Finance news

US trade court to Trump administration: speed up tariff refunds

The US Court of International Trade is pressing the Trump administration to speed up tariff refunds of billions of dollars to thousands of importers, following a partial roll-out after the US Supreme Court struck down its global tariffs in February. “The time has come to refund all the duties,” said Judge Richard Eaton on Tuesday, adding that the delay is leading to a “growing inequity” between big importers and small businesses. The judge did not issue any new order but noted that the...

Netherlands: Cannons and church art: Excursion to the fortress town of Naarden

The medieval ensemble in North Holland is considered one of the best-preserved bastion cities in Europe. Naarden is not only an architectural jewel, but also a place of remembrance.

Japan's Mitsubishi HC, Canada's Brookfield to buy European wind, solar farms in AI play

Adobe needs a new CEO to make bold AI moves, and its choice could be revealed on Thursday

Given all the doubts around Adobe, it’s perhaps surprising that the company will likely go with an internal candidate to replace outgoing CEO Shantanu Narayen.

Sales of million-dollar homes suggest inflation is spurring the wealthy to buy now

Inflation is pulling rich buyers and struggling renters in different directions in housing market.

World's Largest Battery Maker Bets Big on Energy Storage

The world’s top battery manufacturer, CATL, expects sales of battery storage systems to account for half of its total sales in the coming years, signaling strong optimism about the battery storage sector as countries investing in alternative energy seek to make it more reliable. Storage is the only way to use electricity later than the moment it was generated, which is how electricity is normally used. With regions such as Europe and parts of Asia betting big on wind and solar electricity, batte

NASA's lunar program: Italians instead of Germans on “Artemis” - What does that mean?

With the “Artemis” program, NASA wants to put people on the moon again. It was announced that the first European to fly would be a German. Why does an Italian start first?

Members' salaries: Diet increase in the Bundestag is to be canceled this year

The salaries of the 630 members of the Bundestag should increase by almost 500 euros on July 1st. It is now clear: the diet increase will be canceled this year. All groups are now in favor of it.

Members' salaries: Diet increase in the Bundestag is to be canceled this year

The salaries of the 630 members of the Bundestag should increase by almost 500 euros on July 1st. It is now clear: the diet increase will be canceled this year. All groups are now in favor of it.

leaning towards spym > voo... but is there a risk spym stops tracking the s&p 500 eventually?

opening a brokerage through fidelity. wanting to invest in the s&p 500. as much as i want to go with vanguard etfs after reading the simple path to wealth & the little book of common sense investing... spym has them beat on the expense ratio (0.02% vs. 0.03%). (i know fidelity offers fxaix at 0.015%, but i think i want flexibility to transfer away from fidelity if i need to down the line.) anyways - i've read that spym (formerly splg) used to track the russell 1000 until 2020 or so, and then swi

Nasa reveals Artemis III astronauts in next step towards moon landing

Nasa on Tuesday revealed the crew for its Artemis III mission, the next step in the space agency’s plan to eventually land astronauts on the moon. The announcement came two months after Artemis II’s record-breaking trip around the moon, which surpassed the distance record of Apollo 13. Nasa’s Randy Bresnik, Frank Rubio, Andre Douglas and the European Space Agency’s Luca Parmitano won’t fly to the moon or land on the surface. Instead, they will orbit Earth while practising docking their Orion...

Stuttgart 31: Fiasco in stone

XXL delays, crazy justifications and hundreds of millions of euros extra: As a rail customer and taxpayer, you don't know what to be most angry about. There's only one thing left now.

Is there a way to short SpaceX? Without unlimited downside?

I was looking into the potential IPO of SpaceX, and in my opinion, Elon Musk knows the company is a toxic asset and wants to cash out while securing his trillion-dollar compensation package. I think he wants to dump that risk onto public investors. With the Iran situation remaining a merkey, but unlikely to actually be resolved anytime soon with Israel bombing them yesterday’s it’s likely that energy costs stay high making rocket fuel and AI energy extremely expensive, I don’t buy the argument t

Pressure from Brussels: Half of all customers should have a smart meter by 2030

Germany is one of the worst performers in Europe when it comes to installing smart electricity meters. The EU Commission therefore wants to set higher targets by law.

