Finance news

Comment: Lufthansa's decision to thin out its network in Europe is long overdue

The airline has promised to ensure good international connections at the home airports of the airlines it has taken over. But in the end two questions remain.

Space travel: Europe's long journey to the moon

The USA has adapted its Artemis program; German astronauts are not initially heading towards the moon. The calls for a European ferry for manned space travel are becoming louder.

G7 summit: industrialized countries discuss the war in Ukraine

On Tuesday, Ukrainian President Zelenskyj arrived in Évian for the G7 summit. The focus of the planned meeting is the attempt by European states to persuade US President Donald Trump to change his Ukraine strategy.

EU bows to Trump pressure on tariffs but warns of future chaos

The European Parliament approved on Tuesday cutting duties on many US goods imports to fulfil the European Union’s side of a trade ‌deal struck last year, and avert a new round of tariff conflict between the world’s largest trading partners. US President Donald Trump struck a framework deal with the European Union at his Turnberry golf course in Scotland last July under which the EU agreed to remove import duties on US industrial goods in return for tariffs of 15 per cent on most EU...

Philip R. Lane: Outlook for the euro area economy

Artificial intelligence: SpaceX wants to take over start-up

The space company swallows the software company Anysphere for 60 billion dollars. This is intended to strengthen SpaceX's AI division.

Business ticker: SpaceX wants to buy AI start-up for $60 billion

Federal government does not want to accept takeover offer for Commerzbank +++ Fuel discount was hardly received by consumers +++ Cyber ​​attack on V-Bank +++ News in the company live blog.

Is Europe declining faster than Qing China? A Chinese-French debate

Is the economic decline of Europe worse than the last decades of the Qing dynasty? That’s a question posed by Luis Vassy, director of Sciences Po, one of France’s premier universities. It has caused something of a stir in Europe and China. “The European Union has seen its share of the world economy fall from 30 per cent to 17 per cent between 2008 and 2025, a span of 17 years,” he wrote in Le Grand Continent, a European current affairs publication, last week. “China covered the same distance...

Customs deal: EU MPs approve implementation of US customs deal

US President Trump insists on the agreements being implemented as soon as possible. The European Parliament is in favor of this – but not at any price.

Programming with AI: SpaceX acquires AI start-up Cursor for $60 billion

SpaceX is acquiring Cursor in a mega-deal, a move intended to spur the development of AI-powered programming tools.

Tightened rules: China is catching up in environmental protection

After the green wave, Europe focused on easing the burden on companies. At the same time, China is tightening its environmental regulations. What does this mean for leadership in environmental technology?

Artificial intelligence: SpaceX wants to buy AI startup Anysphere for $60 billion

Shortly after the IPO, SpaceX wants to take over the programming assistant Cursor. SpaceX could thus replace Amazon in fifth place among the most valuable companies.

Summit on Lake Geneva: G7 wants to increase pressure on Russia

The Europeans and Ukraine want to pressure Russia to return to the negotiating table. At the G7 summit they are bringing an extremely important player on board.

Car costs: Balance on the fuel discount: Not everything was received by the consumer

The Monopolies Commission sees a gap of 100 to 200 million euros, and the Ifo sees deficits, particularly for diesel. Meanwhile, fuel prices are moving towards pre-war levels.

World trade: EU Parliament votes for US customs deal with safety net

With the controversial deal, the EU wanted to avert a trade war with the USA. US President Trump insists on early implementation. The European Parliament is in favor of this - with reservations.

European Parliament clears way for EU-US trade pact

Parliament approves Washington deal while fresh trade threats emerge

Trim the Brussels bureaucracy budget, says Austria

The European Commission last July proposed spending around €104 billion on administration in the next budget cycle, including 2,500 additional civil service posts

Space start-up: Isar Aerospace is in danger of being left behind

Europe has a lot of catching up to do in space travel. Isar Aerospace is considered a beacon of hope. But after the fourth failed launch attempt, the question arises as to whether the space start-up can still achieve its goal.

AI Partnership: Europe's silent answer to Palantir

Celonis and Deepset join forces for a sovereign AI platform for government and critical infrastructure. The target is a market that has so far been dominated by the controversial US group.

The district council considers the 100,000 euro limit for care costs to be too high

https://www.spiegel.de/wirtschaft/unternehmen/pflegekosten-landkreistag-haelt-100-000-euro-border-fuer-kinder-zu-hoch-a-d857df01-81b9-4e8f-af39-26428c4406a1 I could freak out again with this article. It's nice how the justification is things like the assets being transferred from parents to the children, while here again only the children's income should be used. Where is the problem with setting the limit at high assets instead? Why am I even liable for d

Also for the Federal President: What goes into wooden construction

From daycare centers to presidential residences: a lot can be built with wood. The largest wooden modular construction project in Europe is being built in Rostock. Nevertheless, the building material has come under criticism.

China showcases anti-drone air defences at Paris show as conflict fuels demand

China’s largest ground-based arms manufacturer is displaying air defence systems specifically for drone warfare, along with advanced artillery equipment at this year’s Eurosatory exhibition in France. Demand for air defence solutions is skyrocketing, fuelled by the conflict in Ukraine and the US-Israeli war on Iran which have been largely defined by the use of unmanned aerial vehicles (UAV) and missiles. North Industries Group Corporation (Norinco) is using miniature models to display its...

Europe cannot afford drift on China: time for a strategy that defends jobs and values [Promoted Content]

Europe stands at a crossroads in its relationship with China: cling to fragmented responses, or forge a bold, unified strategy. As dependencies deepen and industries strain, defending jobs, values, and sovereignty demands urgent, decisive action now.

China ‘Goose Leg Auntie’ celebrated for street snacks slammed for using inexpensive duck legs

China’s “Goose Leg Auntie” has come under fire after allegedly selling cheaper duck legs as raw materials. Chen Xiufeng, a 56-year-old street vendor in Beijing, built a loyal following with her 16 yuan (US$2) roast “goose legs”, promoted through social media pre-order groups. After arriving in Beijing in 2000 to sell fruit outside university gates, Chen later became known as “Goose Leg Auntie” because students queued at night for her popular goose leg snack. Students from two top universities...

KNDS proposes mixed French-German tank to replace France’s Leclerc

The French-Germany company plans for an in-house active protection system and the ability to change out the 120mm gun with a 140mm variant.

Artificial intelligence: French domestic secret service replaces Palantir with domestic software

The high level of dependence on American services is causing skepticism in Europe. France wants to become more independent in its intelligence work in the future.

Dax current: Dax starts cautiously - and remains below 25,000 points for the time being

The USA-Iran agreement to end the war only encouraged a few investors to buy stocks on Tuesday morning. Oil prices remain above the $80 mark.

European manufacturers unveil new main battle tank variants at Eurosatory

KNDS showcased its new CaPINT MBT for the first time on Monday, advertised as a gap-filler to replace France’s aging Leclerc fleet, which is expected to be retired around 2037.

China ‘overcapacity’ is a smokescreen for Western protectionism

“Overcapacity” has become the buzzword in Washington and Brussels. American and European policymakers insist China churns out far more steel, electric vehicles and green technology than it can absorb, flooding the world with subsidised goods. Yet the economic data tells a different story: of double standards, protectionist impulses and a habit of moving the goalposts. Start with steel. Western officials point to China’s massive output as proof of distortion. But China official data puts the...

Wealth index: $336 billion in one day – This is how the super-rich benefited from the SpaceX IPO

With SpaceX's IPO, Elon Musk wasn't the only one who increased his wealth. An evaluation shows: The wealth of the richest 500 people has never increased as much as it did on Monday.