. In the second part of this three-part series, we look at whether China and the EU are heading for a full-blown trade conflict. Last week, Beijing gathered more than a dozen Chinese companies in Berlin for a forum with a..

ASICS boosts elite tennis gear with European R&D hub

Renault teams up with Thales to boost France’s drone production

The carmaker will build Thales’ Toutatis remotely operated loitering munitions at one of its factories, with estimated production of 1,000 units a month.

Unlimited home internet for an effective €8.87/month – Am I missing something?

Hello everyone, I've thought of a little tariff trick to drastically reduce the fixed costs for home internet. Since every euro is optimized here in the sub, I wanted to share my plan with you and ask if I have a mistake in my thinking somewhere. ​ ​ The invoice (for 24 months) I plan to take out an o2 Unlimited Max contract (100 Mbit/s 5G) as a bundle with a smartphone and liquidate the hardware directly. Total contract costs: €826.80 (includes o2 Unlim

Norway Moves to Extend the Life of Europe’s Most Important Oil Field

Norway is moving ahead with the next phase of development at Johan Sverdrup, a project designed to help maintain production from the oil field that has become one of Europe's most important sources of crude supply. According to Equinor, new discoveries in the Johan Sverdrup area have laid the foundation for Phase 4 of the giant North Sea field. Preliminary estimates indicate resources of around 20 million barrels of oil and approximately 30 million barrels of oil equivalent, with production expe

G7 summit: Merz: “Day of Hope” for Ukraine and the Gulf region

The USA sees an end to the war with Iran. Now the G7 summit is again about Ukraine. Trump seeks a conversation with the Ukrainian president.

Business ticker: AI agent Copilot Cowork now costs per application

New billing method at Microsoft +++ SpaceX wants to buy AI start-up for 60 billion dollars +++ Battery industry warns of high dependency on China +++ News in the company's live blog.

Malaysia to buy 18 Caesar self-propelled howitzers, KNDS announces at Eurosatory

The contract was signed following a protracted saga in Malaysia’s attempts to introduce a self-propelled howitzer.

Markets Insight: Why a risky hedge fund strategy defies all crises

With carry trades, investors take advantage of interest rate differences between currency areas. Experts regularly predict the end. But the bet is persistent, observes Jakob Blume.

People buying Tesla at a $1.2T valuation: what is the actual bull case?

I’m genuinely trying to understand the math. Tesla is worth roughly $1.2 trillion today. Current numbers are approximately: Revenue: ~$100B/year Net income: ~$4B/year Revenue growth: roughly flat over the past year P/E: ~300x Let’s assume Tesla achieves enormous success. By 2035: FSD works. Robotaxis are widely deployed. Optimus becomes a real business. Energy keeps growing. Tesla becomes one of the most successful companies in history. What does that actually translate to in dollars? If Tesla e

The $10 Billion Energy Corridor That Could Bypass Hormuz

The extended disruption caused by the US-Iran conflict highlights a need for diversifying energy export routes to reduce dependency on shipping via the Strait of Hormuz. A new initiative launched by the Washington, DC-based New Lines Institute seeks to develop Syria and Turkey into major energy distribution hubs. The Four Seas Initiative outlines an expansive framework for redirecting energy export flows in ways that can lessen European dependence on Russian and Iranian oil and gas while directi

Saving tip: Free shipping by using the DHL Packstation with the DHL bonus program

True to the motto "If you don't honor the cent, you're not worth the Amumbo": with a DHL customer account (e.g. for using the Packstation) you can take part in the bonus points program online and then collect points when you use the Packstation and DHL app. I have an active forwarding to a DHL Packstation and have all packages sent there without exception, buy labels and stamps via the app and also send everything via it. 100 points correspond to one euro, from 619 points you get one

Europe Wary of Sending Hormuz Aid as Questions Linger

At the Group of Seven Summit, held in France, Europeans have raised a series of questions about what exactly was agreed to before committing to demining missions and patrols.