Comment: Nobody has to spend over 100 euros a year on their checking account

When it comes to bank fees, there is often no relationship between price and performance. An account is also not a bond for life. Rather, we should ask ourselves the only right question.

Business ticker: Airbus is forging a new armaments project

BASF boss warns of oil price shock and energy shortage +++ Roche sticks to million-dollar investment despite Berlin austerity package +++ Isar Aerospace raises 270 million euros +++ News in the company live blog.

China’s EV giants are breathing new life into Europe’s ailing car industry

From Sunderland to Spain, Chinese manufacturers are revitalising idle factories and investing where traditional European carmakers are pulling back. Chinese carmakers are rapidly transforming from export-oriented manufacturers into embedded participants in Europe’s automotive industrial base, a shift increasingly visible across both continental Europe and Britain. What began as a strategy focused on exporting low-cost electric vehicles (EVs) has evolved into a broader industrial expansion...

Technip and Airbus Create Sustainable Aviation Fuel JV

French energy and engineering firms have teamed up with Airbus to create a joint venture to develop a large-scale Sustainable Aviation Fuel (SAF) production project at the Port of Dunkirk in France, the companies said on Tuesday. Technip Energies, Airbus, Safran, and Tereos are setting up Rebound, the joint venture aimed at developing a production capacity of 160,000 tons of Alcohol-to-Jet SAF per year at Dunkirk. The new venture would strengthen European energy sovereignty and support France’s

Airbus-led alliance lobbies Germany on fighter jet project

Industry sources said the move did not amount to an attempt to launch a new fighter project following the collapse of the Franco-German FCAS program.

Logistics: How combustion engines save fuel with solar cells on the roof

3,000 euros investment, five percent less diesel consumption, payback in less than two years: retrofitted solar modules on trucks can help reduce fuel consumption.

Business ticker: “Reserves are slowly being used up”: BASF boss warns of new oil price shock

Roche is sticking to its million-dollar investment despite Berlin's austerity package +++ Production slows in April +++ Isar Aerospace collects 270 million euros +++ News in the company's live blog.

SUV with or without all-wheel drive: This is how the Uncharted starts as Subaru's second electric car

So far they have treated the new mobility rather neglectfully. But now Subaru is picking up the pace, giving the Solterra a little brother and making electric driving 9,000 euros cheaper

Comment: American megalomania meets European sluggishness

While the USA may be creating the world's first trillionaire with SpaceX, Europe is burying the heart of the FCAS fighter jet project. Failure tells a lot about us.

Reducing subsidies: These three MPs are supposed to raise three billion euros

The black-red coalition wants to cut subsidies to finance part of its tax reform. A working group is working on proposals. But there is still a conflict.

European armament: Airbus is apparently forging an alliance for a new fighter jet

The German-French FCAS project failed. Now Airbus is apparently working on further collaboration with European companies. The backgrounds.

Tax evasion: The end of the “open cash register”

In the fight against tax evasion, the electronic cash register should become mandatory - and at the same time the receipt requirement for amounts up to 30 euros should be lifted.

Space startup: Isar Aerospace gains new investors

The Munich start-up was able to convince other investors and secured 270 million euros. What is planned with the money?

Judgment against Neobank: Cheated customers of C24 Bank can hope for compensation

A customer invests time deposits at C24 Bank via an online platform. Now she is missing 100,000 euros. A court rules that the bank is partly to blame. Similar rulings could follow.

Is there even a good outcome for us when it comes to AI?

By us I mean the working part of the population who has savings plans for retirement or owning their own home. People who can live on their passive income and have a paid-off home can sit back and relax. Is there a positive outcome for us from the whole AI bubble? Currently, the signs are becoming increasingly clear that there is a very realistic risk that the trillions of dollars that are now to be invested in AI will never be able to accumulate any equivalent value

Bitcoin price current: Bitcoin is recovering only with difficulty

Bitcoin stabilizes after falling below $60,000. Analysts are meanwhile warning of fragile sentiment. Latest news from today in the Bitcoin news blog.