Today: Lufthansa is thinning out its flight network in Europe

After the end of Cityline, Lufthansa is planning further cuts in the intra-European network. In addition: Digital asset managers achieved double-digit returns in 2025, as a new analysis shows.

Handelsblatt Live: US stock market expert Dewayne: SpaceX continues to expand profits

The shares of Musk's company, which was listed on the stock exchange just last week, gained more than ten percent on Tuesday. The reason is the $60 billion takeover of the AI ​​provider Cursor, reports Patrick Dewayne.

As Europe rearms, ‘wingman’ aircraft take center stage

European and U.S. defense forces are rapidly developing their own AI-powered drones to complement their fighter jets and carry extra battlefield tech.

Drones of the Berlin Air Show, plus a window into Europe’s space ambitions

This week on The Break Out, a brief review of small unmanned systems as well as space-launch options showcased at ILA Berlin 2026.

MEPs condemn regimes that pursue critics abroad

Authoritarian regimes are increasingly weaponising financial and cybersecurity rules against dissidents in Europe

Care costs, how much would a child have to pay?

Hi, Since the topic of parental care costs has just come up: how much would an unmarried only child without children of their own have to pay? We currently still have the limit of 100,000 euros, roughly 4700 euros net per month. The private additional payment for care is on average 3,500 euros. How much does the child have to pay? Probably (hopefully) not. There would only be 1200 euros left to live on. ​ What is the current deductible? submitted by /u/I3luemchen [link] [comme

MBDA advances land version of its naval missile as European strike weapon

Europe lacks long-range strike options that provide deterrence by holding Russian assets at risk, a gap that countries are trying to patch.

Rheinmetall pitches shipping container that can spit out swarms of attack drones

One container can hold 18 of the company’s FV-014 munitions, meant to plop out of the container by way of rocket-assisted start.

Iran war ‘stark wake-up call’ for fossil fuel-dependent Southeast Asia: IEA report

The Iran war has exposed major risks for Southeast Asia that could cost the region billions of dollars, if it does not diversify sources of energy more quickly, according to an International Energy Agency (IEA) report released on Tuesday. An overreliance on oil and gas transported through the Strait of Hormuz left the region particularly vulnerable to shocks from the Iran war, a “stark wake-up call” for its energy security, the report says. It notes that rising sales of electric vehicles, a...

Energy: Oil prices continue to fall significantly

Since the situation in the Middle East has eased, crude oil prices have been on the decline. The price of a barrel of Brent oil falls below $80.

Europe rearms: Battle management, counter-UAS, and real AI at the edge

[Sponsored] Mapping Europe’s modernization from the Eastern drone wall to actual artificial intelligence resident in tanks.

Space: SpaceX buys for $60 billion - and overtakes Microsoft and Amazon on the stock market

The record IPO of Elon Musk's space company is followed by the takeover of the programming assistant Cursor. The stock continues to rise at a rapid pace.

With new Paris office, UAE’s EDGE Group sees Europe as ‘next large market’: CEO

EDGE CEO Hamad Al Marar told Breaking Defense the company is seeing high demand for its tech after it played a role in defending the United Arab Emirates from Iranian attacks.

Energy: Oil prices continue to fall significantly

Since the US and Iran agreed on a framework agreement, crude oil prices have been on the decline. The price of a barrel of Brent oil fell below $80 for the first time since the beginning of March.

+++ Football World Cup 2026 +++: Advertising coup with World Cup stadium: This is how Levi's tricks FIFA

Trader loses almost a million dollars with Polymarket bet on Spain +++ Iran star threatens to exit tournament due to invalid visa +++ The World Cup news blog.

Car costs: Monopoly Commission sees million-dollar gap in fuel discount

The advisory committee estimates that 100 to 200 million euros have not been passed on; the Ifo sees deficits, particularly in the case of diesel. Meanwhile, fuel prices are moving towards pre-war levels.